GLOBAL RESOURCE/C6 TO UNVEIL ENERGY PRODUCING MICROWAVE.
Global Resource Corp. (BULLETIN BOARD: GBRC GBRC Global Business Research Center (University of Tokyo)
GBRC Global Business Resource Center (University of Wisconsin - Whitewater) ), West Berlin. N.J.. a developer of a patent-pending microwave technology and machinery for extracting oil and gas, has signed an agreement with C6 Energy, Sydney, Australia, to introduce into international markets Global Resource Corp.'s revolutionary microwave technology for producing energy. C6 Energy develops systems to improve the environment by converting waste materials and bituminous coal bituminous coal: see coal.
or soft coal
Most abundant form of coal. It is dark brown to black and has a relatively high heat value. to produce energy and other usable products.
Under the terms of the agreement, which were approved by the Boards of both companies yesterday, C6 Energy will combine its engineering and design expertise in the area of electricity with Global Resource's technology for a specific client with global operations Global Operations is a first-person shooter computer game developed by Barking Dog Studios and published by both Crave Entertainment and Electronic Arts. It was released in March of 2002, following its public multiplayer beta version which contained only the Quebec map. . The customer will initially use GRC's technology to extract energy from old tires.
Chairman Frank Pringle of Global Resource Corp. said, "C6 Energy's international footprint in Asia, Africa and Europe will help Global Resource to demonstrate to companies and governments all over the world the value of our revolutionary system for extracting energy from waste materials in an environmentally friendly Environmentally friendly, also referred to as nature friendly, is a term used to refer to goods and services considered to inflict minimal harm on the environment. way."
"In particular, we are pleased to enter into this agreement with C6 Energy, which is one of the most active companies internationally in developing systems for cleaning up wastes and helping the environment at the same time," he said. "The world needs energy from various forms. GRC GRC Greece (ISO Country code)
GRC Glenn Research Center (NASA)
GRC Governance, Risk and Compliance
GRC Gendarmerie Royale du Canada (RCMP - Canada)
GRC John H. can produce by products that will create energy from waste materials that currently end up in land fills world wide."
Austin Whittaker, managing director of C6 Energy, said, "The use of GRC's microwave unit to recycle waste tires and convert them to saleable sale·a·ble
Variant of salable.
saleable or US salable
fit for selling or capable of being sold
saleability or US
products such as steel, fuel oil, activated carbon and syngas
Syngas (from synthesis gas) is the name given to a gas mixture that contains varying amounts of carbon monoxide and hydrogen generated by the gasification of a carbon containing fuel to a gaseous product with will provide a significant added value Added value in financial analysis of shares is to be distinguished from value added. Used as a measure of shareholder value, calculated using the formula:
Our customer has proposals with various governments and we have received an expression of interest for the purchase of about thirty (30) microwave units. Based on recent communications with our customer, we would conservatively estimate that 10-to-12 sales a year will be achieved, with the initial orders in the first quarter of 2008."
About Global Resource Corp.
Global Resource Corp., (BULLETIN BOARD: GBRC) , is a developer of a patent-pending microwave technology and machinery that extracts oil and petroleum products from shale deposits, tar sands Tar sands is a common name of what are more properly called bituminous sands, but also commonly referred to as oil sands or (in Venezuela) extra-heavy oil. They are a mixture of sand or clay, water, and extremely heavy crude oil. , capped oil wells, bituminous coal and processed materials such as tires and plastics as well as dredged soil from harbors and river bottoms. Its process produces significantly greater yields and lower costs than are available using existing technologies. Because the process takes place in an enclosed environment it is emission-free and an efficient and cost-effective tool for cleaning environmental wastes and toxic materials.
For more information, visit http;//www.globalresourcecorp.com or call 856/767-5661.