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Pink Sheets: Tirex Corp. (TXMC) news stock charts

Tirex Corp. (TXMC/TXMC.PK) Penny Investment Summary:

The Tirex Corporation, a development stage company, engages in the design, development, and construction of a patented cryogenic tire recycling system for sale, license, or lease primarily in the United States and Canada. The company offers TCS System, which separates scrap tires into clean and saleable rubber crumb, steel wire, and fiber. The Tirex Corporation markets its products primarily to recycling companies and governmental agencies to enable them to recycle tires. The company was founded in 1987 as Concord Enterprises, Inc. and changed its name to Stopwatch, Inc. in 1989. Further, it changed its name to Tirex America, Inc. in 1993 and to The Tirex Corporation in 1997. The company is ...
www.tirex-tcs.com
3 Employees
Founded in 1987

TIREX CORP (TXMC:OTC)

LAST $0.0015 USD
CHANGE TODAY +0.0002 15.39%
VOLUME 214.1K
As of 8:10 PM 03/19/10 All times are local (Market data is delayed by at least 15 minutes).

Snapshot of TIREX CORP (TXMC)

OPEN
$0.0014
PREVIOUS CLOSE
$0.0013
DAY HIGH
$0.0015
DAY LOW
$0.0014
52 WEEK HIGH
08/4/09 - $0.02
52 WEEK LOW
03/26/09 - $0.0008
MARKET CAP
1.5M
AVERAGE VOLUME 10 D
3.0M
EPS TTM
--
SHARES OUTSTANDING
1,000.0M
TXMC Does Not Pay Dividends
P/E TTM
--
K = Thousands  M = Millions  B = Billions

Key developments for TIREX CORP (TXMC)

Tirex Corp. announced delayed 10-Q filing

On 11/16/2009, Tirex Corp. announced that they will be unable to file their next 10-Q by the deadline required by the SEC.

Tirex Corp. announced delayed annual 10-K filing

On 09/28/2009, Tirex Corp. announced that they will be unable to file their next 10-K by the deadline required by the SEC.

Tirex Corp. Announces Changes in Certifying Accountant

On September 16, 2009, Tirex Corp. approved the engagement of M&K CPAS, PLLC of Houston, Texas to serve as the company's independent registered public accountants for fiscal year 2009.

Tirex Corp. financial resources

otc, otcbb, pinksheet, TXMC, ob Tirex Corp.

TXMC Competitors

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No competitor information is available for TXMC.
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Industry Analysis

Valuation TXMC Industry Range
Price/Earnings -- Not Meaningful
Price/Sales -- Not Meaningful
Price/Book -- Not Meaningful
Price/Cash Flow -- Not Meaningful
TEV/Sales -- Not Meaningful

TXMC

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TXMC transactions

Type
Date
Target
No transactions in the last 6 months.

Pink Sheets: More Recent Financial News About Tirex Corp.

Tirex Authorizes Increase in Common Shares

Quote: “It will also allow usto engage a North American scrap tire recycling consulting organizationcommitted to assisting us in marketing our technology in the U.S.,” hepointed out.Tirex's manufacturing partner, Simpro S.p.A. of Torino, Italy, recentlyreported “significant interest in the TCS System specifically in twoEuropean markets and anticipates a definitive commitment imminently.”Simpro also relayed to the Tirex Board of Directors its frustration w...
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Tirex Authorizes Increase in Common Shares

Quote: “It will also allow usto engage a North American scrap tire recycling consulting organizationcommitted to assisting us in marketing our technology in the U.S.,” hepointed out.Tirex's manufacturing partner, Simpro S.p.A. of Torino, Italy, recentlyreported “significant interest in the TCS System specifically in twoEuropean markets and anticipates a definitive commitment imminently.”Simpro also relayed to the Tirex Board of Directors its frustration w...
Read article

TIREX CORP Files SEC form 8-K, Amendments to Articles of Inc. or Bylaws; Change in Fiscal Year, Financial Statements

