Replies to post #5972 on The Tirex Corporation (TXMC)

[dgt]

I've only glanced at the documents but GRSI is "foreclosing" on Tirex. They are claiming Tirex is not handing over documents to complete the audit and has not issued their shares of stock (sound familiar as does the date 11/22). The auditors are owned money, about 15,000 due on 11/22. The auditor has a list of outstanding information they need to complete the audit. That list is missing from the GRSI posting. They want the info by Dec. 13th so they can finish the audit by Jan. 24th.

I thought that before an audit could begin, Tirex had to issue shares to GRSI and GRSI had to put 10,000 in escrow with a third party which was GRSI's attorney. So why did the audit even proceed if Tirex didn't issue the shares?

In GRSI's filing with Delaware Dept. of State, they "shall hold an equity position" and are listing the patent as Tirex's collateral. This sounds like a hostile take-over.

[capricorn1964]

[ntcolor=red][/color] No! Tirex is trying to back out of the contract with GRSI. Tirex claims that GRSI isn't paying the Auditor. However as you can read for yourself the auditors letter is addressed to John Treshie, the Audit cannot continue because Tirex management Lou Muro, Henry Myers, John Ash and Treshie will not supply the rest of required information to the Auditors. The question is how deep does the fraud go? GRSI already stared the foreclosing process. They posted the UCC filing. Remember whistleblowers are never believed. PS Why isn't Tirex paying the transfer agent to complete the audit. That is what you have to ask John Treshie. As share holders everyone has the rite,to ask tirex. Probably will get some BS answer, that is nothing new. I wonder how fraudulent that k-8 filing is. Because the one who can declare a contract invalid is a Judge, not attorney. Where is the Judges ruling, basic contract law.