EcoTyre Technologies (ETTI) Message Board

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Microcap & Penny Stocks : EcoTyre Technologies (ETTI)

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To: Frank Sabatano who wrote (40)	4/24/1997 8:31:00 PM
From: The Vortex	of 82

Frank: remolding vs. retreading: As I understand it, remolding produces a better tire, more like a new one. The new rubber is applied from sidewall to sidewall. Retreads have rubber only on the top portion and haved a poor reputation for failing. Remolds dont. ETTI only makes remolds, not retreads. I dont know what their current cash position is or if they are profitable right now. It is my feeling that things are going well right now and that this will be made public soon, perhaps when they release their next 10Q. I beleive this because they sold so many tires in 4Q 96 and they have increased production since then, from 350 to 800 tires/day. 1Q 97 appears to be the first quarter where everything is in place and they are operating at or near capacity. One important factor is that they have no bank debt. Stock sales have paid for everything. I think the reason they are being secretive about their current position is because any disclosure about what is currently happening would amount to insider information. I am further excited about their recent acquisition. This will double their capacity and allow them to enter the large truck tire market. Truck tires can be sold at higher profit margins (Jackie mentioned 40-45% margin). They plan to convert the retreading equipment obtained in the acquisition to make remolds. The equipment will be sent to the Holtsville facility sometime in June. As far as the weird price swings and volume surges are concerned, I think this is either insider trading (?) or just someone with $500K looking to invest it (more likely in my opinion). A few visits to Holtsville could answer alot of questions about what is going on there right now. Someone with money could have visited the factory and seen that they are making alot of damn tires and decided that the stock is undervalued. Either way, it is a mysterious, but good, sign. If ETTI goes profitable, it could be a tenbagger. That is, the stock could return to the $6-7 range. I do not know what the SEC requirements are. Are know there are several different ways a company can qualify for regular NASDAQ listing. Vortex

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