BioPower Operations Corporation Commences Trading as Public Company
05 Abril 2012 - 7:30AM
Marketwired
BioPower Operations Corporation (OTCQB: BOPO) (PINKSHEETS: BOPO)
today announced that the Company received notice from The
Depository Trust Company "DTC" of the eligibility effective
immediately of its common shares for electronic trading under the
OTCQB trading symbol "
BOPO."
BioPower Operations Corporation is a development stage company
focused on growing biomass coupled with the production and sale of
biomass products and byproducts. The senior management team has
analyzed numerous biomass technologies and various market niche
opportunities resulting in short term plans to produce and sell
biomass oils coupled with the execution of two long-term licenses
to grow unique trees and bamboo that can be converted into oils,
biofuels, animal feed or electricity.
Robert Kohn, Chairman and CEO, stated, "We are elated to enter
the public marketplace. Our S-1 registration statement was declared
effective by the United States Securities and Exchange Commission
on August 1, 2011. Our experienced team is in place and we have
been working diligently on the initiatives outlined in our business
plan. We plan to communicate frequently and consistently with the
investment community to achieve complete transparency and
disclosure as we build our business."
BioPower has an experienced management team, led by Robert Kohn,
Chairman, CEO, CFO and Co-Founder. Previously, Mr. Kohn was
co-founder of three start-up public companies with equity and debt
raised exceeding $400 million. He was President of a subsidiary of
NYSE, Exelon-"EXC" (www.exeloncorp.com) ranked as one of the
largest electric utilities in the U.S., and President and founder
of Entrade energy trading. Early in his career, Robert co-founded a
waste to energy start-up, ORFA Corp. of America, which traded on
National Market NMS NASDAQ. He was also Co-Founder and CEO of
AssetTrade (www.Go-Dove.com), a world leader in its market and a
public company on the London Exchange.
Dale Shepherd, President & COO of BioPower, has served in
numerous executive roles, as COO, CFO and Finance Director
including eighteen years in the General Electric Company primarily
in the Plastics and the Gas Turbine business. Mr. Shepherd also
served six years with Kawasaki Steel Corporation building their
worldwide plastics interests as the VP of Business Development and
was CFO of Rogers Corporation, an AMEX company (now trading on the
NYSE). Additionally, Mr. Shepherd was VP Finance of North American
Logistics with $500 Million in revenue. Mr. Shepherd acted as
interim CFO and Managing Director for a business unit of Vertex
Data Sciences Ltd (UK) a BPO company with $800 million in revenue.
Dale has a strong background in new business development and
M&A work having participated, completed and led acquisitions
from $50,000 to $2.3 billion.
About BioPower Operations Corporation
BioPower Operations Corporation is a development stage company
focused on growing biomass coupled with the production and sale of
biomass products and byproducts. Biomass is a broad term that
encompasses all plant and animal matter that can be used either as
a source of energy or for its chemical components when converted
into bio oils, biofuels, green electricity, animal feed and other
valuable products.
The company's website can be viewed at www.biopowercorp.com
Forward-Looking Safe Harbor Statement:
This press release contains statements, which may constitute
"forward-looking statements" within the meaning of the Securities
Act of 1933 and the Securities Exchange Act of 1934, as amended by
the Private Securities Litigation Reform Act. The Private
Securities Litigation Reform Act of 1995 (PSLRA) implemented
several significant substantive changes affecting certain cases
brought under the federal securities laws, including changes
related to pleading, discovery, liability, class representation and
awards fees and of 1995. Those statements include statements
regarding the intent, belief or current expectations of BioPower
Operations Corporation, and members of its management as well as
the assumptions on which such statements are based. Prospective
investors are cautioned that any such forward-looking statements
are not guarantees of future performance and involve risks and
uncertainties, and that actual results may differ materially from
those contemplated by such forward-looking statements. BioPower
Operations Corporation undertakes no obligation to update or revise
forward-looking statements to reflect changed.
Investor Relations Contact: Constellation Asset Advisors, Inc.
415-524-8500
BioPower Operations (CE) (USOTC:BOPO)
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