FOR IMMEDIATE RELEASE
Waste Energy Corp Completes Strategic Realignment, Files 10-K to Regain SEC Compliance; Investor Briefing Scheduled for May 29
FAIRFIELD, CA / May 12th, 2025 / Waste Energy Corp ("Waste Energy" or the "Company"), (OTCQB:WAST), an emerging leader in sustainable waste-to-energy innovation, today announced the filing of its audited financial statements on Form 10-K for the fiscal year ended December 31, 2024. The filing brings the company back into full compliance as an SEC fully reporting issuer.
The company’s 10-K filing reflects a pivotal transformation completed in the fourth quarter of 2024, during which Waste Energy Corp rebranded and restructured its operations to focus exclusively on the multi-billion-dollar waste-to-energy (WTE) sector. This strategic shift was driven by a singular mission: to help divert, convert and eliminate the growing plastic waste crisis by diverting non degradable plastic waste from landfills and converting them into valuable, clean energy assets. As part of this transition, the company exited non-core activities and committed all of its resources towards its waste conversion technology—designed to transform post-consumer and industrial plastic waste into low-sulfur diesel fuel, carbon black, syngas, and carbon credits.
“We are pleased to have completed our audit and filed our 10-K, restoring our status as a fully reporting SEC filer,” said Scott Gallagher, Chairman and CEO of Waste Energy Corp. “This milestone is foundational as we complete our realignment and move forward in building out our first commercial waste conversion site. Our technology and execution strategy are purpose-built to address the mounting global crisis of plastic waste by transforming it into clean energy assets—while creating long-term value for our shareholders. We continue to see compelling opportunities to expand our impact across multiple states as we launch our business in 2025.”
Investor Conference Call – May 29, 2025
Waste Energy Corp will host an investor conference call on Wednesday, May 29, 2025 at 4:30 PM ET, following the close of the trading day. Company leadership will provide an operational update, including progress on the buildout of its first plastic waste conversion facility and forward-looking plans for 2025.
Call-in details and access information will be made available in advance on the company’s website and official social media channels.
For more information about Waste Energy Corp, please visit www.WasteEnergyCorp.com.
For media inquiries or investor information, please contact:
Scott Gallagher, CEO
Waste Energy Corp
(727) 417-7807
About Waste Energy Corp
Waste Energy Corp is committed to redefining waste as an asset and to reducing the volume of non-recyclable waste in landfills and incinerators. Specializing in the conversion of waste plastics and used tires into clean energy assets. The company will combine AI & waste conversion technologies to divert, convert and reduce the volume of plastic and tire waste in landfills while developing new, clean, US based energy sources.
Waste Energy Corp. trades on the OTCQB market, over the counter under the ticker symbol: WAST. Waste Energy Corp is an SEC exchange act, fully reporting company. For more information on Waste Energy Corp, please visit www.WasteEnergyCorp.com. For additional investor or financial information visit: www.SEC.gov.
Forward-Looking Statements
This press release contains forward-looking statements regarding Waste Energy Corp's business operations and future financial performance and projections. These statements are subject to various risks and uncertainties, including market conditions and regulatory approvals and other factors outside of the control of WEC, which may impact the actual results. Investors are encouraged to review all risk factors and results disclosed in the company's public filings with the Securities and Exchange commission at www.SEC.Gov.