I don't defend or berate the company. All I know it has been a tortuous almost 3 years.

The year estimate is subject to the financing and joint venture being formed probably in a timely manner. I think "re-grouping" means forming the joint venture which is re-grouping the three companies. It's just a long, long wait and of course, anything can happen including delays and glitches. Whatever does happen, positive and negative, though, this venture wasn't fabricated.

Anything is possible. There was an actual filing with the SEC on the venture. If you go through all the news stories for Altgen and Hardeman County, you'll see that Altgen is already far behind in its plans. This is for Grand Junction, Tennesee below, dated September 14, 2011:

http://www.bulletintimesnews.com/index.php?option=com_content&view=article&id=1610:grand-junctions-board-plenty-of-action&catid=1:latest-news&Itemid=44


"Mayor Curtis Lane talked The Altgen company plans for the use of the old Sequentia building is for shredding tires. There would be no burning of the tires that will be bought from other counties and would shipped out immediately. Mayor Lane said Altgen plans to employ 175 workers by the end of the year."

I

The financing for the audited fiancials should come through this month. That doesn't mean the audited financials will be done this month.

I don't think you could involve the City Councils, the mayors and convince the county to give you tax breaks if this is a farce.

In the meantime, someone must still be betting on Tirex eventually rising because there is a 10,000,000 bid at .001. The MMs are attempting to ease the spread with between .001 and .0014 with little 5,000 share bids. Essentially, though, there is very little available on the ask. That's the risk one takes trading this stock, other than it just being an sub-penny speculative stock. Once you exit, it can be difficult to re-enter on all or nothing trades.

JT's mysterious email to shareholders addressed the state of where things are in Tennessee. It also addressed the issue of a new JV and where the audited financials are. Everyone who has gotten the email at the beginning of the month is very hesistant to disclose details much about it. I am not going to reproduce it here or disclose details of where there few. Someone else can do that but until something is very specific and happens, we won't hear anything in a PR. I don't know if you'll get any info out of anyone. I think Stanton contact info is below.

Mr. Brooks Stanton (803) 586-6915
916 Riverview·Drive
West Columbia, SC 29169
brooksstanton@hotmail.com


Their other partner is the:

The Stanley Group
John C. Stanley
(843) 737-2006

Johnathan C. Stanley
(717) 462-1408
Charleston, SC 29464
tirecrumb@gmail.com

At this point everyone has had it. I am beyond having had it. All I can say is that Tennesee was or maybe still is a geniuine deal. We have the news reports and the council minutes. It wasn't a figment of JT's imagination. Missouri was or is real. Again, there are city council minutes. But JT has never issued a press release about Missouri. It's just that he or someone previous has cried wolf so many times in the past 12+ years that I don't know if some of us would believe if it ever happened.

I think the cheapest virtual office comes with a receptionist to answer the phone.

http://virtualoffices.regus.com/products/default.htm#menuThree

Someone must think this is eventually going to rise above .001. There is a 9,500,000 buy at .001. It's appears that it's the only non MM bid and ask on the boards this morning.

There was mention of in the mysterious email update from JT discussed a week or two weeks. I did receive the update and it was mentioned so it another iron in the fire. I believe JT also mentioned it before to someone. The Missouri deal is something that JT has never said much about.

It looked as if the construction company and TSU were both in the space as a "tire retreading" facility was mentioned in the document. Maybe the construction is expanding because TSU is moving the other location?

Three projects brewing if you search some posts from some who has corresponded with JT. Missouri, Tennesee and the Domincan Republic.

If you read the SEC filing, notice no one promised instant tire recyling. They also say "subject to financing".

http://www.sec.gov/Archives/edgar/data/823072/000117152012000004/eps4486.htm

"Based on previously obtained information and experience, and subject to the rapidity of the establishment of the JV Corp and the signing of a definitive contract for the system fabrication and installation, other than the collection of fees for and the preparation of the scrap tires, we anticipate the commencement of commercial production with respect to the TCS System specifically, to occur in approximately one year."

The only promises have come from emails to John who will never say anything substantial in an email and heresay. BS in my opinion comes from companies that constantly issue press releases every week to pump the stock. From what I've seen, those are usually the companies that rise the quickest and fall the fastest and often end up being charged with fraud. If you anticipate the waves, you can make a lot of money. If not, you lose. I can think of numerous companies that some of you might have invested in in the past three years whose officers are now facing criminal charges.

Starting a business is speculation. The long-held belief is that 50 percent of businesses fail in the first year and 95 percent fail within five years. I don't think that is true really. I belive it's more like 7 out 10 succeed for two years.

It's all speculative. Sub-penny's are the most speculative plays of all but as with all speculative plays, they have the greatest chance of failure and the highest payoff if successful. It takes an iron stomach to stick with them through the ups and downs on the road to success and putting aside ego to acknowledge the loss when they fail. Most investors experience quite a lot of loss before they encounter success. That's just the nature of the game.

