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Penny Stock Forum Penny Stocks are low-priced issues, often highly speculative, selling at less than $5 a share. Penny Stocks are traded on pink sheets and the OTCBB

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  #1  
Old 11-30-2009, 11:45 AM
paul3963 paul3963 is offline
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Default GBRC Global Resource Corp. (PINK Stock)

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: Global Resource Corporation :: Overview.

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: Global Resource Corporation :: Overview.
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  #2  
Old 12-01-2009, 10:18 AM
stocknroll stocknroll is offline
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Default Re: GBRC Global Resource Corp. (PINK Stock)

Global Resource Corp is out with more news today on their recently issued patent by the United States Patent and Trademark Office! This technology GBRC is producing plays a core role as the Companys first product!! "The Patriot 2" Tire-to-Fuel Recycling System is, and will prove to be, groundbreaking. Its efficient microwave-based technologies is perfect for recycling tires, upgrading petroleum products, and converting similar materials to a higher value hydrocarbon-based fuel. This success provides further potential for future applications. Currently GBRC is still holding interest in the equity, its at a solid support of 80 & indicators on the charts are showing bullish trends!!!
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  #3  
Old 03-12-2010, 09:42 AM
stocksamongus stocksamongus is offline
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Default Re: GBRC Global Resource Corp. (PINK Stock)

GBRC closed @ 52 wk low yesterday @.30 w/ high volume surpassing 10D MA Volume 209,809 10D Ave Vol 131,328. Volume indications lead me to beleive we could see some PR here that could help GBRC turn into a tremendous bounce play, no where to go but up here traders, stay alert!
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  #4  
Old 03-12-2010, 10:40 AM
PENNYMASTER PENNYMASTER is offline
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Default Re: GBRC Global Resource Corp. (PINK Stock)

GBRC, This is a stock to watch for this to bounce back today. I have been hearing alot of chatter about this stock for the past couple of days.I have traded this company in the past and have seen great gains from it. I am currently not holding this company right now, but I am going to try to free up some funds so I can take another position today. good luck to you all and I hope all your stocks stay in the green!!
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  #5  
Old 03-15-2010, 07:25 PM
stocksamongus stocksamongus is offline
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Default Re: GBRC Global Resource Corp. (PINK Stock)

HUGE NEWS FOR GBRC!!!


Form 8-K for GLOBAL RESOURCE CORP


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

15-Mar-2010

Entry into a Material Definitive Agreement, Material Modification to Rights



Item 1.01. Entry into a Material Definitive Agreement.
The Board of Directors (the "Board") of Global Resource Corporation (the "Company") declared a dividend, payable to stockholders of record on March 11, 2010 (the "Record Date"), of one right (a "Right") per each share of outstanding Common Stock of the Company, par value $0.001 per share ("Common Stock"), to purchase 1/1,000th of a share of Series I Preferred Stock, par value $0.001 per share, of the Company (the "Preferred Stock"), at a price of $100.00 per share (such amount, as may be adjusted from time to time as provided in the Rights Agreement, the "Purchase Price"). In connection therewith, the Company entered into a Rights Agreement, dated March 11, 2010 (as the same may be amended from time to time, the "Rights Agreement") with Olde Monmouth Stock Transfer Co., Inc., as Rights Agent (the "Rights Agent").

The following summary of the Rights Agreement is a general description only and is qualified in its entirety by the full text of the Rights Agreement which is attached as Exhibit 4.1 hereto and incorporated by reference herein.

Effectiveness. The Rights Agreement became effective on March 11, 2010 (the "Effective Date"). Upon and following the Effective Date, Rights will be issued in respect of all outstanding shares of Common Stock on the Record Date, and for all shares of Common Stock issued after the Record Date and, subject to the next sentence, prior to the earliest of the Distribution Date (as defined below), the redemption of the Rights or the Expiration Date (as defined below). Rights may be distributed with respect to shares of Common Stock issued after the Distribution Date only in certain limited circumstances as described in the Rights Agreement (such as the issuance of Common Stock pursuant to stock options, employee compensation or benefit plans and convertible securities).

