Last week I received an e-mail and a telephone call from a Mr. Brian W.Daily, senior advocate USSEC Legal Affairs Section. Washington telephone nr, but suspicious e-mail address (sec-legalaffairs@usa.com) telling me that the scammers who tried to take some more of our money buying our CRC and MSR shares for un upfront payment of a rather large sum to lift the restrictions.
The last one who tried this scam was operating from Japan. I have always informed the SEC of these efforts to scam us again.
Mr. Daily claims the crooks have been caught and the money in their Philippine bankaccounts frozen.
I'a waiting to see what the costs will be, to be payed upfront again off course.
Unless Mr Daily is really a SEC officer. I'am waiting for the SEC's reply.
I will keep you all informed about the progress.

Sorry to hear that bad news. You want to recover that $50k ? If you like renewable energy companies and a solid management team with no dirt on any members check out EWRL.

They are in JV with a big US company Northrop Grumman to develop a deployable gasification Unit.

Check the board out & check the chart out.

Good luck !!

JMHO.

I had/have stock in GBRC, now just a reminder, but what happened to the tech? It was a winner in Popular Science, it was in Time magazine..... were they all fooled by fake tech? I understand crooked corporate officers, but if the tech was real, what happened?????? I would like to think PopSci and Time had decent enough journalists with some science background to make a decent investigation into how real the tech was! Can anyone clue me in? I'm invested in a new company that seems to have great potential tech and is under a few microscopes but I still have that nagging worry in the back of my mind thanks to GBRC.

GBRC revoked:

http://www.sec.gov/litigation/admin/2014/34-71604.pdf

I agree and it seems like many people who were burned have just cut their loses and bagged ars but I'm in it to see it doesn't burn, an unsuspecting, anybody else.

Time that scumbag pringle was banged up then............lost me a lot of hard earned cash!!! gggrrrrrrrrrrr.

This is a truthful story about Frank Pringle and his many unsuccessful companies from Hawk Hogan:

A long time ago, before Frank Pringle learned how to swindle a static shell company into something else and take it public again, he started a company called PringCo, a company that provided a solution containing alum that you apply to your body and then wrap it with plastic stretchwrap to lose inches. The FDA shut it down when they discovered it was a lie and that it did not work as stated on the label. Frank escaped, with the money, leaving private investors holding the bag.

He learned how to go public though several unsuccessful ventures. Then started a longer term venture called Creative Recycling Technologies, Inc. From that many other companies within the same venture, Frank changed names, to and from constantly, that dealt in a failed glass recycling business that Frank eventually walked away from unsuccessfully leaving investors holding the bag, but successfully with money to start his next venture.

Then Frank formed an idea of a water ballast filler system that he attempted to sell to several packaging machinery companies that was not useful because of industry changes (base cup elimination) but he try it anyway knowing the system became obsolete.

Frank started and promoted several failed microwave technology companies that he kept changing the names to (CRC, Mobilestream, Global Resource, etc) to screw over investors both foreign (UK, a lot of them, and locally throughout the USA. Frank walked out, bailed and left several CEO's holding onto the technology and bag that was a known failure to anybody who became in-the-know.

There are many companies and many Frank Pringle forgot about but are still listed on the Internet but he is too computer illiterate to realize it stays there forever. Way too many to list here but NOT ONE (0) that's ever been a success and like this new company LIBE (with an old product) a continuing scam and it is/was doomed to fail leaving investors, again, holding the bag.

Good post.

Well I found Frank Pringle and he's back at it again trying to rip people off and this time at Liberated Energy Inc. (LIBE stock symbol) on ihub message board I posted:

I was watching the news about Kevin Trudeau and thought I haven't posted a thing today about Frank Pringle who I'm reminded has been equally successful with is lying and stealing investor money.

Just as a reminder he created PringCo, a company providing a solution that contained alum that you apply to your body and then wrap it with stretchwrap to lose inches. The FDA shut it down when they discovered it was a lie that it did not work as stated and Frank escaped with the money leaving investors holding the bag.

He started Creative Recycling Technologies, Inc and the many other companies within, that Frank changed names to and from, that dealt in a failed glass recycling business that Frank eventually walked away from leaving investors holding the bag.

Frank also formed an idea of a water ballast filler device that Frank attempted to sell to several packaging machinery companies that was not useful because of industry changes (base cup elimination) but he did try knowing it was obsolete.

Frank started and promoted several failed microwave technology companies, Frank kept changing the names to (CRC, Mobilestream, Global Resource, etc) to screw over investors both foreign (UK) and local. Left several CEO's, after Frank bailing out, holding onto a technology that was a known failure to anybody in the know.

