Replies to post #11711 on Global Earth Energy Inc. (fka GLER)

[kayakzz]

Thewolf1: I agree with you about the letters of intent. However, the real scam is the "letter of credit." A letter of credit is a binding 3 party contract. GLER's letter of credit says it is not binding, doesn't identify the parties, doesn't identify the contigency for payment, etc. I think that document is the one the will be the death nell for GLER. It is unexplainable from a business or legal perspective.