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Re: king oil post# 5148

Saturday, 06/23/2012 8:45:55 AM

Saturday, June 23, 2012 8:45:55 AM

Post# of 7005
King...that is one scenario for sure (IMO), however one that can't be confirmed either way. I would believe that all we have now is an assortment of system designs, technical write-ups, capacity models, all with various supporting production and revenue models, or in other words stacks of CAD drawings, production scenarios, presentation decks and so forth that may be used "if" granted any time with prospective customers to pitch the Tirex solution. But, as you stated, nothing physical that can be evidenced as actual metrics representing a working system. Thus, the audience of any such presentation by Tirex must go on faith that the expected performance metrics of the system are accurate. Tough choice to make when investing millions if other options with proven statistics are available.

I believe you, I and many (if not most) others on this board are on the same page wherein a "first" system is required to really get any momentum on the sales front. Somebody else mentioned (may have been you - can't recall) that JT should get a system built and setup his own Tire Shredding business to get the ball rolling. I agree with this scenario - if Tirex can't get in the door with an established shredder, venture out on ones own and create your own market. Problem is that this should have been considered years ago before the stock was diluted so far that the needed equity cannot be drawn by selling shares. Even if the market would even absorb it, it would take about 5B shares at the current price to get enough even to build a system, then one needs the building, land, payroll, etc. etc. Thus, now the only option is to get a load with personal guarantees, or to offer shares to someone with the concept that the stock value with rise to recoop investment, or prospective customers invest on faith that the system functions as stated on paper (oh yea, and hope financials are sound enough to stay in business for on-going maintenance and support since there are no audited financials to evidence).

All IMO of course. Need to stop, as I am just rambling on a Saturday morning and likely preaching to the choir.