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I copied this from the earlier thread when the company was trading under ETTI.
EcoTyre Technologies is an emerging NASDAQ company and is the only manufacturer of "re-molded" tires in the U.S. Re-molds are much different than re-treads in that a whole new tire is created from a used tire casing in a steam-heated vulcanizing process resulting in an end product that's indistinguishable from a new tire.
Re-molding tires has been practiced in Europe for decades to conserve landfill space. They also cost less than new tires, but are of comparable quality. EcoTyre even offers a 50,000 mile limited warranty on its passenger tires.
I Have been hearing the company is about to sign some contracts with U.P.S. and Sears. To market thier tires. ETTIE looks extremely undervalued. Current book value is .46. There is 3.5 million shares outstanding and 2.5 in the float. This company is going to have several favorable news releases over the next two weeks.
Volume is up on ETTIE and i am buying in. I am currently waiting a callback from the company.
Thanks,
EP
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