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BenchMark Signs Manufacturing Agreement in Mexico for Antifreeze Production

Coldspring, Texas (January 14, 2014) – BenchMark Energy Corporation (OTC Pink:BMRK, a refiner and supplier of Glycerin for commercial processes, announced it has signed agreements with a processing company in Mexico to provide them with refined Glycerin, and for the production and shipment of BenchMark’s own brand of antifreeze for resale to consumer market here in North America.

Under the agreement, BenchMark Energy will supply increased shipments of refined Glycerin to its Mexican partner, and in return will be provided manufacturing, production, and shipment of BenchMark’s own brand of antifreeze, now to be marketed under the new brand name Timberline Antifreeze.

Once in full production, our Mexican production facilities should be on course to ship up to 150,000 gallons of antifreeze to the company per month. The Company anticipates that the first shipments of their new Timberline Antifreeze product should be on store shelves by the end of January 2014.

Mark Bateman, the CEO of BenchMark Energy Corp. commented, “We are very excited to announce our contracts with our Mexico partners for the production of Timberline Antifreeze as our first commercial Glycerin-based retail consumer product. We feel by utilizing our secure supply of Glycerin, and the environmental aspects of using our Glycerin-based product as opposed to Ethylene Glycol, that BenchMark will be providing a cutting edge new product within the antifreeze market.”

ADVANTAGES OF GLYCERIN BASED ANTIFREEZE

– Less corrosive on engine parts
– More cost-effective than Ethylene Glycol based Antifreeze
– Close to neutral on a corrosive scale
– Better for the environment (less toxic)
– Supportive of the renewable fuels industry

UNIT SIZES TO BE MARKETED

Timberline Antifreeze will be marketed in both 1 gallon containers, 55 gallon drums and bulk ISO containers. The 1 gallon containers will be focused on the retail market, providing a superior product at a lower cost per container than conventional antifreeze. Through internal and marketing price reviews they feel Timberline Antifreeze will be extremely competitive price wise to current antifreeze products on the market.

The 55-gallon drums and ISO containers will be marketed towards transportation companies, farmers, school systems, automotive repair shops, and other enterprises that service fleets of vehicles. Although launch is still pending for January 2014, BenchMark has already received indications of interest from transportation companies as potential pre-orders.

Additional blends of Timberline Antifreeze are expected in the coming weeks and months ahead.

Photos of the recent signing of this agreement will be posted shortly on our official Twitter account at https://twitter.com/BenchMarkE

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

Ashlee Guzman
Phone: (832) 691-0011
Email: investorrelations@benchmarkenergy.com

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Posted by on January 14, 2014 in Business, News, Public markets

 

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BenchMark Energy’s 2013 Annual Shareholder Meeting

 

McCarthy Meeting Room A

Coldspring, Texas (December 02, 2013) – BenchMark Energy Corporation (OTC Pink:BMRK), will webcast their 2013 Annual Shareholder meeting on Tuesday, December 03, 2013, beginning at 10 a.m. CST.

What: 2013 Annual Shareholder Meeting

When: Tuesday, December 03, 2013, 10 a.m. CST

Where: Via webcast https://global.gotomeeting.com/join/518862629

Use your microphone and speakers (VoIP) – a headset is recommended.  Or, call in using your telephone.

Number: +1 (213) 493-0602

Access Code: 518-862-629

Audio PIN: Shown after joining the meeting

Meeting ID: 518-862-629

For question submission, see http://benchmarkenergy.com/contact-us/.

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

Ashlee Guzman
Phone: (832) 691-0011
Email: investorrelations@benchmarkenergy.com

© 2013 by BenchMark Energy Corporation, all rights reserved. Used here by permission.

 
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Posted by on December 2, 2013 in BLOG, Business, News, Public markets

 

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Benchmark Energy Explores Development of Coolant and Antifreeze Product Line

Coldspring, Texas (November 21, 2013 via MarketWire.com) – BenchMark Energy Corporation (OTC Pink:BMRK) an International supplier of Glycerin for commercial processes, announced plans to develop its own coolant/antifreeze product line in the US.

