Replies to post #3842 on Futuris Company (FTRS)

[Steph_ATK]

youre right, but from the recent PR:

EnviroXtract, Inc. Issues Statement in Response to Gulf of Mexico Oil Spill Inquiries

EDMOND, Okla., May 11, 2010
GLOBE NEWSWIRE
EnviroXtract, Inc. (Pink Sheets:EVXA) Management has issued the following statement in response to inquiries regarding its possible participation in the current Gulf of Mexico oil spill cleanup effort:

"EnviroXtract Management is keenly aware of the environmental disaster currently unfolding in the Gulf of Mexico. This is an unexpected tragedy for us all. Although the technology is capable of removing oil from affected soil, Management could not have anticipated in its business plan
or funding requirements the scale at which it would be required to operate in order to effectively participate in the cleanup effort at this time. Management is reassessing the Company's financial needs and is currently seeking funding to expand its capacity to participate in future cleanup efforts. Should the Company be successful in obtaining the necessary funding, it will endeavor to implement expansion plans which might provide future opportunities to participate in the ongoing Gulf of Mexico oil spill cleanup effort."

very discouraging, we know they are trying to focus on the financial restructuring, but an opportunity like this i honestly think can not be passed up. Not only would they get their name and technology out there, but the opportunity to generate profit?

Anyhow, i still have some play left in here going to keep watch and hope for the best.