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.
HomeRoots Pitch Deck | Investor Insights | April 2024
Ecorub AB annual general meeting of shareholders 29th of Jun 2012
1. Ecorub AB annual general meeting of shareholders 29th of Jun 2012
It is an opportunity for the shareholders to review fiscal information for the past
year and asking any questions regarding the directions the business will take in
the future.
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.
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 the
Gyro Gearloose, the guy is the inventor main shareholders, a guy
who patented rubber who is putting his end his
recycling process and company’s money at risk
sold his patent to the by investing heavily in Ecorub
Åke Paulsson, CEO of
Ecorub AB.
Small shareholders who will be the losers
3. We have to have annual general
Not again! meeting of shareholders
4. We are running out ? Ecorub AB Annual Report
of money! 2011 is like catastrophe!
Ecorub AB losses in Not so How to present this to the
2011 are 1.9 million bad? shareholders ?
I don’t know.
Any idea?
5. We should organize the annual Excellent, everyone going
general meeting of shareholders on summer holiday so we
a bit later after the don’t have to explain too much to
midsummer day and small shareholders. They are
hope no one comes. so boring with questions.
6. Annual meeting is
announced. I only
have to sit and wait.
Sit Wait and
Sit and wait
8. Ecorub AB Annual Report
Ecorub 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. but there is another
possible outcome for
Ecorub AB