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Car Monkeys Group (CKMY) – A Rapidly Growing Online Retailer

Since 2010, Car Monkeys has operated as an online retailer of used auto parts in the United States. The New Jersey-based company runs an online store under its CarMonkeys.com brand and another under its Low Mileage Parts brand name. Through both stores, it offers a large assortment of auto parts (engine assemblies, transmissions, rear ends, transfer cases and more) while promising to help potential customers navigate its wide-ranging inventory with unparalleled customer service.

In just under five years, Car Monkeys has become known as an esteemed player in the multi-billion dollar automotive recycling industry and, having established a solid base, it shows great promise for accelerated growth.

Within the U.S., CarMonkeys is considered one of the largest and fastest growing online distributors of parts for cars, vans and sports utility vehicles. The company provides an all-inclusive selection of high-quality used parts (more than a few hundred thousand) for a wide range of vehicle makes and models, and offers these parts at the best prices and with the best warranties in the business. Car Monkey’s multitude of parts are usually ready to ship directly from one of the company’s numerous distributors and auto dismantling centers.

The Car Monkeys team strives to promote transparency via clear and frequent communication between its management and shareholders while also enhancing the company’s visibility within the investment community. Car Monkeys has a reputable and growing presence in the online used car space, and it intends to use its existing presence as a launching off point for sustained growth and to gain deeper saturation in the investment community. Step by step, the company is supplementing its prevailing initiatives to give it the boost it needs to better communicate with current and prospective shareholders.

For more information, visit www.carmonkeys.com

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MIT Holding, Inc. (MITD) Unique Healthcare Solution Solves Some of the Industry’s Greatest Challenges

MITD logo

The Health Information Technology for Economic and Clinical Health Act (HITECH) of 2009 establishes programs under Medicare and Medicaid to provide incentive payments for the use of certified electronic health records technology. Though these Meaningful Use Rules (MUR) were designed to improve healthcare outcomes by utilizing Electronic Health Records (ERH) and documentation, there’s an ugly side of the program that has left many healthcare providers scrambling to adhere to the documenting standards of MUR. The good news is, small-cap innovator MIT Holding, Inc. (OTC: MITD) has the solution providers need to comply.

As of January 2014, 20 different rules for doctors and 19 different rules for hospitals became mandatory under stage two of MUR. Medicare and Medicaid providers are now required to document a patient’s recovery after they are released from care. Gathering this information can be tricky. Some documentation, such as age, weight and gender, is easy to obtain. In-depth follow-up such as checking that the patient is properly taking their medication and following doctor’s orders for and rehabilitation, however, can be time intensive, hard to fill, and is at mercy of the patient’s truthfulness.

If the patient does not recover or the healthcare provider fails to properly document the recovery, the provider will be penalized in that Medicaid/Medicare will pay all of those same procedures billed for the next year at a lower payout. For example, if a hospital bills Medicare/Medicaid $10,000 for a procedure and the hospital does not provide the proper after-care documentation, the hospital is subject to penalty by Medicare/Medicaid. So if the penalty is 10%, the hospital would only receive $9,000 for that procedure over the course of the next 12 months.

This structure can have a dramatic impact on doctors and hospitals that lack the means, resources or the know-how to meet standard reporting. While healthcare providers can easily purchase the software and information technology (IT) needed to report the documentation, they still haven’t found a fully efficient way to gather the information. In fact, Frost & Sullivan reports that more than 50% of healthcare providers lack a plan of action to implement the health IT needed to improve care efficiency.

Managed Healthcare Executive recently published an article discussing the strategies and struggles of some of today’s leading care companies as they work to meet the new requirements. According to the article, Cigna Corp. (NYSE: CI), Aetna, Inc. (NYSE: AET), and Humana, Inc. (NYSE: HUM) utilize accountable care organizations (ACOs).

