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terry_mathews

09/10/13 9:47 AM

#23634 RE: stervc #23631

Somebody may want to inform Sterling that a partnership does not make a company a subsidiary where financials are somehow combined.

The PR on this 'partnership' was a 20% stock swap I did not read anywhere where HAWK would take out all of the financial risks (equity line, etc..) and acquire 100% of these companies just to hand them over to GLER and receive 20% back thru possible share value increases. If GLER was to own these assets, wouldn't THEY be the acquiring company and wouldn't THEY get the equity line?

First Sterling, you have the wrong HAWK Manufacturing.

Second, you confuse partnership with subsidiary. There would be no reason for HAWK to give GLER 100% for 20% back in return when they can have 100% and give GLER 20% in return under the partnership agreement.

Third, HAWK is negotiating incentives at the state and local level that could total more than $17 million in tax incentives and other benefits. They are doing this under their corporate status not GLER's.

Finally, Your valuation seems to consider that HAWK gets nothing out of this? They have a set of private investors theoretically who own 80% of their business. Wouldn't GLER have to pay them something annually for the 20% stake they have in GLER? You can't think that HAWK is giving GLER all their revenues and GLER is allowing HAWK to simply hold on to their shares as value.


This valuation is pure fiction and can not be considered as anything other than that.
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MONEYMADE

09/10/13 1:26 PM

#23704 RE: stervc #23631

,,,,,,,Sterling with this share structre THE CRITICS WILL BE SILENCED.....Soon


Nice run last week and she's building nice base for round 2


Monster PR yesterday



--MONEYMADE
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StockDog OTC

09/10/13 10:11 PM

#23736 RE: stervc #23631

EXCELLENT POST!!

The .0555 GLER Valuation from the Recent News…

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…

1,070,135,480 shares ÷ $4,000,000 Annual EBITA Profits = .0037 EPS EBITA

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…

.0037 EPS EBITA x 15 P/E Ratio = .0555 per share

So, in my opinion, I think this is why Hawk set a baseline within the filing that I talked about when referring to such within the post below of .02 per share:
http://investorshub.advfn.com/boards/read_msg.aspx?message_id=91710688

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.

v/r
Sterling

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JPS02

09/27/13 1:04 PM

#25449 RE: stervc #23631

stervc, it looks like GLER pps has started the climb towards your .0555 valuation.

Go GLER!
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JPS02

09/27/13 5:57 PM

#25879 RE: stervc #23631

Stervc, GLER didn't hit your .0555 pps valuation today, but just wondering what your thoughts are on today's trading?

Go GLER!
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ducktor

12/03/13 10:50 AM

#45424 RE: stervc #23631

That's all the DD I need....
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Cool_Trades

12/03/13 10:51 AM

#45428 RE: stervc #23631

Great DD Stervc, as always, DD trumps all


$GLER