Wednesday, May 27, 2015

MEEC @ .55 Presenting @ 2 conf this wk...Ran up to .85 recently on very strong forecast...Finding footing back at .50....Recall they are winning customers following April 15th EPA mandate due to their patent.

 
Recent newsletter profile from www.greenbackers.com
 
 
Sent: Wednesday, May 27, 2015 10:12 AM
To: Undisclosed-Recipient:;
Subject: MEEC presenting at two conf this wk...Ran up to .85 earlier in spring on strong forecast...Finding footing back at .50....Recall they are winning customers following April 15th EPA mandate due to their patent.
 
MEEC 10:40am EDT 0.55 0.00 0.00% 0.55 0.55 1,800 47,895 22.25M
 
Closer focus on MEEC pullback at .50 as looks like it's starting to hold with 3 sharp jumps off it (or just under) back to upper .50s .  Also, the news has been stellar, especially the forecast.
 
 
 
First, The company is presenting at a prestigious conference this week.
 

LEWIS CENTER, OH / ACCESSWIRE / May 26, 2015 / Midwest Energy Emissions Corp.(MEEC), an emerging leader in mercury emissions control technology for the coal-power industry, announced today that the Company will be a featured presenter at the 2015 Marcum Microcap Conference, to be held May 27th and 28th at the Grand Hyatt in New York, and also will be a featured presenter at the LD Micro Invitational Conference, to be held June 1-3 at the Luxe Hotel in Los Angeles, CA.

Company management will be making a presentation at the Marcum Conference at 4:00pm EDT on Thursday May 28th, and will be available for one-on-one meetings with registered attendees of the conference throughout the day. The Company will also be making a presentation at the LD Micro Invitational Conference on Monday June 1st at 10am PDT, and will be available for one-on-one meetings with registered attendees of the conference throughout the event, June 1st through the 3rd.

About Midwest Energy Emissions Corp. (ME2C)

Midwest Energy Emissions Corp. delivers patented and proprietary solutions to the global coal-power industry to remove mercury from their power plant emissions, providing performance guarantees and leading edge emissions services. The U.S. Environmental Protection Agency's (EPA) Mercury and Air Toxic Standards (MATS) rule 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 16, 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.

 
 
 
 
Now, the news that sparked a recent breakout to mid .80s:


Today, Midwest Energy Emissions (MEEC) provided a general business update. Currently, the company has 15 electric generating units (EGUs) under contract for MATS compliance. Two EGUs have been operational since 2011 and another three injection systems have just been installed in April. During that month (the first month of the second quarter), combined product sales and consulting fees generated revenues of nearly $2 million resulting in the company's first profitable operating calendar month. This summer, six additional systems and two sorbent injection systems are schedule to be installed. 

Management estimates that product sales, equipment installations and consulting services will generate over $8 million in equipment sales during 2015, over $30 million in revenues in 2016 and over $110 million over the terms of existing contracts.

Last week, on May 15th, Midwest Energy Emissions reported results for the first quarter ending March 31, 2015. The company reported revenues of $243,344 for delivered product versus no revenues in the comparable quarter last year. We believe that the revenue was generated by product deliveries associated with operations at the two EGUs in the Pacific Northwest. During the first quarter, the company received unrecognized advance payments of $1,291,453 which increased deferred revenues on the balance sheet from $5,784,905 to $7,076,358. In the future, when the equipment is delivered and commissioned, the deferred revenues will be recognized as revenues on the income statement. ....Read More:  http://finance.yahoo.com/news/meec-midwest-energy-emissions-provides-174500597.html

 

NBT expanded in great detail over this news:

MEEC Midwest Energy Emissions Updates Total Contracted Revenues to Over $110 Million

By Tobin Smith | May 20, 2015, 7:49pm GMT

Midwest Energy Emissions (MEEC) provided shareholders a general business update today ahead of their annual 10K report.

In short, ALL systems are go with EPA's "MATS" mercury emission control compliance for about 25% of the US Coal Powered utility fleet…with the remaining 75% of the coal fired power generators over 25MW coming under MATS in April 2016.

  • MEEC's projected $100 million of contracted revenues with major utility companies over the next three years has grown to $110 million.

  • Currently, the company has 15 electric generating units (EGUs) under contract for MATS compliance. Two EGUs have been operational since 2011 and another three injection systems have just been installed in April.

  • April's combined product sales and consulting fees generated revenues of nearly $2 million resulting in the company's first profitable operating calendar month.

  • This summer, six additional systems and two sorbent injection systems are schedule to be installed. Management estimates that product sales, equipment installations and consulting services will generate over $8 million in equipment sales during 2015.

  • Product revenues of approximately $16 million annually are estimated to be the company's break-even point on a cash flow basis.

  • Management still anticipates becoming cash flow positive when full MATS compliance is achieved by its customers in 2016.

  • 2016: Over $30 million in revenues

  • 2015-2018: Over $110 million over the terms of existing contracted revenues.

  • Utilizing the mid-second quarter P/S ratio of 1.8 on projected 2016 sales of $34.9 million, Zacks Small Cap Research share price target remains $1.55.

Based on additional contract wins by we anticipate for MEEC primarily derived from its up to 50% guaranteed lower mercury compliance cost guarantee to Powder River coal fired power plants, our NBT Equities Research forecast for 2018 revenues..... Read more: 

http://bit.ly/1egI93a

NBT also expanded on a recent Zack Recommendation:

Zacks Gives Midwest Energy Emissions $1.55 Target—120%+ Gain in 6 Months
By Tobin Smith | May 18, 2015, 5:17pm GMT

Zacks Research agrees with NBT Equity Research—there are big profits ahead for MEEC shareholders.

With $100 million in already contracted revenues from large U.S. power utility companies, Zacks rates MEEC stock a buy with a $1.55 target based on just $34M of 2016 revenues ($which is a $40 million annual run rate as 75% of new business comes on around April 15, 2016).

According to Zacks:

Midwest Energy Emissions is well-positioned to benefit from the Congressionally-mandated implementation of MATS. The company has exclusive rights to SEA Technology for the reduction of mercury emissions by coal-fired electric generating units. The technology has been commercially deployed and provides many advantages, including low cost of operation,flexibility for optimization and preservation of fly ash marketability. With five utility customer contracts covering 15 EGUs, the company s top-line is poised to accelerate significantly over the next two years.

We initiate coverage with a Buy rating and $1.55 six month target.

See the entire report here.

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