Tirex Announces Retirement of Outside Auditor Principal; Change to New Firm for Fiscal 2009
August 12 2009 - 10:34AM
Business Wire
The Tirex Corporation (OTC:TXMC) late yesterday filed an 8-K
“current report filing” form with the Securities and Exchange
Commission noting the change in its outside auditing firm from
Moore & Associates, Chtd. to Seale and Beers, CPAs.
“Tirex was recently informed that Michael Moore, principal of
Moore & Associates, was retiring from auditing and that Seale
and Beers will be taking over all clients and employees,” according
to Tirex President and CEO John L. Threshie Jr.
The filing points out that “there have been no disagreements
between The Tirex Corporation and Moore & Associates, Chtd. on
any matter of accounting principles or practices, financial
statement disclosure, or auditing scope or procedure, which
disagreement, if not resolved to the satisfaction of Moore &
Associates, Chtd., would have caused it to make a reference to the
subject matter of disagreement in connection with its reports.”
Seale and Beers has been engaged to perform audit activities for
the fiscal 2009 year ended June 30.
Tirex’s TCS (Tirex Cryo System) process freezes scrap tire
pieces with cold air – as opposed to expensive liquid nitrogen –
and then “breaks” the rubber into granules in a patented
“fracturing mill”, instead of cutting and shredding it. This
process separates the marketable strands of steel and fiber from
the frozen ground rubber with a “green,” environmentally-friendly,
economically-attractive tire recycling system. For more
information, go to www.tirex-tcs.com.
(The statements which are not historical facts contained in this
news release are forward-looking statements that involve certain
risks and uncertainties including, but not limited to, risks
associated with the uncertainty of future financial results,
additional financing requirements, development of new products,
government approval processes, the impact of competitive products
or pricing, technological changes, the effect of economic
conditions and other uncertainties detailed in the Company's
filings with the Securities and Exchange Commission.)
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