|Bid||0.0000 x 0|
|Ask||0.0000 x 0|
|Day's Range||0.4200 - 0.4275|
|52 Week Range||0.1200 - 0.4400|
|Beta (3Y Monthly)||1.15|
|PE Ratio (TTM)||N/A|
|Forward Dividend & Yield||N/A (N/A)|
|1y Target Est||N/A|
Despite the challenges of the 2018 transitional year, Midwest Energy Emissions (MEEC) remains well positioned to benefit from the reduction of mercury emissions initiatives in the U.S, Canada and Europe. The recently reported financial results appear to indicate 1) that the company has turned the corner and 2) that in 2019 Midwest Energy’s top-line will return to growth. • Midwest Energy Emissions continues to generate revenues from its operationally-effective and cost-effective mercury emissions technology.
Over the last six months, the news flow from Midwest Energy Emissions (MEEC) has been significant and positive in regard to North American contracts and corporate initiatives. The European initiative (through the licensing agreement with Cabot) is expected to gain traction during the summer months of 2019, and management anticipates that some European contracts will be announced in the fall. The Licensing initiative continues to be pursued and has already led to a new customer contract.
Management has initiated a patent strategy in order to monetize aspects of SEA Technology that have been employed at over 100 EGUs. An IP (Intellectual Property) law firm has been retained and the company is pursuing the implementation of a licensing model that could provide significant top-line sorbent/additive sales and/or licensing revenues, both of which would enhance the company’s top and bottom lines. Midwest Energy Emissions (MEEC) has meaningful potential in Europe beginning in 2019 as a result of mercury control standards at coal-fired EGUs being fully enforced across Europe by mid-2020 with installation of equipment & testing starting in 2019.
On October 11, 2018, Midwest Energy Emissions (MEEC) announced that the company’s largest current customer extended its supply contract for an additional three years. Under the multi-million dollar, Midwest Energy Emissions will continue supplying its proprietary Sorbent Enhancement Additive (SEA®) so that the customer can cost-effectively achieve the mercury capture requirements mandated by MATS. Midwest Energy Emissions has meaningful potential in Europe beginning in 2019 as a result of mercury control standards at coal-fired EGUs being fully enforced across Europe by mid-2020 with installation of equipment & testing starting in 2019.