Replies to post #17038 on Global Earth Energy Inc. (fka GLER)

[Caveat Emptor]

Looks good Goose.

[@itsfinest408]

Monsta D.D. as always, Goose. GLER

[roiresearch]

Wow, what a recap. I guess I had a lot to say!! We all look for an opportunity to make big bucks on the micro penny plays. IMHO, GLER is just getting started

[linkerboy]

How does he get the pps to .25?
Is a R/S possible? Just wondering...

[Eddy_R 1]

I have to agree that the DD you posted is in fact 'valuable'. Guys read the entire post #17038. click on all the links it tells the GLER story very well. Post #17038 tells us why GLER will be trading in Penny Land, maybe as early as the end of this week.

GreyGoose_69, very good info, thanks.

[roiresearch]

It's just amazing when you look at how the deals are being structured so that GLER shares are being valued between .25 - .36 per share. When we look at the first acquisition, it says in Black and White:

The registrant agreed to pay more than the appraised value due to the fact that Premier will not require any cash payment for the purchase of the Naylor Street Property. Instead, Premier is willing to accept the registrant’s convertible promissory note in full payment of the purchase price.

There is no mortgage on the property. Literally for a few shares we acquired an incoming producing asset. If Frankel can structure more deals like that, GLER should be a .25 to .36 stock

Even when we look at deals that required us to take over/assume the seller's financing, GLER will be pulling a net income over $1million. How many sub penny stocks, penny stocks or even stocks listed on higher exchanges can say that? Below is a recap again from Friday's 8K:

Item 1.01.
Entry into a Material Definitive Agreement

The Naylor Street Property
Purchase Price: $2.5 million
Closing: May 24, 2013
Does the property have a mortgage: NO
Net Operating Income: $169,477.00
Form of Payment: 10 million shares of GLER
Value of GLER shares: .25 (10,000,000 x .25)


The Honeywell Apartment Complex
Purchase Price: $26,000,000
Closing: June 14, 2013
Does the property have a mortgage: $16,939,016.99
Mortgage Payments: $912,765.00 annually
Net Operating Income: $787,235.00
Form of Payment: 25 million shares and assumption of mortgage
Shares convertible to what price: $9,070,000
Value of GLER shares: .36 (25,000,000 x .36)

Sunrise Highway Office Building
Purchase Price: $8,700,000
Closing: Not Set
Does the property have a mortgage: $5,000,000.00
Mortgage Payments: $242,748.00 annually
Net Operating Income: $837,252.00
Form of Payment: 12,000,000 shares and assumption of mortgage
Shares convertible to what price: $3,700,000
Value of GLER shares: .308 (12,000,000 x .308)

[Eagle007]

Question, which one of the sharks invested in the Harlands?

"The Harlands went to the sharks, gave up all their management position and super voting rights for some money and shares. "

The only Frankel I can find is Bethany Frankel on Shark Tank I am missing something here.

thanks.