Here are a few investors’ questions and answers:
Mark, just curious as to when we will begin seeing dealership growth?
We have lots of inquiry on implements, crawlers and tractors. Dealer & Retail implement sales have been good. We have several new items that are bringing buyers to us, such as the two new chipper models, grapple, log splitters and the huge variety we have in stock. We have several dealers who want the big tractors in 120-130 hp; however there are no EPA engines that are matched to our tractors at the moment. They are in the testing process, to be approved . The smaller tractor samples are arriving in the next 30 days (pictured below). Dealers will be visiting Kalama at that time to plan purchases. These 4wd Tractors are very much improved beyond any that we have sold previously. The orange tractor will be the strongest & most rugged small tractor on the market. (35-45 hp) Perfect for the homeowner, small acreage farmer and commercial users. The blue is our new 60 hp.
We have Dealers planning to see the New Crawlers, at the same time as they come to see the New 4WD tractors, when they arrive. There will be cases where we appoint one dealer in an area to carry our 4wd tractors and another to handle the Crawlers. Some dealers are not equipped to service Crawlers.
We are currently sending dealer packets to the dealers who have inquired. The Dealers fill out and answer several key questions, so that we can better evaluate their ability to be a strong dealer for Tytan. We also ask for pictures of their site, mechanics backgrounds, sales history, and financials etc.
Does Tytan have any plans to open any additional Tytan-owned stores?
Yes we do. Tytan has property that we are considering. We have many projects in process, but this is an item of high importance. We do want to buy the property in this favorable market. The key criteria is location . The lot size and an indoor showroom (like Kalama has) are high on our list. We will open a second store when the right situations are present.
One shareholder has asked me to be on a talk show and the other asked me to be in a live phone chat with Shareholders. We do plan to be involved in these as we get a little further along.