Tirex Corporation (CE) (TXMC) News

What?

Public companies - the CEO is not liable for paying back shareholders of any public company. My family was an investor in Tier and we also did not receive any $, but this is the risk one takes when they invest in a penny stock, which is what you will all find happened with all investments. The CEO was called in to testify with he securities fraud info that was set up by a discgruntled investor that also rented a room to board in the CEO's mother in laws home.....he contacted the CEO on his own to invest and must not have understood penny stock investments, but the CEO gave him all the paper work and asked him to do his due diligence before investing, which he did and still chose to invest. The CEO had all the paperwork from all investors and all the information the SEC needed to look at the disgruntled persons info....The CEO was NOT charged with any fraud or any wrong doing as everything he did was completely legal and by the book. There are naysayers for every company, stock and information, but before you just talk trash, you should have and know ALL the details. The young man that lived in the CEO's mothers home was pissed he did to get his security deposit back because on his signed rental contract is clearly stated that he must submit in writing 30 days prior to moving out that that is what he is planning - he did not and left the 84 yr women high and dry with out a room rented for a few months without knowing he was moving out. This was her source of income to live on and he took advantage of her and the family hospitality while his own mother was stealing from him and he took her to court as well. The statements from this man especially relating to The Tires Corp have absolutely NO merit as the CEO went to the SEC with all paperwork proving his honest business practices with everything having to do with the business and himself personally.

another CEO issue: couldn't pay back shareholders and was in another violation of failing to disclose risks https://portal.ct.gov/DOB/Enforcement/Securities-Orders-2/Tirex-Corp--Threshie-John--Consent-Order

current CEO charged with securities fraud 5 years ago: https://www.sec.gov/litigation/litreleases/2016/lr23707.htm

what matters not how old the article is but how around those involved are still there.

Like if someone commits a crime 40 years ago of grand theft, will you give that person money? There's a risk that they would still steal.

Someone - anyone tell if the people involved are still around?

Yes it’s old news but shows how much fraudulent activity was happening with this company and the CEO got away with it.

Not sure what’s going on now, but looks like that article was written over twenty years ago...

tirex accused of fraud https://www.tirebusiness.com/article/20000410/NEWS/304109972/tirex-accused-of-fraud

just do no one else buys this jankiness

Nice find. They are looking for credit and in 2020 their revenue was $28K

For everyone thinking that there hasn't been anything happening for many years, they did file a duns number in May 2020 https://sec.report/CIK/Search/TXMC

What happened to this stock price?? I was hoping for a nice run up.

Also9 found this ...
https://rucothel.com/

Also9 found this ...
https://rucothel.com/

This is what I found ...
https://www.rubbernews.com/assets/PDF/RN86420218.pdf

This is what I have found so far.

https://www.recyclingproductnews.com/article/35819/michelin-begins-construction-of-its-first-ever-tire-recycling-plant

And this

https://www.globenewswire.com/news-release/2020/02/20/1987970/0/en/Outlook-into-the-Global-Tire-Recycling-Downstream-Products-Market-to-2028.html

Has there been a change in leadership or what. If they can turn crumb rubber into powder it can be mixed in asphalt. This will make asphalt last longer because it can expand and contracts. Looking for feedback.

This one moves on air. Think she’s just getting primed & ready. GLTA!

It’s been at .0001 for years and last 60 days or so it’s got legs. lol

no clue

Do you know who’s buy this stock? I don’t have access to level 2 trades

so they jump up and buy .0008 and .0009 when there are .0006's there?

I have no idea but I like it. I’ve been holding this stock for quite sometime now.

Someone please tell me what is going on.

High volume today. Who’s buying??

Is the 2 billion OS figure accurate? Anyone know?

Good possibility - wouldn’t surprise me one bit. This sleeping Giant could wake up w/a bit of news or NONE. But slow accumulation off of no news doesn’t usually lie. Time will tell ...

