MetaWorks Rebrands to Waste Energy Corp, Launches Plan to Develop Waste-to-Energy Sites to Minimize Plastic and Tire Landfill Waste
Waste Energy Corp (formerly MetaWorks Platforms) announces its strategic rebranding and ticker symbol change from MWRK to WAST on the OTC Market, effective November 5th, 2024. The company is pivoting from digital platforms to focus on waste-to-energy conversion, specifically transforming waste plastics and used tires into clean, renewable diesel fuel using AI & Pyrolysis technology. This strategic shift aims to address environmental challenges while creating sustainable fuel alternatives. The company's new direction aligns with current market demands for eco-friendly practices and regulatory trends supporting cleaner US-based energy sources.
Waste Energy Corp (precedentemente MetaWorks Platforms) annuncia il suo rebranding strategico e il cambio del simbolo azionario da MWRK a WAST nel mercato OTC, efficace dal 5 novembre 2024. L'azienda sta cambiando focus dalle piattaforme digitali per concentrarsi sulla conversione dei rifiuti in energia, trasformando in particolare la plastica di scarto e gli pneumatici usati in carburante diesel pulito e rinnovabile utilizzando la tecnologia AI e pirolisi. Questo cambiamento strategico mira ad affrontare le sfide ambientali creando alternative di carburante sostenibili. La nuova direzione dell'azienda è in linea con le attuali domande di mercato per pratiche ecologiche e tendenze normative a sostegno di fonti energetiche più pulite negli Stati Uniti.
Waste Energy Corp (anteriormente MetaWorks Platforms) anuncia su rebranding estratégico y el cambio de símbolo de cotización de MWRK a WAST en el mercado OTC, efectivo a partir del 5 de noviembre de 2024. La compañía está pivotando de plataformas digitales para centrarse en la conversión de residuos en energía, específicamente transformando plásticos residuales y neumáticos usados en combustible diésel limpio y renovable utilizando tecnología de IA y pirolisis. Este cambio estratégico tiene como objetivo abordar los desafíos ambientales mientras se crean alternativas de combustible sostenible. La nueva dirección de la empresa se alinea con la demanda actual del mercado por prácticas ecológicas y tendencias regulatorias que apoyan fuentes de energía más limpias en los EE. UU.
Waste Energy Corp (이전 MetaWorks Platforms)은 2024년 11월 5일부터 OTC 시장에서 MWRK에서 WAST로 심볼 변경을 포함한 전략적 리브랜딩을 발표했습니다. 이 회사는 디지털 플랫폼에서 전환하여 폐기물 에너지 전환에 집중하고 있으며, 특히 폐기물 플라스틱과 사용한 타이어를 AI 및 열분해 기술을 사용하여 청정하고 재생 가능한 디젤 연료로 변환하고 있습니다. 이 전략적 변화는 환경 문제를 해결하고 지속 가능한 연료 대안을 창출하는 것을 목표로 하고 있습니다. 회사의 새로운 방향은 친환경 관행에 대한 현재 시장의 수요와 더 깨끗한 미국 에너지 원을 지원하는 규제 동향에 부합합니다.
Waste Energy Corp (anciennement MetaWorks Platforms) annonce son rebranding stratégique et le changement de symbole boursier de MWRK à WAST sur le marché OTC, effectif à partir du 5 novembre 2024. L'entreprise se détourne des plateformes numériques pour se concentrer sur la conversion des déchets en énergie, en transformant spécifiquement les plastiques usagés et les pneus usés en carburant diesel propre et renouvelable à l'aide de la technologie AI et de la pyrolyse. Ce changement stratégique vise à répondre aux défis environnementaux tout en créant des alternatives de carburant durable. La nouvelle direction de l'entreprise est en adéquation avec les demandes actuelles du marché pour des pratiques écologiques et les tendances réglementaires soutenant des sources d'énergie plus propres aux États-Unis.
