Can Global Resource Energy Inc (PINK:GBEN) Move in a Bullish Rally

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Las Vegas, NV -- (SBWIRE) -- 02/18/2013 -- Global Resource Energy Inc (PINK:GBEN) trading near its lowest in last 52 weeks, gained 8 percent in its last trading session to $0.0189. As the traded volume remained modestly lowers at only 51,125 shares as compared to its average volume of 1.02 million shares per day, there are more chances that the last surge wont’ trigger any bullish rally for the stock.

However, the share price does have considerable margin for upward movement as it’s highest in last one year stands at $0.53.

Global Resource Energy Inc recently purchased 66,000 Certified Emission Reduction Credits from BluForest Inc for the price of $660,000 which is to be paid in form of 3 million restricted shares.

The company is involved in licensing, reselling and distribution of clean technologies in United States and Canada. The company has distribution rights for LED street lights, solar LED street lights, LED tunnel lights. LED flood lights and other indoor lighting products.

To find out what OTCMAGIC projects for Global Resource Energy Inc for both short term and long term please click here: GBEN

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