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Last $1.05 USD
Change Today -0.0042 / -0.40%
Volume 1.7K
MEIL On Other Exchanges
As of 10:32 AM 05/6/15 All times are local (Market data is delayed by at least 15 minutes).

methes energies internationa (MEIL) Snapshot

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52 Week High
05/9/14 - $4.35
52 Week Low
03/12/15 - $0.60
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methes energies internationa (MEIL) Details

Methes Energies International Ltd., a renewable energy company, produces and sells biodiesel fuel and biodiesel processing equipment in the United States and Canada. It offers Denami biodiesel processors. The company also produces glycerin, as well as purchases and sells biodiesel. It serves a network of biodiesel fuel producers. The company was incorporated in 2007 and is headquartered in Las Vegas, Nevada.

23 Employees
Last Reported Date: 03/11/15
Founded in 2007

methes energies internationa (MEIL) Top Compensated Officers

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methes energies internationa (MEIL) Key Developments

Methes Energies International Ltd. Auditor Raises 'Going Concern' Doubt

Methes Energies International Ltd. filed its 10-K on Mar 11, 2015 for the period ending Nov 30, 2014. In this report its auditor, Meyers Norris Penny LLP - MNP LLP, gave an unqualified opinion expressing doubt that the company can continue as a going concern.

Methes Energies International Ltd. announced delayed annual 10-K filing

On 03/02/2015, Methes Energies International Ltd. announced that they will be unable to file their next 10-K by the deadline required by the SEC.

Methes Energies International Ltd. Announces License Agreement with U.S. Based Entity

Methes Energies International Ltd. announced that it has granted a U.S. based entity a non-exclusive license to use Methes' design and software for a 3,000 liter per hour biodiesel processor to manufacture biodiesel processors for its own projects in the United States. Methes is to receive a $4 million upfront cash payment and will be entitled to an additional $100,000 for each of the first 40 units manufactured by the Licensee. Payment of the initial $4 million license fee is scheduled to be received on or before February 20, 2015 which provides sufficient time for Methes to gather and package design information to be delivered to Licensee. Under a separate Consulting Agreement, Methes will collaborate with the Licensee on the manufacture of the first five units. This transaction does not include any other Methes technologies including Methes' new pre-treatment process using the PP-MEC catalyst. Other products and services to be provided by Methes will be covered by separate agreements.


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