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It's coming. Whether this week or next - its coming. Of that I am 100% confident.
Haha....
I'd be happy with 30 million shares at 10 cents.
30 million shares x $1 is that your question ?
Well that is the 30 million dollar question now isn't it...
Only JT and the brain trust of TXMC knows the answer...
Just huge? and how much news?
There were some pretty big trades during the run up....some orders filling at .005 for 3 million shares - that's $15k - not chump change that.
So yes, I'd be inclined to say thats insiders or involved third parties putting some "skin in the game".
News is coming - and it will be huge.
I think that JECC IS A STRONG COMPANY BASED ON previous track record in manufacruring equipment for other north american companies and they may also be a reason for the up swing in trading last week?
I do not think it is only JT who is calling the shots, the stanley group that is involved with this and has 25% share is a significant player reseach a little bit and I think you will have to agree.
Ivan, Malaysia was a different thing. Only an MOU in the far east. This is a JV right in north America. The jv alone provides tirex with cash flow. Think on that.
Also know that the players involved in this JV would not have put in the time and effort with confirming financing.
I think the hold up is us waiting for txmc to be current with the SEC and because JT has multiple deals happening. He did say "tip of the iceberg" and I believe him.
I'm sitting on 30 million shares and I'm not selling until we are at 5 cents and even then....I'm thinking to let go of 40-50% of the holdings .
This is going to be a serious deal once all the "deals" get announced - if you follow me.
Cheers.
I figured that, but from what I have been able to research about Altgen, it seems as if they are looking to build one plant in Middleton, and then another plant in Bolivar, TN, both of which will have tire recycling plants. I like this company Altgen, I think its a perfect fit for us, as far their ability to turn the recycled tires into energy. I believe this may be coming together, it seems like we got involved with the right players as far as Altgen, and JECC. This is the time, we need to go Green here, this whole idea provides solutions to our problems in a very healthy way. It will create jobs, it will get rid of our tire issues, as well as other waste and it will do it the Greenest way. My only hope is we do not run into any issues with Financing. I was here for the Malaysia deal, so thats why I haven't put a deposit on the new NSX yet, I got my fingers crossed. But I believe in JT, there has to be a reason he has seen this through, I truly feel that he believes in it more than we do, and he probably knows in his Heart that this will go into development eventually.
Ivan, I'm pretty sure both plants referenced in your post are one and the same. That being said, I believe you are right about multiple concurrent deals going on.
GLTA.
Ivan.
You have hit the nail on the head my man.
I hope everyone reads your post very very carefully.
Hi trex trex - please read the post between this and yours. I couldn't have said it better. (the one with the link) ;)
I could not have said it better.
GLTA.
Hey Guys, I haven't posted in a while, but I look at these boards everyday, and scatter the internet constantly for any updates on Tirex. I found this link, http://www.wtia.org/about/announcements/detail.php?Record=431, I have no facts, but I think right now they are in the process of closing deals for other recycling centers. This link says that they plan to begin construction in october in Middleton, Tennessee. I am wondering if this is a new development, or if this is part of our original Joint Venture. In our original press release, it says the facility will be in the Memphis City Area, but not specific location. So could this be another plant they are building, or is this the plant that is discussed in our press release. I am hoping it is an addition to the original plant. Also you guys should check out JECC website, this is the company that is going to install our system. At first I was dissapointed it wasn't Simpro, because of their reputation. But after one look at JECC website and history I came away pretty impressed. Good Luck All, I hope everything works out with the financing, and remember the new bubble is GREEN!
Hi guys I haven't posted anything for a while but I have to agree with snowie, the finance deal will come and i beleive that the volume we saw last week was due to a possible new deal that was almost done and people close to the other party involved bought into Tirex, or their was another development in the joint venture up and above what was announced in early January(financing aside).Patience is the key here, it is easy for us to wonder why it is taking so long but remember the machine costs 7.5m there is wharehousing to be figured out, transportation to begin pick up of the tires this a matter of ironing out all the details not just how the financing will work which in itself is alot harder to figure out than buying a house(althuogh the house analogy was verygood and right on the mark).
Crowley, you haven't heard any updates have you?
Wise man snowiegeorgie!!
