The Tirex Corporation (TXMC)

[dgt]

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.