Global Resource Corp (fka GBRC)

[Hardball88]

In order to sell one of their machines, GRC will have to bribe any prospective buyer. They do not have enough funds available to do this and at the same time pay inflated salaries to management.

GRC management is basically reduced to relying on Hawk to hype their stock and keep the price up until the next pipe funding.

At some point in the near future, even the day traders will move on to a more crdible company.

As you can see from the Yahoo FB post below, even Hawk is running out of ideas on pumping GRC. He is reverting to the idea, already discredited by GRC management, that they can process in situ unconventional oil.

The only oil being successfully processed at GRC is snake oil. At some point, Greenpeace will protest in front of GRC headquarters claiming that GRC is decimating the snake population of New Jersey:


Re: New Administration to the rescue 29-Nov-08 11:16 pm
Wasted post. GRC has already indicated it is going for the lowly tire-to-energy application. Based on the discussion here, in situ application for sands and old wells is a far off proposition. What's your point Hawk? Pump?

I hope for any good news that the economical application of this technology will reap rewards. But remember all, that we are in a foot race against cash burn and a potential revenue stream. If burn wins, we lose. IMHO, I expect to see more private PIPES placed with more dilution to keep this management paid, but I'm hopeful that someday we will see a payday. Someday.