Based upon the deal making Hawk a partner with GLER, it confirmed that the OS is roughly around 1,070,135,480 shares. The recent GLER PR below stated that the four acquisitions for 2012 had annual EBITA profits of $4 million: http://ih.advfn.com/p.php?pid=nmona&article=59127679&symbol=GLER
Since GLER is going to be the incubator of which these acquisitions will be placed, we can derive a fundamental valuation to be as such…
Considering the variety of industries that each of the acquisitions would exist within, I think it’s safe to use 15 as the P/E Ratio to determine a value of where GLER should exist to trade upon closing of these acquisitions…
Now when you throw in the $17 Million in Tax Incentives that was mentioned on top of this .0555 per share valuation, I think I see what Hawk and GLER are both seeing. In the long run, they win.