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Company:  THC THERAPEUTICS INC (THCT)
Form Type:  10-Q
Filing Date:  12/14/2012 
CIK:  0001404935 
Address:  3RD FLOOR
207 REGENT STREET
 
City, State, Zip:  LONDON,  W1B 3HH 
Telephone:  44 (0) 20 7617 7300 
Fiscal Year:  07/31 
Last Trade
Last Trade: 
$0.46  
Change: 
0.05 (12.20%)  
Trade Time: 
Mar 24  
Market Cap: 
$2.43M
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Description of Business
We are a Nevada corporation, formed May 1, 2007. We are currently developing a new business which will provide a comprehensive solution for the disposition and recycling of scrap tires through tire re-manufacturing and carbonization of scrap tire components. Tire re-manufacturing is a process that takes high quality used tires, removes the old tread and sidewall markings, and then applies new rubber to the tread and sidewall. The used casing along with the new rubber is vulcanized under high pressure and heat to produce a new tire. This is the same process used by new tire manufacturers except that they make the casing (the most costly part of the tire). Carbonization is a technology that heats tires in an oxygen free environment and turns spent tire casings into diesel fuel, carbon black, steel, and syn-gas. On March 14, 2012, we entered into a License Purchase Agreement (the "Agreement") with Kouei International, Inc. ("Kouei International").