Replies to post #50533 on Global Earth Energy Inc. (fka GLER)

[neophyte184]

Fantastic post as always Sterling. Your thoughts go in perfect conjunction with mine. Although I haven't been here long, after trading these kinds of stocks for years, one sees the patterns emerging, and this filing is another piece of the legitimacy puzzle for me as well.

I think you are spot on in terms of seeing the bigger picture, with the expectation that the impending news releases will clarify and consequently usher in a new phase for the company of growth and pps accretion.

I look forward to watching this process play out, and for those who are looking at the immediate reaction of this filing by the market place and its impact to the price, then do what you will. For me, it's what comes shortly thereafter that keeps me holding strong here.


GLTY!


Neo

[kayakzz]

Sterling:

The A/S is 2 billion shares and GLER only has about 150 million shares before they max out. Please tell us all what happens when a penny stock has no more shares left to help with liquidity.

I thank you in advance for an honest answer.

[02opida]

GM Stervc & Gler's Thank you

[lukin4winners]

Looks like a substantial decrease in expenses year over year and debt remains in control. Lest we forget this is a startup company and all we want to see is improvement and potential. We have that with GLER. At any time one of their subsidiaries can strike an upredicted payoff claim which would change things over night. Still cheap at this level for the future.

[MOMO]

agree stervc...holding and accumulating

[Sprycel]

Great, Great post. You always keep the emotions out of the trade and look at it from both angles. It really was a great 10K! Now for the reverse merger news!

[JPS02]

Excerpts from 10K Audit Opinion:

We have audited the accompanying consolidated balance sheets of Global Earth Energy, Inc. (A Development Stage Company) (the “Company”) as of August 31, 2013 and 2012, and the related consolidated statements of operations, stockholders' deficit and cash flows for the years then ended.

The consolidated financial statements for the period since re-entering the development stage (March 1, 2010) to August 31, 2010 were audited by other auditors whose report expressed an unqualified opinion on those statements.

We conducted our audits in accordance with standards of the Public Company Accounting Oversight Board (United States). Those standards require that we plan and perform the audits to obtain reasonable assurance about whether the financial statements are free of material misstatement.

In our opinion, the consolidated financial statements referred to above present fairly, in all material respects, the financial position of Global Earth Energy, Inc. (A Development Stage Company) as of August 31, 2013 and 2012, and the results of its operations and cash flows for the periods described above in conformity with accounting principles generally accepted in the United States of America.

M&K CPAS, PLLC
www.mkacpas.com
Houston, Texas
December 16, 2013

http://www.otcmarkets.com/edgar/GetFilingPdf?FilingID=9663441

Go GLER!

[kayakzz]

Sterling:

GLER isn't doing too well. Do you still rate it as a BUY or are you ready to admit that you got scammed?