|By Marketwired .||
|December 27, 2013 11:52 AM EST||
NEW YORK, NY -- (Marketwired) -- 12/27/13 -- BenchMark Energy Corp (OTC Pink: BMRK), a refiner and supplier of Glycerin for commercial processes, announces research report on company, based on pending commercial launch of retail brand antifreeze product called BenchMark Antifreeze.
- Top Supplier of Raw and Refined Glycerin
- Launching Commercial Antifreeze Product in mid-January 2014
- Strong Contacts with Transportation Fleet Shippers
- 24 Million Shares Outstanding
- Public Float only 1.1 Million
- Valuation Target $1.00 ($24 million market cap)
Benchmark Energy is one of the largest traders of both refined and raw Glycerin in North America, which is a by-product of biofuel production. They hold partnerships with nearly 60 biofuel production facilities across the US as suppliers of raw Glycerin, which is then resold to industrial manufacturers for the commercial process of other end use products.
Through their years of operation, and wide-scope of distribution through both rail and freight transportation across North America, the Company has established a number of contacts within their transportation and freight hauling network. The Company is in the process of launching their first brand retail antifreeze product in January 2014, to be marketed under the brand name 'BenchMark Antifreeze' towards a number of fleet transportation operators.
As of Dec. 2013, the Company had approximately 23.5 million common shares issued and outstanding, with a public float of around 1.1 million shares. Along with BenchMark's extensive network of trucking and fleet transportation contacts, their commercial retail antifreeze product expected for commercial launch in mid-January, potential for pre-orders to their transportation network, and a tight public float of just around 1.1 million, there is real potential for a sharp appreciation in their overall market capitalization value at these levels.
For more information of this research valuation report please visit http://www.wallstreetnewscast.com/profile/bmrk.html
ABOUT BENCHMARK ENERGY CORPORATION
"BenchMark Energy Corporation (OTC Pink: BMRK) is the source for glycerin and related refined components, providing value through our industry knowledge." - Our mission statement starts the story, but the rest is available at http://benchmarkenergy.com.
SAFE HARBOR STATEMENT
The statements in this release that relate to the Company's expectations with regard to the future impact on the Company's results from new products in development are forward-looking statements within the meaning of the Private Securities Litigation Reform Act of 1995. The results anticipated by any or all of these forward-looking statements may not occur. The Company undertakes no obligation to publicly release the result of any revisions to these forward-looking statements that may be made to reflect events or circumstances after the date hereof, or to reflect the occurrence of unanticipated events or changes in the Company's plans or expectations.