GlyEco, Inc. (fka GLYE)

[jobynimble]

Nothing I'm aware of or remember...

[sharkriver]

Happy to see it. Not much attention paid to this stock normaly. Was there anything mentioned in the way of upcoming catalysts in the last quarter report that you might remember?

[jobynimble]

Nice little move on volume today, wonder if there's a story out somewhere?

[jobynimble]

PHOENIX, Oct. 7, 2013 (GLOBE NEWSWIRE) -- Waste management systems innovator GlyEco, Inc. (OTCQB:GLYE) ("GlyEco" or the "Company") today announced that the Company closed on $7.1 million in funding on September 28, 2013. TriPoint Global Equities and Security Research Associates acted as the Company's non-exclusive placement agents in connection with this offering.

The Company plans to use funds from this round to accelerate growth and the rollout of its patent-pending GlyEco Technology™, including:

•Capital equipment for facility upgrades
•Capital equipment to increase processing capacity
•Purchase of additional facilities
"This funding is a great vote of confidence in GlyEco's vision of shaping the glycol recycling market, as well as in the long-term potential of our company," stated John Lorenz, chairman and CEO of GlyEco. "We are well able to execute our plan for serious growth in this emerging industry."

"In about 12 months, the Company has achieved some major accomplishments. We have purchased and integrated seven recycling facilities and completed initial technology upgrades. We are able to cost-effectively produce Type 1 recycled glycol, and we have begun to expand services into untapped industries. We will continue to aggressively and carefully enact our plans to increase value for our shareholders."

GlyEco Technology™ improves recycled glycol quality to meet ASTM Type 1 standards – indistinguishable from refinery-grade glycol. This proprietary technology will allow GlyEco to expand its services beyond the used car antifreeze recycling market into four additional large industrial markets that create waste glycol, representing a multibillion-dollar market opportunity.

About TriPoint Global Equities

TriPoint Global Equities is a global investment banking firm headquartered in New York City. TriPoint executives have been helping growth companies to navigate the U.S. public markets for over two decades. The Company offers a broad range of services focused on assisting growth companies in the micro and small cap arena to achieve their expansion objectives. For more information, visit www.tripointglobalequities.com
About Security Research Associates

Security Research Associates (SRA) was founded in San Francisco in 1980 and today offers both investment banking and institutional brokerage services. A boutique firm by design, SRA works with a select group of portfolio managers from around the country and focuses on technology and life science companies in the micro and small cap arenas. For more information, visit www.sracap.com.

About GlyEco

GlyEco is a green chemistry company with a patent-pending technology for transforming a hazardous waste into green products. GlyEco Technology™ has the unique ability to clean the polluted glycols from all five waste-producing industries: HVAC, Textiles, Automotive, Airline and Medical. This technology recycles waste glycol to meet ASTM Type 1 specifications – the same level of purity expected of refinery-grade glycols.

This patent-pending technology enables our clients to handle the removal of their waste glycol in a responsible and environmentally safe manner. Our clients can treat glycols as a more sustainable resource, recycling and re-using waste glycols repeatedly. Since most polluted glycol is disposed of in our surface waters - which can have devastating results for the environment, especially aquatic life - the GlyEco Technology™ solution gives our customers a way to reduce waste while caring for the environment, while reducing their costs.

About Glycol Recycling

Recycling waste glycols presents an inventive solution to supply shortages and increasing costs for refinery-produced material. Global consumption for refinery-produced ethylene glycol is over 5.5 billion gallons per year and climbing. GlyEco Technology™ is uniquely able to process all five sources of waste glycols, opening new avenues of supply. With proper handling, glycols can be recycled and reused indefinitely, creating the opportunity to utilize this valuable material as a predominately sustainable resource.

Special Note Concerning Forward-Looking Statements

This release contains statements that may constitute "forward-looking statements" under the Private Securities Litigation Reform Act of 1995. These statements regard the intent, belief, and expectations of the Company. Prospective investors are cautioned that any such forward-looking statements are not guarantees of future performance, they involve risks and uncertainties, and their results may differ materially.

Paul Kuntz
RedChip Companies, Inc.
Tel: 1-800-RED-CHIP (733-2447), ext. 105

https://globenewswire.com/news-release/2013/10/07/578505/10051389/en/GlyEco-Completes-7-1-Million-Private-Placement.html

[jobynimble]

8-K filing...

Item 1.01 Entry into a Material Definitive Agreement.


To the extent required by Item 1.01 of Form 8-K, the information contained in Item 3.02 of this Form 8-K is hereby incorporated by reference into this Item 1.01.


Item 3.02 Unregistered Sales of Equity Securities.


As previously reported by GlyEco, Inc., a Nevada corporation (the “Company”), on a Current Report on Form 8-K filed by the Company with the Securities and Exchange Commission on August 21, 2013, the Company conducted an initial closing (the “Initial Closing”) of a private placement offering (the “Offering”) of units of the Company’s securities (the “Units”) on August 15, 2013, with each Unit being sold at a purchase price of $1.00 per Unit and consisting of (i) one share of the Company’s common stock, par value $0.0001 per share (“Common Stock”), and (ii) one-half of a warrant to purchase one share of Common Stock at an exercise price of $1.50 per share for a period of five years ( “Warrants”).

On September 30, 2013, the Company conducted the final closing of the Offering (the “Final Closing”).