Benchmark Energy is a leading provider of Glycerin, which is used in many commercial processes, such as in production of cosmetics and soaps, animal feed, and in anti-freeze products. Retained as a by-product from biodiesel production, the Company maintains a strong distribution relationship with end-use production companies who require Glycerin in the manufacturing process.

For the fourth quarter of 2013, the Company projects shipping 1.6M pounds of Glycerin to its manufacturing partners in the US, and North America.

ANTIFREEZE PRODUCT LINE

In order to leverage its access to the raw Glycerin market, and its growing distribution network, the Company is exploring the development of its own line of coolant and antifreeze products for sale in the US, and North America. The product line will likely include all three types of antifreeze products- conventional, organic acid technology (OAT) and hybrid organic acid technology (HOAT) – although there could be other products considered as well.
Mark Bateman, Chairman and CEO of BenchMark Energy commented, “Benchmark Energy is pleased to announce the development of its own line of coolant and anti-freeze products to potentially expand our revenue growth within the company. Although in the initial stages, we feel our ability to leverage our every growing access to Glycerin, and distribution contacts across the US, we could provide Benchmark the ability to grow the company internally through the launch of its own consumer brand line, while increasing value for our shareholders.”

SHARE STRUCTURE

As of Nov. 18, 2013, 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

Ashlee Guzman
Phone: (832) 691-0011
Email: investorrelations@benchmarkenergy.com


© 2013 by BenchMark Energy Corporation, all rights reserved. Re-posted here by permission from BenchMark Energy Corporation. Original issuance at http://www.marketwired.com/press-release/benchmark-energy-explores-development-of-coolant-and-antifreeze-product-line-otc-pink-bmrk-1855339.htm.

 
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Posted by on November 21, 2013 in News

 

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BenchMark Energy releases investor presentation

Coldspring, Texas (October 02, 2013) – BenchMark Energy Corporation (OTC Pink:BMRK) releases their current Investor Presentation today. The Investor Presentation is posted on their website. The Company will continue releasing pertinent information from “Phase 1” of its Project “Foundation” as it becomes available.

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.

INVESTOR RELATIONS

Ashlee Guzman
(832) 691-0011
investorrelations@benchmarkenergy.com
http://benchmarkenergy.com


© 2013 by BenchMark Energy Corporation, all rights reserved. Used here by permission from BenchMark Energy Corporation.

 
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Posted by on October 2, 2013 in News

 

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BenchMark Energy releases fact sheet

Coldspring, Texas (September 26, 2013 via OTC Disclosure & News Service) BenchMark Energy Corporation (OTC Pink:BMRK) announces today that they have released their fact sheet. The fact sheet is now posted on their website and includes recent Important Events and Projected Shipments.The Company will continue releasing pertinent information from Phase 1 as it becomes available.

 

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.

INVESTOR RELATIONS

Ashlee Guzman
(832) 691-0011
investorrelations@benchmarkenergy.com
http://benchmarkenergy.com

The above news release has been provided by the above company via the OTC Disclosure and News Service. Issuers of news releases and not OTC Markets Group Inc. are solely responsible for the accuracy of such news releases.

 
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Posted by on September 26, 2013 in BLOG, News

 

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BenchMark Energy releases Q3 and Q4 earnings guidance

Coldspring, Texas (September 20, 2013) – BenchMark Energy Corporation (OTC Pink:BMRK) began providing earnings guidance for its third and fourth quarter earnings based upon contractual agreements for glycerin purchase and delivery. The Company, which just recently achieved Current Information status through the OTC Markets’ disclosure platform, provided earnings per share guidance for a loss of $0.01 to $0.02 per share for the third quarter, and a profit of $0.01 per share for the fourth quarter 2013, with 23,247,121 Common Stock shares outstanding per its second quarter disclosure on OTC Markets’ website. Revenue guidance for the Company is between $250,000 to $300,000 for the third quarter, and between $1,000,000 and $1,100,000 for the fourth quarter 2013.

BenchMark [Energy Corporation’s] revenue has recovered significantly from the second quarter, reflecting management’s efforts to build a solid operational foundation. We secured transactions for 160,000 gallons in the third quarter and 1,500,000 gallons for the fourth quarter, equating to 4.5% of the expected domestic U.S. glycerin supply of 130 million gallons,” said BenchMark Energy Corporation’s CEO Mark Bateman.

