From the Wires
Global Resource Energy Inc. Talks with Large Retirement Communities Company
By: PR Newswire
Nov. 9, 2012 05:31 AM
NEW YORK, Nov. 9, 2012 /PRNewswire/ -- Global Resource Energy Inc. (OTCQB: GBEN)
For more than four months the company's (GBEN) affiliate, Kardings America, has been in discussions with Sunrise Senior Living of McLean, Virginia (www.sunriseseniorliving.com). Sunrise is a 30 year old company with more than 300 separate facilities worldwide. Sunrise offers Assisted Living; Independent Living; Alzheimer's & Memory Care; Nursing & Rehabilitative Care; and Short-term Stays.
Sunrise also has signature communities and services to seniors in Canada and the United Kingdom. With over 1,500 indoor lights per facility the success of these negotiations could prove lucrative for the company. Sunrise and its subsidiaries currently operate communities in the United States, Canada and the United Kingdom, with a combined unit capacity of more than 31,000 units.
A proposal for replacing Sunrise's entire inventory is currently being prepared and will be ready for execution by the end of November 2012. The replacement schedule for Sunrise is estimated to be executed over a 24 month period and, provided all terms are agreed to, will commence in January 2013.
Kardings is a multi-national green energy company designed to help bring eco-friendly technology to the market. Kardings offers LED Street Lights to all municipalities and can access a special fund called The Hero© program which was established specifically for green initiatives in municipalities. The lighting systems are highly efficient, dependable and come with the best warranties available in the industry. In most cases a city, town or village may retrofit to energy efficient led street lighting at no increased cost and may even put money back into municipal budgets. Kardings' website is www.kardings.com.
Safe Harbor Act Notice:
Statements contained herein that are not historical facts are forward-looking statements within the meaning of the Securities Act of 1933, as amended. Those statements include statements regarding the intent, belief or current expectations of the company and its management. Such statements reflect management's current views, are based on certain assumptions and involve risks and uncertainties. Actual results, events, or performance may differ materially from the above forward-looking statements due to a number of important factors, and will be dependent upon a variety of factors, including, but not limited to, the company's ability to obtain additional financing and the demand for the company's products. Any investment in the company would be extremely speculative and involve a high degree of risk and should not be pursued unless the investor could afford to lose their entire investment. Before investing, please review this filing, all past public filings with the SEC, all current Pinksheets.com filings and consult a registered broker dealer or contact the financial industry regulatory authority ("FINRA") for more information regarding locating a qualified party to assist in making an investment decision. The company undertakes no obligation to publicly update these forward-looking statements to reflect events or circumstances that occur after the date hereof or to reflect any change in the company's expectations with regard to these forward-looking statements or the occurrence of unanticipated events. Factors that may impact the company's success are more fully disclosed in the company's most recent public filings with the U.S. Securities and Exchange Commission. Forward-looking statements are typically identified by the use of terms such as "anticipate," "believe," "could," "estimate," "expect," "intend," "may," "might," "plan," "predict," "project," "should," "will," and similar words, although some forward-looking statements are expressed differently. Although we believe that the expectations reflected in such forward-looking statements are reasonable, we can give no assurance that such expectations will prove to be correct.
On behalf of the Board of Global Resource Energy Inc.
SOURCE Global Resource Energy Inc.
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