Midwest Energy Emissions Corp. Completes the Acquisition of Full Patent Rights from Energy & Environmental Research Center Foundation
May 24, 2017
OTC Disclosure & News Service
-
Midwest Energy Emissions Corp. (OTCQB: MEEC) (ME2C), a leader in mercury emissions control in North America, has acquired all patent rights for its Sorbent Enhancement Additive (SEATM) mercury emissions control technology from the Energy & Environmental Research Center Foundation (EERCF), an organization that works to provide innovative solutions to the world’s energy and environmental challenges. ME2C acquired the rights for the price of $2.5 million and 925,000 shares of common stock in ME2C.
Richard MacPherson, President and CEO of ME2C, met with EERCF Board members in Grand Forks, North Dakota, on May 24, 2017, to commemorate the acquisition. “We are proud to have achieved this acquisition, which covers our proprietary two-part process for mercury control, MacPherson said. “The patents provide us with additional growth and revenue-generating opportunities throughout North America, and we are looking forward to continuing to deliver first-class technology to our clients.”
ME2C’s holistic approach and patented technology is designed to provide coal fired power plant operators the ability to meet any and all environmental requirements as required by law. ME2C’s team of experts evaluates individual power plants to offer customized solutions for mercury emissions capture. ME2C’s approach increases the efficiency of operations, lowering costs for the utility, while eliminating any balance of plant issues. Prior to the acquisition, ME2C maintained an exclusive, worldwide license to the technology since 2009.
The SEATM Technology was originally developed by the University of North Dakota Energy & Environmental Research Center (EERC).
“As long-time partners of ME2C, we are pleased to have witnessed their growth firsthand and the industry’s positive response to their innovative technology,” said Tom Erickson, EERC CEO. “ME2C’s continued success furthers a key goal of the EERC, and the EERCF, to develop market-based clean air solutions. This technology goes a long way in helping coal fired utilities improve their environmental performance in a cost-effective manner.”
Mr. MacPherson concluded, “This acquisition positions ME2C perfectly to continue its growth across North America, including the licensing of systems using a two-part process here in the United States and Canada.”
About Midwest Energy Emissions Corp. (ME2C)
Midwest Energy Emissions Corp. (OTCQB: MEEC) delivers patented and proprietary s
Recent MEEC News
- Form 10-Q - Quarterly report [Sections 13 or 15(d)] • Edgar (US Regulatory) • 08/12/2024 08:30:36 PM
- Form 8-K - Current report • Edgar (US Regulatory) • 08/01/2024 05:00:15 PM
- Form 8-K - Current report • Edgar (US Regulatory) • 06/13/2024 08:30:19 PM
- Form 10-Q - Quarterly report [Sections 13 or 15(d)] • Edgar (US Regulatory) • 05/15/2024 08:56:18 PM
- Form 8-K - Current report • Edgar (US Regulatory) • 03/05/2024 10:00:44 PM
- Form 8-K - Current report • Edgar (US Regulatory) • 03/04/2024 10:19:52 PM
- Form 4 - Statement of changes in beneficial ownership of securities • Edgar (US Regulatory) • 01/16/2024 09:37:21 PM
- Form 4 - Statement of changes in beneficial ownership of securities • Edgar (US Regulatory) • 01/16/2024 09:28:55 PM
- Form 4 - Statement of changes in beneficial ownership of securities • Edgar (US Regulatory) • 01/16/2024 09:25:52 PM
- Form 4 - Statement of changes in beneficial ownership of securities • Edgar (US Regulatory) • 01/16/2024 09:22:57 PM
- Form 4 - Statement of changes in beneficial ownership of securities • Edgar (US Regulatory) • 01/16/2024 09:19:34 PM
- Form 4 - Statement of changes in beneficial ownership of securities • Edgar (US Regulatory) • 01/16/2024 09:16:17 PM
- Form 4 - Statement of changes in beneficial ownership of securities • Edgar (US Regulatory) • 01/16/2024 09:12:37 PM
- Form 8-K - Current report • Edgar (US Regulatory) • 01/04/2024 10:00:34 PM
- Form 4 - Statement of changes in beneficial ownership of securities • Edgar (US Regulatory) • 12/13/2023 10:45:44 PM
- Form 4 - Statement of changes in beneficial ownership of securities • Edgar (US Regulatory) • 12/13/2023 10:37:36 PM
- Form 8-K - Current report • Edgar (US Regulatory) • 12/07/2023 09:00:23 PM
- Form 4 - Statement of changes in beneficial ownership of securities • Edgar (US Regulatory) • 12/04/2023 05:16:25 PM
- Form 4 - Statement of changes in beneficial ownership of securities • Edgar (US Regulatory) • 12/04/2023 05:09:32 PM
- Form 10-Q - Quarterly report [Sections 13 or 15(d)] • Edgar (US Regulatory) • 11/20/2023 10:00:55 PM
- Form 3 - Initial statement of beneficial ownership of securities • Edgar (US Regulatory) • 11/07/2023 06:49:52 PM
- Form 8-K - Current report • Edgar (US Regulatory) • 11/07/2023 11:02:27 AM
- Form DEF 14A - Other definitive proxy statements • Edgar (US Regulatory) • 11/03/2023 10:02:33 AM
- Form 4 - Statement of changes in beneficial ownership of securities • Edgar (US Regulatory) • 11/02/2023 04:14:26 PM
VHAI - Vocodia Partners with Leading Political Super PACs to Revolutionize Fundraising Efforts • VHAI • Sep 19, 2024 11:48 AM
Dear Cashmere Group Holding Co. AKA Swifty Global Signs Binding Letter of Intent to be Acquired by Signing Day Sports • DRCR • Sep 19, 2024 10:26 AM
HealthLynked Launches Virtual Urgent Care Through Partnership with Lyric Health. • HLYK • Sep 19, 2024 8:00 AM
Element79 Gold Corp. Appoints Kevin Arias as Advisor to the Board of Directors, Strengthening Strategic Leadership • ELMGF • Sep 18, 2024 10:29 AM
Mawson Finland Limited Further Expands the Known Mineralized Zones at Rajapalot: Palokas step-out drills 7 metres @ 9.1 g/t gold & 706 ppm cobalt • MFL • Sep 17, 2024 9:02 AM
PickleJar Announces Integration With OptCulture to Deliver Holistic Fan Experiences at Venue Point of Sale • PKLE • Sep 17, 2024 8:00 AM