GBRC Global Resource Corp

[mickymoose99]

Global Resource Corp. Announces New Chairman of the Board and New Chief Executive Officer


Brian Ettinger Named Chairman and Ken Kinsella Named Chief Executive Officer

MOUNT LAUREL, NJ, Nov 12, 2009 (MARKETWIRE via COMTEX) -- Global Resource Corp. (PINKSHEETS: GBRC), a developer of a patent-pending microwave technology and machinery for extracting oil and gas, announced today that Mr. Ken Kinsella will become the Chief Executive Officer effective immediately. In addition, Mr. Brian Ettinger has been appointed as the new Chairman of the Board of Directors.
Mr. Kinsella has extensive senior executive experience in the operations and management of several top organizations including both private and publicly listed NASDAQ companies. His wealth of experience is global and he has conducted business in countries outside the U.S. such as the UK, Japan, Korea, India, Australia, Greater China and throughout Continental Europe.

Most recently he was a Founding Partner in Tribe Equity, a provider of capital and corporate growth strategies to rapidly growing small and medium businesses. Prior to Tribe Equity he was the CEO of Invicta Investments Limited, an organization that specialized in the construction of transactions including international property, energy, renewables and corporate equity deals in the U.S. and Europe. Throughout his career he has been responsible for global business rollouts and strategic expansion including mergers and acquisitions, joint venture execution and strategic alliance partnerships.

"I'm excited to join Global Resource and offer my experience and knowledge of bringing new technologies to commercialization," said Mr. Kinsella. "The Board of Directors believes that the technology represents a paradigm shift in the energy industry and my goal is to quickly and effectively commercialize our proprietary solution for various applications. The continued focus of our team will be on the monetization of this ground-breaking technology and Global Resource has taken major strides toward the beginning stages of commercialization. I look forward to working with the team at Global and providing important shareholder updates as we reach key milestones."

Mr. Ettinger, a consultant to Global Resource since 2008, currently serves as the CEO and General Counsel for 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. He has also served as an independent consultant to Nuclear Solutions, Inc., a firm that developed technology that takes waste coal and converts to diesel fuel. While at Nuclear Solutions he assisted the company in obtaining grants and entered into a contract to develop this technology under Shaw Energy Group.

In addition, Mr. Ettinger is the founder of The Law Office of Brian Ettinger. The law firm concentrates on a general practice emphasizing Civil Litigation, Business Litigation, International Business Contracts and Negotiations including Energy Related Industries, International Lobbying Services and represents domestic and international clients in the energy, oil and gas development, exploration, drilling and pipeline products and/or natural gas development, power distribution, power purchase agreements, and coal producing pollution reduction.

"I look forward to being the Chairman of the Board as we move toward commercializing our technology in 2010," commented Mr. Ettinger. "The Board is pleased with the recent licensing agreement and sale of a 1-ton prototype unit to Universal Alternative Fuels for the use in oil shale and we believe Mr. Kinsella has the experience and relationships to deliver additional contracts. Global Resource is at a crucial inflection point of fully commercializing our technology and we felt strongly about bringing in a CEO with Mr. Kinsella's credentials. It is an essential step to driving value for our shareholders."

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:

[mickymoose99]

GBRC

Heres one worth looking into , good opportunity thats under the bullish line 37.60

The open yesterday @ 0.82

The high @0.90

Last trade @0.83

Worth keeping an eye on it

[mickymoose99]

--------------------------------------------------------------------------------

Global Resource Corp., (GBRC), is a developer of a patent-pending microwave technology and machinery that extracts oil and petroleum products from shale deposits, tar sands, 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. The process takes place in a vacuum environment that is emission-free, efficient and cost-effective tool for cleaning environmental wastes and toxic materials.

Share Statistics:

Outstanding:
53.3mm
Float
17.4mm


Important Company Highlights

Investment Highlights

[mickymoose99]

GBRC

+8.43%

RSI Line turn around and is heading upwards @46.39

looking good

[johnsis80]

BUSINESS SUMMARY

Global Resource Corporation, a development stage company, engages in the design, manufacture, and sale of machinery and equipment units for decomposing petroleum-based materials in the United States. The company’s applications cover its microwave technology for recovering hydrocarbons and fossil fuels from sources, such as tires, oil shale, capped wells, coal, automotive shredded residue, municipal solid waste, shale deposits, and waste oil streams. Its microwave technology has applications in the reduction of hydrocarbons in drilling cuttings to permit on-site disposal; the volatilization of heavy or slurry oil; the recovery of oil from oil shale and oil sands; and the medical applications. Global Resource Corporation was founded in 2002 and is headquartered in Mount Laurel, New Jersey.

[stocksamongus]

thanks for the news. love this company. the enviormentally friendly approach is what caught my eye. good luck too all that go in, should do WELL imo!

