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Author Topic: GBRC
mickymoose99
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Global Resource Corporation Secures $10 Million Financing Commitment

MOUNT LAUREL, NJ, Nov 20, 2009 (MARKETWIRE via COMTEX) -- Global Resource Corp. (PINKSHEETS: GBRC), a developer of patent-pending microwave technology and machinery for extracting oil and gas, announced today that it has entered into a $10 million common stock purchase agreement with AGS Capital Group, a New York based institutional investor.
Up to $10 million of Global Resource common stock may be sold from time to time over a 36-month period after the Securities and Exchange Commission has declared effective a registration statement related to the transaction. Global Resource will use the proceeds for working capital and will provide the company with the necessary capital for expansion requirements of commercializing the ground breaking microwave technology.

"Our management team is very excited to secure this funding from, a well-respected institutional investor with a strong record of investment," stated, Mr. Ken Kinsella, Chief Executive Officer of Global Resource Corp. "The new funding provides us with the working capital needed to commercialize our microwave technology and begin to further roll out our strategic vision of converting waste to energy utilizing various feedstocks. Our funding agreement provides us with financial stability as we continue to expand our global footprint and seek to secure new contracts with waste management and recycling firms."

About Global Resource Corporation

Global Resource Corp. (PINKSHEETS: GBRC) is a developer of a patent-pending microwave technology and machinery that extracts oil and petroleum products from shale deposits, tar sands, capped oil wells, bituminous coal and processed materials such as tires and plastics as well as dredged soil from harbors and river bottoms. Its process produces significantly greater yields and lower costs than are available using existing technologies. Because the process takes place in an enclosed environment it is emission-free and an efficient and cost-effective tool for cleaning environmental wastes and toxic materials. For more information see:

Posts: 141 | From: new jersey | Registered: Oct 2009  |  IP: Logged | Report this post to a Moderator
mickymoose99
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GBRC

+ 6.02 on the up tick

RSI LINE is @ 47.03 and approaching bullish

very nice curve upwards

i believe that GBRC is going to have a BIG DAY

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johnsis80
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Chart look strong RSI LINE heading north!!! CHECK IT OUT!!!http://stockcharts.com/h-sc/ui?s=GBRC&p=D&yr=0&mn=3&dy=0&id=p01313861188
Posts: 32 | From: red bank | Registered: Nov 2009  |  IP: Logged | Report this post to a Moderator
mickymoose99
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CAVR

The RSI Line @ 53.93

and its on a dip could be a great time

to reload , i believe there is a lot of potential

in CAVR . the days range is @ .30 -.55

and it has not meet that yet, but i believe it

will , keep an eye on it


Cavu Resources, Inc Is this your company?
Claim This Profile2533 N Carson St Ste 4116
Carson City, NV 89706

Phone: (775) 888-3174
Website: Information not found (?)


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Business Categories
Crude petroleum production in Carson City, NV
Crude Petroleum/Natural Gas Production, Crude Petroleum and Natural Gas Extraction


Cavu Resources, Inc Business Information
Claim This Profile
Cavu Resources, Inc is a private company categorized under Oil and Gas Producers and located in Carson City, NV. Our records show it was established in 1995 and incorporated in Nevada.

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mickymoose99
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------
GBRC

Having a great day +5.68% tick is up

almost at twice the ten day

RSI LINE @ 53.18 and rising

HIST GRAM starting to build

went as high @ 0.99

alot of promise here

keep an eye on it

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Chuck.w
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GBRC Global Resources Corp.

RSI 50.90 bullish
HOD 0.99

Great time to get in this stock before it reaches
1.00 and takes off. Possible news out after close today. Keep an eye out for this one as it will fly. IMO. Good luck to all!!!!

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johnsis80
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Global Resource Corporation Provides Shareholder Update
Press Release
Source: Global Resource Corp
On 8:00 am EST, Tuesday November 24, 2009
Companies:Global Resource Corp.
MOUNT LAUREL, NJ--(Marketwire - 11/24/09) - Global Resource Corp. (Pinksheets:GBRC - News), a development-stage company focused on energy-efficient microwave-based technologies for recycling tires, upgrading petroleum products and converting other materials to higher value hydrocarbon-based fuels or carbon materials, today provided a shareholder update and filed financial results for the third quarter ended September 30, 2009.

