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BenchMark Energy Ships Over 1 Million Pounds of Glycerin for January
BenchMark Energy Ships Over 1 Million Pounds of Glycerin for January.
About this update from Gpl Holdings, Inc.
[{"type":"text","content":"\nCOLDSPRING, Texas, Feb. 13, 2014 (GLOBE NEWSWIRE) -- BenchMark Energy Corp. (OTC Pink:BMRK), a refiner and supplier of Glycerin for commercial processes, announced it has projected total Glycerin shipments for the month of January at approximately 1.1 million pounds.\n\t\n\n\tGlycerin Shipments\n\n\tIn addition to the pending antifreeze launch, BenchMark's core Glycerin operations continue to move forward, with January shipments projected at 1.1 million pounds. Although delays were experienced due to the unprecedented cold and snowy weather throughout North America, Glycerin operations continued on pace with shipments being filled to their key vendors.\n\t\n\tJanuary Glycerin shipments were achieved by both railcar and freight delivery, and were mainly focused in the Southern region of the United States and Northern Mexico. The Mexico contract signed in January constituted nearly one-third of the realized Glycerin loads.\n\t\n\tOTC Markets Listing Status\n\n\tThe Company expects to file the appropriate documents shortly with OTC Markets to upgrade its listing back to \"current\".\n\t\n\tFourth Quarter Guidance\n\n\tAs a bulk supplier of both refined and raw Glycerin, BenchMark Energy receives its revenues on a per pound basis traded to their vendors. The Company expects to file its fourth quarter operational results with OTC Markets, and anticipates that it will also provide revenue projections for both the fourth quarter of 2013, and the first quarter of 2014.\n\t\n\tSHARE STRUCTURE\n\n\tAs 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.\n\t\n\tPhotos of our Timberline Antifreeze product brand are now available on our official Twitter account at http://twitter.com/BenchMarkE.\n\n\tABOUT BENCHMARK ENERGY CORPORATION\n\n\t\"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.\n\n\tSAFE HARBOR STATEMENTS\n\n\tThe 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 Priva...