Global Earth Energy, Inc. (OTCMKTS:GLER) Goes Higher

At several times this month, the stock of Global Eartch Energy, Inc. (OTCMKTS:GLER) has made serious bursts in price. The good news that these boosts lie on are still coming and GLER might soon be traded over 1 cent.

Yesterday we got some exciting news from the company, as they announced that the acquisition deal with Hawk Manufacturing, Inc. has been closed and GLER has delivered the common and preferred shares to the new company. We are also to expect a name and symbol change as soon as FINRA approves it.

There was some more optimistic news in another press release in the headlines section for GLER. The company also announced that Hawk Manufacturing has closed another acquisition. The acquired company is NQM, Inc. and is a manufacturer of metal components for the aerospace industry.

This led to another big jump in GLER‘s price and the company stock closed the session with a 54.55% gain, at $0.0034 on more than 2 times its average volume. A total of 240.7 million shares switched hands during the day and produced a devilish $666 dollar volume.

The second press release was filled with some amazing digits, which will surely help the company stock in the future (when we see the first financial report after the acquisition), considering the small market cap of $6.7 million that GLER has.

Still, there were many times when such deals were broken off even after they were closed, so be sure to thread lightly, do your due diligence and weigh out the risks if you have thoughts of going in before we see the financial state of the newly formed company.

Easton Pharmaceuticals, Inc. (OTCMKTS:EAPH) also made a huge jump yesterday, gaining 106% in price on a high volume. The shareholders of Solar3D, Inc. (OTCMKTS:SLTD) were not so fortunate yesterday, as the stock slid 24% down.