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can anyone tell me if pmxx ever started making the new ties ?
if so how many a year ?
glty
Primix Announces Exclusive North American License
Primix Corporation (OTC:PMXX), developer of the "Primix Tie," is pleased to announce that it has entered into an exclusive North American and Mexico license agreement with Dynamic Composites, LLC, which is substantially owned and controlled by Steel Dynamics, Inc. Under the license agreement, Primix received a license fee for granting Dynamic Composites the exclusive right to manufacture, market, and distribute the composite ties throughout North America and Mexico. Primix will also receive certain royalties based upon the sales of the composite ties throughout North America and Mexico during the term of the license agreement. Carl Fischer, President of Primix Corporation, stated that, "We are proud to entrust Dynamic Composites, LLC with an exclusive North American and Mexico license for our composite tie and believe that both have the potential to benefit under the license agreement. Steel Dynamics, Inc. is a highly respected and successful domestic steel supplier and our composite tie fits very well with the product mix to be offered by the structural and rail division of Steel Dynamics, Inc." Fischer added, "The financial benefits provided to Primix under the license agreement should further assist us with efforts to license our composite tie technology internationally and to move forward with the manufacture and marketing of the "Primix Tie" in China under our April 2005 Joint Venture/License Agreement with Qingdao Maple Leaf Environmental Technologies, Inc."
In addition, the "Primix Tie" has been extensively tested during in-service trials at the Transportation Technology Center in Pueblo, Colorado. Primix estimates its composite tie to have a service life of 60 years, compared to a life of 10 to 15 years for creosoted hardwood ties. Primix also believes that the composite tie offers other advantages, including greater vibration dampening, which will result in a smoother ride, less wear on railway equipment, and reduced rail bed maintenance. Weighing about 50 percent more than traditional wooden ties, the composite ties can handle heavier railcar loads and can be installed with wider spacing than the wood counterpart. The ties further provide better lateral stability, which helps to hold the gauge of the rail tracks and promote better locomotive fuel efficiency.
About Primix Corporation:
Founded in 1996, Primix Corporation is the developer of a revolutionary patented combination composite railroad tie intended to serve the world railroad market. The combination is a steel reinforced concrete core encapsulated in a recycled composite shell. Primix railroad ties are manufactured from recycled high-density polyethylene and recycled rubber. Their superior design and performance are projected to be significantly stronger and last significantly longer than traditional wooden ties. Primix holds patents on its composite railroad tie in the United States, Australia, and China. Worldwide patent applications have been filed and are pending in Canada, Mexico, Brazil, Europe, and Japan. For more information about Primix Corporation, please visit http://www.primixcorp.net.
Forward Looking Statements:
This statement contains forward-looking statements within the meaning of the Private Securities Litigation Reform Act of 1995, as amended (the "Act"). In particular, when used in the preceding statement, the words "interest", "anticipate", "assisting", "estimates", "projected", "believes", 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. Such statements are subject to certain risks and uncertainties and actual results could differ materially from those expressed in any of the forward-looking statements. Investors are cautioned that all forward-looking statements involve risks and uncertainties, including, without limitation, industry acceptance of the Primix composite railroad tie, availability of raw materials, equipment failures, labor disputes, competition, pricing pressures, and other risks detailed from time to time in the company's periodic reports filed with the SEC, other news releases, and publications.
Primix Corporation
Carl Fischer, 574-858-0069
Source: Business Wire (April 4, 2006 - 9:00 AM EDT)
News by QuoteMedia
www.quotemedia.com
well got to go make money
talk to all later
have a nice day
hellothere
solong
goodbye
train leave tracks
knock knock
who dare
you dare
if you check out this sight
please leave a post
this soon to be sky high stock
that is what i hope for
hellothere
what time is it there
I did check out the weather there it is nice
this must be where casper hangs out
where did hello go?
looking for more posts
no not neck ties rail road ties
I feel profits should be up
china should be building ties by now
should get report soon I would think
I agree this is a great stock
don't know why this sight don't have more posts
pmxx all the way
gte is also a stock to look into
smells like money
there is a change in the air
here comes the sun
great job primix
oh where oh where is the posts?
think there is money in here
anyone there
how is weather in China?
it can only be a $100 stock if no one sells it for less
does this thing have spell check?
slow day yesterday
(BUSINESS WIRE) --Primix Corporation (NASDAQ OTC:PMXX) developer and manufacturer of the "Primix Tie" is delighted to announce that a Joint Venture/License Agreement between Primix Corporation and Qingdao Maple Leaf Environmental Technologies, Inc. (QMLET) was finalized and signed on April 28th, 2005. This agreement allows QMLET to produce the "Primix Tie" exclusively in China. This contract was signed pursuant to The State Intellectual Property Office of the Peoples Republic of China allowing the Primix patent for a composite railroad crosstie. Primix filed a patent application in China on November 12, 1999 based on its US patent application. This application was published in the Chinese Patent Gazette for Invention, Volume 18, Issue Number 4. The application was granted on December 24, 2004. The Chinese Patent Certificate will be issued about June 8, 2005. This much anticipated development has been a major hurdle in the signing of a Joint Venture/License Agreement with Qingdao Maple Leaf Environmental Technologies, Inc.
Extensive time was needed to finalize all the terms and conditions for this dramatic new joint venture. The basics of the Joint Venture/License agreement provides for a per crosstie royalty and a 25% equity interest of QMLET by Primix Corporation, making Primix one of the "only" composite crossties licensed in China.
