BUSINESS SUMMARY
Global Resource Corporation, a development stage company, engages in the design, manufacture, and sale of machinery and equipment units for decomposing petroleum-based materials in the United States. The companys applications cover its microwave technology for recovering hydrocarbons and fossil fuels from sources, such as tires, oil shale, capped wells, coal, automotive shredded residue, municipal solid waste, shale deposits, and waste oil streams. Its microwave technology has applications in the reduction of hydrocarbons in drilling cuttings to permit on-site disposal; the volatilization of heavy or slurry oil; the recovery of oil from oil shale and oil sands; and the medical applications. Global Resource Corporation was founded in 2002 and is headquartered in Mount Laurel, New Jersey.