Global Earth Energy (OTC: GLER) is The Dean’s School Yard Stock Pick

July 28th, 2010 at 12:00 pm Posted by The Dean

Before The Dean teaches all of his students about his newest School Yard Stock Pick, he wants to remind everyone about the school yard gang in the order of appearance in The Classroom:

IAHL on 4/22 at $0.16, moved to $0.27 for 68%
EVSI on 5/7 at $0.57, moved to a high of $0.66 for 15%
NTMG on 5/17 at $0.27, moved to $0.62 for 129%
AMCG on 5/17 at $0.14, moved to $0.22 for 57%
UGDM on 6/21 at $0.57, traded as high as $0.74 for 29%
SIGN on 7/2 at $0.50, has gradually moved down 20% (ouch!)

Despite SIGN not delivering, School Yard Stocks have made for an average gain of 46.33%!

Global Earth Energy (OTC: GLER) is a provider of renewable energy products and services in North America. Through its wholly owned subsidiary, RCI Solar, Inc., GLER sells complete turnkey renewable energy solutions including three core products: solar domestic hot water, solar photo voltaic (PV) Panels, and the AQUA III heating and cooling system.

GLER and RCI Solar, Inc. also provide a wide variety of fan convectors, solar storage tanks, controls, inverters, and ancillaries.

Yesterday, GLER announced RCI Solar, Inc. has received contract commitments totaling $3 million “in solar energy product sales from its dealership network for accelerated delivery in 2010.”

Additionally, Tuesday’s announcement tells us that RCI Solar, Inc. is on track to achieve record sales growth this year, utilizing a well-established dealership network that “provides the expert implementation, installation and maintenance” for all products sold.

In the first six months of 2010, GLER and their subsidiary have realized $3 million in contractual sales, and expect to generate revenues of approximately $8.5 million to $10 million this year.

Since Monday, GLER has moved from $0.037 to a high of $0.0645, gaining as much as 74%. Although there’s been some profit taking since yesterday’s high, GLER has traded as high as $0.06 today, up 20% from yesterday’s close of $0.05.