QualityStock's Smallcap Stock Clients - Global Resource Corp. (GBRC.PK)

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Global Resource is one of our highlighted companies this month. The company holds rights to a technology that has various applications to recover energy, such as oil and gas from waste materials. It has an exclusive license with Mobilestream Oil, Inc. for a family of technologies, which allow for the recycling of an automobile tire, as well as permit the economic recovery of oil from sources, such as shale, tar sands, oil resid, and existing oil wells.

 

In our client’s news today,

 

David DeClement will be joining Global Resource’s management team as the new executive Vice President. He will be providing the company with a background in environmental policy matters, engineering, and broad experience in pyrolysis, a process that decomposes materials through application of microwaves. His contacts will be a great asset to the company as he markets their technology for commercialization of various applications.

 

Frank Pringle, President and Chairman of Global Resource, stated, “David’s background in environmental engineering, bulk commodities transporting and solid waste is the key to building on our business’s already successful application phase, He has 12 years experience as an environmental lawyer dealing with exactly the type of companies with which we look to partner. That, combined with his pyrolysis experience, is paramount to our success. With David DeClement on board, GRC now has substantially enhanced its corporate structure.”

 

His last job responsibility included representing the interests of the solid waste industry as an attorney. He also has leadership experience as he worked for Polyvac as the company’s president.

 

David DeClement commented, “GRC’s extraction technology is at the forefront of the changing face of energy in the United States. This technology gives our country the opportunity to turn old tires, car interiors, and other waste matter into alternative energy resources. I couldn’t turn down the opportunity to become involved in this exciting endeavor that has an immediate impact on our environment and gives our country greater energy independence.”

 

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