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Ecorub AB annual general meeting of shareholders 29th of Jun 2012

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Ecorub AB results for the fiscal year 2011 are losses of 1,9 million SEK (Swedish Krona) and the net sale (revenue) of 6,2 million SEK.
The main problem is that Ecorub AB losses money year after year and it continues also in 2012.
Ake Paulsson, CEO of Ecorub AB presented a loss of 0,17 million Swedish Krona for the first quarter of 2012. Net sales for the period 1.8 million Swedish Krona.

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Ecorub AB annual general meeting of shareholders 29th of Jun 2012

  1. 1. Ecorub AB annual general meeting of shareholders 29th of Jun 2012It is an opportunity for the shareholders to review fiscal information for the pastyear and asking any questions regarding the directions the business will take inthe future.Ecorub AB results for the fiscal year 2011 are losses of 1,9 million SEK (SwedishKrona) and the net sale (revenue) of 6,2 million SEK.The main problem is that Ecorub AB losses money year after year and it continuesalso in 2012.Ake Paulsson, CEO of Ecorub AB presented a loss of 0,17 million Swedish Krona forthe first quarter of 2012. Net sales for the period 1.8 million Swedish Krona.
  2. 2. The Main Characters in the Story Called Ecorub AB CEO Ecorub AB, the guy who bought the patent but still claiming that he Mr Big Investor - one of theGyro Gearloose, the guy is the inventor main shareholders, a guywho patented rubber who is putting his end hisrecycling process and company’s money at risksold his patent to the by investing heavily in EcorubÅke Paulsson, CEO ofEcorub AB. Small shareholders who will be the losers
  3. 3. We have to have annual generalNot again! meeting of shareholders
  4. 4. We are running out ? Ecorub AB Annual Reportof money! 2011 is like catastrophe!Ecorub AB losses in Not so How to present this to the2011 are 1.9 million bad? shareholders ? I don’t know. Any idea?
  5. 5. We should organize the annual Excellent, everyone goinggeneral meeting of shareholders on summer holiday so wea bit later after the don’t have to explain too much tomidsummer day and small shareholders. They arehope no one comes. so boring with questions.
  6. 6. Annual meeting is announced. I only have to sit and wait. Sit Wait andSit and wait
  7. 7. The CEO has the word!
  8. 8. Ecorub AB Annual ReportEcorub AB finally released its financial results for the fourth quarter and fiscal year 2011, posting a startling loss of 1.9 million SEK (Swedish krona). For the fiscal year 2011, it reported 6.2 million SEK (Swedish krona) on sales.Ecorub also loosed money previous years. In the year 2010 Ecorub AB losses were 2.9 million Swedish krona. The Ecorub AB report for the year 2008 said that the company was in the red 1.4 million Swedish krona (SEK).In 2006 EcoRub AB (formerly Rerub AB) bought a patent covering technology for recycling of discarded tires by mixing rubber powder with plastics. The aim is to sell the patent rights to the companies in EU. The inventor Edgar A Gonzalez Creston Ohio USA owner and the CEO of Synesis LLC www.ecoflexrtpv.com has patented US 6,031,009 an identical patent in USA.
  9. 9. but there is anotherpossible outcome forEcorub AB

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