Key Shareholder Updates and Company Achievements:



-- In early 2009, the Company announced a licensing agreement with a
large oil services company for up to $600,000 for phase 1 to develop
applications for heavy oil.

-- In October 2009, Global Resource announced a licensing agreement with
Universal Alternative Fuels, Inc. ("UAF") worth $750,000 for coal and oil
shale. UAF purchased a prototype machine from Global Resource, for $3.5
million. The machine is a one-ton processing machine to be used with oil
shale.

-- The Company reported the Patriot PPS-TR prototype produced a high-
grade carbon black that has been independently verified by Akron Rubber
Development Laboratory, Inc. The tests indicate that the prototype system
can consistently produce a high-quality carbon black product. The quality
range of the carbon black produced is potentially suitable for multiple
applications, including tire treads for tires. The current global market
for consistent, high-grade carbon black ranges between $500 and up to
$2,500 per ton, depending on the precise quality of the byproduct and
market conditions.

-- Global Resource received a commitment of up to $10 million of equity
financing from an institutional investor. The company will use the
proceeds for working capital and will provide the company with the
necessary capital for expansion requirements of commercializing the
groundbreaking microwave technology.

-- Global Resource recently announced the appointment of a new CEO, Ken
Kinsella, and a new Chairman of the Board, Brian Ettinger. Mr. Kinsella
brings over 15 years of experience in operations and management of public
and private companies. He has been instrumental in the growth of a number
of companies worldwide, with experience in the US, the UK, Japan, Korea,
India, Australia and Asia.

Mr. Ettinger is the CEO of Worldwide Strategic Partners, Inc., an energy
consulting firm involved in domestic and international energy projects
involving oil and gas production, exploration, alternative fuels, waste to
energy, biofuels, power, and pipelines.


Mr. Ken Kinsella, CEO of Global resource commented, "Global Resource continues to move closer towards commercialization, as evidenced by our recent licensing deals and the first sale of a prototype machine. Our licensing agreements and recent financing commitment provide us with sufficient funds to capitalize on various business opportunities during 2010 in the waste to energy sector. The recent results regarding high-grade carbon black will allow purchasers of our technology to generate higher margin revenue, allowing for a faster rate of return on their investment. This discovery makes our technology even more appealing to waste management, recycling, oil and gas and energy firms around the world."

Financial Results for the Third Quarter Ended September 30, 2009:

The Company reported $90,000 in revenue for the third quarter ended September 30, 2009, compared to no revenue for the same period of 2008. Revenue recorded for the quarter was related to the Joint Development Agreement Global Resource signed on May 22, 2009 with a large oil services firm.

For the quarter ending September 30, 2009 the Company reported a net loss of $(3.8) million, or $(0.06) per share. An increase in operating expenses during the period ended September 30, 2009 was primarily attributable to share based compensation paid to consultants and relating to management turnover. The restructuring efforts are now complete as the Company moves towards full commercialization of the Patriot PPS TR.

As of September 30, 2009, the basic share count for the Company increased to 63.6 million from 53.3 million.

Shareholder Conference Call

Management will host a conference call with the investment community on Tuesday, December 1, 2009 at 8:30 a.m. Eastern Daylight Time. Interested parties may participate in the conference call by dialing 1-877-941-4775 or 1-480-629-9761 for international callers. Please call 5 to 10 minutes prior to 4:30 p.m. When prompted, ask for the "Global Resource Shareholder Update and Third Quarter Financial Results Call." A telephonic replay may be accessed approximately two hours after the call through December 8, 2009, by dialing 1-800-406-7325 or 1-303-590-3030 for international callers and entering the replay access code 4187445. The teleconference will be webcast simultaneously on the Global Resource website at

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johnsis80
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GBRC- Good time to buy in while stock is on a dip.
IMO this stock is going to take off!!!!
RSI LINE 46.06 MAC D running above signal line

