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Microcap & Penny Stocks : Titan Technology (TITT-BB)
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To: Summ1 who wrote (35)3/16/1999 12:06:00 AM
From: Steve hoffmann  Read Replies (1) of 126
 
Another company in the tire recycling biz is Quantum Group(QTMG) you might want to check them out as well.I don't hold out too much hope for these companies however.My uncle has been involved with industry for over a decade and every company he invests in turns out to be garbage in the end though you can make money on the way.I just think internet areas are the place to be.

The big problem with these tire recyclers is that the end product-crumb rubber-used primarily in road resurfacing is not liked much by the construction companies.Reason being is that the road with crumb rubber lasts longer and that means less work for the constuction companies over time.They have thus used lobbyists to defeat bills in federal and state legislatures to get requirements to use crumb rubber defeated.If the end user doesn't want it then where's the market for your product?
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