Wise man.
Why are you commenting if there is no interest in tirex like , time and money that you need to have interest in tirex. IMO
Funding can take awhile, I like the word "finally" used in the statement from JT he has been pitching this plant for years and I think would uese words like "hopeful". I think he smells a real deal. I have been in and out of this baby for years..I love the concept...eh whatareyagonnado!
agreed. i'm just impatient after all these years!
King oil the word finally is very big. To me that means the deals, financing, and revenue is all there In place.
ok thanks. I was hoping he had some info on financing or audited financials.
Speer we are negotiating deals that will launch us into commercialization, Finally.
I don't see it posted from Tuesday. Can you try to post it again?
thanks
I posted an email from JT did everybody see it
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here's one point -
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inking a deal requires tons of due diligence, lawyers and accountants, among others. my analogy of closing on a house, it can take weeks.
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so an insider knows that a deal is being inked, but cannot be announced until DD is complete.
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so that "insider" ( to the process ) buys shares while the DD is happening, and while the agreements are being hammered out and inked.
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the completed agreements will be announced when the ink dries, so to speak. think of it as the "passing of papers" . then the announcement can be made in the newspaper, continuing the house purchase analogy just a bit more .
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remember, when you buy a house, it is announced in a local newspaper. but not until the closing day has passed. always.
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snowiegeorgie
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Maybe they got a deal with someone else, something even bigger then financing news, that company had word of it they got shares and now just waiting for things to be finalized? Lol I'm being very optimistic there, but hey it's a thought! Hah.. GOO TXMC!!
let me ask this question...with the volume and run up in price last week, one would think that a financing deal had been inked and word had leaked out. obviously still no news. any thoughts on another possible explanation for the run and now retreat?
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sorry for the double post
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IHUB slowed to a crawl this morning, and my "reply page" screen seemed to be stopped for 15 minutes. i opened a new page, and that one stuck as well. perhaps the service upgrade to IHUB caused slowdown issues ? i don't know . ( i know it was an upgrade for premium users, but upgrades can have far-reaching effects . . . )
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by the time i got the screen working, i had two screens with submit post. two identical screens, i don't know how. but me, i'm the id10t who hit "submit post" on both pages in a moment of flustered confusion.
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if the moderator would delete the second post, i'd be in his debt ( not that i am not already ! )
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snowiegeorgie
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i gotta tell ya, i agree with 1Crowley's post. there have been many disappointments in the past, i should have sold in July of '09 myself, and i have waited three long years to recover. so have we all .
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the thing is, i knew to sell then, or at least take my stake off the table, but i needed to wait for better days.
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one might respond, "to each his own", and that is 100% true, absolutely.
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but we have endured so much, waited so long . . . . and we are ( apparently ) so close to the finish.
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so i second 1Crowley's post and hope we can all hold on just a while longer.
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and beseech the universe to give great power to JT's negotiations.
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keep the faith and GLTA ! ! !
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snowiegeorgie, very tired of waiting, but still hanging in there
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i gotta tell ya, i agree with 1Crowley's post. there have been many disappointments in the past, i should have sold in July of '09 myself, and i have waited three long years to recover. so have we all .
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the thing is, i knew to sell then, or at least take my stake off the table, but i needed to wait for better days.
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one might respond, "to each his own", and that is 100% true, absolutely.
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but we have endured so much, waited so long . . . . and we are ( apparently ) so close to the finish.
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so i second 1Crowley's post and hope we can all hold on just a while longer.
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and beseech the universe to give great power to JT's negotiations.
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keep the faith and GLTA ! ! !
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snowiegeorgie, very tired of waiting, but still hanging in there
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I'm sad to see you guys selling your shares for so little.
I hate to see you selling the potential.
I'm sad for me too, as I'd really like to see us as close to a .01 as possible before the news comes.
When we were at .0059 I was super happy.
So back down to the foundation of .003. Umm what was that huge increase?
One buyer?
I admire everyone's perseverance, I am too a long time holder. Back since '98 when I got it a .28 - so yes I would like to see something happen, but I also believe in this technology and the cause so I will be around until the end. I have to say, everyone on this board has been very thoughtful, mature and professional unlike some "others". Thank you. Oh and GLTA.
one of my goals over the years with Tirex, since i wanted to get one million shares when there were only 100M out there ( acc. to pinksheets.com at the time ) was to have 1% of the company.
