Midwest Energy Emissions Corp. (PNK:MEEC) Q4 2023 Earnings Call Transcript

Richard MacPherson: Well I’ll be quite frank, we think that we can play a major role in that developing technology or field. The strength of our small group is in being able to extract more performance from carbon based technologies. That’s what we did in the air business and we did it better than anybody else. And the patents stood that we developed were defended and the skill set and the knowhow and the knowledge that we have, especially since we have added these two key individuals that have worked in the development of water based technologies for the past few decades at the highest levels will I think position us to be able to create new approaches, new technologies that will be very useful in the ability for municipalities to be able to capture these forever chemicals.

Most importantly as an economical and an environmentally sound approach. And so, with the announcement today of WE2C, and as you can see on our website, we are moving quickly into the field. It was announced last week that the EPA regulations are going into effect in 2027. We plan to be up and running very shortly with our labs that moving out from a position of having firmed out all of our lab work up till now to building out our own labs to continue that work, both in the water treatment and in the rare earth side of things. So we’ll be making material announcements about that in the coming weeks. And also being able to build out more information with regards to the strategic planning and the partnerships, particular with the feedstock partnerships that we’ve been working on this past year.

So a lot’s going on, leading up to where we are now. And as we make formal announcements going forward, we’ll be able to expand more on when and how and how big we expect to be in the field.

Operator: Thank you. We have reached the end of our question-and-answer session. And with that, I’d like to turn the call back over to Rick MacPherson for any closing comments.

Richard MacPherson: Well, folks, thank you very much for participating in today’s call. I’m looking forward to moving on to the call mid to late May. I’m expecting lots will develop between now and then and I will be able to give a very detailed update as to the changes that we’re going through. The last year was very transformative, if I look up until the end of March, basically the end of five years of effort to prove our validity in the space. We came through it with very significant rewards and awards and that’s going to give us the base to move forward as we had been planning for some time. And so you’ll see the execution of that as we go through 2024. Thank you very much.

Operator: This concludes today’s teleconference. You may disconnect your lines at this time. Thank you for your participation.