Someone snuck into the offices of Balon Bleu Holdings LLC recently and spiked their refrigerators with Roe blended Clotamin Kool-Aid. Balon Bleu agreed to give $50,000 to Global Resource Energy Inc. (GBEN) and another $50,000 every month over the next five months for rights. About the same amount, $300,000, has transacted on GBEN stock over the last week. For their money, Balon gets 49% of the exclusive North American Distribution of CLED Street Lights Rights. Way to go their Dougie.
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GBEN Stock Chart
Close: 0.265, -0.015 (-5.36%)
Volume: 65,560
Trades: 14
Average Trade Size: 4,682
20 Day Percent Change: -41.11%
20 Day Moving Average: 0.3159
20 Day Average Volume: 216,603
Today’s news from GBEN was total fluff and will have no influence whatsoever on the PPS. (see here)
About GBEN Stock
Global Resource Energy is a development stage clean technology company interested in the development and commercialization prospects of new and innovative fuel cell and other efficient green technologies aimed at creating a safer and cleaner environment while improving the health of the domestic economy. Sustainable growth is the cornerstone of the Company’s mandate and vision and Management embraces the convergence of environmental solutions and economic viability as a yardstick for stakeholder success.
Bottom Line: GBEN has been on the APS penny stock pick watch list for some time now with their direct ties to several of APS former deals. Other than that, its a #2Flusher.
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