Beacon Energy Holdings, Inc. Common Shares to Commence Trading as BCOE on the OTC Bulletin Board
CRANFORD, N.J.–(BUSINESS WIRE)–Beacon Energy Holdings, Inc. (OTC Bulletin Board: BCOE – News), an emerging producer and investor in the developing biodiesel sector, announced today that its shares shall commence trading on the OTC Bulletin Board under the symbol “BCOE”.
Beacon Energy Corp. was formerly a subsidiary of Metalico, Inc. (AMEX: MEA – News), a leading scrap metal recycler and lead products fabricator. Metalico now holds approximately 37% of the outstanding stock of Beacon Energy Holdings.
About Beacon Energy Holdings, Inc.
Beacon Energy Holdings, Inc. (OTCBB: BCOE – News) is engaged in the production and marketing of biodiesel. Beacon’s biodiesel efforts are centered around the utilization and processing of lower grade feedstocks, primarily animal fats such as beef tallow, choice white grease and poultry fat. Since its formation in 2006, Beacon has successfully completed strategic investments in three companies dedicated to the production of biodiesel and one company dedicated to the collection of low cost waste products that may serve as the raw materials for biodiesel. The facilities in which Beacon has invested currently have the capacity to produce more than 15 million gallons of biodiesel per year.
Safe Harbor Statement
Safe Harbor Statement under the Private Securities Litigation Reform Act of 1995: The Statements which are not historical facts contained in this press release are forward-looking statements that involve certain risks and uncertainties including but not limited to risks associated with the uncertainty of future financial results, additional financing requirements, development of new products, government approval processes, the impact of competitive products or pricing, technological changes, the effect of economic conditions and other uncertainties detailed in the Company’s filings with the Securities and Exchange Commission.
Beacon Energy Holdings, Inc.
Carlos E. Agüero, Chairman
Dylan K. Remley, President and Chief Executive Officer