Q4 and 2022 Year-End Financial Summary
Q4 Revenue for 2022 increased to
FY22 Revenue increased to
Cash of
Management Commentary
Our achievements during 2022 were the culmination of numerous strategic efforts that have brought forth positive advancement in several areas, including our financial position' began
Continued MacPherson, 'If 2022 was a transitional year in our growth, 2023 will be a year of expansion as we focus on outreach with increasing our investor community across
Our trajectory onto a major stock exchange, tangible value from our patent protection, and additional business partners for our core technology, are expected to be catalysts for near-term expansion moving further into 2023, and we are excited for the potential value that these efforts will provide to our long-term shareholders,' concluded MacPherson.
The Company expects to file the Form 10-K on or before
About ME2C Environmental
ME2C Environmental is a leading environmental technologies company developing and delivering patented and proprietary solutions to the global power industry. ME2C's leading-edge mercury emissions technologies and services have been shown to achieve emissions removal at a significantly lower cost and with less operational impact than currently used methods, while maintaining and/or increasing power plant output and preserving the marketability of byproducts for beneficial use. ME2C Environmental is a trade name of
Safe Harbor Statement
With the exception of historical information contained in this press release, content herein may contain 'forward-looking statements' that are made pursuant to the Safe Harbor Provisions of the Private Securities Litigation Reform Act of 1995. Forward-looking statements are generally identified by using words such as 'anticipate,' 'believe,' 'plan,' 'expect,' 'intend,' 'will,' and similar expressions, but these words are not the exclusive means of identifying forward-looking statements. These statements are based on management's current expectations and are subject to uncertainty and changes in circumstances. Investors are cautioned that forward-looking statements involve risks and uncertainties that could cause actual results to differ materially from the statements made. Matters that may cause actual results to differ materially from those in the forward-looking statements include, among other factors, the loss of major customers; dependence on availability and retention of key suppliers; changes, or lack of changes, in environmental regulations; risks related to advancements in technologies; lack of diversification in the Company's business; risks related to intellectual property, including the ability to protect intellectual property and the success of the ongoing patent litigation; competition risks; changes in demand for coal as a fuel source for electricity production; ability to retain key personnel; business interruptions as a result of COVID-19; absence of a liquid public market for our common stock; share price volatility; the potential that dividends may never be declared and other risks and uncertainties identified in the Company's filings with the
Contact:
Tel: 404-226-4217
Email: shyatt@me2cenvironmental.com
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