Mobilestream Oil Inc. (fka MSRM)

[rinvino]

Honestly, I was expecting a sell-off of GBRC shares to the 2.75 range due to these warrants. I figured that MSRM is probably worth about 38-40c (=2.75/7.143) and if you look back that's exactly what the turning point was for the MSRM run-up.

Unfortunately I didn't participate in the sell-off. My gut feeling tells me that they will get this conversion done and that GBRC has a good chance to set up the tire business. I am in at 8c and I won't sell until I see 40c again.

Once all these warrants are converted I expect another up move of GBRC. The high oil price and domestic pressures to become oil-independent will help GBRC from a speculative standpoint.

After the negative press GBRC got from an analyst they have been much more forthcoming with replying to e-mails, etc. I truly believe that they are trying to make this work and hopefully there will be some reward for us down the line.

Good luck!!