In connection with the Final Closing of the Offering, the Company entered into subscription and warrant agreements with thirty-one (31) accredited investors and one (1) non-accredited investor (the “Investors”), pursuant to which the Company sold to the Investors, for an aggregate purchase price of $4,490,000, a total of 4,490,000 Units, consisting of 4,490,000 shares of Common Stock and Warrants to purchase up to 2,245,000 shares of Common Stock. The Warrants may be exercised at any time until the fifth anniversary of the date of issuance by surrendering a properly executed notice of exercise and the appropriate payment to the Company.

The Company utilized the services of FINRA registered placement agents (the “Placement Agents”) during the Offering. In connection with the Final Closing, the Company paid an aggregate cash fee of approximately $107,050 to the Placement Agents and shall issue to the Placement Agents warrants or options to purchase up to approximately 115,850 shares of Common Stock at an exercise price of $1.50 per share.

The net proceeds to the Company from the Final Closing, after deducting the foregoing cash fee and other expenses related to the Offering, are expected to be approximately $4,382,950. When combined with the proceeds from the Initial Closing, the aggregate gross proceeds to the Company for the entire Offering are expected to be approximately $6,838,450.

The securities issued in connection with the Final Closing of the Offering have not been registered under the Securities Act of 1933, as amended (the “Securities Act”), and were made pursuant to the exemptions from registration provided by Section 4(2) of the Securities Act or Rule 506 of Regulation D promulgated thereunder. Such securities are therefore restricted in accordance with Rule 144 under the Securities Act. The foregoing conclusion is based on the following: (i) the issuances did not involve any public offering, (iii) the Company and the Placement Agents made no solicitation in connection with the Offering other than communications with the Investors, (iii) the Company obtained representations from the Investors regarding their investment intent, knowledge and experience, and that they were acquiring the securities for their own account, not as nominee or agent, and not with a view to the resale or distribution of any part thereof in violation of securities laws, (iv) the Investors either received or had access to adequate information about the Company in order to make informed investment decisions, (v) the Company reasonably believed that the Investors are capable of evaluating the merits and risks of their investment and (vi) the securities will be issued with restricted legends.


The foregoing information has been disclosed herein as it is material to the Offering, and this Current Report on Form 8-K should not be construed as an offer to sell or the solicitation of an offer to buy any securities. The securities described herein have not been registered under the Securities Act or applicable state securities laws and may not be offered or sold in the United States or any state thereof absent registration under the Securities Act and applicable state securities laws or an applicable exemption from registration requirements.

http://www.sec.gov/Archives/edgar/data/931799/000118518513002168/glyeco8k100413.htm

[jobynimble]

I'm in for the long haul. And GLYE is a real sleeper but if they continue growing and start showing it to the bottom line, then the market will eventually recognize it, imo...

[AKAPAK]

GLYE you have been following for this for quite awhile:

They can't seem to get any market interest no matter what news they put out - what do you think about their future?

Will take input and not bash, unless it will raise the price if you are in :)

[jobynimble]

Press Release

Oct. 3, 2013, 8:05 a.m. EDT

GlyEco Completes Acquisition of GSS Automotive Recycling

PHOENIX, Oct 03, 2013 (GLOBE NEWSWIRE via COMTEX) -- Sustainable glycol technologies leader GlyEco, Inc. (otcqb:GLYE) ("GlyEco" or the "Company") has completed the acquisition of GSS Automotive Recycling, Inc. ("GSS"), based in Landover, Maryland.

GSS is a leader in the glycol recycling industry, serving over 1,500 customers in the Mid-Atlantic region. The business is known for its outstanding customer service and top-quality recycled antifreeze products. The company was founded in 1997 by owner John Stein, who brings over 25 years of management experience to the organization. Joe Getz, who became a partner in the business in 1998, brings over 31 years of management experience. Mr. Stein and Mr. Getz will continue to manage day-to-day operations at the facility.

"The acquisition of GSS significantly expands our production capabilities," stated John Lorenz, chairman and CEO of GlyEco. "With a proven management team, large customer base, and reputation for delivering high-quality products, GSS is a great addition to our growing network of facilities. Our next step will be to ramp sales while we implement our Type 1 processing technology."

About GlyEco

GlyEco is a green chemistry company with a patent-pending technology for transforming a hazardous waste into green products. GlyEco Technology(TM) has the unique ability to clean the polluted glycols from all five waste-producing industries: HVAC, Textiles, Automotive, Airline and Medical. This technology recycles waste glycol to meet ASTM Type 1 specifications - the same level of purity expected of refinery-grade glycols.

This patent-pending technology enables our clients to handle the removal of their waste glycol in a responsible and environmentally safe manner. Our clients can treat glycols as a more sustainable resource, recycling and re-using waste glycols repeatedly. Since most polluted glycol is disposed of in our surface waters - which can have devastating results for the environment, especially aquatic life - the GlyEco Technology(TM) solution gives our customers a way to reduce waste while caring for the environment, while reducing their costs.

About Glycol Recycling

Recycling waste glycols presents an inventive solution to supply shortages and increasing costs for refinery-produced material. Global consumption for refinery-produced ethylene glycol is over 5.5 billion gallons per year and climbing. GlyEco Technology(TM) is uniquely able to process all five sources of waste glycols, opening new avenues of supply. With proper handling, glycols can be recycled and reused indefinitely, creating the opportunity to utilize this valuable material as a predominately sustainable resource.