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one reason, while below the 5% reporting threshold, 1% would still be significant and noticeable to the company's management and board .
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and with penny stocks, especially the sub penny ones, getting to 1% can be a reasonable project . a million shares at $0.001 is only $1000.00, not too much . TXMC was a exactly one tenth of a cent when i started this fantastic voyage.
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i am also trying to buy 1% of NTUR, which is getting quite hard to do as the stock approaches 2 cents, too rich for me !
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one big reason to get to 1% of a company's stock is that calculating your share of the companies revenues, profits or market cap is really easy, just shift the decimal point to the left twice.
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so, at this time, 1% of Tirex is 25 million shares. a few people here have reported in that ballpark - i wonder how many people own 1% or over ? i think i remember one person reporting 50M shares or so, which would be 2% of the company, which is just too wonderful to contemplate.
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so if you own 1% of Tirex, and the company becomes worth $200 million dollars, then you are worth $2M, too easy to calculate for sure, but also too wonderful to contemplate.
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three cheers for JT when he completely finishes the first deal or two, when my 10M+ shares will be worth ????
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snowiegeorgie, anxiously and patiently waiting
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I'm down to the 5M range now. I sold some shares to cover my cost. Been burned by TXMC many years ago so I'm still skeptical until I see financing confirmed and construction begin.
Wow, feeling a bit insignificant compared to some of you. I have a few million, but that's a far cry from the 20's or 30+ million noted earlier by Yuna and Trex. Other than Snowie, I would guess King is in the range somewhere as well. Oh well, at least I was able to accumulate a couple million at the .0005 to .0008 range, but we all have our "risk" level on overall investment $$'s tied up - it's just nice to sit in the green for a while. Now if the financing can get secured, I feel confident "the color" won't be changing.
GLTA
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well thank you
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as a person with 10M shares ( actually a bit over ) i am biased. but still, the reason i wanted as many shares as i bought was because i was fairly certain that Tirex could go as high as ten cents when commercialized and producing revenue.
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i am ( getting ) old and am tired enough to want to retire. so my bias is that Tirex must go up so i can quit working.
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the neat thing about this game, is that we can all get rich together, one person's gain is another person's gain. i like that a lot.
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snowiegeorgie
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Hey Snowiegeorgie, i totally agree with your rationalizations and your beliefs in this!!
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i am a relative newbie compared to some of the Tirex diehards posting here.
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when i joined this club, i remember that there were 100M shares, and i was working hard to get a million. that is a clear memory from very close to 2006. i wanted to own 1% of Tirex at the time . that would have meant a lot to me then .
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then JT began issuing and issuing and issuing, and had i stayed at a million, with 2.5B out there now, i'd be a nobody.
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so i don't know anything before 2006 or so.
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getting back to valuations, i have been following them closely since the dot.com idiocy of the 90s when "eyeballs" mattered more than "revenue". how modern of the those "net people ! how quaint of the rest of us to value revenues more than eyeballs !
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we saw valuations beyond senseless. then i watched GM during it's decline, when it still had revenues of $100B and was worth exactly $100B ( quite a time before it went bankrupt ) . then i watched GM for a while longer, and in it's final fade, it had revenues still quite close to $100B, but a value of only $10B or $20B. of course, by then it was underwater with tens of billions in debts, and even larger obligations to retirees, health care and the UAW.
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so a company ( for the 20 years i've been watching ) can easily
be worth :
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o . . one-tenth of its revenue if it's dying
o . the same as its revenue if it's stagnant
o . . and 10X its revenue if it's high-growth
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of course you have to factor in sex-appeal, something that cannot be easily quantified, but when it's there it's there. perhaps that's facebook with its absurd valuation, i dunno .
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fascinating stuff, great to watch . . .
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snowiegeorgie
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To Trextrex...o/s
I believe that there was 250 million o/s.
10X rev is what I was thinking would be realistic.
do you recall the outstanding share count when this ran to $1+ back a hundred years ago in the late 90s?
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there are different metrics for different kinds of industries.
