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Wednesday, 06/03/2009 4:05:10 PM

Wednesday, June 03, 2009 4:05:10 PM

Post# of 8728
Colorado acquisition : filings ?

In the interview with the Magog reporter, Mr. Glusik mentions that MDOR acquired a tire dump in Colorado. Is this so ?

Did they file anything on this, or is it only PR ? Please Mr Glusik file a copy of the final contract ? This time make sure that all the names are there, and that there is no contradicting document in the filing exhibits.

I checked tipping fees (price one has to pay to dump his tires at the depot) and they are in the vicinity of 3.50 for a car tire, 4.40 for a light truck, and up to 8.50 for an oversized tire.

They have 30 million tires, incoming flow of used tires generating tipping fees, mexican rethreaders paying them 5$ per tire good enough to be rethreaded also generating revenues, they also have shredding facilities. Wonder what the selling price would be ?

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