MAHWAH, N.J., Sept. 20, 2012 -- InterCore Energy, Inc. (OTCBB: ICOR), a company focused on operations and investments in the areas of clean energy and clean tech, announced that Grass Roots Research and Distribution, Inc., has issued an investment report on InterCore Energy ("ICOR") saying that, in its opinion, "With the decision to focus on the growing clean energy technology sector, ICOR's management has shown competence and willingness to take decisions to benefit the firm and its investors. The management is capable of creating value for its investments through its expertise." Continuing, "We believe that ICOR's focus on Clean Tech Energy companies is a well-calculated strategic decision..."
In its report, Grass Roots highlights recent developments and activities of ICOR, the most recent of which is the investment in Epec Biofuels Holdings, Inc. Epec is leading the development of the emerging Ethanol 2.0™ supply chain by developing and implementing an industry integration platform. In this manner, Epec plans to build the foundation of a domestic advanced biofuel industry capable of producing billions of gallons per year of sustainable engine fuel in a cost effective, environmentally friendly, and positive net energy balance fashion.
Mr. Groelinger commented, "We are excited to see this assessment of InterCore and that Grass Roots seems to understand, and find value in, our structure and investment approach. As pointed out by Grass Roots, InterCore is organized to offer investors an opportunity to participate in investments with the potentially attractive risk/reward profiles sought by hedge funds, but at an investment level that is manageable for the everyday investor."
As noted on its website, the Grass Roots website and reports were created to give investors hope, confidence, and a strategic advantage in trading low priced stocks. The Grass Roots team of experts is dedicated to provide its more than 8 million subscribers with a steady stream of low priced stock picks that it believes offer limited downside risk combined with significant upside potential.
About InterCore Energy, Inc.
InterCore Energy, Inc. is a public company that, in addition to managing its own operating entities, participates in emerging cleantech companies run by exceptionally talented entrepreneurs and operating executives who are dedicated to creating positive change in our world. HLBCD 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 waste management. See www.intercoreenergy.com
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.