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internet, high-high-growth companies get high multiples of sales, let alone profits ( profits often come later for NET companies ) .
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let's figure that tirex is a high-growth company. then a fair place to start is to consider the market cap to be fair at around 10 times annual revenue. remember, this is just a starting point for discussion only.
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so at 2 cents, the company is worth 2.5B shares times $0.02, or $50 million dollars ( if the 2.5 billion shares have all been issued ) which implies underlying annual revenue of $5 million for this high growth company ( at valuation being 10X the revenues ). yes, the revenue is not there yet.
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let's then posit $25M in revenue, which is five times higher. then based on our loose formula, the company can be valued five times higher, which is $250 million, or ten cents a share.
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and we can find high-growth companies that meet this metric.
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will tirex get to $25 million in revenue ? seems likely if things work out.
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will tirex remain a high-growth company ? you bet !
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still, we can find stagnant ( yet still profitable ) low growth companies that are just about worth their gross annual revenue. but i don't think that's tirex for sure.
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again, just a starting point, it is too early to do P/E ratio, because you gotta get revenue first to get profits, right ?
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snowiegeorgie
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while we're waiting...
could we discuss valuation? i'd be interested in everyone's thoughts on reasonable metrics for evaluating market cap on a micro cap penny stock and where that puts Tirex.
Hey Crowley that is great 30 million. I'm just past 23 million myself. Been accumulating for a very long time. My friends and family think i'm crazy for not cashing out with a big score. I just can't, I really believe in this technology and the potential is unlimited.
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CONGRATS ON THE 30 MILLION
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your payday will be sweet ! !
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you're right on the patience, and also the 006 to 008 before the next announcement. a slow ascent, and a steady one, will be best.
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i figure each solid announcement boosts this another $0.003 to as much as $0.005. if several announcements come close together the impact might be a bit muted.
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so patience is the watchword, and i just don't know why anyone is selling now . congrats again, nice milestone !
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snowiegeorgie
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realistically, i don't see any way to get back up until news of financing hits. there's just no buying pressure to support that. it seems that the close circle that weee close enough to get the info that the deal was done have already bought in. i think we'll drift lower until the actual PR hits. hope i'm wrong! i've been long since the $1.41 spike way back when (many fewer shares!) hopefully we'll get PR soon to propel us to a new level! go tirex!
Amen to that Howie.
I wish you only the very best of success!
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300million scrap tire = 6Billion Gallons of OIL link
Video Add below:
22 Gallon of oil to make one tire
• Burning is wasteful of resources. It requires approximately 22 gallons of oil to make one tire (http://www.govlink.org/nwpsc/tires.htm). If we scrap 300 million tires per year in North America, this means 6,600,000,000 gallons of oil. This is about 150 million barrels of crude which at, say US$20 per barrel translates to US$3 billion per year (old figure $20/barrel we are going to $100/barrel).
http://www.tirex-tcs.com/enviro.htm
(Here is where gets interesting, the shredded tire has to have high quality to meet the standard to be used as fuel and here is where TXMC comes into play their technology has been designed for this separating the metal and creating the quality needed.)
http://www.tirex-tcs.com/competition.htm
Picture from website:
Microwave turns Tires into Oil Video
After the metal has been separated the product can be turned into oil/gas by a microwave system that can be added to the TCS system by Tirex (which uses cold air "FREE", doesn't use liquid nitrogen which is what is being used now and it is very expensive) .