Cigna’s strategy, for example, is to execute patient outreach through the use of an “embedded care coordinator” with an ACO provider group. The company trains nurses, provides information on at-risk patients, and then informs nurses of which patients are being discharged from the hospital. The nurses then calls the patients at their home the day after their discharge to answer medical questions, confirm additional appointments, and keep patients educated on what to expect during recovery.

MIT Holdings’ solution offers doctors and hospitals the ability to refer their patients to the company’s comprehensive, one-source recovery service built on face-to-face patient contact. This first-of-its-kind service starts as soon as the patient is discharged from the hospital, at which time MIT assumes the responsibility of the recovery period. By building a personal relationship with the patient in the comfort of their own home, MIT has the unique ability to gather important information to meet MUR mandates.

If Cigna were to employ MIT’s solution, here’s how it would look: Cigna would be able to eliminate the expense and bureaucracy of the embedded care coordinator by eliminating the role altogether. Instead, MIT would meet with the patient at the time of discharge and if necessary would even accompany the patient home and help them determine each and every recovery need. MIT would also meet with other members in the household, and for the patient as well as those members would price pharmaceutical needs through the MIT pharmacy. Through this process, MIT, on behalf of Cigna, would establish a relationship with the patient that would promote clear and accurate communication, feedback and documentation. MIT is even capable of handling billing and insurance issues.

“We handle all the billing and all of the medical needs that an individual will need, and our record keeping will be through in-home interaction with the patient and will contain all of the information that Cigna, Aetna or Humana would need to report for the MUR,” explains William Nalley, IR representative for MIT Holding.

From the time of patient discharge from the medical facility, MIT’s services handle everything pertaining to the at-home recovery phase, including in-home medical equipment, infusion services, medications, follow-up appointments, organize therapy sessions, wound dressings, transportation, insurance inquires and professional insurance claim billing.

The goal is to make the patient feel like their care provider went home with them – there is no lapse in patient care or communication. All the patient needs to do is follow the MIT professional health caregiver’s instructions and recover while MIT documents the recovery of the patient, interacting with them one-on-one to help them properly, efficiently and quickly heal.

The digital paperwork MIT maintains in order to monitor the patients recovery contains all the information the hospital and doctors need to comply with the new rules. By recognizing the steep implications hospitals may face under the new requirements and developing a tested and sound solution, MIT has the potential to revolutionize the way doctors and hospitals gather and report patient recovery progress.

As more healthcare providers become aware of these services, MIT is catching wind in its sail, and recently reported first-quarter revenues of $489,854, more than double prior-year first-quarter revenues of $279,872. The company attributes this growth of 133.3% to an increase in customer referrals and subcontractor services. The first-quarter net loss of $9,654 represents a drastic cut from a loss of $105,726 a year ago. This resulted in a gross profit for the first quarter of $277,922, or 56.7%, as compared to gross profit for the same quarter in 2014 of $127,790, or 60.9%.

Moving forward, MIT will continue to market its comprehensive at-home recovery solutions and services as a viable solution to the healthcare industry’s growing demands.

For more information visit http://mitholdinginc.com/investors.html or contact William Nalley at 305-515-8077

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Noble Life Science Partners and JSB Partners Announce Strategic Partnership Agreement

On Monday, Noble Life Science Partners, an advisory-focused investment and merchant banking boutique, announced the formation of a strategic partnership agreement with JSB-Partners, a boutique investment banking firm serving life sciences companies around the world.

“We are excited to join forces with JSB, as our fundamental research approach blends perfectly with JSB’s professional culture and passionate team,” stated Nico Pronk, President and Chief Executive Officer of Noble. “This relationship is strategic and leverages each other’s respective core competencies… Additionally, JSB’s global reach will position Noble to expand outside of North America.”

For the two companies, the partnership is mutually beneficial, particularly from a strategic growth perspective. JSB’s primary focus is on life sciences companies, which is in line with Noble’s fastest growing research vertical. Through exhaustive fundamental research of underlying scientific data, advanced scientific training and plentiful healthcare experience, Noble provides clients with a strong foundation and perspective through its industry-leading equity research. This dedication to excellence allows Noble to expertly position growing companies into the public markets.

