Ludlow Research Issues Opinion on InterCore Energy Based on Pending EPA Approval of Sorghum Ethanol
MAHWAH, N.J., Sept. 19, 2012 -- InterCore Energy, Inc., (OTCBB: ICOR), a company focused on operations and investments in the areas of clean energy and clean tech, announced that Ludlow Research has issued a research opinion of the company based on pending EPA approval of sorghum for ethanol production,
Ludlow Research issued their opinion based on the Environmental Protection Agency's (EPA) pending approval of 'grain sorghum' as an alternative feedstock to corn for the production of biofuel based ethanol. This pending approval would then open the door for approval of 'sweet sorghum' also being utilized in the ethanol production process, a development being pursued by EPEC Biofuels Holdings, Inc., an investment of InterCore Energy. Ludlow sees EPEC and InterCore as benefitting with respect to EPEC's plan for the development and production of Ethanol 2.0™.
InterCore Energy's investment in EPEC Biofuel Holdings, Inc. may position the company to benefit from any decision from the EPA, and by labeling ethanol produced by both grain and possibly sweet sorghum an 'advanced biofuel', this could result in additional tax credits and grants for companies within this field.
- EPA pending approval of grain sorghum as alternative ethanol feedstock
- Ethanol produced with grain sorghum to be granted 'advanced biofuel' status
- Higher corn prices forcing producers to seek alternative feedstocks
- Ethanol produced with sorghum has higher production efficiencies
- Higher Oil prices, Middle East turmoil to increase ethanol demand
To download the full report, and access risks, disclosers, and potential outlook visit www.ludlowresearch.com/reports.html
About Ludlow Research
Ludlow Equity Research is a New York based equity research firm focused on providing our clients, and individual readers, with in-depth research coverage and opinions on the small-cap securities market. For over 14 years we have aimed to providing our subscribers a simple way of evaluating the current and potential value of small-cap stocks, and any risks that may effect those valuations going forward. Our goal is to provide traders with an easy way to make investment decisions based on current and future valuations. Ludlow Equity Research is a division of Ludlow Capital, Inc. www.ludlowresearch.com
About InterCore Energy, Inc.
InterCore Energy, Inc. is a public company that, in addition to managing its own operating entities, participates in emerging companies run by exceptionally talented entrepreneurs and operating executives who are dedicated to creating positive change in our world. InterCore Energy functions as an owner, product developer, and investor focused primarily on providing equity, acquisition debt, or bridge financing to emerging high-growth companies and entrepreneurs in the areas of clean energy and cleantech. www.intercoreenergy.com
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Safe Harbor Notice
Certain statements contained herein are "forward-looking statements" (as defined in the Private Securities Litigation Reform Act of 1995). InterCore Energy, Inc. cautions that statements made in this news release relating to the potential investment in, and the business direction of, the Company constitute forward-looking statements and makes no guarantee of future performance. Forward-looking statements are based on estimates and opinions of management at the time statements are made. These statements may address issues that involve significant risks, uncertainties, estimates, and assumptions made by management. Actual results could differ materially from current projections or implied results. InterCore Energy, Inc. undertakes no obligation to revise these statements following the date of this news release.
MELISSA J. DIAZ
SOUTH STREET MEDIA, INC
PHONE: (917) 937-8968
SOURCE InterCore Energy, Inc.