GlyEco, Inc. (fka GLYE)

[~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.