Special Note Concerning Forward-Looking Statements

This release contains statements that may constitute "forward-looking statements" under the Private Securities Litigation Reform Act of 1995. These statements regard the intent, belief, and expectations of the Company. Prospective investors are cautioned that any such forward-looking statements are not guarantees of future performance, they involve risks and uncertainties, and their results may differ materially.

http://www.marketwatch.com/story/glyeco-completes-acquisition-of-gss-automotive-recycling-2013-10-03?reflink=MW_news_stmp

[jobynimble]

Will have to do further checking...

[sharkriver]

Any thoughts about this competion?http://www.fccenvironmental.com/recycling_resource_recovery/rr_antifreeze_recycling.html

[jobynimble]

Revenue increased 719% year-over-year

Conference call scheduled for Monday, August 19 at 4:30 p.m. ET

PHOENIX, Aug. 15, 2013 (GLOBE NEWSWIRE) -- Green Chemistry innovator GlyEco, Inc. (OTCQB:GLYE) ("GlyEco" or the "Company") announced its financial results for the second quarter ended June 30, 2013.

Second Quarter 2013 Financial Summary – Q2 2013 over Q2 2012

•Net sales increased 719% to $1.4 million, up from $173,117
•Gross profit increased 1,210% to $475,609, up from $36,301
•Gross profit margin increased to 34%, up from 21%
•Net loss decreased 61% to $199,435, down from a loss of $506,911
•Net loss per share decreased 50% to $0.01 per share, down from a loss of $0.02 per share
•Shareholders' equity increased 54% to $5.3 million, up from $3.4 million
"Our impressive financial results for the second quarter reflect the successful integration of the acquisitions we completed in late 2012," stated John Lorenz, chairman and CEO of GlyEco. "While we are very pleased with results to date, we're still in the early stage of setting the foundation for even better performance. Accomplishments since the close of the second quarter position GlyEco for solid revenue acceleration in the quarters ahead. In the past several weeks, we've completed our initial GlyEco Technology™ upgrades at our New Jersey facility, and we can now produce commercial quantities of Type 1, or refinery grade, glycol. We've also secured a supply agreement with industry giant Waste Management, are near completion on two additional acquisitions and continue to make progress on our overall Phase 1 upgrade plan."

Mr. Lorenz continued, "I want to thank our various stakeholders for their continued support. Together we can make a major impact in the waste industry while creating immense shareholder value. As our efforts gain further traction, we continue to follow through on plans to expand our footprint domestically while exploring strategic partnerships internationally. I look forward to sharing more details of our recent developments in the coming months. Our biggest successes still lie ahead."

Conference Call

GlyEco will host a conference call on Monday, August 19, with CEO John Lorenz and CFO Alicia Williams Young at 4:30 p.m. Eastern time (1:30 p.m. Pacific time). To participate in the call, please dial [phone], or [phone] for international calls, approximately 10 minutes prior to the scheduled start time.

A replay of the call will be available for two weeks from 7:30 p.m. ET on August 19, 2013, until 11:59 p.m. ET on September 2, 2013. The number for the replay is [phone], or [phone] for international calls; the passcode for the replay is 4636193.

About GlyEco

GlyEco is a green chemistry company with a patent-pending technology for transforming a hazardous waste into green products. GlyEco Technology™ has the unique ability to clean the polluted glycols from all five waste-producing industries: HVAC, Textiles, Automotive, Airline and Medical. This technology recycles waste glycol to meet ASTM Type 1 specifications – the same level of purity expected of refinery grade glycols.

This patent-pending technology enables our clients to handle the removal of their waste glycol in a responsible and environmentally safe manner. Our clients can treat glycols as a more sustainable resource, recycling and re-using waste glycols repeatedly. Since most polluted glycol is disposed of in our surface waters - which can have devastating results for the environment, especially aquatic life - the GlyEco Technology™ solution gives our customers a way to reduce waste while caring for the environment, while reducing their costs.

About Glycol Recycling

Recycling waste glycols presents an inventive solution to supply shortages and increasing costs for refinery-produced material. Global consumption for refinery produced ethylene glycol is over 5.5 billion gallons per year and climbing. GlyEco Technology™ is uniquely able to process all five sources of waste glycols, opening new avenues of supply. With proper handling, glycols can be recycled and reused indefinitely, creating the opportunity to utilize this valuable material as a predominately sustainable resource.

Special Note Concerning Forward-Looking Statements

This release contains statements that may constitute "forward-looking statements" under the Private Securities Litigation Reform Act of 1995. These statements regard the intent, belief, and expectations of the Company. Prospective investors are cautioned that any such forward-looking statements are not guarantees of future performance, they involve risks and uncertainties, and their results may differ materially.

Paul Kuntz
RedChip Companies, Inc.
Tel: 1-800-RED-CHIP (733-2447), ext. 105

[Chili Palmer]

Fuld’s tiny stock is penny from heaven

http://www.nypost.com/p/news/business/fuld_tiny_stock_is_penny_from_heaven_vlvjb3C5SEZjEBUwSEmCWP

[jobynimble]

Filed last Weds. 6/19/13

SCHEDULE 14A

http://www.sec.gov/Archives/edgar/data/931799/000118518513001319/glyeco-def14a061913.htm

[jobynimble]

SANTA MONICA, Calif., June 12, 2013 (GLOBE NEWSWIRE) -- Equities.com, Inc., the Global Financial Network and the world's premiere social community for self-directed investors and public companies, has made available on its website exclusive video interviews of public companies' CEOs conducted at the Marcum MicroCap Conference with key executives of publicly-traded emerging-growth companies. Hosted by the Equities.com editorial staff, the video interviews cover relevant topics across a wide range of industries.

