If you can dream it you can do it. David K. Migneault
penguin in nevada Member Level Saturday, 02/01/14 02:56:25 AM
Re: erik007tc post# 58139
Post # of 58358
this was posted by good friend of mine on IHUB he has been with GLER long knows what he is talking about but it real simple English and straight forward:
Quiver-Full Member Level Wednesday, 01/29/14 12:03:52 AM
Re: Btown post# 56670
Post # of 58170
Let me give it a shot... I will try and simplify what is $GLER:
1) Hawk Manufacturing Inc. is a private company with very close to $25,000,000 in revenue on an annual basis. This is projected to be $100,000,000 in revenue by the end of 2014. (That is CEO belief) This is important because many penny companies have viable business but they are slowly dying. Hawk Manufacturing Inc is GROWING
2) Hawk Manufacturing Inc and Green Earth Energy Inc. have been working together for a few months to form a new conglomerate of sorts. They have been buying up other businesses to be able to have a bigger company with greater potential. Most of the buying has been done by Hawk Manufacturing Inc for two reasons. #1 they are a private company for now and can buy other companies with a lot less scrutiny and #2 they have the financing and wherewithal to make the purchases ($25,000,000 available in financing)
3) Hawk Manufacturing Inc & Global Earth Energy Inc. are going to do a Reverse Merger. There are two possible ways they can do that. #1 they can do Reverse Split and give themselves a majority of the company afterwards & #2 they can increase the AS and use preferred shares or common shares to have greater than 51% of the newly formed company. I'm so glad they chose the second option & we now have confirmation of that with today's filing.
4) They now sign the paper work and audit some financials proving their worth and you then have a newly formed company that is valued at least 20 times what the current PPS is.
Quote:
I know there's a lot of confused people on here! Will somebody who is PRO GLER explain in the easiest of all ways what going on and what's to come! Just in case people haven't heard the news and what's going on! thanks
GLER, can't wait
