Terry Lyons

VeroLube, Inc.(“VeroLube”) owns the proprietary patented ReGenTM re-refining technology for producing high yields of high quality hydrocarbon products from used oils. Currently, the vast majority of used oil is utilized in an environmentally harmful and wasteful manner, thereby contributing to air and soil contamination as well as their dependence on crude oil. The VeroLube structure has VeroLube, Inc, the parent company, holding the ReGenTM technology developing and operation of used oil re-refining plants globally, developing re-refineries with joint venture partners and license technology to third parties. VeroLube is undertaking a consolidation of used oil collection companies across North America as a standalone business not only targeting used oil collection to supply VeroLube re-refining plants. ? VeroLube will also operate a commodities division that will secure and manage all the feedstock and off-take contracts including the transportation of products to the plants for any wholly owned or Joint Venture plants.