Focused on increasing awareness of developments occurring across diverse industries, Equities.com aims to empower investors with real-time news, data, and resources for smart, successful investing. Featured companies from this project were:

•Document Security Systems (NYSE:DSS) Click here for interview
•Elephant Talk Communications (AMEX:ETAK) Click here for interview
•Galaxy Gaming, Inc. (OTC:GLXZ) Click here for interview
•GlyEco, Inc. (OTC:GLYE) Click here for interview
•LCA-Vision, Inc. (Nasdaq:LCAV) Click here for interview
See all video interviews on Equities Media (http://www.equities.com/mining-minerals-conference-interviews-2013/)

About Equities.com, Inc.

Equities.com is an online financial resource platform that provides global financial news, data, research, education and interactive networking capability. The site covers a broad spectrum of market sectors and investment types. Through its proprietary platform, equities.com enables publicly listed companies and the investment community to connect and network directly. Equities.com provides an interactive dimension that makes it possible for companies to access their online corporate profile to keep current and updated. Issuer companies will also be able to communicate directly with current and prospective investors by actively sharing and disseminating news releases, videos, blogs and more on the platform.

Disclaimer

This press release may include forward-looking statements that involve risks and uncertainties. Forward-looking statements are statements that are not historical facts and are subject to risks and uncertainties, which could cause actual results to differ from the forward-looking statements. To read our full disclosure, please go to:http://www.equities.com/disclaimer

Equities.com, Inc.

www.equities.com

http://globenewswire.com/news-release/2013/06/12/553741/10036157/en/Equities-com-Announces-Exclusive-Video-Interviews-of-Public-Companies.html

[jobynimble]

GlyEco Expands Glycol Recycling Services Into Textile Industry

PHOENIX, June 5, 2013 /PRNewswire/ -- Sustainable glycol technologies leader GlyEco, Inc. (OTCQB: GLYE) ("GlyEco" or the "Company") has completed initial plant upgrades at its South Carolina plant and successfully processed and sold several thousand gallons of waste glycol sourced from the textile industry.

The worldwide textile industry is the largest consumer of monoethylene glycol, with demand exceeding 3.8 billion gallons annually. Glycols are used to create polyester fiber chips, the base material in plastic food and beverage containers, as well as polyester fabrics, carpets, and upholstery.

"We've made tremendous progress on our plant upgrades. I am very proud of what we have accomplished as a team, but I am even more excited about the opportunities that lie ahead, driven by customer needs in underserved markets," said John Lorenz , chairman and CEO of GlyEco. "We are well positioned to offer a real solution designed to help our customers create more environmentally friendly products, all while protecting their businesses from the threat of damage caused by improper waste glycol disposal."

Mr. Lorenz continued, "The waste glycol created by polyester manufacturing is difficult to clean. Most glycol recycling methods cannot remove all of the potentially deadly pollutants, while more effective processes don't make economic sense. As a result, textile manufacturers have very limited options for disposal, and at best this material ends up in a landfill. We intend to change that."

About GlyEco

GlyEco is a green chemistry company with a patent-pending technology for transforming a hazardous waste into green products. GlyEco Technology™ has the unique ability to clean the polluted glycols from all five waste-producing industries: HVAC, Textiles, Automotive, Airline and Medical. This technology recycles waste glycol to meet ASTM Type 1 specifications – the same level of purity expected of refinery-grade glycols.

This patent-pending technology enables our clients to handle the removal of their waste glycol in a responsible and environmentally safe manner. Our clients can treat glycols as a more sustainable resource, recycling and re-using waste glycols repeatedly. Since most polluted glycol is disposed of in our surface waters - which can have devastating results for the environment, especially aquatic life - the GlyEco Technology™ solution gives our customers a way to reduce waste while caring for the environment, while reducing their costs.

For more information about GlyEco, visit http://www.glyeco.com.

About Glycol Recycling


Recycling waste glycols presents an inventive solution to supply shortages and increasing costs for refinery-produced material. Global consumption for refinery-produced ethylene glycol is over 5.5 billion gallons per year and climbing. GlyEco Technology™ is uniquely able to process all five sources of waste glycols, opening new avenues of supply. With proper handling, glycols can be recycled and reused indefinitely, creating the opportunity to utilize this valuable material as a predominately sustainable resource.

Special Note Concerning Forward-Looking Statements

This release contains statements that may constitute "forward-looking statements" under the Private Securities Litigation Reform Act of 1995. These statements regard the intent, belief, and expectations of the Company. Prospective investors are cautioned that any such forward-looking statements are not guarantees of future performance, they involve risks and uncertainties, and their results may differ materially.

Contact:

Tom O'Day
RedChip Companies, Inc.
Tel: 1-800-RED-CHIP (733-2447), ext. 131
Email: [e-mail]








SOURCE GlyEco, Inc.



