Global Resource Energy Inc. Talks with Large Retirement Communities Company

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.

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On behalf of the Board of Global Resource Energy Inc.

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SOURCE Global Resource Energy Inc.