JSB will be extremely beneficial in helping these newly public clients thrive within the life sciences industry. With key focus placed on product partnerships and private placements, JSB gives its clients the necessary tools to successfully procure vital resources without the need to dilute the ownership stake held by existing shareholders. The company also gives clients expert insight into the short and long-term benefits of potential mergers and acquisitions.

Through the newly announced strategic partnership, the two proven companies will be able to share resources and work under a common regulatory umbrella, expanding upon the effectiveness of the two investment banking providers, but the potential benefits of a long-term partnership go beyond short-term financial gains.

“While this aspect of the relationship is attractive, it’s the opportunity to cross-leverage our particular skill sets that excites me the most,” stated Dr. Wolfgang Stoiber, Co-founder and Partner of JSB. “Both organizations’ clients are the beneficiaries.”

Noble’s current range of services includes investment banking, merchant banking and client advisory, giving the company unfettered access to the growing life sciences vertical. Through its strategic partnership with JSB, the company gains immediate access to the tools necessary to increase its market presence in coming years while expanding into the global market. Look for Noble, as well as JSB, to continue providing clients with industry-leading investment services in the months to come.

For more information, visit www.novelsp.com and www.jsb-parners.com

Inventergy Global, Inc. (INVT) Ushering in a New World in IP Value Creation through Commitment to Integrity, Transparency and Fairness

Inventergy Global, Inc. (NASDAQ: INVT) leverages one of the world’s most experienced global licensing teams to assist Fortune 500 companies in securing the value of their innovations and achieving greater returns. By putting an end to the backroom bullying and dirty deals commonly associated with IP value creation, the company is helping its clients uncover the true value of IP to both corporations and the global economy. Inventergy’s unique commitment to transparency and ethical practices is helping to establish the company as a force in the rapidly expanding industry.

In recent years, the value of intellectual property (IP) has moved to the forefront of the corporate world. Multi-billion dollar patent litigation deals have grabbed the attention of corporate shareholders and board members, and executives are under more pressure than ever before to adequately manage and create value from IP assets. Inventergy alleviates this pressure by building a long-term relationship based on flexibility, investment into licensing efforts and shared revenue over time. By following this model, the company’s clients are able to realize greater potential gains with a managed level of risk.

According to a report by Ocean Tomo, intangible assets accounted for approximately 80 percent of S&P 500 market value in 2010, and that percentage is likely to increase moving forward. In order to maximize the value of these intangible assets, corporations will need to develop a suitable IP management strategy. Inventergy offers these businesses immediate access to an unparalleled wealth of knowledge that can open the door for key industry relationships that provide fair market value for licensed IP while adequately reflecting unique corporate brand and values. For growing corporations, this dedication to corporate identity could prove to be a significant long-term advantage in securing continued returns.

“Never underestimate the importance of having your IP strategy aligned with your brand and values,” stated Joe Beyers, Chairman and Chief Executive Officer of Inventergy.

Moving forward, look for Inventergy to continue growing its client base through a combination of integrity, transparency and fairness. By focusing on market-significant companies that don’t have the internal manpower to realize the appropriate returns on their innovation, Inventergy is in a strong strategic position to grow within the IP industry while simultaneously ushering in a new world in IP value creation.

For more information, visit www.inventergy.com

Well Power, Inc. (WPWR) to Address Natural Gas Waste through Continued Development of Prototype

According to a report by Fox Business, natural gas flaring in one the country’s most active drilling regions – the Eagle Ford Shale in South Texas – continued to increase in 2014. The Railroad Commission of Texas reported that more than 20 billion cubic feet of natural gas were burned in the first seven months of the year, and experts suggest that the industry has shown little capability of slowing down. Instead, oil and gas production companies have insisted that there is no feasible alternative to flaring, but Well Power, Inc. (OTCQB: WPWR) is closing in on an economically viable solution.