RELATED LINKS
http://www.glyeco.com/

http://www.prnewswire.com/news-releases/glyeco-expands-glycol-recycling-services-into-textile-industry-210246611.html

[sharkriver]

[jobynimble]

Still time to listen to the replay if you missed the cc...

A replay of the call will be available for two weeks from 7:00 p.m. ET on May 20, 2013, until 11:59 p.m. ET on June 3, 2013. The number for the replay is [phone], or [phone] for international calls; the passcode for the replay is 4620504.

[jobynimble]

10-Q filing...

http://www.sec.gov/Archives/edgar/data/931799/000118518513001138/glyeco10q033113.htm

[jobynimble]

Three year chart...

[jobynimble]

GlyEco Announces First Quarter Financial Results and Conference Call Details

Revenue increased 194.3% year-over-year; conference call scheduled for Monday, May 20 at 4:00 p.m. ET

PHOENIX, May 16, 2013 /PRNewswire/ -- Green Chemistry innovator GlyEco, Inc. (OTCQB: GLYE) ("GlyEco" or the "Company") announced its financial results for the first quarter ended March 31, 2013.

First Quarter 2013 Financial Summary – Q1 2013 over Q1 2012

•Net Sales increased 194.3% to $1.2 million, up from $418,817
•Gross Profit increased 34.1% to $67,085, up from $50,033
•Shareholders' equity increased 91.3% to $6.5 million, up from $3.4 million
"The first quarter of 2013 was a period of multiple important achievements for GlyEco," stated John Lorenz , chairman and CEO of GlyEco. "We have successfully begun integration of the acquisitions we completed in late 2012, while making significant progress implementing Phase 1 of our technology upgrades. We expect the upcoming rollout of our breakthrough recycling technology to accelerate revenue growth in 2013. As we continue to expand our customer base, we are strongly positioned to lead this transformative era in the glycol recycling market."

GlyEco completed its acquisition of five glycol recyclers in Q4 2012. The Company intends to upgrade these businesses with GlyEco Technology, improving production capabilities and increasing processing capacity. The Company is currently in the process of upgrading facilities, including its New Jersey facility, and is on schedule to begin producing Type 1 material in June or July. Upon completion of plant upgrades, management plans to ramp up production volumes, doubling run rates. The Company plans to upgrade, expand and implement its GlyEco Technology at the other facilities as feedstock sources and volumes expand.

2013 Objective Snapshot

"Over the next few quarters, we will focus on integrating and increasing the sales of our recent acquisitions while completing the implementation of our Type 1 glycol recycling technology," continued Mr. Lorenz. "We continue to explore additional acquisition targets with the potential to add revenue and profitability, and we are finalizing the details of additional acquisitions, which will be announced in the coming weeks. Internationally, we are exploring strategic partnerships to implement our GlyEco Technology in Europe, Asia, Mexico, and South America. We believe our business strategy will result in substantial top- and bottom-line growth for the Company, leading to long-term shareholder value."

Conference Call

GlyEco will host a conference call on Monday, May 20, with CEO John Lorenz and CFO Alicia Williams Young at 4:00 p.m. Eastern time (1:00 p.m. Pacific time). To participate in the call, please dial [phone], or [phone] for international calls, approximately 10 minutes prior to the scheduled start time.

A replay of the call will be available for two weeks from 7:00 p.m. ET on May 20, 2013, until 11:59 p.m. ET on June 3, 2013. The number for the replay is [phone], or [phone] for international calls; the passcode for the replay is 4620504.

About GlyEco

GlyEco is a green chemistry company with a patent-pending technology for transforming a hazardous waste into green products. GlyEco Technology™ has the unique ability to clean the polluted glycols from all five waste-producing industries: HVAC, Textiles, Automotive, Airline and Medical. This technology recycles waste glycol to meet ASTM Type 1 specifications – the same level of purity expected of refinery grade glycols.

This patent-pending technology enables our clients to handle the removal of their waste glycol in a responsible and environmentally safe manner. Our clients can treat glycols as a more sustainable resource, recycling and re-using waste glycols repeatedly. Since most polluted glycol is disposed of in our surface waters - which can have devastating results for the environment, especially aquatic life - the GlyEco Technology™ solution gives our customers a way to reduce waste while caring for the environment, while reducing their costs.

About Glycol Recycling
Recycling waste glycols presents an inventive solution to supply shortages and increasing costs for refinery-produced material. Global consumption for refinery produced ethylene glycol is over 5.5 billion gallons per year and climbing. GlyEco Technology™ is uniquely able to process all five sources of waste glycols, opening new avenues of supply. With proper handling, glycols can be recycled and reused indefinitely, creating the opportunity to utilize this valuable material as a predominately sustainable resource.

Special Note Concerning Forward-Looking Statements

This release contains statements that may constitute "forward-looking statements" under the Private Securities Litigation Reform Act of 1995. These statements regard the intent, belief, and expectations of the Company. Prospective investors are cautioned that any such forward-looking statements are not guarantees of future performance, they involve risks and uncertainties, and their results may differ materially.

Contact:

Tom O'Day
RedChip Companies, Inc.
Tel: 1-800-RED-CHIP (733-2447), ext. 131
Email: [e-mail]


SOURCE GlyEco, Inc.