Waste Energy Corp (früher MetaWorks Platforms) gibt sein strategisches Rebranding und den Wechsel des Börsensymbols von MWRK zu WAST im OTC-Markt bekannt, der am 5. November 2024 in Kraft tritt. Das Unternehmen wandelt sich von digitalen Plattformen zu einer Fokussierung auf Abfall-zu-Energie-Umwandlung, insbesondere die Umwandlung von Abfallkunststoffen und gebrauchten Reifen in sauberen, erneuerbaren Dieselbrennstoff mit Hilfe von KI- und Pyrolysetechnologie. Diese strategische Änderung zielt darauf ab, Umweltprobleme anzugehen und nachhaltige Brennstoffalternativen zu schaffen. Die neue Richtung des Unternehmens stimmt mit den aktuellen Marktanforderungen nach umweltfreundlichen Praktiken und regulatorischen Trends überein, die sauberere, in den USA ansässige Energiequellen unterstützen.
- Strategic pivot to waste-to-energy sector, addressing growing environmental market demands
- Implementation of AI & Pyrolysis technology for converting waste into renewable diesel fuel
- Alignment with regulatory trends and political push for cleaner US-based energy sources
- Complete business model transformation carries execution risks
- Early-stage transition from digital platforms to waste management technology
Effective Nov. 5th 2024 the Company's Ticker Symbol has Changed to WAST
FAIRFIELD, CA / ACCESSWIRE / November 14, 2024 / MetaWorks Platforms, Inc. ("MetaWorks" or the "Company"), (OTCQB:WAST), a leader in innovative platform technologies, proudly announces the completion of its rebranding to Waste Energy Corp, reflecting its strategic shift in focus towards becoming a waste-to-energy conversion Company. Effective Nov 5th, 2024, the company's ticker symbol on the OTC Market has changed from MWRK to WAST.
The transformation to Waste Energy Corp underscores the company's pivot from digital platforms to tackling the pressing environmental issue of waste. Leveraging cutting-edge AI & Pyrolysis technology, Waste Energy Corp aims to revolutionize waste management by converting waste plastics and used tires into clean, renewable diesel fuel thereby reducing landfill waste and providing a new US based source of clean fuel. This pivot aligns with sustainability initiatives and provides a solution that mitigates the twin crises of plastic pollution and carbon emissions.
Waste Energy Chairman Mr. Cameron Chell commented, "What started as an interesting internal strategic project has evolved into being such a meaningful opportunity that the company has elected to pursue the waste-to-energy market with its technology and service offering as its focus. Seldom does one see something like this that has so much financial potential and while having such a positive possible impact."
"We are thrilled to embark on this new journey as Waste Energy Corp," said Scott Gallagher, President of Waste Energy Corp. "The environmental impact of waste plastic and end of life tire disposal are significant. Our mission is to transform these persistent challenges into opportunities for clean energy. This change is more than a rebranding; it represents our vision to contribute meaningfully towards reducing the volume of plastic and tire waste that ends up in our landfills and oceans."
Using AI & Pyrolysis based technologies to facilitate the conversion of non-recyclable waste materials into ultra-low sulfur diesel, offering a sustainable alternative to conventional fuel sources. The process, known as pyrolysis, breaks down waste in an oxygen-free environment, resulting in a cleaner, efficient output that can significantly reduce greenhouse gas emissions.
This strategic rebranding arrives at a time when governments, industries, and consumers are prioritizing eco-friendly practices. Waste Energy Corp's focus on converting waste into fuel aligns perfectly with market needs and regulatory and political trends pushing for cleaner US based energy sources that reduce waste volume, mostly plastic waste, in landfills.
Effective November 5th, 2024 the ticker symbol has changed to WAST. The name change to Waste Energy Corp. is now completed and the Company has launched a new website at www.WasteEnergyCorp.com. Existing shareholders will not be required to take any action as the name and ticker change do not affect the company's underlying structure.
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. Specializing in the conversion of waste plastics and used tires into clean diesel fuel. The company will combine AI & Pyrolysis technologies to reduce the volume of plastic and tire waste in landfills while developing a new, clean, US based energy source.
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.
Company Contact:
Scott Gallagher, President
(727) 417-7807
scott@metaworksplatforms.io
SOURCE: Waste Energy Corp.
View the original press release on accesswire.com
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