The Tirex Corporation (TXMC)

[capricorn1964]

Do you know what a U.C.C. filing is?? I am very familiar with them...work with them on a daily basis...
Tirex put their patent up as collateral. GRSI filed a U.C.C. in order to foreclose on that patent in the event of default. HELLO PEOPLE!!! The ONLY way to remove the lien against the patent is for GRSI to do so. But as they have stated on their website, they are
FORECLOSING on the patent. TXMC won't be able to do diddly squat with Simpro or any other company because they will LOSE the only asset that they have!!
Also...Tirex cannot just declare that an executed licensing agreement is "null and void". Contract Law 101!!??? There would have to be a legal process and decision!
And...look at the GRSI website with the letter from Turner and Stone. GRSI were the ones who hired and funded the audit by Turner and Stone...NOT TIREX.