Term. The Rights will expire on the third anniversary of the date the Rights Agreement is entered into (the "Expiration Date"), unless earlier redeemed or canceled by the Company as provided below.

Exercisability. Initially, the Rights will not be exercisable. The Rights will become exercisable upon the earlier of the following dates (such date, the "Distribution Date"):

� such date the Company learns that a person or group (including any affiliates or associate of such person or group) has acquired, or obtained the right to acquire, beneficial ownership (as defined in the Rights Agreement) of more than 20% of the outstanding Common Stock of the Company (or, in the case of any person with beneficial ownership of more than 20% at the time the Rights Agreement is entered into, any additional Common Stock is acquired by such person (except upon exercise of certain stock options or vesting of restricted shares)) (any person or group specified in the foregoing bullet point, an "Acquiring Person"); and

� such date, if any, as may be designated by the Board following the commencement of, or first public disclosure of an intention to commence, a tender or exchange offer for outstanding Common Stock which could result in a person or group becoming the beneficial owner of more than 20% of the outstanding Common Stock of the Company.

Rights Certificates and Detachability. Prior to the Distribution Date, the Rights will be represented by the certificates for shares of Common Stock, and the Rights will be transferable only with the related Common Stock certificates and will be automatically transferred with any transfer of the related Common Stock. After the Distribution Date, the Rights will "detach" from the Common Stock and will be separately transferable.



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

Terms of Preferred Stock. The terms of the Preferred Stock issuable upon exercise of the Rights are designed so that each 1/1,000th of a share of Preferred Stock is entitled to participate in dividends and other distributions on an equivalent basis with one whole share of the Common Stock of the Company. In addition, the Preferred Stock has certain minimum dividend and liquidation rights. The terms of the Preferred Stock do not include the right to vote.

Dilution Adjustments. The amount of Preferred Stock issuable upon exercise of the Rights is subject to adjustment by the Board in the event of any change in the Common Stock or Preferred Stock, whether by reason of stock dividends, stock splits, reclassifications, recapitalizations, mergers, consolidations, combinations or exchanges of securities, split-ups, split-offs, spin-offs, liquidations, other similar changes in capitalization, any distribution or issuance of assets, evidences of indebtedness or subscription rights, options or warrants to holders of Common Stock, Preferred Stock or otherwise.

The Flip-In Provision. Subject to future amendment of the Rights Agreement, at such time as any person or group becomes an Acquiring Person, the holder of each Right will thereafter have the right to receive, upon exercise of the Right and the payment of the Purchase Price, that number of 1/1,000ths of a share of Preferred Stock equal to the number of shares of Common Stock which at the time of the applicable triggering transaction would have a market value of twice the Purchase Price. However, any Rights that are or previously were beneficially owned by an Acquiring Person, on or after the Distribution Date, will become null and void and will not be subject to the "flip-in" provision.

The Flip-Over Provision. In the event the Company is acquired in a merger or other business combination by an Acquiring Person, or 50% or more of the Company's assets are sold to an Acquiring Person, each Right will entitle its holder to purchase common shares in the surviving entity at 50% of market price (subject to exceptions if the surviving entity does not have common shares registered under the Exchange Act of 1934, as further described in the Rights Agreements). As with the "flip-in" provision, any Rights that are or previously were beneficially owned by an Acquiring Person on or after the Distribution Date will become null and void.

Exchange. After any person or group becomes an Acquiring Person, the Board may elect to exchange each Right (other than Rights owned by an Acquiring Person) for consideration per Right consisting of one-half of the Preferred Stock (or fraction thereof) securities that would be issuable at such time upon the exercise of one Right pursuant to the terms of the Rights Agreement (or, under certain circumstances, an equivalent value in cash, shares of Common Stock or other securities).

