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Non-Tech : Tirex Corporation (TXMC) -- Ignore unavailable to you. Want to Upgrade?


To: SCOOBEY-DO who wrote (1568)5/16/2002 9:31:58 AM
From: jmhollen  Read Replies (1) | Respond to of 1878
 
Hi Scoob,

I haven't had time to read it, and most of the time those things bore me to tears. But, I believe there's an item 19+/- that shows that a non-destructive agreement has been reached with the people who provided the toxic financing. That will also improve the situation a great deal.

A PR regarding closing on the bonding for the equipment sales to Puerto Rico and south America will really light this candle.

That should also add stimulus to other clients who have continued to visit the HQ and pursue their interests.

The Bash Bozo's on RavingBulschmidt (..who apparently can't afford an SI membership..) have all switched into "..terminal-Analyst mode.."; trying to explain to nobody who cares their bogus slant on the latest filing. It's a first class yuk yuk....!! They went on for days how the filing would be late, and the CFO would have to file another extension. Ha ha ha ha ha ha ha ha...........

One at a time, all the sources of the Bozo's former "..leaks.." have been slammed tight shut - and they've been mimiicking headless chickens for some time now.

Technology rules.

John :-)

.



To: SCOOBEY-DO who wrote (1568)6/7/2002 2:51:14 PM
From: Mahatmabenfoo  Read Replies (1) | Respond to of 1878
 
What do you call people who question the validity of TXMC? "Bashers"?

So I guess TXMC is bashing itself... Pretty funny for a company that started off 4 years ago claiming to have a $41 million backlog in orders -- none of which turned out to be real.

I guess TXMC's idea was to fool shareholders. Guess it worked for awhile. Guess it's still working for some of you.

- Charles

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from May 2002 10Q

Customer concerns with respect to the effectiveness of our TCS Technology and its long-term performance, combined with the capital cost of buying such a system, has resulted in a lack of Purchase and Sales Agreements. In the absence of contractual performance guarantees or bonds, which we have heretofore been unable to supply, customers have consistently deferred the conclusion of Purchase and Sales Agreements. With our deteriorating liquidity position in the second and third quarters of fiscal 2002, our ability to deliver TCS Systems has been questioned.