http://www.youtube.com/watch?v=RJYa42zYZ2I&feature=player_detailpage
Click Here for Press Release Tirex has developed and owns the technology that is a U.S. and Canadian patented, semi-cryogenic tire recycling process, known as the TCS System. It is environmentally friendly, economically viable (even without tipping fees), and reduces scrap tires into -5 to -30 mesh (or finer) clean crumb rubber with a uniquely smooth morphology and saleable, intact steel wire and fiber. Tirex's proprietary process, that doesn't use liquid nitrogen, freezes the rubber and then passes it through it's patented "fracturing mill" which "breaks" the rubber apart, instead of cutting it, exposing the whole strands of steel and fiber, and leaving a value added crumb rubber, we call RutexTM, that is best suited for extrusion molding recycled rubber products and higher end performance surfaces. Tirex's full scale TCS prototype was accredited in 2001 by Recycle Quebec. In 2002 Tirex awarded Simpro S.p.A., an internationally certified high tech manufacturer and supplier, with a license agreement to exclusively manufacture the TCS technology and nonexclusive marketing rights. Tirex and Simpro welcome all governments, companies and investors interested in our business of bringing to market what we believe is the most economically viable and environmentally friendly tire recycling process in the industry. http://www.simpro.it/home.php?argid=49&pagid=18?=en Article on Tirex by The Connecticut Post Safe Harbor Statement: Certain statements made in this release may contain language describing the plans, goals, strategies, intentions, forecasts and expectations of The Tirex Corporation that may be referred to as "forward-looking statements." Several important factors could cause actual results to differ materially from those in such forward-looking statements, and Tirex could encounter unanticipated obstacles and delays in developing products, service offerings and markets. |
Rubber, steel and fibre coming out of the fracturing mill on its way for separation. | |
20-30 mesh Crumb Rubber | |
CLICK ON THESE TWO VIDEOS SEPARATELY TO VIEW: 1. Video of The TCS prototype in operation (If you have a slow internet connection, you may prefer to right click on link and save for viewing later) |
Company Overview:
The Tirex Corporation (TXMC) is engaged in the business of developing for sale, license or lease an environmentally safe patented "turn key" cryogenic tire recycling system, known as the "TCS System" The TCS System was designed and developed by us and separates tires into clean and saleable rubber crumb, steel wire, and fiber. The Company was incorporated in Delaware on August 19, 1987 under the name "Concord Enterprises, Inc." The Company's name was changed to "Stopwatch Inc." on June 20, 1989 and to "Tirex America Inc." on March 10, 1993. On July 11, 1997, the Company's name was changed to "The Tirex Corporation". Since 1993, our core business has been to develop and to initiate marketing efforts by sale or license of an environmentally friendly cryogenic tire recycling system, which we intend to sell to recycling companies and governmental agencies to enable them to recycle tires. We have devoted much of our earlier efforts to completing the design and development of our first production model and raising the financing required to do so, but for the last four years, our efforts have turned to marketing. The Company has generated only very limited revenues from operations and is still in the development stage.
The TCS-System (as copied from Simpro S.p.A.'s web site)
Simpro also means ecology. An example is the industrialization of this plant, capable of recycling rubber from used tires, by separating the former from both steel and fiber of the structure.
Doing this, the steel can be reused in foundries, the fiber returns to the textile industry, whereas the high-purity rubber is shredded into multi-sized rubber, according to the intended use: the preparation of bitumen for asphalting streets (so as to reduce the noise level), as well as the rubber industry (as processable raw material), are the major applications. The technique is based on the very-low-temperature cooling (through refrigerated air and without using nitrogen) of tire parts previously shredded, which, once they have become crystalline due to the cold, are fractured by a special-purpose mill. After this, a system of vibrating sieves, together with electromagnets, separates rubber, steel and fiber. At the end of the line, one or more mills, depending on the plant capability, pulverize the rubber into the wanted size.
There are different versions of this plant, according to the number of tires to be treated. The systems, in any case, are custom-made according to the customer's requirements.
The plant is turnkey supplied and complies with the law in force within the Country in which it is installed. Simpro offers, also for this kind of plants, a complete after-sales service, including the training of the involved personnel, the periodical maintenance, if required by the customer, as well as an emergency service in case of failure or breakdown.
http://www.simpro.it/home.php?argid=49&pagid=18?=en
http://www.simpro.it/admin/upload/documento/20050329_100859_schedaverde.pdf
TCS System vs competing technologies
- Ambient technologies tend to produce coarser crumb rubber, lower rubber yields as well as higher rubber contamination levels. This translates into lower revenues generated per tire processed. - Ambient technologies require extensive equipment to shred, cut and granulate tires which involves very significant maintenance costs and down time (frequent knife and blade sharpening and replacement, for instance). - Ambient systems generate high energy costs
- Tirex cryogenic competitors need to freeze tires with very expensive liquid nitrogen. - Tirex has proven that to produce crumb rubber cryogenically, all that is needed is to freeze rubber below its "glass point", i.e. the temperature under which rubber can be shattered like glass. Any additional cooling translates into costly wasted cooling energy. - The most important difference between Tirex cold air based system and liquid nitrogen is the very cost of liquid nitrogen, which is 2 to 3 times more expensive than cold air. In addition, liquid nitrogen is not readily available everywhere in the world (contrary to air !)
