UNITED STATES
SECURITIES AND EXCHANGE COMMISSION
WASHINGTON, D.C. 20549
FORM 8-K
CURRENT REPORT
PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934
Date of Report (Date of earliest event reported) September 21, 2007
Global Resource Corporation
(Exact name of registrant as specified in its charter)
Nevada 000-50944 84-156582
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(State or other jurisdiction (Commission File Number) IRS Employer
of incorporation) Identification No.)
408 Bloomfield Drive, Unit #3, West Berlin, New Jersey 08091
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(Address of principal executive offices) (Zip Code)
Registrant's telephone number, including area code (856) 767-5661
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(Former name or former address, if changed since last report.)
Check the appropriate box below if the Form 8-K filing is intended to
simultaneously satisfy the filing obligation of the registrant under any of the
following provisions (see General Instruction A.2. below):
[ ] Written communications pursuant to Rule 425 under the Securities Act (17 CFR
230.425)
[ ] Soliciting material pursuant to Rule 14a-12 under the Exchange Act (17 CFR
240.14a-12)
[ ] Pre-commencement communications pursuant to Rule 14d-2(b) under the Exchange
Act (17 CFR 240.14d-2(b))
[ ] Pre-commencement communications pursuant to Rule 13e-4(c) under the Exchange
Act (17 CFR 240.13e-4(c))
ITEM 5.02 DEPARTURE OF DIRECTORS OR CERTAIN OFFICERS; ELECTION OF DIRECTORS;
APPOINTMENT OF CERTAIN OFFICERS; COMPENSATORY ARRANGEMENTS OF CERTAIN
OFFICERS.
On September 20, 2007, the Board of Directors expanded the size of the Board to
five (5) members, creating two vacancies which were filled by the election of
Kim Thorne O'Brien amd Jonathan L. Simon, who accepted such election as of
September 21, 2007.
Ms. O'Brien, age 49, since May, 2004 has been President of Independence, Inc., a
firm engaged in providing consulting services to start-up biotechnology
companies. From December, 2001 to May, 2004 Kim was Vice President, Business
Development & Marketing, of AdvancedTraces, Inc. a company engaged in the
development of supersensitive detectors of biowarfare agents. Prior to that, Kim
was Regional Business Director, Northeast Region, of MedImmune, Inc. from
October 1995 to October 2001. She graduated from Ursinius college in 1980 with a
B.S. in Health & Physical Education, graduated from Temple University with an
M.S.Ed in Exercise Physiology in 1981 and completed all work except for the
dissertation for a Ph.D. in Cardiovascular Physiology from Temple University.
Thereafter, and until October 1995, Kim held various jobs in the health
industry. There is no arrangement between Ms. O'Brien and any other party with
respect to her service as a director nor is Ms. O'Brien a party to, or a
participant in, any material plan, contract or arrangement.
Mr. Jonathan L. Simon, age 56, has been engaged in the recycling industry since
approximatley the mid-1970's. From 1990 to March, 2006 he was President of Royal
Green Corp., a company engaged primarily in recycling ferrous metals. From
April, 2006 to the present, he has been President of Royal Green LLC, a
successor company to the corporation, still engaged in recycling ferrous metals.
In addition, since May, 2006 he has been a director of Green Energy
Technologies. Jonathan graduated from the University of Pittsburgh in 1973 with
a BS in Biology (with honors). There is no arrangement between Mr. Simon and any
other party with respect to his service as a director nor is Mr. Simon a party
to, or a participant in, any material plan, contract or arrangement.
SIGNATURE
Pursuant to the requirements of the Securities Exchange Act of 1934, the
Registrant has duly caused this report to be signed on its behalf by the
undersigned hereunto duly authorized.
GLOBAL RESOURCE CORPORATION
By: /s/ Frank G. Pringle, President
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September 25, 2007