1. Stock swap with Hawk Manufacturing announced in Aug. 28/13 PR: A stock swap of 20% in each company that gave GLER and Hawk Manufacturing ownership in each respective corporation allowed Hawk Manufacturing, Inc. to have the right to purchase shares of GLER at .02 per share or below any amount of shares issued that would allow them to maintain their 20% ownership interest in GLER.
The value of the transaction was nearly $5,000,000.00 between the two firms. GLER received $4,300,000.00 worth of stock from Hawk.
2. Hawk Manufacturing: DD completed by shareholders expect that the objective of Hawk is to combine several metals and plastics fabrication businesses under a single operating company under GLER.
Hawk Manufacturing is a privately held corporation looking to complete a roll-up of the plastics and metals manufacturing industries. The objective of Hawk is to combine several metals and plastics fabrication businesses under a single operating company.
3. Expected revenues and profits from Sept. 9/13 PR and Sept. 27/13 PR for Trump : Hawk Manufacturing merging into GLER will bring an estimated $47 million in revenues and $4 - 8 million annual EBITA.
Based on this information, stervc calculated a pps valuation of 0.055.
These revenues and profits will be mainly generated from the following acquisitions/contracts by Hawk before merging 100% into GLER:
i) Eagle Ford Shale: A 400 mile long and 50 mile wide gas and oil producing site that stretches across south Texas from the Mexican border all the way up to east Texas.
ii) Permian Basin: An oil-and-gas-producing area located in West Texas and the adjoining area of southeastern New Mexico that covers an area approximately 250 miles wide and 300 miles long.
iii) Industrial Food Distribution: HAWK is working to acquire a company that makes products for industrial food distribution.
iv) Defence Contracts: 23 Government Defense Contracts obtained so far by Hawk.
4. Share Structure: O/S is 528 million (1.07 billion derived from PR by stervc - see link below), restricted shares are 280 million, float is 230 million.
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