TCS Technology advantages in a nutshell
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POLITECNICO DI TORINO DIPARTIMENTO DI GEORISORSE E TERRITORIO To kind attn.: Mr. Mauro Gallo Rosso Simpro S.p.A. Via Torino 446/A 10032 Brandizzo (TO) Turin, 31st October 2003 Re.: "Theoretical certification of the Cryogenic Tire Disintegration Process US Patent No. 5,735,471" In comparison with other disintegration processes, the innovations of the Cryogenic Tire Disintegration Process, US Patent No. 5,735,471, are: · Conventional cryogenic systems make use of chemicals for freezing the tires, firstly shredded by means of blades and then subject to a further disintegration phase within a hammer mill. Through this operation, rubber, but also steel, are pulverized, fibers are chopped up to such a size that the sieves get clogged and the rubber is trapped. Maintenance costs and energy consumption of the hammer mill are high because the system, besides the rubber, also disintegrates the steel which, being in such conditions, does not have any economic value. The fluff separation requires an air suction system able to remove also 15% of the crumb rubber. Liquid nitrogen or other chemicals are very expensive and dangerous when stored and used. · Room-temperature shredding systems require cutting and grinding systems. In such conditions the energy consumption is very high, as well as the investment costs needed for the machinery. Through this solution, rubber, but also steel, are pulverized, fibers are chopped up to such a size that the sieves get clogged and the rubber is trapped. Maintenance costs and energy consumption of the hammer mill are high because the system, besides the rubber, also disintegrates the steel which, being in such conditions, does not have any economic value. The fluff separation requires an air suction system able to remove also 15% of the crumb rubber. The crumb rubber being obtained is generally a very bad quality product. · The cryogenic tire disintegration process, US Patent No. 5,735,471, consists of 2 parallel lines (one for the tire sides, one for the treads) equipped with a cryogenic chamber, cooled at -90°F through cold air at -170°F, in which is a fracturing mill (subject matter of the patent) made up of two contra-rotating cylinders supplied with projections which enable a selective rubber fracturing by leaving the steel and fiber sizes basically unchanged. Therefore this solution generates a remarkable energy saving, a high-quality and high-output crumb rubber and makes the steel saleable, as it is not disintegrated during the shredding operation. The Geo-Resources and Territory Department of the Polytechnic of Turin intends to perform some tests on a pilot system which is going to be manufactured at Simpro S.p.A. in order to assess the quality of the products being obtained and to assign a corresponding market value. In consideration of the installed technology, in any case, the separation of the three different phases - rubber, steel and fiber - is certainly optimized, thus obtaining products with a better quality in comparison with the ones existing on the market. Such theoretical analysis is furtherly confirmed by some documents (LBHA Inc. and Xerus Inc., see enclosure), certifying the quality of the rubber produced through the cryogenic tire disintegration process, US Patent No. 5,735,471, by a pilot system of Tirex Corporation located in Quebec, Canada. On behalf of the Polytechnic of Turin, Geo-Resources and Territory Department Prof. Mariachiara Zanetti Prof. Giuseppe Genon |
Importance of the Patent. Breakthrough patents, which explore whole new areas of technology, or are the first to find answers to long-standing problems, are the most valuable. Examples of such patents are Edison's light bulb, Benz's automobile engine, Cohen's polymerase chain reaction (PCR) patent, the first photocopier, or possibly an invention yet to come, such as a definitive cure for AIDS. In these cases, the patents would be so innovative that they give the owner a complete monopoly over an entire industry and are extremely valuable, often worth billions of dollars. Although most patents never reach these heady heights they are nevertheless valuable in that they can force a competitor to start innovating to keep pace with new and improved technologies and products in the market, or conversely to a license from a patent owner who has will to do so. Incremental patents, which make only small advances over existing products, are usually the least valuable though this may not be always so. A question that is often asked in relation to an incremental or breakthrough patent when endeavoring to put a price on it is 'How much would my competitors pay to use my protected product or process?'