“Gas flaring is a wasteful industry practice that deserves more attention,” stated Zubin Bamji, an energy and extractives industry spokesman for the World Bank. “Governments and oil companies need to work together to identify solutions, whether technical, regulatory, financial, or a combination of all.”

Through an exclusive licensing agreement with ME Resource Corp., Well Power gained distribution rights for the development and commercialization of Micro-Refinery Units (MRUs) throughout the Lone Star State. The technology behind the MRU could provide drilling companies with a financially sound alternative to the wasteful practice of flaring. The scalable unit converts undervalued gas, including flared gas, into more valuable end products on-site, without the need for time-intensive infrastructure installation.

As of Well Power’s latest quarterly report, development is underway, with the first MRU expected to be completed within a year. The company expects to obtain financing, select an applicable site and begin construction of the unit by the end of the calendar year. The prototype MRU is expected to be fully transportable, providing the company with the opportunity to work with oil and gas landowners and operators to showcase the prototype and promote future sales.

“[The] Well Power management and consulting team are diligently working towards getting units tested and built for the field,” stated Cristian Neagoe, Chief Executive Officer of Well Power.

Well Power’s MRU design is flexible, scalable, modular, mobile, cost effective, energy efficient, high yield, single vessel, skid mounted and custom configured. With increasing regulatory attention on gas flaring, the company is in a strong strategic position to capitalize on the industry’s evolving landscape. As Well Power continues to navigate the hurdles involved with the construction and commercialization of its technology, it is an exciting time for investors of this growing company.

For more information, visit www.wellpowerinc.com

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Net Element, Inc. (NETE) Bridging The Gap in Burgeoning Asian, European & Russian E-commerce, M-commerce & Payments Markets

Leveraging vast expertise in e-commerce and m-commerce enabling mobile payment technologies, as well as in crafting end-to-end payment and transaction processing solutions that can help supercharge commerce, Net Element (NASDAQ:NETE) continues to hammer out a sizeable presence in emerging markets, with their owned and operated TOT Group subsidiary being the tip of the spear. TOT Group’s family of companies includes TOT Money, a carrier-integrated mobile payment solutions provider, which is continually expanding its already unrivaled 49 country-spanning coverage footprint, through both innovation and growing its network of relationships with mobile providers around the world. Also in the mix is TOTmoney.ru, a mobile payments gateway focused on m-commerce and premium SMS that is specifically geared towards the Russian Federation market.

From both an e-commerce and payments perspective the Russian Federation is growing by leaps and bounds. A report out in April this year from the first international company dedicated to Russian digital industries (and a leading source for intelligence on this market), East-West Digital News, indicates that Russian e-commerce grew 5 percent last year to over $17 billion. With around 31 million consumers (roughly 32 percent of population over the age of 18) going online in 2014, even as over 42 percent of the entire 143 million person population now use the internet daily, the underlying growth metrics for e-commerce in Russia are tantalizing to say the least. While Russia handily outpaces Europe in terms of internet usage per capita, online retail turnover still lags behind more mature European markets, further showcasing the region’s long-term growth potential. Data from McKinsey out late last year shows similar metrics for the payments industry in Russia, with 30 percent growth per year in card issuance and some $50 billion a year in payments as of 2014, Russia is now the sixth largest payments market on earth.

E-commerce still represents only around 2 percent of the consumer space in Russia, with cash-on-delivery still predominating and e-commerce adoption in the outlying regions still having an enormous amount of room to grow compared to the capital. However, this is rapidly changing and with nearly 30 percent of 2014 e-commerce coming from cross-border sales, particularly from China, the need for e-commerce content localization, as well as mobile payment and processing capabilities, is greater than ever. Net Element is already poised to deliver a wealth of assistance in this growing market with some of the most appealing value-added transactional services available today at their fingertips and the recent announcement that the company has executed definitive documentation to acquire PayOnline, which currently processes online payments for 10 million plus active consumers, as well as thousands of merchants across Asia, Europe and the Russian Federation, substantially strengthens the company’s handle on this burgeoning space.

