Hawk Manufacturing, Inc. Announces the Acquisition of Global Earth Energy
January 22 2014 - 10:45AM
Hawk Manufacturing is announcing that Hawk Manufacturing and Global
Earth Energy (OTCQB:GLER) signed a definitive agreement in which
Hawk Manufacturing will acquire Global Earth Energy. The deal is
expected to close within the next 10 business days.
Under the proposed reverse merger, Hawk Manufacturing will
acquire a significant majority of the shares in Global Earth
Energy. All subsidiaries of Hawk Manufacturing and
Global Early Energy will be rolled into the "new"
entity. Global Earth Energy will move its headquarters to
Charleston, SC and will eventually trade as Hawk Manufacturing,
Inc., after FINRA's regulatory approvals for new symbol and Company
name.
The new senior management team will consist of the following
individuals:
- Stacey J. Ragsdale, President.
- John M. Ragsdale, CEO
- Carl Partridge, Chief Operating Officer
- Charles Kent Raley, Chief Commercial Officer (CCO)
- Mr. Robert G. Gillian, National Sales Director & VP of
Marketing.
This team brings over 140 years combined management
experiences.
Mr. Ragsdale has experience in managing organizations that have
dealt primarily in the technology field. Mr. Partridge has been CEO
and COO of a number of "Private Equity" backed entities. As
CCO, Mr. Raley will use his experience in running sales
organizations and customer-facing operations with companies like
Autozone to build teams that interact with our customers on a daily
basis. Finally, Mr. Gillian, working with Mr. Raley will build
sales teams and use marketing strategies he has learned from his
over 30 years of working with sales and marketing teams from
companies like Volkswagen, Volvo and General Motors.
John Ragsdale will be the new CEO, and stated, "We are excited
about this new direction for Hawk Manufacturing and look forward to
accelerating our growth plans. We appreciate the support
Global Earth Energy has given us during the initial stages of our
partnership and are excited to lead the Company into the
future."
Sydney Harland and Betty Harland will resign and retire from
their current positions but shall remain as Board of Directors of
the new entity.
Mr. Harland stated, "We are excited and pleased for the quality
of the new management team and where the Company is headed."
Mr. Harland is thanked for years of committed service to the
Company.
The new Company, Hawk Manufacturing, will continue to work
closely with its partners. The pending new management team will
continue to develop the assets of Global Earth Energy.
A new company website will be posted upon completion.
For more information about Global Earth Energy please contact
Rich Kaiser, YES INTERNATIONAL, Business Consultant,
757-306-6090.
For more information about Hawk Manufacturing, please contact
John M. Ragsdale, CEO, Hawk Manufacturing at 843-817-6106.
This 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
results, performance or expectations implied by forward-looking
statements.
CONTACT: Rich Kaiser
YES INTERNATIONAL
757-306-6090