Last $1.01 USD
Change Today +0.01 / 1.00%
Volume 20.5K
GLYE On Other Exchanges
As of 8:10 PM 04/17/14 All times are local (Market data is delayed by at least 15 minutes).

glyeco inc (GLYE) Snapshot

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52 Week High
10/22/13 - $1.40
52 Week Low
03/4/14 - $0.77
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glyeco inc (GLYE) Details

GlyEco, Inc., a green chemistry company, collects and recycles waste glycol into a reusable product and sells it to third party customers in the automotive and industrial end-markets in North America and internationally. It develops GlyEco Technology, which allows to recycle various types of waste glycol into an ASTM E1177 Type I virgin grade recycled ethylene glycol. The company was founded in 1996 and is based in Phoenix, Arizona.

glyeco inc (GLYE) Top Compensated Officers

Chairman, Chief Executive Officer and Preside...
Total Annual Compensation: $205.0K
Chief Financial Officer, Principal Accounting...
Total Annual Compensation: $118.0K
Chief Operating Officer
Total Annual Compensation: $125.0K
Chief Technical Officer
Total Annual Compensation: --
Chief Business Development Officer
Total Annual Compensation: $5.0K
Compensation as of Fiscal Year 2013.

glyeco inc (GLYE) Key Developments

GlyEco Seeks Acquisitions

GlyEco, Inc. (OTCPK:GLYE) seeks acquisitions. GlyEco said that they will continue to explore additional acquisitions and seek to create strategic alliances with companies producing or aggregating waste.

GlyEco, Inc. Announces Preliminary Consolidated Financial Results for the Year Ended December 31, 2013

GlyEco, Inc. announced preliminary consolidated financial results for the year ended December 31, 2013. For the year, the company reported that revenue increased 337% to $5.5 million, up from $1.3 million in 2012. Gross profit increased 41% to $345,000, up from $245,000 in 2012. The company's net loss for fiscal 2013 was approximately $3.5 million, compared to a net loss of $1.9 million during the prior year. The net loss was attributed to increased operating expenses during 2013, which were primarily driven by infrastructure related to acquisition integrations and by equipment, technology and systems upgrades at GlyEco's six processing centers. Fully-diluted loss per share was approximately $0.08, compared to a loss per share of $0.07 in 2012.

GlyEco, Inc. announced delayed annual 10-K filing

On 03/31/2014, GlyEco, Inc. announced that they will be unable to file their next 10-K by the deadline required by the SEC.


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