A growing depth of economic ties between Russia and China, including a recent $25 billion deal to increase Chinese lending to Russian firms, a $400 billion gas supply deal whereby Russia will deliver some 38 billion cubic meters of gas annually over 30 years (starting in 2018), as well as the formation of the New Development Bank, or BRICS bank, and the formation of the AIIB (Asian Infrastructure Investment Bank), heralds the start of a new geopolitical era where China and Russia will become increasingly more and more important markets for global e-commerce and payment solution providers. In such an environment, the direct agreements with Eurozone area and Russian Federation banks that are available to NETE via PayOnline’s architecture, which will allow seamless transactions in the U.S. for thousands of merchants located in those regions, as well as the same easy access for U.S. merchants to Asian, European and Russian markets, will be of inestimable value.

According to recent analysis on the Chinese e-commerce market by iResearch, e-commerce grew a whopping 21.3 percent between 2013 and 2014, to nearly $2 trillion, and it is expected to continue growing at a similar pace over the next few years, reaching upwards of $3.9 trillion by 2018. E-commerce retail alone, dominated by Alibaba’s Tmall (57 percent) and JD.com (21 percent), is on track to hit around $1 trillion by 2019 according to Forrester Research, with the online to offline (internet driving consumers to brick and mortar) and online travel markets making up the remainder, driven in large part by the rapid proliferation of mobile devices throughout China. In fact, most people in China use their mobile to get on the net according to Forrester, with 25 percent of respondents indicating they also shop via mobile at least once a week, in a space where Alibaba’s Tmall and Taobao apps currently dominate, holding over 85 percent of the market share.

Sandwiched between China and Russia, Kazakhstan’s e-commerce market is also set to rise handsomely in coming years, projected to increase over 38 percent to around $5 billion between 2015 and 2017, according to the country’s Ministry of Transport and Communications. Net Element has already moved to tie up this significant additional regional market as well, announcing that they have secured a contract with the biggest online ticket seller and second largest online merchant in the country, Kassir.com, as of early June 2015. Paired up with a key agreement between Net Element and KAZKOM, the country’s biggest bank, NETE’s soon-to-be-acquired subsidiary PayOnline will gain access to a huge payment processing market of over 2.4 million cardholders which stretches up north into Russia, as well as south into Kyrgyzstan and Tajikistan.

Keen maneuvering by Net Element here to stitch up a regional strategy that is designed to make the company a service provider of choice. Developing key relationships with big banks and executing the acquisition of an established processor like PayOnline will go a long ways towards helping the company to grow its already formidable emerging market footprint.

Take a closer look by visiting www.netelement.com

Edmonton International Airport Enters Agreement with Cleartronic, Inc. (CLRI) Subsidiary

Cleartronic today announced that its wholly owned subsidiary, VoiceInterop, Inc., signed an agreement with the Edmonton Airports (officially the Edmonton Regional Airports Authority), Alberta, Canada, to provide a mission critical communication system for emergency response at Edmonton International Airport. Edmonton Airports is responsible for operation and management at this airport and also the Villeneuve Airport, the primary general aviation facility in the Edmonton region.

VoiceInterop offers an emergency communication solution called the “VoiceInterop Crash Phone,” a system that combines VoiceInterop’s engineered software with modern, commercial off-the-shelf products, fine-tuned to the needs of commercial aviation airports. VoiceInterop has engineered and will install, test and provide support for a customized state-of-the-art crash phone solution that provides instant voice communications from the air traffic control tower to the airport rescue firefighting station, communications center, and airport police serving this airport. The crash phone system is the most important piece of an airport’s communications systems.

“During an emergency, air traffic control tower personnel simply pick-up the phone and are connected instantly with a combination of first responders and airport operations staff. The ‘VoiceInterop Crash Phone’ system is already in use by many airports nationwide, and has been for many years,” said Larry Reid, CEO of Cleartonic.

Using VoiceInterop software, the system will connect state of the art IP telephones, the airport’s two-way radios, and overhead paging and alerting systems. The system is designed to accommodate the evolving requirements of the airport in the future by implementing minor changes in the software instead of budgeting for new infrastructure equipment.

