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Jerry Leslie and Paul Stringer are the problem here. They are guiding Mark through this process as advisors to his company. The have a long history of owning penny stock companies. Mark is not an expert on public companies and needed some help. He hooked up with these two guys. They are a big part of the problem in my opinion. Do your DD and these guys and you will see what I am talking about...
Sorry I do not. However there have been several postings on here with a link to what is going on at YTO. I think that just like here when ever there is a replacement of board or upper level management the new crew likes to look over what is happening
Unlike in the US, business in China are much more formal in their procedures. So I am not really surprised by them holding off on anything with Tytan until the new crew is in place. IMO...
I do think that this partnership is much further along than we may think since I got that email from YTO
According to my email from YTO, Tytan is the YTO dealer. We do not know how far along the negotiations were as far as YTO and Tytan are concerned. My guess is that since YTO told me in an email that Tytan is the only YTO dealer in the US that they have gotten quite far. In fact the signatures maybe all that is needed now to close the deal and they are holding off until the new mgt. is in place. JMO
I think Tytan Leasing was already a working company. I am looking into it now. It would not surprise me if Mark or someone close to him already owned it and Tytan Holding paid them for it. That is done in business quite often. Usually not a big deal.
My educated guess is it will shrink back to the levels we saw before the increase in the AS
I do not think anyone is happy about a RS. It is not my first choice. I mean I go from 80,000,000 to maybe 40,000,000 or less in one move. It is always a crap shoot for most pennies to do this and many times, from my experience the pps does not always double and if it does it falls back to same levels it was at before RS.
I have said in several emails I am 100% convinced, again through my DD, that this is all being orchestrated by two people who advise Mark. These are the same two guys who have owned other penny stock companies and have a history of doing exactly what we are seing going on now.
I think from a pure business standpoint Tytan has no choice but to do this. There are too many shares and this is not being disputed. What I think will happen and again this is just my opinion, is this:
We will see another huge sale off before the RS. Price could now hit .0001 because of the sell-off and RS
The price will go up but I do not think will maintain that unless we see positive news coming from Tytan. To me that news would be increase in sales and new dealers signed up. Without the news I think the stock will hit in the area it is in now.
But with all of this said I still believe in Tytan and the business plan laid out by Mark. I wish he would get rid of these two guys but I do not think that will happen. We are stuck with them. I am still going to buy the stock as long as it stays low. As long as the sales happen and new dealers are signed up then I think the future is bright for Tytan.
I am going to do a mass reply to all of the emails I have gotten
I currently hold about 80,000,000 shares and will continue to buy as long as the shares stay this low. I will sell on the up but only to recoup my initial investment and the rest I will let ride until it hits what I believe are significant levels.
I have had a total of about 7 conversations with Mark since August. I have sent about 9 emails and he has answered 5 of them. I do not expect him to answer any. He has a company to run and I would rather he run it. I have talked to him on the phone twice and one of those times he called me back. All of my conversations with him have been strictly about his business plan and the direction it is taking. I have never talked to him about pps or any shareholder or stock issues. I firmly believe that if Mark takes care of the business the rest will follow.
I have talked to the Aussie dealer and he is selling tractors but I do not have any numbers.
I have talked to YTO in China and they have confirmed via email that Mark is the YTO dealer for the US and if you want a YTO tractor you have to go through Mark.
I have heard from my brother who lives near Tytan that it looks like there is more inventory on the ground now at Tytan than he has ever seen before. I bet Yakrancher will confirm that.
I am in the process now of trying to talk to the new Tytan dealers to see how hard it has been to get inventory and what their sales are like. I will report back once I have had a talked to them.
The FA patent is significant of YTO will put the research and money behind it. The process reduces friction on metal parts which reduces wear and tear, reduces heat and increases performance. How can that be bad. FA has worked with Ford in the past and proved the technology works. Ford did not pursue because of cost and at that time they were reducing costs.
All of the patents that Mark holds in relation to Tytan tractors are also significant. Just look at what he has done and if YTO were to introduce just a couple of them it would give them yet another advantage over their competition.
I do my own DD and only rely on my DD to make decisions about a stock. I have also analyzed the financials and will report back on what they really say in a day or two.
In the near term we need two things. Sales of course and more dealers. These two things will go a long way in curing what ills us.
Yak the patent that Mark is not going to be disputed by FA. The patent process that Mark hold was tested by Ford and it worked better than anyone thought. Ford did not pursue because of the cost to develop
I believe that YTO is very interested in it because of what it can do for them. I talked to the FA guys and right now they are testing their newer process with two oil companies
I will write more about this later
My take on the YTO and Tytan deal is as follows. Through my DD on YTO and Tytan it was confirmed to me by YTO that Tytan is whom you need to talk to if you want to buy a YTO tractor in the USA. Through my own DD I was also able to confirm that when YTO wishes to enter a new market they only use one master importer in that country. There have been two previous YTO masters importers before Tytan and both companies were not in business at the same time. Both companies are now out of the YTO business.
Mark has a long history with these folks and there is a great deal of respect on both sides. Mark showed them how to make tractors for the US market. He holds many patents on his own designs and I think YTO would like to use that technology on their own tractors. But here is where YTO could really be helpful to Tytan. The old Fused Armor patent that Mark has.
