Murphy Analytics Announces Initiation of Coverage on Global Resource Energy Inc.
13 Janeiro 2013 - 2:00PM
Marketwired
Murphy Analytics (MA) has initiated coverage on Global Resource
Energy Inc. (OTCBB: GBEN). The Initiation Report contains a
detailed discussion of GBEN's business operations, market dynamics,
macroeconomic data and indicators, financial results, potential
cash flows, and risks. The Initiation Report is available at:
http://www.murphyanalytics.com/uploads/GBEN_Initiation.pdf.
Analyst Patrick J. Murphy, CFA, notes in the report:
"...forecasts call for as much as 31% compound annual growth rate
for the LED market as it becomes an increasingly important
component of the $109 billion global lighting fixture market...
With the interests of government, manufacturers and end-users
converging towards economical, clean and energy efficient
technologies, the opportunity for LED lighting is enormous. Recent
announcements from GBEN indicate the Company is actively pursuing a
range of business opportunities and partnerships as its looks to
leverage the licensing agreement of its lighting division --
Kardings America."
About Murphy Analytics Murphy Analytics is
an independent investment research firm providing coverage of
microcap stocks. Utilizing institutional caliber, fundamental
analysis, Murphy Analytics helps investors make informed investment
decisions about equities without extensive analyst coverage. Murphy
Analytics LLC is owned by Patrick J. Murphy, who has nearly 20
years of capital markets experience, providing institutional
investment and transaction analysis across a range of asset classes
including microcap equities, commercial real estate debt and
equity, municipal derivatives and public finance, venture capital,
fixed income, CMBS and mortgage REIT's.
Disclosure: Neither MA nor the analyst
owns or trades the shares of covered companies. MA was compensated
$5,000 in advance of the publication of this report. Statements
herein may contain forward-looking statements and are subject to
significant risks and uncertainties affecting results. MA provides
no assurance as to the subject company's plans or ability to effect
proposed actions and cannot project capabilities, intent,
resources, or experience. This report is neither a solicitation to
buy nor an offer to sell securities and is to be used for
informational purposes only and should not be used as basis for
investment decisions. MA is not an investment advisor or
broker/dealer and this report does not provide investment
advice.
Contact: Patrick J. Murphy, CFA Email Contact
Global Resource Energy (CE) (USOTC:GBEN)
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