Ludlow Research issues positive opinion of InterCore Energy

In New Jersey, InterCore Energy, Inc. announced that equity research firm 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™.