Mr. Yuan Qiang, President/CEO of Qingdao Maple Leaf Environmental Technologies, Inc., projects, "The Primix China plant will be in production by September 15, 2005. It is anticipated that production should reach 500,000 crossties within six months and 1,000,000 crossties by September 15, 2006." The Primix China plant is a new 60-acre complex complete with a 70,000 sq. ft. production facility, including a three-story office complex, a warehouse, two engineering buildings, a canteen, and multiple three-story buildings to house employees. The production capability of this new plant is 2,000,000 crossties/sleepers per year.
China is one of the world's fastest growing economies. According to the China Railways Magazine Number 2/2000, China planned to invest 50 billion annually in railway construction from 2000 to 2005. In 2000, China had 70,057 total km (43,531 miles) of track by 2003 this had increased to 73,002 km (45,361 miles) an increase of 6% over a three year period. By 2020, China has the ambitious goal of adding 28,000 km (17,398 miles) of railways. In the last 30 years China's total rail has increased by 33%. The anticipated need for new crossties in China for the next few years is close to 90,000,000 crossties.
This press release contains forward-looking statements identified by words such as "believe," "expect," "anticipates" and similar expressions. Actual results might differ materially from those projected in, expressed in or implied by the forward-looking statements. Primix Corporation cautions investors not to place undue reliance on forward-looking statements, which speak only as to management's expectations on this date.
Some paragraphs of this press release, particularly those describing Primix's strategies, operating expenses reductions and business plans, contain forward-looking statements within the meaning of Section 27A of the Securities Act of 1993, as amended and Securities Act of 1933, as amended, and Section 21E of the Securities Exchange Act of 1934, as amended. While Primix is working to achieve those goals, actual results could differ materially from those projected in the forward-looking statements as a result of a number of factors, including difficulties in marketing its products and services, need for capital, competition from other companies and other actors, any of which could have an adverse effect on the business plans of Primix, its reputation in the industry or its expected financial return from operations. Factors such as these could have an adverse effect on Primix's results of operations. In light of significant uncertainties not included in the forward-looking statements herein, the inclusion of such information should not be regarded as a representation by Primix that it will be achieved.
SOURCE: Primix Corporation
Primix Corporation
Carl Fischer (Investor Relations), 574-858-0069
Web Site: http://www.primixcorp.net
Copyright Business Wire 2005
China is one of the world's fastest growing economies. According to the China Railways Magazine Number 2/2000, China planned to invest 50 billion annually in railway construction from 2000 to 2005. In 2000, China had 70,057 total km (43,531 miles) of track by 2003 this had increased to 73,002 km (45,361 miles) an increase of 6% over a three year period. By 2020, China has the ambitious goal of adding 28,000 km (17,398 miles) of railways. In the last 30 years China's total rail has increased by 33%. The anticipated need for new crossties in China for the next few years is close to 90,000,000 crossties.
Mr. Yuan Qiang, President/CEO of Qingdao Maple Leaf Environmental Technologies, Inc., projects, "The Primix China plant will be in production by September 15, 2005. It is anticipated that production should reach 500,000 crossties within six months and 1,000,000 crossties by September 15, 2006." The Primix China plant is a new 60-acre complex complete with a 70,000 sq. ft. production facility, including a three-story office complex, a warehouse, two engineering buildings, a canteen, and multiple three-story buildings to house employees. The production capability of this new plant is 2,000,000 crossties/sleepers per year.
25% up friday not bad
Primix Corporation (NASDAQ OTC:PMXX) developer and manufacturer of the "Primix Tie" is delighted to announce that a Joint Venture/License Agreement between Primix Corporation and Qingdao Maple Leaf Environmental Technologies, Inc. (QMLET) was finalized and signed on April 28th, 2005. This agreement allows QMLET to produce the "Primix Tie" exclusively in China. This contract was signed pursuant to The State Intellectual Property Office of the Peoples Republic of China allowing the Primix patent for a composite railroad crosstie. Primix filed a patent application in China on November 12, 1999 based on its US patent application. This application was published in the Chinese Patent Gazette for Invention, Volume 18, Issue Number 4. The application was granted on December 24, 2004. The Chinese Patent Certificate will be issued about June 8, 2005. This much anticipated development has been a major hurdle in the signing of a Joint Venture/License Agreement with Qingdao Maple Leaf Environmental Technologies, Inc.
JUST REMEMBER - IF THE WORLD DID NOT SUCK, WE WOULD ALL FALL OFF.
I like stock it is better then any job I ever had
HARD WORK PAYS OFF IN THE FUTURE. LAZINESS PAYS OFF NOW.
pmxx is like the speed of light on it's way up
msft is like dark
OK, SO WHAT'S THE SPEED OF DARK?
GET A NEW CAR FOR YOUR SPOUSE. IT'LL BE A GREAT TRADE
REMEMBER, HALF THE PEOPLE YOU KNOW ARE BELOW AVERAGE.
99 PERCENT OF LAWYERS GIVE THE REST A BAD NAME
I like percents
after all
42.7 PERCENT OF ALL STATISTICS ARE MADE UP ON THE SPOT.
now where are you
ON THE OTHER HAND, YOU HAVE DIFFERENT FINGERS
pmxx all the way
and remember A DAY WITHOUT SUNSHINE IS LIKE, NIGHT.
i is here
SAVE THE WHALES. COLLECT THE WHOLE SET.
well got to go buy some stock
talk to you later
gte
csjj
pmxx
I think you should get up now
this is great morning
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