There are many companies and many Frank Pringle forgot about but are still listed on the Internet but Frank is computer illiterate to realize it. Way too many to list here but NOT ONE that's ever been a success and like this new company scam it is doomed to fail leaving investors holding the bag but Frank will come out smelling like a rose.

10000 ???

Are you talking about Frank Pringle?
Looks like he has shown up on LIBE.

http://www.otcmarkets.com/edgar/GetFilingPdf?FilingID=9307961

Almost certainly a scam.Money will be required up front at some stage.Google SEC and check 'company' details.Meanwhile,see below for results of fraudsters trial. Genuine claimants may yet see some recompense.



On July 23, 2013, U.S. District Judge Mary Scriven imposed the following sentences: Paul Robert Gunter (64), 25 years in federal prison; Simon Andrew Odoni (56), 13 years, 4 months in federal prison; and Richard Sinclair Pope (55), 4 years, 9 months in federal prison for their respective roles in the investment fraud and money laundering scheme. In accordance with U.S. law, these individuals will serve at least 85% of their sentences (absent very special circumstances currently not present). The Judge also ordered all three to forfeit their interests in real property and bank accounts in the U.S. and abroad as well as personal property purchased with proceeds from the fraud scheme, and entered money judgments in excess of $137 million against Gunter and Odoni.



According to evidence and testimony presented at trial, from at least July 2004 through at least March 13, 2008, victim-investors wired more than $127 million to bank accounts controlled by Gunter in the Middle District of Florida. The defendants also bilked victim-investors out of another $10 million via a FOREX currency trading scheme. In lieu of a restitution order, the Judge granted the government’s request to use seized assets, which include approximately $5 million in U.S currency and a variety of real estate and personal property including an airplane, vessels, and vehicles, to help compensate victims for their losses through a process known as “remission”. The U.S., through the Asset Forfeiture and Money Laundering Section (AFMLS) and a claims administrator, will be contacting as many victims as possible regarding their investments in entities linked to the defendants. Remission of forfeited property to the victims will more efficiently and effectively serve the goal of victim restitution in this particular case. We reiterate our commitment to returning to fraud victims any property that is forfeited to the U.S., in accordance with applicable law. As the remission process moves forward, updates will be posted to this website.



Charges are still pending against the remaining defendant, Lawrence S. Hartman (a/k/a Larry Hartman) who was recently expelled and deported by Nicaraguan authorities. He is now in U.S. custody. Mr. Hartman is currently set for trial in September 2013.



Website link:



http://www.justice.gov/usao/flm/programs/vw/gunter/usvgunter_UPDATED.html

Hi can anyone advise me urgent,I have been approached by Tony Clark of Seth Cohen concerning concerning compensation from the msrm scam offering to by my shares,is this another scam? They haven't asked for any money as yet!

Gunter update

http://www.justice.gov/usao/flm/programs/vw/gunter/usvgunter_UPDATED.html

For anyone remaining with a long memory the Gunter et al trial is finally under way after multiple delays. The 'group' are accused of malpractice by the SEC in their 'set-up and dealings re Mobile Stream....one of GBRCs' 'acquisitions'.

http://www.justice.gov/usao/flm/programs/vw/gunter/usvgunter.html

Just doing a bit of research here and I think I see the next step. MWFH just did a forward split and will *cough* *cough* "Acquire" perpetual wind power.

Just my guess.

In case anyone hasn't figured it out already, GBRC no longer exists. No employees, no offices, no assets. This isn't something I figured out or heard. This is unargueable fact.

blast from the past:

Let's hope.

The whole thing was a contrived fairy tale that sucked us all in. It got me and I feel pretty stupid for supporting the technology. Karma lives and I am sure it will catch up to those who scam people.

Just letting you all know I'm still checking in on occasion.

Sorry Hawk
I am also European investor with US$50,000 in CRC originally, company changed name so many times and directors too. I have a string of emails from Global Resource Corp mngt promising converting certificates to GCR stock but now its dead.
No chance of getting any of our money back. Not the first time for me.......I guess the old addage that "a fool and his money are easily parted" holds true for me.

You are 100% correct.........I invested US$50,000 of my pension in CRC back in July 2003 CRC later became Global resource Corp after so many takeovers and changes in Directors. Website now blocked by SEC and stock certificates worthless.

Don't know why you would trouble selling. I bought in 2009 for about $1 and sold later that year for around $2. I've been watching every since. But I had no trouble selling.

Hey guys. I was an early investor in GBRC. I have been told on multiple occasions by Jeff (their ex-CFO) that I could not trade my shares. When the stock was $5 a share I asked to gift it to a charity in 2007 and still no ability was given to trade or even give the shares away.