Redemption. The Rights are redeemable by the Board at a redemption price of $0.00001 per Right (the "Redemption Price") any time prior to the earlier of (i) the Distribution Date and (ii) the Expiration Date. Immediately upon the action of the Board ordering the redemption of the Rights, and without any further . . .




Item 3.03. Material Modification to Rights of Security Holders
The information set forth under "Item 1.01. Entry into a Material Definitive Agreement" of this Current Report on Form 8-K is incorporated into this Item 3.03 by reference.





Item 5.02 Departure of Directors or Certain Officers; Election of Directors; Appointment of Certain Officers; Compensatory Arrangements of Certain Officers.
On March 9, 2010, each of General Lincoln Jones III and Mr. Fredrick Clark resigned from the Board of Directors of Global Resource Corporation (the "Company"). General Jones had been serving on the Corporate Governance Committee of the Board of Directors. Mr. Clark had been serving on the Compensation Committee of the Board of Directors. Effective March 10, 2010, the Company issued to General Jones, for services provided as a member of the Company's Board of Directors, (i) 60,000 shares of its Common Stock and (ii) Warrants to purchase 100,000 shares of its Common Stock at an exercise price of $0.45 per share and an expiration date of March 10, 2012. Effective March 10, 2010, the Company agreed to issue to Mr. Clark, for services provided as a member of the Company's Board of Directors, (i) 60,000 shares of its Common Stock and (ii) Warrants to purchase 50,000 shares of its Common Stock at an exercise price of $0.45 per share and an expiration date of March 10, 2012..

On March 9, 2010, the Board of Directors of the Company elected Mr. Paul Somerville and Mr. Edward Szofer to the Board of Directors. Compensation to be paid to Mr. Somerville and Mr. Szofer for services to be provided by them as members of the Board of Directors has not yet been determined but shall be consistent with that paid to other members of the Board of Directors. The Company has not since January 1, 2009 entered into, nor is there currently proposed, any transaction in which either Mr. Somerville or Mr. Szofer had or will have a direct or indirect material interest.





Item 9.01 Financial Statements and Exhibits
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  #6  
Old 03-16-2010, 08:21 AM
Chuck.W Chuck.W is offline
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Default Re: GBRC Global Resource Corp. (PINK Stock)

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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  #7  
Old 03-16-2010, 12:25 PM
PENNYMASTER PENNYMASTER is offline
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Default Re: GBRC Global Resource Corp. (PINK Stock)

Look for this to bounce back after lunch, I expect to see the flippers being knocked out!! The price apprecation will start tome come with the strong volume!!
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  #8  
Old 03-30-2010, 12:19 PM
PENNYMASTER PENNYMASTER is offline
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Default Re: GBRC Global Resource Corp. (PINK Stock)

GBRC, Came with some news today. Put this one on your watchlist for the next few days. I have been hearing some chatter about the stock and looking at the charts it has all the indications of exploding with some good news. My best guess is that we will see some before this conferance call since the latest news was a little vauge. Good luck to you all. Here is the latest news which has all the numbers for the calls and a website to listen to it also.



MOUNT LAUREL, NJ--(Marketwire - 03/30/10) - 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 that the Company will host a conference call on Tuesday, April 6, 2010 at 11:00 a.m. Eastern Daylight Time to discuss the Company's recent developments.


Conference Call Details

Date: Tuesday, April 6, 2010 Time: 11:00 a.m. (EDT) Dial-in Number: 1-877-941-2068 International Dial-in Number: 1-480-629-9712

Conference Call

If calling within the United States please dial 1-877-941-2068 or if calling internationally, please 1-480-629-9712 approximately 5 to 10 minutes prior to 11:00 a.m. (EDT) start time. Participants should ask for the Global Resources Shareholder Update conference call. There will be a playback available until April 13, 2010. 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 4275140 for replay.

A live audio webcast of the conference call will also be available at Global Resource Corporation :: Overview
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