On Monday morning, Tip.us
sent out its weekly newsletter featuring Methes Energies International Ltd.
(NASDAQ: MEIL), a company that is best known for its high-quality biodiesel
processors and systems. The company’s processors are flexible and can use a
variety of virgin vegetable oils, used vegetable oil and rendered animal fat
feedstock, allowing operators to take advantage of feedstock buying
opportunities. Methes Energies also markets and sells high-quality biodiesel
fuel produced at its 1.3 MGY (5 MLY) showcase production facility in
Mississauga, Ontario, and at its 13 MGY (50 MLY) facility in Sombra, Ontario,
to customers in the U.S. and Canada.
Within the first trading
day, MEIL surged 12.24% from an open of $2.45 to a close of $2.66. Later in the
week, Methes Energies International issued a press release announcing the
finalization of agreements with a large national aggregator and a downstream
distributor in the United States to supply up to 40 railcars of biodiesel per
month or the equivalent of up to 1 million gallons per month for the rest of
2014 and beyond. The company is now qualified to be an importer of record of
biodiesel into the U.S. and to itself generate RIN’s (Renewable Identification
Numbers) in the U.S.
To sign up for the “Tip of
the Week” newsletter and receive multiple stocks to watch each week, visit
http://tip.us/signup.html
About MissionIR
MissionIR is committed to connecting the investment community with companies that have great potential and a strong dedication to building shareholder value. We know our reputation is based on the integrity of our clients and go to great lengths to ensure the companies represented adhere to sound business practices.
Sign up for “The Mission Report” at www.MissionIR.com
MissionIR is committed to connecting the investment community with companies that have great potential and a strong dedication to building shareholder value. We know our reputation is based on the integrity of our clients and go to great lengths to ensure the companies represented adhere to sound business practices.
Sign up for “The Mission Report” at www.MissionIR.com
Please see disclaimer on the MissionIR website http://www.missionir.com/disclaimer.html