Quote: Amendments to Articles of Incorporation or Bylaws On February 16, 2010, The Tirex Corporation ("Tirex"), filed with the State of Delaware an Amendment to its Certificate of Designation of Series A Convertible Preferred Stock (the "Series A Preferred"), increasing the authorized shares of Series A Preferred by ten million (10,000,000) shares, from fifteen million (15,000,000) shares to twenty-five million (25,000,000) total shares. The Board of Directors of the Company previou...
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TIREX CORP Files SEC form 10-K/A, Annual Report

Quote: TIREX CORPRequest a Trial to NEW EDGAR Online Pro Form 10-K/A for TIREX CORP 6-Jul-2009Annual ReportPrivacy PolicyTerms of ServiceCopyright/IP PolicySend FeedbackSEC Filing data and information provided by EDGAR Online, Inc. (1-800-416-6651). All information provided "as is" for informational purposes only, not intended for trading purposes or advice. Neither Yahoo! nor any of independent providers is liable for any informational errors, incompleteness, or delays, or for any actions taken in rel...
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TIREX CORP Files SEC form 8-K/A, Non-Reliance on Previous Financials, Audits or Interim Review

Quote: Item 4.02Non-Reliance on Previously Issued Financial Statements or a Related Audit Report or Completed Interim Review On or about February 12, 2009, the Tirex Corporation (the «Corporation») filed a quarterly Report on Form 10-Q relating to its financial condition and the results of operations for the three and six month periods ended December 31, 2008. In this report, the Corporation mistakenly stated that the financial statements had been reviewed by our independent accountants, as they h...
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TIREX CORP Files SEC form 8-K, Non-Reliance on Previous Financials, Audits or Interim Review

Quote: Item 4.02Non-Reliance on Previously Issued Financial Statements or a Related Audit Report or Completed Interim Review On or about February 12, 2009, the Tirex Corporation (the "Corporation") filed a quarterly Report on Form 10-Q relating to its financial condition and the results of operations for the three and six month periods ended December 31, 2008. In this report, the Corporation mistakenly stated that the financial statements had been reviewed by our independent accountants, a...
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TIREX CORP Files SEC form 10-Q, Quarterly Report

Quote: The intellectual property owned by Tirex comprises the patented fracturing mill (both US and Canadian patents) and the rubber freezing process using economically-attractive cold air instead of the outdated and expensive liquid nitrogen-based processes. This permits the effective separation of the materials components of the tires, and this at a significant cost saving. The intellectual property of our process is recognized in the Manufacturing License Agreement we have with Simpro www.simpro.it....
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TIREX CORP Files SEC form 10-Q/A, Quarterly Report

Quote: The intellectual property owned by Tirex comprises the patented fracturing mill (both US and Canadian patents) which permits the effective separation of the materials components of the tires, and this at a significant cost saving. The intellectual property of our process is recognized in the Manufacturing License Agreement we have with Simpro www.simpro.it. Our patent renewals for both the USA and Canada have both been completed. Since the March 2000 announcement respecting the commercial availa...
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TIREX CORP Files SEC form 10-Q/A, Quarterly Report

Quote: The intellectual property owned by Tirex comprises the patented fracturing mill (both US and Canadian patents) and the rubber freezing process using economically-attractive cold air instead of the outdated and expensive liquid nitrogen-based processes. This permits the effective separation of the materials components of the tires, and this at a significant cost saving. The intellectual property of our process is recognized in the Manufacturing License Agreement we have with Simpro www.simpro.it....
Read article

Tirex Announces Management Estimates for Fiscal 2009

Quote: TXMCNews) today publicly posted unauditedfinancial results for the year ended June 30, 2009 in an 8-K with theSecurities and Exchange Commission noting that the company had filed foran extension due to the previously-announced change in auditing firms.“We are highly confident that the audited numbers will not be materiallydifferent from the estimates filed today that show: we are still adevelopmental stage company seeking our first sales contracts based onour patented technology; we have c...
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