The Tirex Corporation (TXMC)

[mpeets]

YOU CALL THIS WEAK NEWS ?

"NORWALK, Conn., June 20, 2012 /PRNewswire/ -- The Tirex Corporation (TXMC:OTCBB) - owner of a patented tire recycling technology, called the TCS System – announced today that its joint venture agreement with Wyoming Corporate Headquarters LLC (WCH) of West Columbia, SC, to recycle scrap tires in Tennessee, announced in January 2012, remains in good standing.

"While the financing needed to support the conditions of tire collection and the installation of a TCS Sytem in Tennessee are still pending, we remain optimistic and will continue to pursue it with our partner WCH," said Tirex President, John L. Threshie Jr.

"Tirex management also wanted to reassure its shareholders that its priority is to once again become current in its filings with the SEC. Furthermore, the investors currently negotiating with Tirex for North American and off shore TCS facilities recognize this necessity and are including it in the funding," added Mr. Threshie."

HAH ! ! ! !

I call it no news at all. As far as I am concerned, as an investor with tens of thousands of $$$ (really) invested in this, I am offended, insulted, UNINFORMED and feel not just a little bit disrespected.

I am sure JT thought that he had to issue a progress report. We were all screaming for one. WHAT WE GOT WAS A NO-PROGRESS REPORT. He says, "priority is to once again become current in its filings with the SEC." Let me think, where have I heard that before?

This, I am sure, is what JT told SPEERA about in a recent private email. As for the most recent stock price action, all I can think about in the last month or so is the Paul Simon ditty, "Slip Slidin' Away": "Slip slidin' away, slip slidin' away-ay-ay-ay-ay, you know the nearer the destination, the more you're slip-slidin' away."

Above P.R. from:
http://finance.yahoo.com/news/tirex-remains-optimistic-technologies-future-163000090.html

MPEETS