Yes this company might have the technology to create oil out of tires
but they do not have the money or the resources to create this machine
on a massive scale. If you are impressed with petroleum recovery it
has been going on for years, there was this company at one time called
"Imperial Petroleum Recovery Corporation" or stock ticket IREC that
was doing almost the same thing and actually landed a contract with
Chevron worth 30 Million dollars..

Where are they now?.. Another pump and dump bites the dust and in my
opinion looked more promising, want to see an array of companies with
this sort of technology?

http://fossil.energy.gov/programs/reserves/npr/Secure_Fuels_from_Dome...

There is a whole list of them, to be honest I'm not impressed and
before you go dumping all of your money into a company that might die
tomorrow and lose it all do your homework. There has been hype
surrounding this company lately because Lebed is pushing for this
company, if you read the bottom of these emails he is getting paid to
do this.

In conclusion do your homework and make decisions based upon self
calculation not hype to "buy now" and reap "rewards" later because
there might not be any rewards. I been trading for a long time and
learned one thing if the company is truly a successful one there is no
need to rush into the trade, you just might lose more money than
previously intended.

you have obviously completely misunderstood the department of energy
link you provided. IREC is a service company for the oil industry,
GBRC is a producer. The two are not even trying to accomplish the same
goal. Furthermore, no company listed can create oil from tires. The
other companies on the link only produce it from oil shale and tar
sands. This company produces oil from oil shale, tar sands, tires, and
plastics, without producing CO2.

 This is a direct quote from the article. "Global Resource Corporation
has a patent pending process that allows for removal of oil and
alternative petroleum products from various resources including shale
deposits, tar sands and waste oil streams with significantly greater
yields and lower costs than are currently available utilizing existing
technologies."

Another one: "GRC is negotiating with several major companies to form
joint ventures for commercializing this
technology."

Mr. Frank Pringle Retires From Global Resource Corporation
Mr. Eric Swain Named Chairman of the Board

Last update: 9:22 a.m. EST Nov. 17, 2008
WEST BERLIN, N.J., Nov 17, 2008 (BUSINESS WIRE) -- Global Resource
Corp. (GBRC:

1.55, +0.16, +11.5%) , a developer of a patent-pending microwave
technology and machinery for extracting oil and gas, announced today
that Frank Pringle, chairman of the board, has elected to retire fully
from the company, effective immediately, and Eric Swain has been
chosen to serve as Chairman & CEO.
The board of directors and Mr. Pringle agreed that a change in
leadership would best enable Global Resource to move forward with the
commercialization stage of the technology. The board recognizes Mr.
Pringle's outstanding service in leading Global Resource through the
company's successful development phase.
"We would like to thank Frank for the contribution he has made leading
the invention and the development of our groundbreaking microwave
technology," stated, Mr. Eric Swain, Chairman and CEO. "Our new
management team is poised for the major transformation of Global
Resource from an R&D company into a global alternative energy firm
with enormous potential. During this important period for our company,
the board of directors and I are committed to working on the sale and
licensing of our technology and creating increased value for our
shareholders."
With the retirement of Mr. Pringle, the company will terminate his
existing consulting agreement in exchange for a severance package.
Under the retirement agreement Mr. Pringle recognizes the assignment
of all Intellectual Property to the company. In addition, the company
will recognize a significant decrease in the expenses associated with
the original agreement. The terms and conditions of the severance
package are available through the 8K.