BenchMark
Energy Corp. (OTCPink:BMRK), a refiner and supplier of Glycerin for commercial
processes, announced that they intend to become fully reporting under the
Securities Act of 1934 with the SEC upon approval of the appropriate regulatory
agencies.
BenchMark Energy Corp. intends to not just bring the company current
under OTC Markets standards, but intends to file an S-1 registration statement
for approval in the first quarter of 2014 in hope of becoming a fully reporting
entity with the SEC under the Securities Act of 1934.
The Company has retained legal counsel, and is in the process of retaining an independent auditor in order to begin the process of conducting fully audited financials on the company and its current operations. The Company?s intention is to file an S-1 statement with the SEC to become listed on the OTCQB exchange in 2014.
Any
approval to uplist to OTCQB is subject to completion of audits, and final
approval by such regulatory agencies, such as FINRA and SEC. Therefore, investors are advised to rely on our financial information filed with OTC
Markets until any such approval of filings with said regulatory agencies.
Mark
Bateman, the CEO of BenchMark Energy Corp. commented, "BenchMark Energy is
very committed to bring increased transparency, and maintaining its objective
to a higher listing. Without a doubt, becoming a fully reporting entity under
SEC standards requires a rigorous review process and increase in internal
financial controls, but as we embark on the launch of our antifreeze product in
the start of 2014, the process of filing an S-1 registration is part of our
main goal in growing Benchmark Energy, and its standing within the markets. Any
action to upgrade BenchMark trading standards is subject to final approval from
regulatory agencies."
Photos
of our Timberline Antifreeze product brand are now available on our official
Twitter account at http://twitter.com/BenchMarkE
SHARE STRUCTURE
As of
Jan. 2014, the Company had approximately 23.5 million common shares issued and outstanding,
with a public float of around 1.1 million shares.
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 STATEMENTS
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.
INVESTOR RELATIONS