20-year potential monopoly. Patents that are just beginning their life and which have longer to run on the their potential monopoly position understandably will have more value. It is rare that a patent nearing the end of its term will cause a great threat to its competitors. It is almost certain that they will have devised technologies or products of their own by then that will not interfere with the patent owners monopoly position. In addition, one has to take into consideration the potential business life of a patent, i.e., the duration which a patent is likely to be economically useful, if other subsequent patents are providing better alternatives to it.
Patent Significance. Every patent has its own significance in a particular area and will usually form part of an overall IP strategy either to maximize its earning potential or to allow other patents to maximize theirs. Examples of such patents are those that are used to block other key players from gaining a foothold in a market. Yet other examples are those patents that are additional to an original patent and rely on the protected matter in the original patent to successfully operate. It not uncommon for drug companies or telecom companies to take out further patents protecting a strong first generation of patents, thus securing a big chunk of a market and the ability to negotiate licenses and royalties from the protected, but much desired technology.
http://www.wipo.int/sme/en/documents/valuing_patents.htm
__________________________________________________________________________________________________________________________________________________________________________________________
Tirex Employees:
The management structure of Tirex continues to reflect the focus of the Company, to wit, a provider of advanced technologies to the environmental protection and remediation sector chain. As the Company progresses through the various stages of vertical integration, key personnel will be added with expertise in those functions which are not yet part of the current managerial requirement.
John L. Threshie, Jr., President, Chief Executive Officer and Chairman of the Board
Common Shares Outstanding:
Market Value1 | $761,400 | a/o Feb 18, 2011 |
Shares Outstanding | 2,233,499,756 | a/o Mar 01, 2011 |
Float | 1,008,296,487 | a/o Mar 01, 2011 |
Authorized Shares | 2,500,000,000 | a/o Mar 01, 2011 |
Par Value | 0.001 |
Share Structure A/O 03/01/2011
2,233,499,756 Outstanding
- All directors and officers as a group (4 persons) 225,203,269 15.48% (10K 03/31/11)
- % of Shares Owned by all Large Block Holders 999.99M
http://www.dailyfinance.com/company/tirex-corp/txmc/nao/institutional-ownership
- Projected Float= 1,008,296,487 (Distributed between 670 shareholders/float = less then 2million each)
2,500,000,000 Authorized
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The Road to Sustainability Rubberized asphalt is a high-performance alternative to traditional paving material. As a mix of asphalt and recycled rubber derived from scrap tires, rubberized asphalt is longer lasting, safer, less costly, and friendlier to the environment.
Resists cracking and rutting.
Cracks in asphalt are caused by vertical or horizontal movements beneath the overlay as a result of traffic loads, temperature fluctuations, and shifting earth. Rubberized asphalt reduces the occurrence of cracking with superior elasticity. Rubberized asphalt is also stiffer than conventional paving, which resists rutting and increases pavement life.
Improves skid resistance. Decreases splash and spray.
The safety of rubberized asphalt is greatly improved as a result of several unique attributes. Pavements made from rubberized asphalt exhibit greater skid resistance, and decreased splash and spray in wet conditions.
Decreases maintenance costs. Requires no additional capital investment.
In use for more than 40 years, rubberized asphalt is laid using the same equipment as traditional asphalt in most cases and the longer lasting properties reduce long-term maintenance costs. Plus, utilizing recycled rubber derived from scrap tires provides a reliable and consistent supply of material.
Rides quieter. Reduces stockpiles of scrap tires.
Noise pollution on highways and interstates continues to increase as traffic levels increase. However, rubberized asphalt is proven to reduce noise levels by upwards of 5 decibels. And rubberized asphalt provides an outlet for between 500 and 2,000 scrap tires per lane mile of pavement. So, for a 1-mile section of a four-lane highway, between 2,000 and 8,000 tires are creating a longer-lasting, safer, and more cost-effective roadway.
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Contact Information:
Tirex Corporation
1771 Post Road East
Westport, CT, USA 06880
Phone: 203-292-6922
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