Tirex Corporation (TXMC) Message Board

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Non-Tech : Tirex Corporation (TXMC)

TXMC 0.0001000

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Dec 5 9:30 AM EST

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To: bob who wrote (835)	11/29/2000 5:58:52 PM
From: Michel Landry	of 1878

Tirex Announcement MONTREAL, Nov 29, 2000 /PRNewswire via COMTEX/ -- The Tirex Corporation (OTCBB-TXMC), the developer of a patented cryogenic tire recycling system announced today that the Company does not have under consideration a reverse stock split. In response to inquires by various stockholders and to clarify for all stockholders the Company's position, CEO and President John L. Threshie Jr. stated that the Company's Board of Directors is not adopting any resolution recommending a reverse stock split and Management has not proposed that the Board take such action. Further, Tirex' Management and Company Counsel acknowledges a reverse stock split cannot be effectuated by a Board of Director's resolution, in any event, as it requires stockholder approval. Thus adequate prior notice to stockholders would have to be given, which the Company has not done, has no plans to do at this time, and, Mr. Threshie concluded that any rumors suggesting that the Company had taken any action regarding a reverse stock split are simply incorrect. SOURCE Tirex Corporation

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