PRESS RELEASES
We believe consistent, honest communication with our shareholders is critical to our success.
January 30, 2023
Greenwave Expects Optimal Market Conditions in 2023
Greeenwave is pleased to share that it expects optimal market conditions for scrap metal recycling throughout 2023 and for the foreseeable future, with prices for many of the Company's products near record highs.
Greenwave Secures New Customers to Increase Margins
January 26, 2023
Greenwave is pleased to announce that over the past several months, it has established relationships with leading international and domestic steel mills to secure the best possible prices for each type of metal it processes.
Greenwave CEO Danny Meeks Waives Quarterly Bonuses for Fiscal Year 2023
January 20, 2023
Greenwave’s Chief Executive Officer Danny Meeks has agreed to waive his quarterly bonuses due under his employment agreement for fiscal year 2023. This waiver is expected to reduce operating expenses and improve free cash flow by approximately $1 million.
Greenwave Operating Metal Processing Facility in Chesapeake, VA
January 13, 2023
Greenwave expects its profit margins on the metal processed through its Chesapeake facility will increase by 20-25% as a result of the Company preparing metal for steel mills, stripping wire and non-ferrous metals, and cutting metals to the proper size for shipping both international and domestic
Greenwave’s Norfolk Facility Obtains Automotive Recycler License from Virginia Department of Motor Vehicles
January 11, 2023
The Company’s Norfolk facility – its highest volume yard – now has the ability to purchase scrap cars directly from customers
Greenwave Opens 12th Metal Recycling Facility in Fairmont, NC and Announces Results of its Annual Meeting of Shareholders
December 1, 2022
Greenwave’s shareholders overwhelmingly approved each of proposed corporate actions and elected the Company’s existing board of directors by a wide margin.
Greenwave to Present at Dawson James Small Cap Growth Conference Today at 11:30am ET
October 12, 2022
Greenwave's Chairman and Chief Executive Officer, Danny Meeks, will be presenting at the Dawson James 7th Annual Small Cap Growth Conference this morning, October 12, 2022, at 11:30am ET.
Greenwave Appoints Ashley Sickles as Chief Financial Officer
September 19, 2022
The Company is on track to open two additional metal recycling facilities, as well as completing the installation of its second automotive shredder to double its metal processing capacity, in the fourth quarter of 2022
Greenwave to Withdraw Registration Statement on Form S-3
August 25, 2022
Simultaneous with its NASDAQ listing on July 22, 2022, all of the Company’s convertible debt converted into shares of common stock at a conversion price of $6.02 per share
Greenwave Reports Record Q2 2022 Revenues and Cashflows from Operations and Announces it Will Open Two New Metal Recycling Facilities Following Listing on Nasdaq
August 10, 2022
Company to Ring Nasdaq Opening Bell on August 10, 2022. The Company filed its Quarterly Report on Form 10-Q for the Second Quarter of 2022, reporting record revenues of $10.70 million and cashflows from operations of $566,238 for the 6 months ended June 30, 2022
Greenwave to Begin Trading on NASDAQ at Market Open on Friday, July 22, 2022
July 21, 2022
The Company operates 11 metal recycling facilities in Virginia and North Carolina, generating record revenues of $10.70 million during the quarter ended June 30, 2022, and is positioned for rapid expansion
Greenwave Generates Record Revenues of $10.70 Million in Q2 2022, an Increase of 56% over Empire’s Q2 2021 Revenues
July 5, 2022
The Company generated $10.70 million in revenue in the second quarter of 2022 and generated positive cashflows from operations for the six months ending June 30, 2022
Greenwave Generates Record Revenues in Excess of $10 Million in Q2 2022
June 27, 2022
The Company has generated revenues in excess of $10 million during the second quarter of 2022 and expects to generate positive cashflows from operations for the six months ending June 30, 2022
Greenwave Gearing Up for Significant Expansion
June 21, 2022
The installation of the Company’s second automotive shredder and downstream system are on track to be completed in Q3 2022, which is expected to double its processing capacity and expand its profit margins
Greenwave Expects Q2 2022 Revenues to Grow by 40% over Empire’s Q2 2021 Revenues
June 7, 2022
The Company expects revenues for the second quarter of 2022 to grow by 40% over Empire’s second quarter 2021 revenues and to generate positive cashflows from operations for the six months ending June 30, 2022
