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saratogaguy

12/11/13 6:55 PM

#6000 RE: capricorn1964 #5999

Hey Cap, I have been sitting on the sidelines watching the current circus show between GRSI and Tirex with distressing amusement. I can't help but notice that since you joined this board (so coincidentally) on November 22nd, that every single post you have made seems intended to undermine Tirex yet you have substantiated none of your claims.

Even if a UCC Filing was actually made, where is your proof that Tirex did, in fact, put up their patent as collateral in their agreement with GRSI LLC? Equity is one thing, but putting your biggest asset at risk is completely another.

I also can't help but feel that you may be either an officer of GRSI LLC or an investor with them. Either way, if you are, you could be putting yourself at risk with the SEC if your strategy is to scare investors and manipulate the share price of Tirex. All of the preceding purely, IMHO.
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#6045 RE: capricorn1964 #5999

QUESTION ABOUT FORECLOSURE:

When a bank forecloses a mortgage (private homeowner) the process is clear.

(1) the bank provide something of value ($$$$) to the homeowner

(2) who provided collateral (the home) to the bank.

If the collateral is the Tirex Patent (I am not sure what value it has) I NEED TO KNOW THE FOLLOWING:

What did GRSI provide to Tirex that has a value, that you can put a price-tag on? I see that nothing of value that was ever provided.

A promise of a future agreement? Not worth too much, Tirex has scads of "future agreement" that have no value whatsoever.

Completed audits? Well, where are they?

What has G.R.S.I. provided to Tirex - that has any monetary value - that gives G.R.S.I. the right to foreclose upon Tirex?

Nothing I can see. Nope. Nothing. Is there an answer?