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”, http://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.
- BenchMark Energy retains Rhodes Holdings LLC and Lunaria Consulting LLC (benchmarkenergy.com)
- Public company website disclosure (rhodesholdings.wordpress.com)