For further information, visit www.cleartronicinc.com

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Pure Hospitality Solutions, Inc. (PNOW) Takes Major Step toward Oveedia Launch through Sabre Travel Network Submittal

In recent months, Pure Hospitality Solutions, Inc. (OTC: PNOW) has turned its focus towards the launch of its groundbreaking Central American-Caribbean centric online travel agent (OTA) platform, Oveedia, and the company took a major step toward expediting this goal on Monday by submitting the Oveedia architecture to the Sabre Travel Network.

“Submitting the Oveedia architecture to Sabre is just as important of a step in the Oveedia development process, as is creating wireframes in the ‘beginning’ phase of website development,” stated Melvin Pereira, President and Chief Executive Officer of Pure. “With the basic architecture in place, programming and integration should continue relatively smoothly.”

In May, Pure announced that it had become a member of the Sabre Travel Network, which is noted to be the industry’s leading travel and tourism software company. Through this partnership, the Oveedia platform gained access a network of more than 125,000 hotels, 400 airlines, 16 cruise lines and 25 car rental selections, giving Pure a significant advantage as it continues to prep for a major three phase rollout in the upcoming weeks.

“[W]e have reached a true milestone – being certified under Sabre; effectively becoming a bona-fide online travel agent,” continued Pereira. “With Sabre’s service support, we will surely become the Central American-Caribbean travel hub.”

The travel market throughout Latin America is one of the most rapidly expanding in the world. According to a report by Phocuswright, the market is expected to approach $100 billion by 2016, and online travel booking is accounting for an increasingly large share of that spending. Annually, the region is experiencing growth of 15 percent in the OTA industry despite relatively low penetration by global OTA leaders, including Expedia, Priceline, Orbitz and Travelocity.

For sustainable success in the Central American-Caribbean travel market, industry analysts insist that unique customer engagement models, including flexible payment options and local language support, will be critical. It is in this area that Pure, by focusing its efforts directly on the underserved market, has a significant strategic advantage in the regional OTA industry.

With large portions of the ‘beginning development’ phase of Oveedia now complete, Pure is pushing for completion of an initial version of the travel platform as early as the end of this week. Look for the company to leverage the immense power of the Sabre Travel Network to streamline future development in a continued effort to expedite the launch of the company’s game-changing travel hub.

For more information on Pure Hospitality Solutions, visit www.purenow.solutions

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Amarin Corporation PLC (AMRN) Carving Out Sustainable Niche in Pharmaceutical Industry with Vascepa®

Amarin Corporation PLC (NASDAQ: AMRN) is a biopharmaceutical company focused on the commercialization and development of therapeutics to improve cardiovascular health. The company’s first FDA-approved product, Vascepa®, is a prescription medication that, when used alongside a low-fat and low-cholesterol diet, has been shown to lower high levels of triglycerides in adults without raising LDL Cholesterol levels.

According to a report by the Centers for Disease Control, approximately one-third of all American adults have triglyceride levels that range from borderline to too high. As the pharmaceutical industry continues to study the effects of these fatty particles in the blood stream, the importance of maintaining healthy levels is becoming clear. In addition to causing inflammation of the pancreas, there is increasing evidence that supports a link between very high triglyceride levels and cardiovascular disease.

During the first quarter of 2015, Amarin made major strides in growing its market share in the currently underserved triglyceride treatment market. The company realized a 42 percent growth in year-over-year revenue from Vascepa® sales and increased normalized prescriptions by 66 percent, as compared to the first quarter of 2014. In an effort to continue this growth, Amarin also entered into a licensing agreement with Eddingpharm Ltd., which is intended to extend the commercialization of Vascepa® into Mainland China in the future.