RELATED LINKS
http://www.glyeco.com

http://www.prnewswire.com/news-releases/glyeco-announces-first-quarter-financial-results-and-conference-call-details-207690971.html

[jobynimble]

GlyEco To Present At The Second Annual Marcum MicroCap Conference

PHOENIX, May 15, 2013 /PRNewswire/ -- GlyEco, Inc. (OTC Markets: GLYE) announced today that its chairman and CEO, John Lorenz , and chief financial officer, Alicia Williams Young , will present at the Second Annual Marcum MicroCap Conference on Thursday, May 30, 2013 in New York City at the Grand Hyatt Hotel.

The Company's presentation is scheduled to begin at 4:00 p.m. EDT and will be available via a live webcast. To access the webcast, go to http://wsw.com/webcast/marcum/glye/.

For more information and to register for the event, please visit the conference website: http://www.marcumllp.com/microcap.

About GlyEco, Inc.

GlyEco is a green chemistry company with a patent-pending technology for transforming a hazardous waste into green products. GlyEco Technology™ has the unique ability to clean the polluted glycols from all five waste-producing industries: HVAC, Textiles, Automotive, Airline and Medical. This technology recycles waste glycol to meet ASTM Type 1 specifications – the same level of purity expected of refinery-grade glycols.

This patent-pending technology enables our clients to handle the removal of their waste glycol in a responsible and environmentally safe manner. Our clients can treat glycols as a more sustainable resource, recycling and re-using waste glycols repeatedly. Since most polluted glycol is disposed of in our surface waters - which can have devastating results for aquatic life - the GlyEco Technology™ solution gives our customers a way to reduce waste while caring for the environment, and reducing their costs.

About Marcum LLP

Marcum LLP is one of the largest independent public accounting and advisory services firms in the nation. Ranked among the top 15, Marcum LLP offers the resources of 1,000 professionals, including over 125 partners, in more than 20 offices throughout New York, New Jersey, Massachusetts, Connecticut, Pennsylvania, California, Florida, Grand Cayman and China. Headquartered in New York City, the Firm's presence runs deep with full-service offices strategically located in major business markets. Marcum is a member of the Marcum Group, an organization providing a comprehensive range of professional services spanning accounting and advisory, technology solutions, wealth management, and executive and professional recruiting. The Marcum Group companies include Marcum LLP; Marcum Technology LLC; Marcum Search LLC; Marcum Financial Services LLC; Marcum Bernstein & Pinchuk LLP; MarcumBuchanan Associates LLC; and Marcum Cronus Partners LLC.

Investor or Corporate Contacts:
GlyEco, Inc.
Janet Carnell Lorenz
[phone]
[e-mail]

RedChip Companies, Inc.
Tom O'Day
1-800-RED-CHIP (733-2447), ext. 131
[e-mail]

http://www.prnewswire.com/news-releases/glyeco-to-present-at-the-second-annual-marcum-microcap-conference-207602551.html

[sharkriver]

Owning a company as it turns to black sounds like a sweet place to be. I love this story.

[~S.B.A.~]

During the conference call, Alicia Williams, the Company's Interim Chief Financial Officer, indicated that the Company will be profitable beginning in the third quarter of the current fiscal year. Ms. Williams projected the Company's revenues for 2013 to be approximately $10 million to $12 million with an EBITDA of $1.5 million to $2 million, and the Company's revenues for 2014 to be approximately $45 million to $50 million, of which it is anticipated that $30 million to $40 million will be attributable to the production of Type I material, with an EBITDA of $13 million to $16 million.

[jobynimble]

Volume precedes price?

[sharkriver]

A lot of volume. No direction?

[mick]

[jobynimble]

Yes, mick, alot of potential here...

Going through the same with my hips...

[mick]

reading your message, lot of potential.

hip been big problem for me.

wife therapy for her arm and shoulder.

[jobynimble]

GlyEco Announces Fiscal 2012 Financial Results and Conference Call Details
Revenue increased 53.6% year-over-year; shareholder equity turns positive


PHOENIX, April 22, 2013 /PRNewswire/ -- Green Chemistry innovator GlyEco, Inc. (OTCQB: GLYE) ("GlyEco" or the "Company") announced its financial results for the fiscal year ended December 31, 2012.

2012 Financial Summary – FY 2012 over FY 2011

•Net Sales Increased 53.6%
•Gross Profits Increased 52.5%
•Gross margins unchanged at 19%
"GlyEco achieved several major milestones during fiscal 2012 and over the past few months," stated John Lorenz , chairman and CEO of GlyEco. "By completing our funding and finalizing our first round of acquisitions, GlyEco has become the largest independent glycol recycler in the world. We believe the growth pace will accelerate in 2013 as we seek to become a global company and intensify our efforts to improve shareholder value."

GlyEco completed its acquisition of four glycol recyclers during Q4 2012. The Company has operations in six facilities and has signed agreements to acquire the assets of three additional recycling businesses. The Company intends to upgrade these businesses with GlyEco Technology, improving production capabilities and increasing processing capacity.

2013 Objective Snapshot

"Our near-term goal is to complete the Phase 1 implementation of our GlyEco Technology," continued Mr. Lorenz. "We are also working to integrate each facility into our overall operating structure while increasing profits. Additionally, we continue to work toward expansion into underserved industries and markets, both domestically and internationally. Together we believe these measures will build a substantial foundation for sustained long-term growth for GlyEco."

