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ok thxs
Have you heard anything?
People used to want to own this, sad what Alex is letting happen to share price.
Doesn't seem like anyone cares aboutTTNN anymore and who could blame them the company puts out zero news.
TTNN is like being stuck in a time warp. lol
SAd the company won't give us any updates, people get tired of holding dead money and sell.
will we ever hear anything about the uplist??????
Why trade on an exchange if your not going to put out news so ya trade????
What is happening to the up lift to the otc?? Any news would be appreciated ....
Talk about dead money sheesh
Titan NRG Inc.
February 20, 2024
In this article:
TTNN
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TUCSON, AZ - (NewMediaWire) - February 20, 2024 - Titan NRG, Inc. (OTCPK: TTNN) (the "Company"), a leader in integrated downstream energy and transportation holding company, today announced results for its third quarter fiscal 2023 ended December 31, 2023.
While much of the country experienced unseasonably warm weather during the October-through-December period, Titan NRG showcased its resiliency, efficiency, and growth trajectory to generate a net profit in quarter 3 of Fiscal 2023. Highlights from the quarterly report include:
$2.3 million in revenue
$1.04 million in gross profit
$130,624 in net profit
$6.3 million in capital assets (before depreciation)
$905,520 cash on hand as of December 31, 2023
Operational highlights for the quarter include:
15 million plus gallons of liquefied petroleum gas transported
Over 2,500 residential customers
More than 1,500 residential leased propane tanks
"Our continued profitability, even with milder weather patterns in some regions, strongly suggests promising future revenue growth," stated Alex Majalca, Chief Executive Officer and President of Titan NRG. "Compared to the same quarter last year, we saw significant increases in both net operating income and net comprehensive income despite modestly lower revenue, which speaks volumes to our operational efficiency. Additionally, our cash on hand jumped by nearly $300,000, another benefit of our efficiency that has a direct positive impact on our bottom line."
Titan NRG expects a robust conclusion to the current fiscal year with the help of some cold weather, further fueled by exciting developments within fiscal 2024. One key driver is the company's state-of-the-art LPG terminal project in Tucson, Arizona. Through its subsidiary NRG Rail, Titan is building a facility with an initial capacity of 18 rail cars and a permitted storage capacity of 1.2 million gallons. While the rail spurs for the 18 rail car capacity has been built with current focus on transloading operations, the terminal will graduate to full-fledged terminal operations as plans to begin the next phase construction are underway.
Interested parties may view the complete Q3 fiscal 2023 filing at: https://www.otcmarkets.com/otcapi/company/financial-report/392411/content
OTC Disclosure & News Service
Titan NRG (TTNN) Announces Record Profits for Third Quarter Fiscal 2023Press Release | 02/20/2024
TUCSON, AZ, Feb. 20, 2024 (GLOBE NEWSWIRE) -- via NewMediaWire -- Titan NRG, Inc. (OTCPK: TTNN) (the “Company”), a leader in integrated downstream energy and transportation holding company, today announced results for its third quarter fiscal 2023 ended December 31, 2023.
While much of the country experienced unseasonably warm weather during the October-through-December period, Titan NRG showcased its resiliency, efficiency, and growth trajectory to generate a net profit in quarter 3 of Fiscal 2023. Highlights from the quarterly report include:
$2.3 million in revenue
$1.04 million in gross profit
$130,624 in net profit
$6.3 million in capital assets (before depreciation)
$905,520 cash on hand as of December 31, 2023
Operational highlights for the quarter include:
15 million plus gallons of liquefied petroleum gas transported
Over 2,500 residential customers
More than 1,500 residential leased propane tanks
“Our continued profitability, even with milder weather patterns in some regions, strongly suggests promising future revenue growth," stated Alex Majalca, Chief Executive Officer and President of Titan NRG. "Compared to the same quarter last year, we saw significant increases in both net operating income and net comprehensive income despite modestly lower revenue, which speaks volumes to our operational efficiency. Additionally, our cash on hand jumped by nearly $300,000, another benefit of our efficiency that has a direct positive impact on our bottom line.”
Titan NRG expects a robust conclusion to the current fiscal year with the help of some cold weather, further fueled by exciting developments within fiscal 2024. One key driver is the company's state-of-the-art LPG terminal project in Tucson, Arizona. Through its subsidiary NRG Rail, Titan is building a facility with an initial capacity of 18 rail cars and a permitted storage capacity of 1.2 million gallons. While the rail spurs for the 18 rail car capacity has been built with current focus on transloading operations, the terminal will graduate to full-fledged terminal operations as plans to begin the next phase construction are underway.
Interested parties may view the complete Q3 fiscal 2023 filing at: https://www.otcmarkets.com/otcapi/company/financial-report/392411/content
Contact:
Alex R. Majalca Jr.
President/Chief Executive Officer
Titan NRG, Inc.
alex@titannrg.com
About Titan NRG Inc.
thxs I'll look
Why would someone sell at .063? and of course we will hear nothing from the company .
Hoping someone just made a trading mistake
I've been wondering for a while if that 50K bid that's been there for quite some time is possibly one of them. It's not a whole lot but definitely someone trying to give support.
Have a Merry Christmas and maybe 2024 will be $TTNN's year !
yup but its just the way they are I guess.
There last tweet said there was a PR on the way. That is a month old now. I'm like you I wish they would get better with getting information out. Anything would be better than nothing.
Disclosure Uploaded to OTC for quarter 2 ending 9/30/2023
— Titan NRG, Inc. (@TitanNRG) November 14, 2023
Typically, our slowest QTR, but many positives to look at. The numbers show our work towards trimming operating costs and higher margins. PR coming in the near future.https://t.co/csk7oQk9NX#OTC #OrganicGrowth $TTNN
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