Recent News
Global Resource Corp.'s Chairman Frank Pringle Interviewed on Network Television by Anchor Neil Cavuto, Fox Business News
WEST BERLIN, N.J.--(BUSINESS WIRE)--Global Resource Corp. (OTC: GBRC - News), a developer of a patent-pending
microwave technology and machinery for extracting oil and gas, announced
today that the Fox Business News Anchor Neil Cavuto interviewed Global
Resource Corp
’s Chairman Frank Pringle, on its
prime time news show, Friday, June 20 6pm.
In the interview, Pringle, responding to Cavuto’s
questions, explained that Global Resource’s
microwave technology converts oil from shale and tires and makes heavy
oil light enough to flow through the pipeline into the refinery.
Cavuto asked how many tires it takes to produce usable fuel, to which
Pringle responded, “We get 1.2 gallons of
diesel oil from each 14- inch tire.”
The Fox Business News interview can be viewed by going to the home page
of Global Resource Corp., www.globalresourcecorp.com,
and clicking on the link.
The network interview is the most recent recognition of Global Resource
Corp.’s groundbreaking microwave technology
for producing usable fuels in an emission-free process.
In a report created in June that was released July 17, the U.S.
Department of Energy profiled Global Resource and its microwave
technology for oil shale recovery as a help in making the U.S. energy
independent.
In addition, Popular Science Magazine selected Chairman Frank Pringle as
a “Green Tech Innovator”
and General Resource Corp.’s microwave
technology as one of its “Best of What’s
New ’07.”
Time Magazine also selected the company’s
microwave technology as one of the “Best
Inventions of the Year” because of its
ability to “pull fuel out of shale rock,
tires and even plastic bottles.” In its
annual round up of “Best Inventions of the
Year,” Time Magazine selected 46 inventions
in 12 categories, from Cars & Buses to Health. Global Resource’s
microwave technology is included in the environment category.
About Global Resource Corp.
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, 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: www.globalresourcecorp.com.
Forward-Looking Statements
This news release contains forward-looking statements regarding Global
Resource Corp.'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.