The Company’s historical transaction volumes are:

2012 FY – 480,000 gallons (annual)
2013 Q1 – 36,000 gallons
2013 Q2 – 84,000 gallons

Forecasted transaction volume based upon signed and scheduled contractual deliveries are:

2013 Q3 – 160,000 gallons
2013 Q4 – 1,500,000 gallons

Including the previously announced Chinese contract, the Company has contractual commitments to sell at least 504,000 gallons monthly starting in the fourth quarter 2013 and continuing throughout 2014. This means that the Company would account for 6 million gallons of the domestic U.S. glycerin supply, or approximately five percent (5%) of the supply using expected 2013 domestic output.

The Company continues to work through its 90-day plan, with goals still remaining in Phase 1, including providing a fact sheet and investor presentation, engaging a PCAOB auditor, and concluding “work out” activities. Phase 2 activities have already begun as the Company focuses on operations to increase our share of the domestic glycerin marketplace.

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.

INVESTOR RELATIONS

Ashlee Guzman
(832) 691-0011
investorrelations@benchmarkenergy.com
http://benchmarkenergy.com

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Posted by on September 20, 2013 in BLOG, Business, News, Public markets

 

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BenchMark Energy posts financials on OTC Markets

Coldspring, Texas (September 11, 2013) – BenchMark Energy Corporation (OTCPink:BMRK) achieved Current Information status through the OTC Markets disclosure platform and is providing expanded information on its updated website (http://benchmarkenergy.com). The Company also retained Clear Financial Solutions, Inc., a financial services organization, in order to makes its financials ready for OTC Markets disclosure, as well as being ready for a PCAOB audit, required for filing registration statements with the U.S. Securities and Exchange Commission. The Company has retained Mr. Steven M. Plumb, CPA of Clear Financial Solutions, Inc., to become Chief Financial Officer (“CFO”) of the Company and help complete this registration.

Mr. Plumb remarked on the engagement, “It’s exciting working with BenchMark Energy Corporation while it emerges from its formative stage and achieves this major milestone. We look forward to a long and rewarding relationship with Benchmark and moving into the next phase of our engagement with them and the engagement of PCAOB auditors. The team assembled by BenchMark’s CEO, Mr. Mark Bateman, now includes Clear Financial Solutions Inc., Rhodes Holdings LLC, and Lunaria Holdings LLC, and shows that BenchMark is working towards enhancing its shareholder value by providing timely financial disclosures.”

The Company has now achieved the first three objectives in its current 90 day plan – assembling a “dream work out team”, public disclosure on OTC Markets, and enhanced shareholder information through an updated website presence.

Goals still remaining in Phase 1 include providing a fact sheet and investor presentation, engaging a PCAOB auditor, and concluding “work out” activities. In Phase 2, the Company will focus on operations to increase our share of the domestic glycerin marketplace.

ABOUT BENCHMARK ENERGY CORPORATION
“BenchMark Energy Corporation (OTCQB: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://www.benchmarkenergy.com.

ABOUT CLEAR FINANCIAL SOLUTIONS, INC.
Clear Financial Solutions, Inc. (referred to as “CFS”, http://www.clearfinancials.com) is a financial services organization dedicated to helping its clients tame the financial reporting requirements of public companies, high growth divisions, and “work out conditions”. CFS’ seasoned partners and staff provide business solutions including Contract CFO Services, SEC Reporting, Technology Commercialization, Business Advisory Services, and SOX solutions for small to medium-sized businesses.

ABOUT RHODES HOLDINGS LLC
Rhodes Holdings LLC (referred to as “RHL”, https://rhodesholdings.wordpress.com) provides management consulting services that allow its clients to seek financing through the public markets, either through mezzanine debt, equity, or bank debt. Mr. Rhodes is also the Managing Member of American Equity Fund LLC (http://americanequityfund.com), which provides equity line facilities for reporting publicly traded companies.

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.

INVESTOR RELATIONS
Ashlee Guzman
(832) 691-0011
investorrelations@benchmarkenergy.com
http:// benchmarkenergy.com


© by BenchMark Energy Corporation, used by permission. Original press release available at AccessWire or the Company’s own website.

 
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Posted by on September 11, 2013 in News

 

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