Perhaps someone is planning to buy the shell for a merger?

This one is starting to intrigue me. 3s continue to get hit, but nothing to see here, lol

Tirex-mrp.com
What’s with MRP? Use to be TCS.
The only thing that changes with this company is its website name.

you had my heart beating a little

The last post that I made was wrong, I stand corrected

Rumors tirex has been brought by lehigh tech.

Has anyone receive back their money from John according to SEC John was order to pay back everyone. I'am referring back to the post back to December 2019 waiting for feedback.

I hope someone knows something

How would it benefit us as shareholders to hold on to this if action is being takin' against John? Class action law suit? Also, don't understand the steady volume of 2s/3's being hit if this stock is actually dead in the water. TD Ameritrade has this at no bid when that's not the case. Seems like someone knows something...

No will not sell this mess because of pending actions against John and company with SEC. Read the the post back in December 2019. just wait

Looks like a good time to get out if you want out, IMO. 3's getting hit. Someone slowly accumulating cheapies. I'll take some 1s and 2s if nobody wants them. Jus' sayin'...

I never receive my money back from John. Everybody was to receive back according to SEC. I like to receive feedback from others about this

Just someone throwing money away. A fool don't know anything. It remind me of myself 30 years ago. $12,000 I wish I had it back.

Any news here. Anything going on???

no way some random ass bought that

A new sucker is born every day. Sad, I trusted them.

Why is tirex still trading with no future

Why is tirex still trading with no future

A Wilton man who raised more than $580,000 by selling penny stocks over 10 years in a company that never sold a product has agreed to pay more than $770,000 in reparations and fines for selling unregistered securities, the Securities and Exchange Commission announced Thursday.

The SEC filed charges against John L. Threshie, Jr. on Wednesday in federal court because he spent years selling stocks without the oversight of SEC regulators.

While private companies are allowed to sell stocks to "sophisticated" investors, who have a net worth of at least $2.5 million or earn more than $125,000, the SEC said Threshie did not inquire about his approximately 100 investors' financial status.

Threshie is CEO of Tirex, which developed a tire recycling technology that freezes scrap tires and breaks them apart into rubber crumb, steel wire and fiber.
[Business] Developer must invest $5M in 15-story office tower under tax-fixing agreement approved by Hartford council »

The complaint said that Threshie is the only full-time employee of Tirex, and has been the president and CEO since 1999.

"Despite having attempted to sell or license the TCS system since at least 1993, Tirex has never built or operated a commercial TCS system and has never successfully monetized its technology. It no longer has any functioning equipment or other tangible assets and is in extremely poor financial condition," the SEC said.

But the regulators said Threshie regularly emailed investors with progress reports, saying that Brazil was close to signing a contract, for instance.

The SEC suspended trading in Tirex securities on November 12, 2015.

Threshie also agreed he'd never sell penny stocks again, and that he would not solicit investments in Tirex without providing a copy of the complaint the SEC filed and the judgment against him.

Threshie's fine is the amount he collected from investors, interest, and a civil penalty of $50,000.

https://webcache.googleusercontent.com/search?q=cache:nD_UjBye2GAJ:https://www.courant.com/business/hc-sec-fine-tirex-20161222-story.html+&cd=1&hl=en&ct=clnk&gl=us&client=safari

John is retire so why do you think tirex will never go anywhere I've been with this stock for 30 years and the only reason I don't sell it is to serve as a reminder never to buy another penny stock in the future. John started this process in 1987 so he to old to do anything.

John is retire so why do you think tirex will never go anywhere I've been with this stock for 30 years and the only reason I don't sell it is to serve as a reminder never to buy another penny stock in the future. John started this process in 1987 so he to old to do anything.

Has anyone been able to get filled at .0001? Interesting how someone was slapping it at .0004 (several mill in volume) a few weeks ago and Td ameritrade currently has it at no bid.

www.lehightechnologies.com