Rubber Technology International (fka RTEK)

[razr]

Arrow 7) Now with your 6 previous arrows still in the air, here's a multi headed but very mis-guided arrow imo. You now start changing words right out of the 10Q.

"razr.... I suggest you re-read these two posts to help you sort some of this out ...see post
http://www.investorshub.com/boards/read_msg.asp?message_id=203359 -#279- and also http://www.investorshub.com/boards/read_msg.asp?message_id=204301 -#291- where the issues of getting PAID to receive tires vs. PAYING to get stock are addressed: excerpted but suggest reading both in full; "...from the purchases exceeding 6 million pounds of crumb feedstock in lieu of the normal condition of being paid to receive tires which are manufactured into sold crumb rubber."

"you state And just in case you may have forgotten, they still get paid to take in tires. ...you failed to point out they had to BUY 6 million tires."

It clearly states in the 10Q quote you pasted, that the purchase was for 6M lbs of feedstock not 6M tires. Big difference there and you of all people here should know that. In case you have forgotten, the average automobile tire weighs 20 lbs.

You must have also selectively forgot that the 10Q cleary states the following.

"This negative tire inflow condition was resolved by August 31, 2001 with the Company's execution of a multi-year contract annually providing the Company with up to 70 million pounds of tires."

And yes, they will be getting paid to take these tires. Good chance they will already be shredded too. Oh man! It just keeps getting better and better..

But thank you for that question because it is a graphic example of how you like to put a negative twist on your 10Q interpretations.

razr