GLER Reverse Merger ALL IN ONE DD, with Mack Frank
Post# of 45
GLER Reverse Merger ALL IN ONE DD, with Mack Frankel taking over! Purchased GLER for $2 Million dollars! Closing date is May 25th!
Item 1.01.
Entry into a Material Definitive Agreement.
On April 22, 2013, the registrant executed a Securities Purchase Agreement (the “Agreement”) with Meier (Mack)Frankel (the “Buyer”).
1.Purchase and Sale of the Common Stock .
(a)Common Stock . Subject to the satisfaction (or waiver) of the conditions set forth in the Agreement, the registrant shall issue and sell to the Buyer, and the Buyer agrees to purchase from the registrant at the Closing (as defined below) an amount of the Common Stock so that following the purchase, the Buyer shall own 90 percent of the issued and outstanding shares of the Common Stock.
(b)Closing . The closing (the “Closing”) of the purchase of the Common Stock by the Buyer shall occur at the offices of Norman T. Reynolds Law Firm, 3262 Westheimer Road, Suite 234, Houston, Texas 77098. The Closing shall be on May 15, 2013, at 2:00 p.m., Houston, Texas Time......
(c)Purchase Price and Delivery of the Common Stock . The aggregate purchase price for the Common Stock to be purchased by the Buyer (the “Purchase Price”) shall be $2,000,000 which shall be paid by the Buyer as follows....... http://www.otcmarkets.com/edgar/GetFilingHtml...ID=9242600
GLER is an OTC QB Stock:
8K is out, which is why GLER has caught everyone's attention! : http://www.otcmarkets.com/edgar/GetFilingHtml...ID=9242600
All filings are current and up to date! : http://www.otcmarkets.com/stock/GLER/filings
Share Structure according to latest 10Q: At April 11, 2013, the registrant had 497,958,182 shares issued and 497,958,162 shares outstanding of common stock.
Current A/S is 800,000,000(before the R/M) according to Nevada Secretary of State:
http://nvsos.gov/sosentitysearch/corpActions....RGY%2c+INC .
Here is a great post explaining how this Reverse Merger will work with the terms involved, including an increase in the A/S.
http://finance.yahoo.com/news/global-earth-en...00200.html
Here is some DD on Town & Country Commercial Reality
http://www.tncconline.com/
http://www.loopnet.com/New-York/Spring-Valley...e-brokers/
http://www.loopnet.com/profile/12038354781/Mack-Frankel/
We arrange deals as well as buy/sell for our own account.
Currently interested in locating owners and wholesalers of
hotels/motels in major population centers, especially Florida
Work Experience:
over 18 years
Website:
www.tncconline.com
Consider the possibility. I have two "bios" on Mr Frankel from two PR's. The latter PR says that Mack Frankel is the owner of a Private Company called Mainline Land Co LLC. The first source says "owner" only. Also, he is the owner of Town & Country Commercial Reality. Now if he puts either of his own Private Businesses into this shell we call Global Earth Energy Inc (GLER) then this is going to skyrocket IMO!
http://www.reoindustrydirectory.com/profile/13417
http://finance.yahoo.com/news/global-earth-en...00200.html
Mack Frankel has been the owner of Town & Country Commercial Realty for the last 15 years located in Spring Valley, New York. Additionally Mr. Frankel is the owner of Mainline Land Co. LLC, located in Spring Valley, New York. Mainline Land Co. LLC has assembled a combination of income-producing assets worth $37.45 million mainly comprised of an, equipment-finance leasing company, an office building, an apartment complex, and an executive car service company, respectively located in, Clarks Summit, Pennsylvania; Lynbrook, New York; Bronx, New York; and, Long Island City, New York.
And here is "bio" #2 from another PR I found from last year on Frankel:
http://finance.yahoo.com/news/sino-cement-inc...00077.html
Mr. Frankel, holds a Doctorate Degree from NYU, and has been the owner of, Town & Country Commercial, Inc., for the last 7 years located in, Spring Valley, NY. Additionally, Mr. Frankel, is the owner of, Mainline Land Co. LLC., A, private industrial holding company, "Mainline Land Co. LLC.,", arranged an amalgamation of assets through market strategies, and deal-structuring negotiation totaling: $96.8 million, mainly comprised of, several large real estate holdings in the New York City metropolitan area, and a New Jersey-based, equipment-finance leasing company.
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