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Midwest Energy Emissions Corp - MEEC STOCK NEWS

Welcome to our dedicated news page for Midwest Energy Emissions (Ticker: MEEC), a resource for investors and traders seeking the latest updates and insights on Midwest Energy Emissions.

Our selection of high-quality news articles is accompanied by an expert summary from Rhea-AI, detailing the impact and sentiment surrounding the news at the time of release, providing a deeper understanding of how each news could potentially affect Midwest Energy Emissions's stock performance. The page also features a concise end-of-day stock performance summary, highlighting the actual market reaction to each news event. The list of tags makes it easy to classify and navigate through different types of news, whether you're interested in earnings reports, stock offerings, stock splits, clinical trials, fda approvals, dividends or buybacks.

Designed with both novice traders and seasoned investors in mind, our page aims to simplify the complex world of stock market news. By combining real-time updates, Rhea-AI's analytical insights, and historical stock performance data, we provide a holistic view of Midwest Energy Emissions's position in the market.

News
ME2C Environmental Conference Call & Webcast Access Released for Fourth Quarter and Full Year 2023
Rhea-AI Summary
ME2C Environmental Corp. CEO to Provide Corporate Update on Financial Results, Water Market, Rare Earth Extraction, and Revenue Projections for 2024 on April 15, 2024.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
-2.62%
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ME2C Environmental to Host Fourth Quarter and Full Year 2023 Conference Call & Corporate Update on April 15, 2024
Rhea-AI Summary
ME2C Environmental to Host Investor Conference Call to Review 2023 Financial Results and Corporate Update
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
-3.43%
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conferences
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News
ME2C Environmental Receives Dollar for Dollar Credit Reducing Remaining Debt with Its Principal Financial Partner
Rhea-AI Summary
Midwest Energy Emissions Corp. (MEEC) announces the facilitation of the sale of an initial block of shares for its principal financial partner, resulting in a credit of $960,000 against the outstanding principal balance of an unsecured note. The company has the ability to sell certain shares of common stock held by the lender through 2024, receiving dollar for dollar credits based on the sale amount. The recent private sale of restricted shares to unaffiliated third parties has led to the credit announcement. CEO Richard MacPherson highlights the debt reduction benefits and commitment to eliminating remaining debt obligations with the lender.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
-0.48%
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ME2C Environmental Repays Substantial Portion of Unsecured Debt with its Principal Financial Partner and Restructures Remaining Unsecured Obligations
Rhea-AI Summary
Midwest Energy Emissions Corp. (MEEC) pays off secured debt, restructures remaining debt with financial partner. The company made a $9.0 million principal payment against its outstanding unsecured note, repaid $272,000 secured note, and negotiated a reduction in profit share. The remaining unsecured note balance will mature in six months. The restructuring allows the sale of certain shares of common stock and provides exclusive rights to facilitate the sale of the remaining balance of common stock held by the lender. CEO Richard MacPherson highlights the benefits of the debt restructuring.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
-1.74%
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ME2C Environmental Announces Grant of Stock Options and RSUs
Rhea-AI Summary
Midwest Energy Emissions Corp. (MEEC) grants nonqualified stock options to directors, officers, and employees to acquire 1,000,000 shares of common stock at $0.88 USD per share. Additionally, 50,000 restricted share units (RSUs) are granted to another director, vesting on January 15, 2025.
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ME2C Environmental Takes Action to Support and Strengthen Its Financial Reporting Management
Rhea-AI Summary
ME2C Environmental (MEEC) engages new financial consulting firm, auditors, and appoints new CFO
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
13.19%
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earnings
News
ME2C Environmental Reports Third Quarter 2023 Financial Results
Rhea-AI Summary
Midwest Energy Emissions Corp. (MEEC) reports strong cash position, positive working capital, and net cash provided by operating activities. With $2.5 million cash on hand, $1.7 million working capital, and $6.7 million Q3 2023 total revenues, the company shows promise despite a $739,000 reduction in Q3 2023 revenues compared to Q3 2022. Net cash provided by operating activities remains positive at $786,000 for the nine months ended September 30, 2023. The company's patent litigation settlements demonstrate recognition of its patented technologies, while it continues to pursue growth opportunities in the U.S. and international markets for mercury emissions, potable water, and rare earth element extraction.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
-20.87%
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earnings
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ME2C Environmental Issues Statement on Recently Announced Patent Litigation Settlement with Certain Defendants
Rhea-AI Summary
Midwest Energy Emissions Corp. (TSXV: MEEC) (OTCQB: MEEC) announces settlements validating patents, setting significant market value. The company will continue legal action against remaining defendants and issue legal notice to all infringing utilities. The CEO, Richard MacPherson, expressed satisfaction with the resolution of patent litigation with certain defendants and plans to pursue further discussions with coal-fired utilities operating their patented process. The settlements only cover refined coal operations and do not address ongoing use of patented technologies. The company will seek resolution with utilities continuing to operate their patented process without a license or supply agreement.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
18.56%
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News
ME2C Environmental Reports Second Quarter 2023 Financial Results
Rhea-AI Summary
ME2C Environmental reports strong liquidity and improved licensing revenues in Q2 2023. Cash on hand of $1.9 million and working capital of $1.7 million. Q2 total revenues of $4.1 million. Q2 Adjusted EBITDA positive $251,000. Technology licensing revenue increased by 165% or $386,000 for the six months ended June 30, 2023.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
-11.11%
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earnings
News
ME2C Environmental Announces Amendment to Market Making Services Agreement to Support TSX Venture Exchange Trading
Rhea-AI Summary
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Midwest Energy Emissions Corp

OTC:MEEC

MEEC Rankings

#5198 Ranked by Market Cap
N/A Ranked by Stock Gains
N/A Ranked by Dividends

MEEC Stock Data

86.77M
65.88M
20.32%
9.87%
Facilities Support Services
Administrative and Support and Waste Management and Remediation Services
Link
United States
Corsicana

About MEEC

midwest energy emissions corp. delivers patented, cost-effective mercury capture solutions to coal-fired power plants and other large industrial coal-burning units. the company’s proprietary technology delivers a flexible, tunable solution that allows the global coal-power industry to comply with new, highly restrictive regulations on mercury air emissions with the least disruption to their current equipment and on-going operations, while preserving the ability to re-cycle fly-ash for beneficial use. with a strong focus on continuous innovation and industry foresight, our vision is to deliver leading-edge, cost-effective solutions for mercury emission control to utility boilers around the world.