Global Earth Energy, Inc. (OTCMKTS:GLER) Marks Record Volume, Rises from Triple-zero
Investors stocked up on Global Earth Energy, Inc. (OTCMKTS:GLER) as if it was the end of the world, although it was just April 26th, the end of a business week. Still, the ticker sold nearly 100 million shares, a record number, after it announced its latest financial results. GLER is also the latest ticker to come to the rising trend in energy exploration companies of various quality. Given that the company’s website is under construction, and that GLER only recently announced its strategy to buy up lucrative drilling plots, success is still not guaranteed. 
And there is the biggest trouble: GLER for a while was a triple-zero stock, which caused the extreme valley buying. On Friday, the extremely affordable ticker added 87.5% to $0.0015. 
It is almost immaterial to mention how well GLER is doing financially, since in the short term pure mood and seeking fast wealth will move this ticker. Still, it is good to see if the company could stick around in the longer term. Its latest financial filings reveal:
- Zero revenues
- $1.5 million quarterly net loss
- Zero cash and assets
- $5,059 current liabilities
It seems the company secured some financing- and now it stands as a burden, while it may take years to turn out good plot deals and energy revenues. Until then, a stock trading at a faction of a penny could go between spectacular and dismal in a very short time. Currently, GLER trades around it lowest prices, and in the past few months shows record volumes, inflamed by a paid promotion in mid-February.
In fact, the company may not even plan oil drilling in the future- just the accumulation of leases, in the hope that it would become a takeover target. It is unknown if this will materialize, but the expectations may keep GLER in the game a while longer.
The latest email from February 14th is from pumper Inside Bulls, one that our system shows to have a long and noisy record of past penny stock selections. The paid campaign for GLER was relatively small, costing a mere $3,500 for three emails. And it had the opposite effect- net selling dragged down the price 70%, and the ticker was saved by the company’s press releases becoming more active in April.
To see how a promotion could potentially cost you a large part of your investment, look at an older selection of Inside Bulls. Transfer Technology International, Corp. (OTCMKTS:TTIN) was last touted on April 4th, and it slid down more than 75% after the initial impact of the emails. So if you want to take part in a double-zero extravaganza, keep in mind that the potential gains do not mean your investment may not be wiped out in a very short time.