In 2011, Amarin initiated REDUCE-IT, a first of its kind long-term study to determine prospective cardiovascular outcomes in high-risk patients on statin therapy. Upon its completion, the company predicts that the study will demonstrate the effectiveness of taking a pure, EPA-only omega-3 drug, such as Vascepa®, on top of existing statin therapy in reducing cardiovascular events. The company expects to complete patient enrollment later this year, with the study concluding in or about 2017.

“Executing on REDUCE-IT and increasing revenues, while being opportunistic along the way, continue to be our top priorities,” stated John F. Thero, President and Chief Executive Officer of Amarin. “The Eddingpharm deal and our increased cash balance provide us greater resources as we market Vascepa for use in our currently approved indication and pursue the potentially multi-billion dollar market the REDUCE-IT cardiovascular outcomes study is intended to open for Vascepa, assuming successful results and further regulatory approval.”

Moving forward, Amarin is in a strong strategic position to capitalize on the growing market for triglyceride controlling medications. Through the company’s REDUCE-IT study, Amarin is establishing a sizeable foothold in a market that may provide the opportunity for sustainable returns moving forward.

For more information, visit www.amarincorp.com

Methes Energies International Ltd. (MEIL) Rapidly Expanding Presence in the North American Biodiesel Industry

Methes Energies International Ltd. (NASDAQ: MEIL) is a renewable energy company offering a collection of products and services to biodiesel fuel producers. Since 2004, the company has worked to produce biodiesel commercially from versatile sources. Using cutting-edge technologies and an innovative business model, Methes has grown into a respected player in the biodiesel industry, remaining at the forefront of the market through the production of consistently high quality fuel.

The company markets and sells biodiesel fuel produced at its showcase production facility, as well as its 13 MGY facility, in Ontario, Canada. In 2013, Methes placed its first Denami 3000 processor into production, allowing the company to produce up to 6.5 million gallons of biodiesel per year. This increase in capacity helped the company ship over 1.3 million gallons of biodiesel from its primary production facility in 2014.

In recent months, changes to regulations and proposed initiatives surrounding the biofuel industry have placed Methes in a strong position to realize continued growth moving forward. In December, the company welcomed the reinstatement of the biodiesel tax incentive, also known as the Blender’s Tax Credit (BTC). With its renewal, the BTC provides a $1.00 per gallon tax credit to the first fuel blender of a volume of biodiesel that contains at least one-tenth of one percent petroleum-based diesel fuel.

“We are pleased with the reinstatement of the BTC,” stated Nicholas Ng, President of Methes. “This will result in us getting back approximately $1 million for biodiesel sold in 2014.”

In June, the U.S. Environmental Protection Agency (EPA) announced the details of a proposal to establish Renewable Volume Obligation (RVO) for biodiesel as part of the Renewable Fuel Standard (RFS). This proposal, which will be finalized later this year, will establish increased minimum volumes for biodiesel production in coming years. Although the proposal is subject to public comment and alterations before its execution, the initiative could open the door for significant growth for Methes moving forward.

“We applaud and thank the EPA for their renewed and strong commitment to the biodiesel industry,” continued Ng. “This is very positive news for the industry… and should pave the way for a healthy biodiesel market in the coming years.”

Through a combination of regulatory benefits and continued expansion of market share, Methes has made major strides towards realizing sustainable shareholder returns in recent months. During the first quarter of 2015, the company recorded strong financial results, achieving outright profitability for the period. In the coming months, Methes is in a formidable position to build on these impressive results. With its recently expanded offerings, which will now include Epoxidized Soybean Oil (ESO) and Natural Polyol, the company will look to continue growing its market share and investor returns into the future.

For more information, visit www.methes.com

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How Versus Systems Inc. (NASDAQ: VS) Uses Audience Engagement and Gamification to Turn Passive Viewers into Active and Responsive Participants

October 23, 2026

Gaining consumer and viewer attention is growing more difficult than ever due to increasingly crowded digital and physical advertising landscapes. Even if a brand is able to capture attention, holding onto it is a recognized challenge. Versus Systems (NASDAQ: VS) uses a unique and effective approach to address this issue, using gamification and powerful audience […]

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