-----BEGIN PRIVACY-ENHANCED MESSAGE----- Proc-Type: 2001,MIC-CLEAR Originator-Name: webmaster@www.sec.gov Originator-Key-Asymmetric: MFgwCgYEVQgBAQICAf8DSgAwRwJAW2sNKK9AVtBzYZmr6aGjlWyK3XmZv3dTINen TWSM7vrzLADbmYQaionwg5sDW3P6oaM5D3tdezXMm7z1T+B+twIDAQAB MIC-Info: RSA-MD5,RSA, IFyV9J4brjr3MgOb2Wd0bqTq+6vd43RKGzNpJjw07A77HwPcA8NX3R7iDIpBVuo9 4ca86bWFpJhSDG1MWd6WIw== 0001432093-10-000209.txt : 20100406 0001432093-10-000209.hdr.sgml : 20100406 20100406155609 ACCESSION NUMBER: 0001432093-10-000209 CONFORMED SUBMISSION TYPE: 8-K PUBLIC DOCUMENT COUNT: 2 CONFORMED PERIOD OF REPORT: 20100406 ITEM INFORMATION: Other Events ITEM INFORMATION: Financial Statements and Exhibits FILED AS OF DATE: 20100406 DATE AS OF CHANGE: 20100406 FILER: COMPANY DATA: COMPANY CONFORMED NAME: Vertex Energy Inc. CENTRAL INDEX KEY: 0000890447 STANDARD INDUSTRIAL CLASSIFICATION: REFUSE SYSTEMS [4953] IRS NUMBER: 943439569 FISCAL YEAR END: 1231 FILING VALUES: FORM TYPE: 8-K SEC ACT: 1934 Act SEC FILE NUMBER: 000-53619 FILM NUMBER: 10734355 BUSINESS ADDRESS: STREET 1: 1331 GEMINI STREET CITY: HOUSTON STATE: TX ZIP: 77058 BUSINESS PHONE: 866-660-8156 MAIL ADDRESS: STREET 1: 1331 GEMINI STREET CITY: HOUSTON STATE: TX ZIP: 77058 FORMER COMPANY: FORMER CONFORMED NAME: WORLD WASTE TECHNOLOGIES INC DATE OF NAME CHANGE: 20040830 FORMER COMPANY: FORMER CONFORMED NAME: VOICE POWERED TECHNOLOGY INTERNATIONAL INC DATE OF NAME CHANGE: 19940831 8-K 1 vertex8k040610.htm vertex8k040610.htm


UNITED STATES
SECURITIES AND EXCHANGE COMMISSION
WASHINGTON, D.C. 20549

FORM 8-K

CURRENT REPORT

Pursuant to Section 13 or 15(d) of the Securities Exchange Act of 1934

Date of Report: April 6, 2010
Date of Earliest Event Reported: April 6, 2010

VERTEX ENERGY, INC.
(Exact name of registrant as specified in its charter)

Nevada
000-53619
94-3439569
(State or other jurisdiction  of incorporation)
(Commission File Number)
(I.R.S. Employer
 Identification No.)

1331 Gemini Street
Suite 250
Houston, Texas 77058
(Address of principal executive offices)(Zip Code)

Registrant's telephone number, including area code: (866) 660-8156

Check the appropriate box below if the Form 8-K filing is intended to simultaneously satisfy the filing obligation of the registrant under any of the following provisions:

[__]
Written communications pursuant to Rule 425 under the Securities Act (17 CFR 230.425)

[__]
Soliciting material pursuant to Rule 14a-12 under the Exchange Act (17 CFR 240.14a-12)

[__]
Pre-commencement communications pursuant to Rule 14d-2(b) under the Exchange Act (17 CFR 240.14d-2(b))

[__]
Pre-commencement communications pursuant to Rule 13e-4(c) under the Exchange Act (17 CFR 240.13e-4(c))
 
All statements that are included in this Report and the attachments hereto, other than statements of historical fact, are forward-looking statements. Forward-looking statements involve known and unknown risks, assumptions, uncertainties, and other factors. Statements made in the future tense, and statements using words such as “may,” “can,” “could,” “should,” “predict,” “aim’” “potential,” “continue,” “opportunity,” “intend,” “goal,” “estimate,” “expect,” “expectations,” “project,” “projections,” “plans,” “anticipates,” “believe,” “think,” “confident” “scheduled” or similar expressions are intended to identify forward-looking statements. Forward-looking statements are not a guarantee of performance and are subject to a number of risks and uncertainties, many of which are difficult to predict and are beyond our control. These risks and uncertainties could cause actual results to differ materially from those expressed in or implied by the forward-looking statements, and therefore should be carefully considered. We caution you not to place undo reliance on the forward-looking statements, which speak only as of the date of this report. We disclaim any obligation to update any of these forward-looking statements as a result of new information, future events, or otherwise, except as expressly required by law.



