MIDWEST ENERGY EMISSIONS CORP. (OTCMKTS:MEEC) Files An 8-K Departure of Directors or Certain Officers; Election of Directors; Appointment of Certain Officers; Compensatory Arrangements of Certain Officers
Item5.02 Departure of Directors or Certain Officers;
Election of Directors; Appointment of Certain Officers;
Compensatory Arrangements of Certain Officers.
(b) On April 27, 2017, each of Brian L. Johnson and Christopher
J. Lee resigned as a director of Midwest Energy Emissions Corp.
(the Company) and as a member of any Committee of the Board on
which he served. Each of Mr. Johnson and Mr. Lee was a member of
the Audit Committee, Nominating and Corporate Governance
Committee and Finance Committee, and Mr. Lee was also a member of
the Compensation Committee. Mr. Johnson became a director of the
Company in December 2014 and Mr. Lee became a director in
February 2015.
As a result of such resignations, the Board of Directors
presently consists of three members, Christopher Greenberg
(Chairman), Richard MacPherson and Allan T. Grantham. The Board
has determined not to fill such vacancies at this time.
(e) On April 28, 2017, the Board of Directors terminated the
Midwest Energy Emissions Corp. 2014 Equity Incentive Plan (the
2014 Equity Plan) for officers, employees and directors of, and
consultants to, the Company. As a result of such termination, no
additional awards may be granted under the 2014 Equity Plan but
previously granted awards shall remain outstanding in accordance
with their terms and conditions. As previously reported, in
February 2017, the Board of Directors adopted the Midwest Energy
Emissions Corp. 2017 Equity Incentive Plan which, among other
reasons, was adopted to replace the 2014 Equity Plan.
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About MIDWEST ENERGY EMISSIONS CORP. (OTCMKTS:MEEC)
Midwest Energy Emissions Corp. is an environmental services company. The Company is focused on mercury emission control technologies, primarily to utility and industrial coal-fired units. The Company’s business is focused on the delivery of mercury capture technologies to power plants in North America, Europe and Asia. The Company develops and deploys technologies to remove mercury emissions from coal-fired power plants. The Company’s customer contracts include designing and installing front-end injection equipment for injection of its front-end product, and in some cases include installation of an additional back-end sorbent injection system. MES, Inc. is a subsidiary of the Company and is engaged in the business of developing and commercializing control technologies relating to the capture and control of mercury emissions from coal fired boilers in the United States and Canada. MIDWEST ENERGY EMISSIONS CORP. (OTCMKTS:MEEC) Recent Trading Information
MIDWEST ENERGY EMISSIONS CORP. (OTCMKTS:MEEC) closed its last trading session down -0.025 at 0.925 with 50,409 shares trading hands.
