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Thursday, October 03, 2013 8:48:11 AM
$GLER **.02/SHARE...WHY?? EVERYONE NEEDS TO READ THIS FILING**
Quote:
The intention of the Exchange Agreement, is that the registrant shall own 20 percent of the outstanding shares of the Hawk common stock and that Hawk shall own 20 percent of the outstanding shares of the registrant’s common stock. If, following the date of the Exchange Agreement, either the registrant or Hawk shall issue additional shares of its common stock for a price per share less than the value per share of such shares of common stock on the date of the Exchange Agreement, then the registrant or Hawk, as the case may be, shall have the right to purchase shares of the common stock of the other at the price per share for which such shares are issued as described in this sentence, so as to maintain the relative stock ownership of the registrant or Hawk, as the case may be, in the registrant or Hawk. For the purposes of the Exchange Agreement, on the date thereof, the price per share of the registrant common stock is deemed to be $0.02, and the price per share of the Hawk common stock is deemed to be $3,200.00.
just FYI, GLER is the registrant
FILING LINK:
http://www.sec.gov/Archives/edgar/data/1121901/000109181813000363/gler082820138k.htm
Quote:
The intention of the Exchange Agreement, is that the registrant shall own 20 percent of the outstanding shares of the Hawk common stock and that Hawk shall own 20 percent of the outstanding shares of the registrant’s common stock. If, following the date of the Exchange Agreement, either the registrant or Hawk shall issue additional shares of its common stock for a price per share less than the value per share of such shares of common stock on the date of the Exchange Agreement, then the registrant or Hawk, as the case may be, shall have the right to purchase shares of the common stock of the other at the price per share for which such shares are issued as described in this sentence, so as to maintain the relative stock ownership of the registrant or Hawk, as the case may be, in the registrant or Hawk. For the purposes of the Exchange Agreement, on the date thereof, the price per share of the registrant common stock is deemed to be $0.02, and the price per share of the Hawk common stock is deemed to be $3,200.00.
just FYI, GLER is the registrant
FILING LINK:
http://www.sec.gov/Archives/edgar/data/1121901/000109181813000363/gler082820138k.htm
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