Greenwave Reports Record Revenues of $9.92 Million in Q1 2022
May 16, 2022
The Company generated positive cashflows from operating activities and eliminated $44 million in derivative liabilities during the first quarter of 2022
Greenwave Appoints Three Independent Directors
April 20, 2022
The Company expects to submit its application to uplist to a national exchange imminently
Greenwave Generates Revenues of $9.7 Million in Q1 2022
April 18, 2022
The Company is currently installing an additional automotive shredder and downstream system which is expected to double its processing capacity
Greenwave to Begin Trading Under Ticker “GWAV”
March 25, 2022
The Company has generated record revenue in the first quarter of 2022 and is preparing its formal application to uplist to a national exchange
Greenwave Experiences Margin Growth as Commodities Prices Surge to Record Highs
March 8, 2022
Prices for copper and steel – two of Empire’s main products – have increased significantly in 2022, driven by increased demand and inflationary pressures
Greenwave Outlines Growth Plans for 2022
March 7, 2022
Company plans to focus on acquiring profitable metal scrap yards in localities where the number of licenses is capped
Greenwave To Begin Trading Under Ticker “GWAV” On March 28, 2022
March 3, 2022
Company on track to meet all stated NASDAQ listing requirements in March 2022
Greenwave Installing Second Automotive Shredder and Downstream Processing System
February 28, 2022
New Machinery Expected to More Than Double Revenue Generating Capacity
Greenwave Technology Solutions to Effect Share Consolidation to Meet Nasdaq Share Price Listing Requirement
February 25, 2022
The effective date of the Consolidation is February 28, 2022. Trading of the Common Shares on a post-Consolidation basis will commence on or about February 28, 2022.
Greenwave Technology Solutions Issues 2022 Chairman’s Letter
January 13, 2022
Fully-funded after closing a $37.7 million offering, Greenwave intends to rapidly expand its footprint of metal recycling facilities, aggressively grow its revenues, and create significant shareholder value this year
Greenwave’s Subsidiary, Empire Services, Generated $19.6 Million in Revenue during First Nine Months of 2021
December 20, 2021
Empire has more than doubled its 2020 revenue in 2021 and expects to further grow its revenues and cashflows generated from operating activities in 2022
Greenwave To Open its 12th Metal Recycling Facility in Fairmont, NC
December 8, 2021
The Company has secured the licenses and permits to open its Fairmont, NC facility on or about January 12, 2022 and is expected to immediately contribute to its revenue growth
Greenwave Announces $37.7 Million Private Placement
December 1, 2021
Company has redeemed all of its Series X and Y preferred shares, retired outstanding debt prior to this offering, and will utilize additional proceeds to accelerate revenue growth
Greenwave Technology Solutions Divests All Social Media Assets
November 1, 2021
Greenwave has no exposure to the cannabis industry and is focused exclusively on expanding its footprint of metal recycling facilities
Greenwave Technology Solutions Issues Chairman’s Letter
October 18, 2021
Company plans to aggressively roll-up metal recycling facilities, expand its Board of Directors, and apply for a listing on the NASDAQ or NYSE.
MassRoots Announces Plan to Adopt New Corporate Name “Greenwave Technology Solutions, Inc.”
October 12, 2021
New Corporate Name Emphasizes Focus on Environmental Technology
Empire Acquires Virginia Beach Metal Recycling Facility
October 6, 2021
Located in Virginia’s largest city, the Company expects its 11th metal recycling facility will be one of its busiest locations in both revenue and recycling volume
MassRoots, Inc. To Present At Dawson James Securities 6th Annual Small Cap Growth Conference
October 4, 2021
MassRoots recently closed its acquisition of Empire Services, Inc. in a transaction valued at approximately $23.6 million.
MassRoots Closes Acquisition of Empire Services, Inc.
October 1, 2021
As a result of the Empire acquisition, MassRoots has shifted its business focus and plans to apply to uplist to a national exchange in the coming weeks
MassRoots Issues Update on its Planned Acquisition of Empire Services, Inc., Which is Continuing its Expansion
July 6, 2021
MassRoots, Inc. recently entered into a Letter of Intent to acquire Empire Services, Inc., which is expected to result in MassRoots generating significant revenues and positive cashflows from operations