I was also their at their office when I overheard them talking about calling professional ball players because they "had money and did not ask a lot of questions."

Now that it is .05 a share I just want to write it off as a total loss so I can get some benefit from it. I never received shares of the new concern "Mobile Stream" or whatever they are calling it these days.

Can anyone tell me how I can get some stock shares I can actually sell or reference? My stock in Carbon Recovery Corporatio cost me $1 a share and I had warrants as well.

I would also like to learn more about the legal action. It would be nice to see Management and the founder held accountable for their actions, or lack there of...

Recent update...

http://www.justice.gov/usao/flm/programs/vw/gunter/usvgunter.html

We can only hope.

Happens all the time on the pinks, maybe here. I'm only in at .10, I know many of you are in at several dollars, maybe one day it'll be back.

One can hope....

Well like shotei pointed out, this could always do a R/M one day and us have something.

Thanks Hawk. I have given up officially.

There is no new developments and there are some poor losers who want you to still be suckered into this POS.

Confirmed by IHUB

Check the ticker, gbrc, volume 200, last trade 3:48pm, price .0001, looking at it now

my TDA shows .35 cents

TDA still shows GBRC .0001

did they reverse split and change the symbol? i show .35 cents

How does it go up 350,000% with no volumne?

An new developments Hawk?

I'm sure they have a few million in liabilities but I've been sitting on a diamond mine for over a year that went under that has about 4 mil in liabilities and they just did a RM with a telecom company. And if nothing else look at gbrc chart they bounce from 0001 to 0003 and back several times in the last 3 months. Quick way to triple your money. Besides it's only money right?

Good logic regarding a clean shell, but I'm not sure that this is a clean shell. How many liabilities are associated with this company.

Think I'll pick up a couple million shares just in case of a reverse merger down the road. Who knows. Sat on another stock for over a year and a half, acually forgot I had it, it was at .0002 and with news of a R/M went to .0025 the other day. Still holding waiting for the 8K might make it explode. I sold out of GBRC a few years back for $2.50 been watching ever since. With only 47mil outstanding it might be a good prospect for someone wanting to go public. Good luck to all, specially me.....lol

Thanks Hawk.

At the end of the day you have to ask yourself, what settlement? Finding out about this scam which I'm sure most people did in time and I'm sure prior to finding out initially, there was a court battle and a battle to own the technology but... at the end of the day when the dust settled those same people were embarrassed to even admit they too were scammed.

If I were you this is a good time of the year to write this off in taxes!!!

Hawk do you still have the opinion that there will not be any kind of settlement? Like you can't get blood out of a turnup?

I've known Frank for over 30 years and he has always been a dreamer of scams. He had us thinking he finally got one thing in his bag of tricks right because none of us knew about anything other than 2.4 GHz microwaves and that bit of knowledge came from a basic understanding of what we used in our kitchens. But that didn't take me too long to figure out what Frank already knew having a few years jump on this scam. It’s easy to play quarterback after the game is over and it’s easy to turn the other cheek if you are spending investor’s hard earned money. I’ll get this simple but it’s much more involving than mentioned here.

What people don’t know is this scam started out with a typical 2.45GHz microwave oven in a warehouse that we used to qualify our claims and it was Frank’s desire to keep the frequency a secret while he made claims of finding one in hundreds of thousands of frequencies that excited the molecules of materials best and everything being tested. In the mean time he ordered a variable frequency microwave oven from Lambda that was used for curing ceramics and that you could dial a frequency from a range in the X band spectrum.

The reason this X band frequency microwave oven being so important was because there’s already a patent for what we were claiming in hydrocarbons by someone else a few years back in 2.45GHZ range and no one could dispute the claims of the X band frequencies because no one before had used it except in the case of patented ceramic curing and the protected by military for VF radar jamming.

With the public restrictions lifted in the USA in 2007 of owning a VF X-band microwave device and one of the bad things about X band and any higher bands for that matter, was the enormous price of the tubes in relation to typical 2.45GHz magnetron, longevity of tubes was half that of magnetrons, and manufacturing multiple tubes in the quantities required many years of preparation.

But in the end a 2.45GHz magnetron will do the same job but, even that considerate of all required elements, is no cheaper than conventional pyrolysis.

It's dead!!! There is no settlement bacause it was worthless from the beginning. No one wins and that's life amoung the pick sheets most of the time.

CRC shareholders are in the same position as MSRM.
Could anybody please tell the European investors what they could do?

Did this hearing ever take place and if so, does anyone know the outcome?
Where can we find information?
What happened with courtcase GBRC - UAF ?

Yeah it's pretty nasty. Like eating a poo sandwich w no bread :)