Friday, April 5, 2013
GLER Alerted at $.0009 Just Hit $.0024
My alert from Tuesday just before the market opened.
News out today for the stock could send it higher. This is a fully reporting company that has been in a quiet down swing, meaning it has fallen on light volume. There does not appear to be many shares in circulation. This is a sub-penny stock so that could change and additional selling could send this stock to new lows, but I think it will turn around from here.
Today's news and the news from February should put a floor under the stock which is trading near all time lows.
I think we could see a bounce to $.002+ in the near term. Volume has been light but if the company turns around the stock should follow.
Global Earth Energy, Inc. (GLER) Announces Non-Binding Agreement With Proposed Prospective Appointment of New Director GlobeNewswire "Press Releases"
WILMINGTON, N.C. , April 3, 2013 (GLOBE NEWSWIRE) -- Global Earth Energy, Inc. (GLER.OTCQB).Mr. Sydney A. Harland , the President of Global Earth Energy is pleased to announce that Global Earth Energy, Inc. has entered into a non-binding agreement calling for the proposed prospective appointment of, Mr. Meier (Mack) Frankel to the Board of Directors of Global Earth Energy , Inc. Mr. Frankel is an accomplished real estate investor, acquisitor and financier.
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 .
Mr. Frankel's experience in commercial real estate financing and acquisitions will be invaluable to Global Earth Energy as it looks to broaden its corporate strategic direction.
For more information about Global Earth Energy please contact Mr. Sydney A. Harland or Mr. Meier (Mack) Frankel at 1-910-270-7749 and/or Rich Kaiser , Investor Relations, 757-306-6090,
This news release contains forward-looking statements which involve known and unknown risks, delays, and uncertainties not under the Company's control which may cause actual results, performance or achievements of the Company to be materially different from the results, performance or expectations implied by these forward-looking statements.
CONTACT: Rich Kaiser Investor Relations 757-306-6090
Source: Global Earth Energy, Inc.
Global Earth Energy Announces New Business Strategy
Securities Are Now DWAC/FAST Eligible With the Depository Trust Corporation
WILMINGTON, NC, Feb 14, 2013 (MARKETWIRE via COMTEX) -- Global Earth Energy Inc. (OTCQB: GLER) is pleased to announce a new extensive growth strategy centered around the acquisition of overriding royalty interest in oil and gas leases in the United States.
GLER will acquire leases from landowners with the objective of rolling up a multitude of leases covering several thousand acres. The Company believes this strategy will greatly enhance shareholder value. By amassing a large land package, GLER will be poised as an attractive takeover target for larger oil and gas companies.
In the coming weeks, target leases that demonstrate the greatest potential to increase shareholder value will be specified and further details announced.
On December 24, 2012, Global Earth Energy executed a Securities Purchase Agreement with Solar Power Utility Holdings Ltd. The Company has been informed by their principal that their financial institution requires further due diligence in order to complete the transaction, and GLER is currently working with them to supply the additional information they requested. The Company will keep its shareholders up to date on any new developments.
Global Earth Energy is also very pleased to announce that its shares are now DWAC/FAST Eligible with the Depository Trust Corporation.
"DTC eligibility is a critical step towards building shareholder value and attracting new investors who may have been restricted from our stock," said Sydney Harland, CEO of Global Earth Energy Inc. "Existing shareholders can now benefit from greater liquidity and execution speeds. We've overcome a significant obstacle in the path to growth for GLER."