Shareholder Letter Warrant Letter 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 Proven patent-pending technology to recover energy economically from a variety of untapped sources. Successfully completed Phase 2 testing of the Patriot 1, preparing for large scale demonstration to potential customers. Restructured management team to accelerate time to commercialization Recognized by the United States Department of Energy as a Company that may one day make available hundreds of years of oil from shale and tar sands, based upon the current burn rate of the United States. Entered a joint cooperation relationship with Ingersoll Production Systems (IPS). IPS agreed to manufacture energy production systems at its assembly plants. $5 million in cash on the balance sheet, sufficient to continue operations for a 12 month period.
Highlight, Applications & Benefits Extracting energy from oil shale and tar sands: GRBC process is superior to current technology for extracting oil and gas from oil shale and tar sands because it extracts more oil, uses less energy and no water and is environmentally friendly. Extracting hydrocarbons from coal: Low-cost method for extracting gas, oil while producing a value add coke from bituminous coal. Recovering oil drilling fluids: GBRC machine recovers drilling fluids (diesel or synthetic fuel) from mud used in well drilling. Recycles costly drilling fluids and cleans drilling mud, saving disposal costs. Cleaning up toxic and solid wastes: Decontaminates sludge found in harbors and river bottoms, such as PCBs, herbicides and pesticides. Produces energy and saves cost of waste removal. Recycling tires and automotive residue: GBRC machine extracts oil, gas and carbon from tires, plastics of stripped cars, disposing of these toxic materials while producing marketable supplies of energy and other byproducts. Payback from ten-ton recycling machine takes 12-18 months. Corn bi-products: GBRC microwave technology has the ability to produce an estimated 3,000 Btu's of energy per cubic foot of corn. Approximately 6,000 cubic feet per ton of corn.
| Company InformationGlobal Resource Corporation
Atrium One Building, Suite 100
Mount Laurel, NJ 08054 CEO: Eric Swain Issue Type: Public(PinkSheets) Investor Relations ContactAlliance Advisors, LLC.
Alan Sheinwald
56 June Road, Suite 201
North Salem, NY 10560
Phone: (914) 669-0222
Fax: (914) 669-0220
E-mail: asheinwald@allianceadvisors.net Non U.S Citizens Contact United Capital Group Ltd.
Paul Gilgallon
Phone: 1-268-562-3121
Fax: 1-268-562-3123
Email
ceo@unitedcapitalgroup.com
Management TeamEric Swain
CEO Jeff Kimberly
President Jeff Andrews
CFO Sales & MarketingBill Kalp
Director of Marketing Jay Gill
Senior Sales Account Manager Accounting Diane Rudderow
Accounting |
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