Conference Call

GlyEco will host a conference call Thursday, April 25, with CEO John Lorenz and CFO Alicia Williams at 4:00 p.m. Eastern time (1:00 p.m. Pacific time). To participate in the call, please dial [phone], or [phone] for international calls, approximately 10 minutes prior to the scheduled start time.

A replay of the call will be available for two weeks from 7:00 p.m. ET on April 25, 2013, until 11:59 p.m. ET on May 9, 2013. The number for the replay is [phone], or [phone] for international calls; the passcode for the replay is 4615658.

About GlyEco

GlyEco is a green chemistry company with a patent-pending technology for transforming a hazardous waste into green products. GlyEco Technology™ has the unique ability to clean the polluted glycols from all five waste-producing industries: HVAC, Textiles, Automotive, Airline and Medical. This technology recycles waste glycol to meet ASTM Type 1 specifications – the same level of purity expected of refinery grade glycols.

This patent-pending technology enables our clients to handle the removal of their waste glycol in a responsible and environmentally safe manner. Our clients can treat glycols as a more sustainable resource, recycling and re-using waste glycols repeatedly. Since most polluted glycol is disposed of in our surface waters - which can have devastating results for the environment, especially aquatic life - the GlyEco Technology™ solution gives our customers a way to reduce waste while caring for the environment, while reducing their costs.

About Glycol Recycling
Recycling waste glycols presents an inventive solution to supply shortages and increasing costs for refinery-produced material. Global consumption for refinery produced ethylene glycol is over 5.5 Billion gallons per year and climbing. GlyEco Technology™ is uniquely able to process all five sources of waste glycols, opening new avenues of supply. With proper handling, glycols can be recycled and reused indefinitely, creating the opportunity to utilize this valuable material as a predominately sustainable resource.

Special Note Concerning Forward-Looking Statements

This release contains statements that may constitute "forward-looking statements" under the Private Securities Litigation Reform Act of 1995. These statements regard the intent, belief, and expectations of the Company. Prospective investors are cautioned that any such forward-looking statements are not guarantees of future performance, they involve risks and uncertainties, and their results may differ materially.

Contact:

Tom O'Day
RedChip Companies, Inc.
Tel: 1-800-RED-CHIP (733-2447), ext. 131
Email: [e-mail]


SOURCE GlyEco, Inc.



RELATED LINKS
http://www.glyeco.com

http://www.prnewswire.com/news-releases/glyeco-announces-fiscal-2012-financial-results-and-conference-call-details-204075861.html

[Potomac]

I've been told I have a warped sense of humor....Lol

[jobynimble]

Haha, I glanced at it and was going to read in detail this weekend

[Potomac]

Read the stickies and you will find your answer....

[jobynimble]

Dunno, I'd call them and ask...

[sharkriver]

It is stated in the index that the New Jersey facility is being run by Full circle corparation. Who are they? Are they an experienced recyler they have brought in? If so I wonder why they don't do it themselves with the staff from the company they just bought. Thoughts?

[jobynimble]

10-K filing out...

http://www.sec.gov/Archives/edgar/data/931799/000118518513000856/glyeco10k123112.htm

[sharkriver]

Lehman brothers was one of the first in the finantial collapse. I guess he is not well thought of. Can't find the write up. Not really an artical.http://investing.businessweek.com/research/stocks/people/person.asp?personId=548100&ticker=GLYE

[jobynimble]

What would be negative? I haven't seen the Yahoo story...

[sharkriver]

Thanks for posting back smitty. Was raised in north jersey. been gone a long time. there was a yahoo news item about a former Leamon Brothers executive joining up with Glyco. Sounded negative. Any thoughts on him? bad or good? how about you joby? what do you think?

[smitty355ci]

Thanks sharkriver, well said, my hopes are this company models itself completely after waste mangmnt, you couldnt have asked for a better success story from all of the people who were long term investors and made a boatload from waste mangmnt, with that said, this to is my hopes for glyeco. I live in south jersey and the whole tri-city area is a perfect location for this type of industy, of course thats just my opinion. I also work in the chemical industry and im quite familiar with waste disposal and the cost, so I cant help but think alot of industries are gonna jump all over this because the savings should really add up when you look at what the cost of disposal is compared to someone taking it away for free or at a minimal cost, which is in turn basically a free raw material for us investors. It doesnt get any better than that, I hope to see HUGE returns on my investment. Thanks again for the reply!!!

[sharkriver]

Heard that, about the wife. I am admittedley an amature. The companys i invest in are usualy speculative. Call me greedy but I am looking for the next big thing.I know that most of them will not make it to the big time. I am ok with that because the one or two that do will make up for the rest. I think this stock has risks Mainly in the patent protection department for the technology used to clean the glycol. The other would be in my opinion the accepance of the market of the glycol as good as pure. There are issues in a fast growing company keeping all the spinning plates on the poles at one time. The ceo has a great repution for his handling of the waste treatment company he nurtured in the past.The float is small. good for fast moves up or down. I dont know much about what they are paying him or if he uses the company as his own little piggy bank as so many do. Love to hear some input on that. I think the market is there and the feedstock is priced at little or nothing. The jersey plant is in a great location for shipping and has plenty of storage. I worry a little about spills and lawsuits.I, like you would like to hear from smarter people than me that this is a winner or if there is somethng that i am not seeing. Good help us if the short manipulators show up on this board.They seen to go after the companys I choose. Write back Smitty, Tell us what you think.

