Tytan Holdings Inc (TYTN)

[Anvil]

Sunny, lets be realistic. Leonard was probably a nice guy, knew the mechanics of tractors, had a couple of chinese contacts, but that is where it ended.

Mark was no business man and was not much of salesman. He trusted scums like the CPA and other advisors.

His financial never made sense and he had idea how to read them. The big downfall was when he mismanaged the alleged " flooring line with bank that foreclosed on him. He also was sunk when the only finance company that finance purchases of tytan equipment pulled out, leaving tytan with no option other than to complete deals on a cash basis.

obviusly, this tanked the market for Tytan as all the other competitors could finance customer purchases.