What a good idea! How about constructions jobs as they will have to build the facilities before they staff them.

If you sift through the news for this from last summer from the first link I posted in Post #4811

http://bulletintimesnews.com/index.php?searchword=Altgen&ordering=&searchphrase=all&Itemid=44&option=com_search

you see Chip Harriford is the COO. It seems like they had anticipated being up and running at one point by last October but seem to be saying breaking ground this year between January and October 2012.

This is what one does when one is bored. Google anything related to Tirex.

Does anyone belong to Linkedln? I found this was Googling "Altgen-Hardeman County LLC."

Rob Ervin's Experience
Production Manager Altgen

August 2011 – Present (9 months) Hardeman Co. Tennessee

Oversee overall production of four Waste to Energy facilities to be located in Hardeman County, TN. Currently involved in every area of this extensive start-up project - including sales, management, contract negotiations, procurement of special licensing and permitting, construction estimates, basic engineering planning, logistics, meeting schedules, public appearances, hiring, etc.

Below is an excerpt from Hardeman County Council meeting. The quoted exerpt is from August 10, 2011. There are numerous other articles available in the first link. There is a Altgen-Hardeman County LLC. and you can see they have an office in Bolivar and they are moving their corporate headquarters.

http://bulletintimesnews.com/index.php?searchword=Altgen&ordering=&searchphrase=all&Itemid=44&option=com_search

http://bulletintimesnews.com/index.php?option=com_content&view=article&id=1298:county-commission-has-full-agenda&catid=31:general&Itemid=44

"An agreement between the county and Altgen-Hardeman County LLC, was passed out for the commissioners to review. Mayor Spencer told them that he would like each of them to review the agreement and to vote on it during a special called meeting August 2. Chip Harriford, COO of the company addressed the commission telling them that an agreement between them and the city of Middleton was reached earlier in the week and he had picked up keys to his new office located in downtown Bolivar that day. He said the company will be moving their corporate headquarters to Bolivar and hired their first two employees to man the office. He also informed the commission the company is looking to hire 500-600 people to work in both facilities if the county approves the agreement."

Might see triple zeros pretty soon.

It's the usual noontime nosedive.

I don't think you can tell much from either email except it wasn't "coming very soon" which is typical. John never says anything in emails. Sometimes, he doesn't even say anything in press releases.

Okay. We got little late day volume and upswing in the price. Is this just Tirex insanity? The MMS are providing a floor on the bid at .0042 and .004

Has anyone who knows anyone connected to Tirex asked if they are still committed to being up to date with reporting in this Q? I think we are due a PR because of the issuing of shares and the new office space.

According to my horoscope, Friday, April 13 is supposed to be a very lucky day. It's supposed to be my day for a financial windfall. Could it possibly be that that's the day that tires freeze over and miraculously turn into crumb rubber?

I just looked at Level II and that bid is now gone.

John's moving around quite a bit. First, new office location and now he's moved out of Westport to Darien, CT. Hope all this movement translates into Tirex moving up.

Slow going though for that bid as there's not near enough shares on the ask right now.

There must be a SEC filing coming because I believe Tirex would have to notify them of a change of address. It appears this is multi use office space, which can including virtual offices which would be great for Tirex. It gives them office space, phone, fax and mail, services and meeting space for a reasonable price. It's a step up from a home office and PO Box. The company Regus has the whole 3rd floor, not Tirex.

Snowie, there such a thing as Threshie time. We've lived it for several years. Soon could be years.

Snowie, there such a thing as Threshie time. We've lived it for several years. Soon could be years.

Okay, like waiting for tires to freeze over. Hopefully that takes less time than it would for hell to freeze over.

Like I said, waiting for hell to freeze over.

I think the issuing of the shares in an indication that something is coming fairly soon. In the past, Tirex has usually issued a press release when they file any forms with the SEC. So they haven't so I think some things must be coming soon.

I don't think it was a wet blanket more like suspended trading. I think everyone is just holding and waiting.

Now what weirdness. Must be over 5 million shares traded and down to .0031 in a matter of minutes.

At one point, prior to or simultaneously to the Malaysia MOU, Simpro was working on a machine in Brazil I think. That was never completed. Simpro was waiting for the first sale I think to complete it. I also believe there were deals that were due to be signed with Simpro in Spain for the machine but then Greece, Spain and Italy's economies tanked.

I am hoping we are in stage 3 and not stage 2.

Scoobey, where have you been? We've missed you.

If you look at the SEC filing for the joint venture, Louis Muro signed it.
http://www.sec.gov/Archives/edgar/data/823072/000117152012000004/ex99-2.htm

I've held for 12 years. So this is a pretty slow race hourse.

It feels like we're waiting for hell to freeze over.

I almost dread it when Tirex posts news because it's a long, excruciating wait for the anticipated next news. It'll be 2 months soon and it feels like years.