UNITED STATES SECURITIES AND EXCHANGE COMMISSION WASHINGTON, D.C. 20549 AMENDMENT #1 to FORM 10-KSB [X] ANNUAL REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 For the Fiscal Year Ended March 31, 2006 OR [ ] TRANSITION REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES AND EXCHANGE ACT OF 1934 for the transaction period from to Commission File Number 000-50944 GLOBAL RESOURCE CORPORATION -------------------------------------------------------------------------------- (Name of Small Business Issuer in its charter) Nevada 84-1565820 -------------------------------------------------------------------------------- (State or other jurisdiction (I.R.S. Employer of incorporation) Identification No.) 219 Robwood Road, Baltimore MD 21222 -------------------------------------------------------------------------------- (Address of principal executive offices) (Zip code) Issuer's telephone number (410) 477-1328 Securities registered under Section 12(b) of the Exchange Act: Title of each class Name of each exchange on which Registered ------------------------------- ------------------------------ ------------------------------- ------------------------------ Securities registered under Section 12(g) of the Exchange Act: Common Stock -------------------------------------------------------------------------------- (Title of class) -------------------------------------------------------------------------------- (Title of class) Check whether the issuer is not required to file reports pursuant to Section 13 or 15(d) of the Exchange Act _____ Check whether the issuer (1) filed all reports required to be filed by Section 13 or 15(d) of the Exchange Act during the past 12 months (or for such shorter period that the registrant was required to file such reports), and (2) has been subject to such filing requirements for the past 90 days. Yes [X] No [ ] Check if there is no disclosure of delinquent filers in response to Item 405 of Regulation S-B contained in this form, and no disclosure will be contained, to the best of registrant's knowledge, in definitive proxy or information statements incorporated by reference in Part III of this Form 10-KSB or any amendment to this Form 10-KSB. (X) Indicate by check mark whether the registrant is a shell company (as defined in Rule 12b-2 of the Exchange Act). Yes [X] No [ ] State issuer's revenues for its most recent fiscal year. $0 State the aggregate market value of the voting stock held by non-affiliates computed by reference to the price at which the stock was sold, or the average bid and asked prices of such stock, as of a specified date within the past 60 days. At the closing price of the stock as of June 23, 2006 of $0.02, the aggregate market value of voting stock held by non-affiliates is $96,300. As of June 23, 2006, 7,215,034 shares of Common Stock, $.001 par value, of the registrant were issued and outstanding. ITEM 13. EXHIBITS AND REPORTS ON FORM 8-K This Amendment #1 is being filed solely for the purpose of amending Exhibits 32.1 and 32.2 to correct the referenced date to March 31, 2006. EXHIBIT INDEX No. Description of Exhibit ------------- ---------------------- 32.1 Certification of Chief Executive Officer Pursuant to 18 U.S.C. Section 1350, as adopted pursuant to Section 906 of the Sarbanes-Oxley Act of 2002 32.2 Certification of Chief Financial Officer Pursuant to 18 U.S.C. Section 1350, as adopted pursuant to Section 906 of the Sarbanes-Oxley Act of 2002 SIGNATURES In accordance with Section 13 or 15(d) of the Exchange Act, the registrant caused this report to be signed on its behalf by the undersigned, thereunto duly authorized. GLOBAL RESOURCE CORPORATION By /s/ Mary K. Radomsky, President/CEO -------------------- Mary K. Radomsky, C.E.O. Date July 24, 2006 In accordance with the Exchange Act, this report has been signed below by the following persons on behalf of the registrant and in the capacities and on the dates indicated. By /s/ Mary K. Radomsky CEO ------------------------- Mary K. Radomsky, C.E.O. Date July 24, 2006 By /s/ Mary K. Radomsky Director -------------------- Mary K. Radomsky, Director Date July 24, 2006