[RAZOR11]

HEY ALL KEEP AN EYE ON GBRC!! IM HEARIING RUMORS OF NEWS COMEING AFTER THE CLOSE TODAY!! IMO THIS STOCK IS GOING TO HAVE AN AWESOME RUN TMW AND IT IS A GOOD TIME TO GET IN ON THE DIP!! THIS COMPANY IS USEING MIROWAVE TECHNOLOGY TO EXTRACT OIL FROM A VARIETY OF THINGS. IMO THIS COMAPANY WILL HAVE GREAT PRICE APPRECATION AND THE CHARTS ARE STARTING TO SHAPE UP TODAY!! DONT MISS OUT ON THIS ONE!!!!

ALSO KEEP ON UR RADAR WDAS, BLAP,BOCL,WFSV, AND GTLA !!!

[cleare39]

GBRC.. Wow this is some good news!!! This company has produced an environmental safe way to recycle tires through extracting diesel fuel, butane, propane from them

[fordf250]

Global Resource Corporation Secures $10 Million Financing Commitment
Press Release
Source: Global Resource Corporation
On 8:30 am EST, Friday November 20, 2009
Buzz up! 0 Print
Companies:Global Resource Corp.
MOUNT LAUREL, NJ--(Marketwire - 11/20/09) - Global Resource Corp. (Pinksheets:GBRC - News), 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.

Related Quotes
Symbol Price Change
GBRC.PK 0.88 0.00


{"s" : "gbrc.pk","k" : "c10,l10,p20,t10","o" : "","j" : ""} 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 - News) 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:

Forward-Looking Statements

This news release contains forward-looking statements regarding Global Resource Corporation's business strategies and future plans of operations. Forward-looking statements involve known and unknown risks and uncertainties. The forward-looking statements contained in this news release speak only as of the date hereof and Global Resource disclaims any obligation to provide public updates, revisions or amendments to any forward-looking statements made herein to reflect changes in Global Resource's expectations or future events.

[stocksamongus]

been talking about this play since last week...looks hot IMO! i've been to other sites and it's just being brought up all over the place

[trading_guy]

Thank you so much for that great news.That is great that they have reached a agreement for $10 million commmon stock agreement with AGS Capital Group, a New York based institutional investor. Look for price increases throughtout the day. I think this stock is gonna do extremly well today imo.......

[mickymoose99]

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 run with the news and have a BIG DAY

[johnsis80]

Chart looks strong RSI headind north!!! CHECK IT OUT!!!

[cleare39]

GBRC.. Global Resource Corp.

The newest PR is awesome!!!
They announced today that they have entered into a $10 million common stock purchase agreement with AGS Capital Group, a New York based institutional investor!!!!
IMO, this is huge for this stock!!
As of now the chart is headed north!!!
Happy trading to all those who decicde to go this route!!
IMO, this is a great pick!!
also keep an eye on CAVR,WDAS,DRGZ,BOCl they just might have a good run today also..

[RAZOR11]

STOCK IS TRADEING WITH GOOD VOLUME LOOKING TO SEE THIS PRICE GAP UP THEN LET SEE SOME PRICE APPRECATION. IMO THIS ONE SHOULD TAKE OFF AT THE EOD AND NEXT WEEK LOTS OF PRICE APPRECATION!!!

[mickymoose99]

------
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

[mickymoose99]

Global Resource Corporation Provides Shareholder Update

MOUNT LAUREL, NJ, Nov 24, 2009 (MARKETWIRE via COMTEX) -- Global Resource Corp. (PINKSHEETS: GBRC), 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 .

About Global Resource Corporation

Global Resource Corp., (GBRC), is a developer of a patent microwave technology and machinery to extract 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:

[zztopstock]

GBRC's basic share count has increased by 10.3M... This move is like finding fresh water after wondering the desert w/o a drop of liquid for days, O-So-Satisfying!
________

[johnsis80]

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

[Chuck.W]

Global Resource Corporation Conference Call Information and Reminder
Press Release
Source: Global Resource Corp.
On 8:30 am EST, Monday November 30, 2009
MOUNT LAUREL, NJ--(Marketwire - 11/30/09) - Global Resource Corp. (Pinksheets:GBRC - News), a developer of a patent-pending microwave technology and machinery for extracting oil and gas, will host a conference call on December 1st to provide a shareholder update.

Global Resource Corporation will host a shareholder update and third quarter conference call to discuss the Company's key milestones to date. The conference call will take place on December 1, 2009 at 8:30 am (EST). If calling within the United States please dial 1-877-941-4775 or if calling internationally, please dial 1-480-629-9761 approximately 5 to 10 minutes prior to 8:30 am (EST) start time. Participants should ask for the "Global Resource Shareholder Update and Third Quarter Financial Results Call." There will be a playback available until December 16, 2009. To listen to the playback, please call 1-800-406-7325 if calling within the United States or 1-303-590-3030 if calling internationally. Please use the pass code 4187445 for replay.

A live audio webcast of the conference call will also be available at: .

About Global Resource Corp.

Global Resource Corp. (Pinksheets:GBRC - News) 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: .