Trump acquisition - Key benefits to GLER and Hawk:
1. The first acquisition of Trump is company that is ALREADY generating revenues and profits. This is pretty good for a sub-penny stock. The acquisition of Trump Equipment will add 48 full-time employees to Hawk Manufacturing, and also add more than $15 million in annual revenues and EBITA of more than $2 million to Hawk Manufacturing.
2. First acquisition in oil services and will form the basis of a new oil services company that will service shale and other oil fields from the Utica shale to the Permian, Eagle Ford shale of Texas and the shale oil finds in Colorado, Wyoming and North Dakota. HAWK completed this TEC transaction as an equity transaction valuing Trump Equipment at $9.5 million.
Strategic reason for this acquisition is to facilitate the upcoming oil field acquisitions where GLER will ensure that Trump is available to service the oil fieldwork operations (i.e. horizontal integration) through its San Antonio location.
3. Southern Field Maintenance (owned by Trump) has a lot of big name partners (i.e. John Deere - check out who was mentioned in the Sept. 9/13 PR - link below) that would not be partners if Southern was not worthy of the relationship. There are many unnoticed benefits of the Trump acquisition that will become evident once the acquisitions are completed and the synergistic benefits of the acquisitions under one company are realized.
Whether you need electric, LPG, diesel, cushion, pneumatic, or all terrain we have the forklifts for sale, rent or lease.
"Whether you need a truck overhauled, to rent a forklift, or you need to purchase a new bottom dump trailer, you have come to the right place".
"We offer courteous and efficient service and our business thrives on building solid relationships with our customers. We seek to offer full service, end to end solutions that ensure all needs are met to the utmost satisfaction."
"Trump Equipment Company utilizes only American made parts in all of their products and repair work. All of the materials are the highest quality available. "
5. Leading supplier of heavy trailers for the San Antonio region and the surrounding areas.
"We specialize in the sale and repair of vacuum trailers, used trailers, lowboys, and more. We are a full service company with an upstanding reputation for offering the best service at optimal prices."
"We have been in business for over two decades and during that time, we have sold thousands of trailers and completed thousands of service jobs. Our customers come to us time and again because we are a trusted name within the San Antonio community and we adhere to the highest standards within the industry."
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.
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.