ITEM 8.01  OTHER EVENTS

On April 6, 2010, Vertex Energy, Inc. filed a press release disclosing the results of its production volume from its licensed Thermal-Chemical Extraction Process (“TCEP”) for the month of March 2010.  A copy of the press release is attached hereto.

ITEM 9.01  FINANCIAL STATEMENTS AND EXHIBITS.

EXHIBIT NO.
DESCRIPTION
   
99.1*
Press Release dated April 6, 2010.

* Filed herewith.
 

SIGNATURES
 
 
Pursuant to the requirements of the Securities Exchange Act of 1934, the registrant has duly caused this Report to be signed on its behalf by the undersigned, hereunto duly authorized.
 
 
VERTEX ENERGY, INC.
 
     
Date: April 6, 2010
By: /s/ Christopher Stratton
 
 
Christopher Stratton
 
 
Chief Financial Officer
 

 
 
 
-2-

 
 
 
 
 
 
 
 
 
 
 

EX-99.1 2 ex99-1.htm ex99-1.htm
Exhibit 99.1
 
Vertex Energy, Inc. Announces Better Than Expected Thermal-Chemical Extraction Process Production Volume for March 2010
 
 
HOUSTON--(BUSINESS WIRE)--Vertex Energy, Inc. (“Vertex” or the “Company”) (OTCBB:VTNR), a leader in the aggregation, recycling and processing of distressed hydrocarbon streams, today announced better than expected production volume from its licensed Thermal-Chemical Extraction Process (“TCEP”) for the month of March 2010. The Company produced over 30,000 barrels of diesel replacement product for use in ship fuel during the month of March 2010, versus a previously forecasted volume of approximately 22,000 barrels as outlined in its Form 8-K filing filed with the Securities and Exchange Commission on January 15, 2010.
 
“We were very pleased with the production from our TCEP process in March of this year,” said Benjamin P. Cowart, Vertex’s Chief Executive Officer. “During the first week of March we temporarily halted production to implement some process improvements designed to increase throughput and enhance the efficiency of the process. We were able to put these improvements into place quickly and saw the benefits during the duration of the month as evidenced by exceeding our forecasted production volume by over thirty percent.”
 
Vertex has been selling finished product from its licensed Thermal-Chemical Extraction Process, a business initiative within the Refining & Marketing Division since July of 2009. “It is my belief that our TCEP results for March mark a significant turning point for the Company,” said Mr. Cowart. “While we still have additional improvements to make, we are very encouraged by these results and believe that TCEP will be one of the key business areas that will drive the growth of Vertex in the years to come,” concluded Mr. Cowart.
 
ABOUT VERTEX ENERGY, INC.
 
Vertex Energy, Inc. (OTCBB:VTNR) is a leader in the aggregation, recycling and processing of distressed hydrocarbon streams thereby reducing the United States’ reliance on foreign crude oil. Vertex’s focus, as a participant in the alternative energy and environmentally friendly investment sectors, is on creating increased value in the products it manages and produces through a variety of strategies and technologies that facilitate the re-refining of used oil and off specification commercial chemical products into higher value commodities. By creating higher value products from distressed hydrocarbon streams, the Company is positioned to produce both financial and environmental benefits. Vertex is based in Houston, Texas with offices in Georgia and California. More information on the Company can be found at www.vertexenergy.com.
 
This press release may contain forward-looking statements, including information about management’s view of Vertex’s future expectations, plans and prospects, within the safe harbor provisions under The Private Securities Litigation Reform Act of 1995 (the “Act”). In particular, when used in the preceding discussion, the words "believes," "expects," "intends," "plans," "anticipates," or "may," and similar conditional expressions are intended to identify forward-looking statements within the meaning of the Act, and are subject to the safe harbor created by the Act. Any statements made in this news release other than those of historical fact, about an action, event or development, are forward-looking statements. These statements involve known and unknown risks, uncertainties and other factors, which may cause the results of Vertex, its divisions and concepts to be materially different than those expressed or implied in such statements. These risk factors and others are included from time to time in documents Vertex files with the Securities and Exchange Commission, including but not limited to, its Form 10-Ks, Form 10-Qs and Form 8-Ks. Other unknown or unpredictable factors also could have material adverse effects on Vertex’s future results. The forward-looking statements included in this press release are made only as of the date hereof. Vertex cannot guarantee future results, levels of activity, performance or achievements. Accordingly, you should not place undue reliance on these forward-looking statements. Finally, Vertex undertakes no obligation to update these statements after the date of this release, except as required by law, and also takes no obligation to update or correct information prepared by third parties that are not paid for by Vertex.
 
Contacts
 
Vertex Energy, Inc.
Matthew Lieb, 310-230-5450
matthewl@vertexenergy.com
 
Or
 
Gross Capital, Inc.
Barry Gross, 361-949-4999
vertex@grosscapital.com
 

 
 

 
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