[smitty355ci]

Im new to ihub and investing, but ive had my eye on glye for about a year now and just invested a large chunk of my savings into this company. To me it looks as if glye has good management and have made alot of resent aquisitions. I guess im looking for alot of reassurance/info from other glye investors, that this was a good investment. I realize buying any stock is a gamble, BUT my gut is telling me its a good one, I hope or the wife isnt going to be very happy,lol.

[jobynimble]

You're welcome...

Not many followers but that should change with time, imo...

[sharkriver]

Thanks joby, I think this company is a great story with a bright future,(then again, I've been wrong before) so why so little dissussion, excitment, debate? is weird. Am I missing something?

[jobynimble]

This board is the only one I know of...

[sharkriver]

Hey, whats up with the volume? News we don't know about yet? also are there any other boards to talk about glye? thanks.

[jobynimble]

Notification of late filing NT 10-K

http://www.sec.gov/Archives/edgar/data/931799/000118518513000746/glyeco-nt10k123112.htm

[grnbkrboy]

GlyEco (GLYE) Raises $6.2 Million To Dominate the Multi $Billion Glycol Recycling World

With the announced completion of an additional $1.7 million in financing, GlyEco (GLYE) has raised $6.2 million to maintain its rapid consolidation strategy of the multi-$billion glycol recycling space. GlyEco plans to use the proceeds from this offering to accelerate its aggressive growth plan, including investments in initial facility upgrades and increased processing capacity.

John Lorenz, chairman and CEO of GlyEco says, “Our top priority is to complete the first phase of technology upgrades and begin production of Type 1 Certified Recycled Glycols. Our customers are eagerly anticipating this new recycled product, and we intend to deliver it to them during the second quarter of 2013 or sooner.”

GlyEco is our #1 Economic Clean Technology stock for 2013. We are currently updating our financial model and research report on GLYE—they raised MORE money than we anticipated and will now grow FASTER than we anticipated. What we can say is the first quarter of 2013 SHOULD be EBITDA positive as their overhead/burn rate is very low (as in $15k a month) and ALL the acquisitions they have announced and closed are EBITDA accretive.

Click here to read more...
http://nbtequitiesresearch.com/t/l/1AOnWXo3knHVOX9

via greenbackers.com newsletter

[mick]

as a;ways i see good reads.

[jobynimble]

Here is the Glyeco interview from Redchip.com...

[jobynimble]

Manager of Royce Funds to Appear on This Week's "The RedChip Money Report"
Date : 02/15/2013 @ 12:58PM
Source : GlobeNewswire Inc.
Stock : Glyeco, Inc. (QB) (GLYE)
Quote : 1.2 0.0 (0.00%) @ 10:40AM

Manager of Royce Funds to Appear on This Week's "The RedChip Money Report"

RedChip Companies, Inc. ("RedChip"), an international small-cap research, investor relations, and media company, today announced that "The RedChip Money Report"™ television program will feature three emerging growth companies nationally on Fox Business News, Saturday, February 16, 2013 at 2:30 p.m. Eastern.

Fox Business News is a premium business network reaching more than 65 million homes nationwide. Among all cable networks, Fox Business News' viewership ranks second only to Bloomberg in affluence.

This week's show features interviews with Dr. Robin Smith, Chairman and CEO of NeoStem, Inc. (NYSE MKT:NBS), a stem cell therapy company; John Lorenz, Chairman and CEO of GlyEco, Inc. (OTCQB:GLYE), a green technology company that recycles hazardous waste into green products; and Brad Pyatt, founder and CEO of MusclePharm Corp. (OTCQB:MSLP). The show also features an interview with Bill Hench, portfolio manager for Royce & Associates, LLC, the investment adviser to The Royce Funds, an investment management firm focused on small-cap value investing.

"The RedChip Money Report"™ delivers insightful commentary on small-cap investing, interviews with Wall Street analysts, financial book reviews, as well as featured interviews with executives of public companies. The show is hosted by Dave Gentry, a leading authority on small-cap stocks and president of RedChip, an international small-cap research firm and an Inc. 5000 company. Mr. Gentry has made multiple guest appearances on both CNBC and Fox Business News and has been a consultant to hundreds of public companies.

The weekly program first aired on October 20, 2012 on My Family TV. In addition to My Family TV and Fox Business News, the show also airs weekly on TUFF TV.

About RedChip Companies, Inc.

RedChip Companies, an Inc. 5000 company, is an international small-cap research, investor relations, and media company headquartered in Orlando, Florida; with affiliate offices in San Francisco, Seoul, Hong Kong and Singapore. RedChip delivers concrete, measurable results for its clients through its extensive global network of small-cap institutional and retail investors. RedChip has developed the most comprehensive platform of products and services for small-cap companies, including: RedChip Research™, Traditional Investor Relations, Digital Investor Relations, Institutional and Retail Conferences, "The RedChip Money Report"™ television show, Shareholder Intelligence, Social Media and Blogging Services, and Webcasts. To learn more about RedChip's products and services, please visit: http://www.redchip.com/visibility/productsandservices.asp.
"Discovering Tomorrow's Blue Chips Today"™
The RedChip Companies, Inc. logo is available at http://www.globenewswire.com/newsroom/prs/?pkgid=2761
CONTACT: Jon Cunningham
RedChip Companies, Inc.
Tel: 1-800-RED-CHIP (733-2447), ext. 107