John is very cautious about what he says because of what happened in July 2009. Somone on this board called Michael Ash who gave out information regarding the delay on Malaysia deal before the press release was issued. That is technically insider trading as that information was leaked to this board and the board member was able to manipulate the stock's price.
John didn't get it until I sent the Sec text because he didn't understand that neither he nor anyone he knows can give information to individual investors or friends that will affect the price of the stock. The news must be released to everyone. If it is not, it is illegal. Tirex has enough issues without adding an Sec investigation.
So I would not expect to hear any news from him.
As far as Malaysia, some board members are aware that machine was part of a trade agreement between Italy and Malaysia. News of that memorandum was all over newspapers in Italy a month before Tirex let us know. John really had no choice but to issue the press release before that deal was sealed. Of course, it still isn't sealed.
I am not defending this stock. I could shoot it. I've held it over 10 years. But don't expect this stock to be pumped by management. They have put a lot of money into straightening out over 12 years of nasdaq, grey sheets and pinks. True, there is nothing to account for, but unless John is totally delusional, I don't see why the all the effort for a dead end.