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Chuck.w
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Global Resource Corporation Prepares for Future by Investing in Human Capital
The Company Announces Restructuring of Board Members and Selects Key Candidate for Chief Financial Officer


.Companies:Global Resource Corp..Press Release Source: Global Resource Corp. On Tuesday March 16, 2010, 8:00 am
MOUNT LAUREL, NJ--(Marketwire - 03/16/10) - -- Global Resource Corp. (Pinksheets:GBRC - News), a developer of patented energy-efficient microwave-based technologies for recycling tires, upgrading petroleum products and converting other materials to higher value hydrocarbon-based fuels or carbon materials, today announced the restructuring of the Board of Directors. By adding industry expertise to the board and management team, the company will be taking active steps to capitalize on its leadership role in the clean technology sector.

Mr. Edward V. Szofer and Mr. Paul Sommerville will join the Board of Directors effective immediately. Mr. Ken Kinsella, Chief Executive Officer of GBRC will also join the Board during the next 30 days pending a Board resolution. In addition to bolstering the Board of Directors with financial, technology, oil and gas expertise, the Company has identified Mr. Jeff Wittman as its prime candidate to become the company's next Chief Financial Officer.

"We are pleased with the caliber of our new board members who come to us from top leadership positions in the fields of technology and clean energy production," stated Mr. Brian Ettinger, Chairman of the Board of Directors for GBRC. "We believe that these changes represent a strong investment in human capital for the future growth of the company. We look forward to leveraging their knowledge and expertise in order to commercialize our technologies, improve our earnings and increase shareholder value. They will all be of significant value as GBRC executes on its continued strategy for commercialization."

Mr. Edward V. Szofer, has held various board positions of multi-national companies, both public and private. Using his vast experience he has guided these companies from start-ups to corporations with valuations of over $4.0 billion in market cap. Mr. Szofer has extensive experience in organizational growth, P&L responsibility and has managed companies with over 4,500 employees. His background also entails significant knowledge relating to mergers and acquisitions, as well as joint ventures and strategic alliance agreements. With nearly 30 years of industry knowledge and in-depth expertise in public markets, Mr. Szofer will provide guidance and insight to GNRC's management team in order to assist in the commercialization of its green technology.

Mr. Paul Sommervile has over 37 years of professional experience within construction and public company arenas. Prior to joining GBRC's Board of Directors, he served as Chief Executive Officer for Associated Pipe Line Contractors, Inc., an international builder and installer of commercial pipelines for the oil and gas industry. Throughout his career, he has gained extensive knowledge of highly sophisticated commercial grade construction projects in this sector.

As part of the Board of Directors restructuring process, Lincoln Jones III and Fred Clark have resigned due to personal reasons, effective immediately. Moving forward, the Company will continue to search for high quality industry experts to serve as quality members of the Board of Directors.

Mr. Ettinger continued, "We would like to thank all of the board members for their diligent efforts and support during their tenure serving the company. Their involvement marked an exciting time with significant milestones reached, most notably receiving a patent for the Patriot 1™ Tire-to-Fuel Oil Recycling System and the signing of major joint ventures, including Phoenix Renewable Energy, and the Global Heavy Oil JDA. On behalf of the entire management team and everyone at GBRC, I would like to wish them the best of luck with their future endeavors."

Mr. Jeff Wittman is a successful finance executive with over 20 years of experience and a strong background in financial management, mergers and acquisitions, start-ups, SEC reporting, financial planning and analysis, cost cutting initiatives, profit enhancements, and business operations. Mr. Wittman has built strong, sustainable companies in the U.S. and internationally. Based on his prior experience with public companies, he will focus on adding strict corporate governance and strong financial responsibility to GBRC.

"We are extremely pleased to welcome Mr. Wittman to our executive management team," said Mr. Ken Kinsella, CEO of GBRC. "He is a key component in the company's investment in human capital and strengthens our executive team based on his deep analytical, financial, and operational experience. He will be instrumental in assisting GBRC in executing on its commercialization strategy, securing additional joint ventures, and improving shareholder value."

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