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Sunday, February 03, 2002 10:03:03 PM
There's a big difference. News is coverage by independent press organizations. Press releases are issued by the company and "published" unedited.
What kind of releases could Tirex issue, hmmmmm?
Maybe another HUGE crumb rubber customer? They announced an order for 150k lbs/month in August from Animat, who could consume that much in a single day and would take all that Tirex delivered. How much actually was delivered? Not very much it seems, and according to the President of Animat, the initial delivery of a few bags of crumb was returned because it contained too much fibre. Apparently the Tirex release was full of fluff too. We'll know exactly how much was delivered when the 10QSB is issued in two weeks. Expect pretty low numbers in the accounts receivable and revenues. So if they announce another HUGE customer order, why should anyone get excited if they've failed to deliver on the last big order they announced.
Or maybe they'll announce a sale. They're practiced at announcing sales. At one time Tirex claimed to have orders for 14 TCS systems worth $41MM. What was actually built? None! Then there was the Crioengineering farce followed by the Well Express fiasco.
Maybe they'll just announce that they've settled their dispute with Laurus, or Tri-Steel, or maybe something has happened with the still-pending Sinclair lawsuit.
Oh yes, hypester. News coming! LOL!!!
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