Midwest Energy Emissions Corp. (OTCMKTS:MEEC) Stock on Rise After News

Midwest Energy Emissions Corp. (OTCMKTS:MEEC) announces that it has finalized a contract with an electric utility, generating interest from investors.

LEWIS CENTER, OH–(Marketwired – September 14, 2016) – Midwest Energy Emissions Corp. (MEEC) (“ME2C” or the “Company”), an emerging leader in mercury emissions control in North America, has secured a three-year contract with an electric utility. The utility has contracted for the latest commercialized product for ME2C’s proprietary Sorbent Enhancement Additive (SEA™) Technology.

This new “high sulfur-tolerant product” has been tested at numerous plants and now implemented on a large utility boiler that uses sulfur injected compounds to improve performance of the particulate control device, or electrostatic precipitator. This new product is part of the Company’s SEA technology system, which is currently installed and designed for continued operation over a 20+ year period.

John Pavlish, Chief Technology Officer of ME2C, stated: “The development of new products and techniques is what continues to position our company as the leading technology firm in the mercury control industry. This product, along with others that are currently in development, are fueling our growth and competitive advantage.”

“We expect that a number of additional prospective clients will benefit from replacing their present sorbent with our newly commercialized technology,” said Richard MacPherson, President and CEO of ME2C. “Our value proposition continues to expand as we introduce new solutions to the mercury control market to help customers overcome challenging operational or equipment limitation conditions at the plant level. We look forward to adding this technology to our toolset as we pursue the most robust pipeline of potential customers in the Company’s history.”

About Midwest Energy Emissions Corp. (ME2C)

Midwest Energy Emissions Corp. (MEEC) delivers patented and proprietary solutions to the global coal-power industry to remove mercury from power plant emissions, providing performance guarantees, and leading-edge emissions services. The U.S. Environmental Protection Agency (EPA) MATS rule, which has been subject to legal challenges, requires that all coal- and oil-fired power plants in the U.S., larger than 25 mega-watts, must remove roughly 90% of mercury from their emissions starting April 15, 2015. ME2C has developed patented technology and proprietary products that have been shown to achieve mercury removal levels compliant with MATS at a significantly lower cost and with less operational impact than currently used methods, while preserving the marketability of fly-ash for beneficial use. For more information, please visit www.midwestemissions.com.

ORIGINAL SOURCE

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Potential investors in Midwest Energy Emissions Corp. (OTCMKTS:MEEC) should be looking at the current and historical short data in order to get a glimpse of where the market believes the stock might be headed.  According to the most recent information, there are 14000 total short interest.  Given the stock’s average daily volume of 80149, this results in 0.1 days to cover.  In looking at the total shares short in respect to the total outstanding share total of 47520000, yields a 0.00029% of total shares that are short.  Compared to last month, this is a 1455.56 change in total short interest.

When investors engage in short selling or “shorting a stock”, they actually borrow shares from an existing owner, sell the borrowed shares at market price, and take the cash.  The short sellers then promise to replace the stock in the future and makes dividend payments out of their own pockets to cover the dividend income that is no longer exists on the original, now borrowed and sold, shares.

They hope that the stock price will fall or that the company will fail and go bankrupt, leading the equity holders to ruin.  The short sellers will then buy the stock back at a much lower price and replace the borrowed shares, pocketing the difference.

Shorting a stock can be very risky if the price doesn’t decline like planned and, in fact, increases.  It’s important for any investor to understand the dangers and potentially catastrophic financial losses of short selling.

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Midwest Energy Emissions Corp. (OTCMKTS:MEEC) shares closed the most recent session at $1.72, moving from the previous open of $0.16.  This is compared to the stock’s 52-week high of 1.75 and 52-week low of 0.28.  Is now the right time to take stake in the 87340000 market cap company?

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Disclaimer: The views, opinions, and information expressed in this article are those of the authors and do not necessarily reflect the official policy or position of any company stakeholders, financial professionals, or analysts. Examples of analysis performed within this article are only examples. They should not be utilized to make stock portfolio or financial decisions as they are based only on limited and open source information. Assumptions made within the analysis are not reflective of the position of any analysts or financial professionals.

 

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