The Beard Company Retains RJ Falkner & Company as Investor Relations Counsel
November 05 2008 - 8:30AM
PR Newswire (US)
OKLAHOMA CITY, Nov. 5 /PRNewswire-FirstCall/ -- The Beard Company
(OTC Bulletin Board: BRCO) ("Beard") today announced that it has
retained RJ Falkner & Company ("Falkner") to develop and
implement a comprehensive investor relations program for the
Company. RJ Falkner & Company, Inc. is an investment research
and financial communications firm that seeks out undervalued
small-cap companies with the potential to outperform the overall
stock market on an intermediate- and long-term basis. Its research
analysts work with the managements of such companies to broaden
their exposure within the investment community and expand the level
of interest among investment professionals and high-net-worth
individual investors. Additional information on RJ Falkner &
Company, Inc. is available on the Internet at
http://www.rjfalkner.com/. "We selected RJ Falkner & Company as
our investor relations firm because of its expertise in shareholder
communications and the relationships that its research analysts
have developed within the investment community during the past 39
years," stated Herb Mee, Jr., President of Beard. "We are excited
to be selected to provide a full range of investor relations
services to The Beard Company," commented R. Jerry Falkner, CFA,
President of Falkner. "Beard is pursuing a unique strategy to
enhance shareholder value through the development of a variety of
businesses involving the production and/or management of natural
resources, including magnetite, ilmenite, carbon dioxide, coal, and
oil and gas. We are particularly intrigued with the Company's 23.2%
investment in Geohedral LLC, which has staked claims covering
49,000 acres in southern Alaska that Geohedral estimates contain
probable above-ground reserves of 891 million metric tons of
magnetite (iron ore) and 696 million metric tons of ilmenite (iron
titanium oxide ore), along with meaningful quantities of precious
metals. If Geohedral's minerals exploration and development program
proves successful, the positive impact upon Beard shareholders
should be highly significant." The agreement between Beard and
Falkner covers one year and provides for assistance in investor
relations, press release development, the preparation of
independent analyses and research reports, and other related
services of benefit to The Beard Company. Any forecasts,
projections and/or conclusions contained in research reports
published by RJ Falkner & Company will be independently
prepared by Falkner, unless otherwise stated, and will not be
endorsed by the management of Beard. About The Beard Company The
Beard Company creates, acquires, and/or invests in businesses that
management believes have high growth potential or above-average
profit potential and can enhance shareholder value. The Company is
currently involved in carbon dioxide (CO2) gas production; oil and
gas activities; coal reclamation activities; e-commerce activities
conducted through its starpay(TM) subsidiary; and minerals
exploration and development through its Geohedral investment. The
Company is headquartered in Oklahoma City and its common stock
trades on the OTC Bulletin Board under the symbol "BRCO".
Forward-Looking Statements This document may include statements
that constitute "forward-looking" statements, usually containing
the words "believe", "estimate", "project", "expect", or similar
expressions. Forward-looking statements inherently involve risks
and uncertainties that could cause actual results to differ
materially from the forward-looking statements. Factors that could
cause or contribute to such differences include, but are not
limited to, the Company's lack of profitability in recent years;
the ability to service outstanding debt and secure capital to fund
operations; the ability to negotiate and execute contracts in
connection with the Company's coal reclamation activities; the
outcome of a lawsuit against Visa; future trends in commodities
prices; financial, geological or mechanical difficulties affecting
Geohedral's planned geological work programs; uncertainties
surrounding estimates of mineralized material; and other risks
detailed in Beard's filings with the U.S. Securities and Exchange
Commission. By making these forward-looking statements, Beard
undertakes no obligation to update these statements for revisions
or changes in the future. For Additional Information, Please
Contact: Herb Mee, Jr., President, at (405) 842-2333 or via email
at or RJ Falkner & Company, Inc., Investor Relations Counsel,
at (800) 377-9893 or via email at DATASOURCE: The Beard Company
CONTACT: Herb Mee, Jr., President of The Beard Company,
+1-405-842-2333, , or RJ Falkner & Company, Inc., Investor
Relations Counsel, 1-800-377-9893, Web Site:
http://www.rjfalkner.com/
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