To develop this technology it would take deep pockets and a company willing to test this out. YTO has huge amounts of cash and could easily test this patent and apply it to the tractors and implements. In exchange for doing that Tytan could then apply the technology to their own tractors and implements. A win win for both companies.
Fused Armo is not going to fight Mark on this patent for a couple of reasons. One it is early technology almost 10 years old and second FA has improved upon it dramatically and has 4 more patents issued to FA on their new technology.
The patent held by Mark was tested by Ford before Mark obtained and fixed an overheating problem they were having with one of their new car models. But because the technology was expensive to develop Ford backed out. This is where a partnership with YTO and Tytan would be most valuable.
YTO and Tytan partnership will be announced soon IMO.
I am still waiting on trying to get something confirmed. If I do not hear by by afternoon I will just throw my thoughts done and make sure everyone knows it is JMO,
If you call the main number or email them at their Yahoo address they will send you a packet that has all of that information
Here is what I understood. YTO dissolved their connection to YTO-USA for several factors. One because factor is tht YTO-USA did not hold up their end of the contract in sales and signing up new dealers. I was told they also ran into financial problems. YTO told me in an email that Tytan is the exclusive YTO dealer in the USA.
When you research how YTO does business you find that when ever YTO goes into a new country that almost always use one dealer as their master importer. It is not hard to see what is going on with YTO and Tytan.
I also believe that Mark sweetened the deal for them and I will post about that later
YTO USA is no longer in business. I did allot of DD about that and even exchanged email with someone from YTO in China that confirmed Tytan is the only one to talk to in the USA if you want a YTO tractor. Sorry I do not have time to go back and pull those relevant posts up
I have buys in through my three different accounts to buy another 5 million this week. I do not expect much movement in the pps until we hear something from Tytan. Some good news that is....
I bought big today as well. If it stays down in the basement I will continue to buy. My DD tells me it will be sometime but this is gonna go higher. Lets get some more sales!
Yak what I posted is what they told me. I sent a 4th email asking more detailed questions but they referred me back to Tytan;s website. But I do believe that their is something big going to happen between YTO and Tytan. At the least I would think it would be a JVO. INMO I think that YTO has no interested in Tytan Tractors itself but rather in Mark and his ability to open up the USA markets for them. JMO.
Research Mark Leonard, Tytan, Rhino, YTO, study the financials, and email or call Mark and IMO most people will come to the same conclusion that I did. In every investment their is a risk and this one is no different. I have approached Mark with the intention of only talking about his business and business plan and he has always been open to talking about it. I have never talked to him about the pps or his responsibility to the shareholders. He has not returned every phone call or email of mine nor do I expect him to. When he describes his business plan and his future intentions I believe him and trust him.
We do not know why these other companies went belly up. The first one was some type of pipe fitting company. The second had a chain of True Value Hardware stores that went into BK. Hardly the same business plan as Tytan. Secondly Mark has done this before and very successfully at it.
I can all easily extrapolate from the DD with high probability that since my DD is correct the senario will come to fruition if Mark follows his business plan. Right now I am more worried about selling tractors and opening dealerships than anything else. If we do not get this accomplished than myself and others will lose allot of money here. JMO
According to the email I got directly from YTO it looks like Tytan is the main import of YTO tractors. So if other dealers want to sell YTO then they will have to go through Tytan to get tractors. Tytan (I think) will also be offering through it's dealer network Titan and YTO tractors to sell. Both of these if done right by Mark will be big.
Now the DD about YTO (I also posted about this) in the USA showed that previously there were two YTO exclusive dealers in the country before Mark. Both companies are now out of business. In fact the latest has a website but their phone numbers are disconnected and heir email is not returned.
I also found out through my own DD again that YTO uses one importer in most of the countries they are in. Which means in most countries where YTO is sold they use only one importer. So anyone in that country that wants to see YTO has to go to the master importer that YTO has an agreement with.
There is plenty of evidence through the DD that I have done to support everything I have said in this post. So based on this DD including the email I received from YTO directly it is very easy to formulate what is going on with Tytan and YTO.
Now the wild card in this whole senario is what Mark is going to do next. He has fallen down a few times here and let many of us down. So like a few others on here I have had limited conversations with Mark about his business plans and his business plans only. I have not talked to him about shares, pps or anything related to that. Right now I want to know how the business is going to go forward with dealerships etc etc etc. If Mark takes care of the business and continues with his business plan then I have little doubt this will succeed. The limited conversations with him have convinced me he is on the right track,
This is why I continue to have faith and why I continue to buy shares at this level. I do my own DD and follow it up with direct conversations when I can with those who have their feet in the fire.
I think he is stocking up for a big push. How that push is executed will tell us allot
No disrespect taken. I understand where you are coming from I get frustrated as well. But I am a big picture guy and I go ongood DD and some on my gut instinct. I have had some conversations with Mark, albiet they were very short ones. But I get the feeling that he is going all out and following what I think is pretty good plan.
I am going to look into the gag and see if I can find anything out. Many times answers to questions happen when one takes a different approach.
I think we all agree that without sales this entire thing is dead in the water. As long as we see sales coming we will be fine. I for one do not expect much for at least another couple of quarters. But I do think that with the addition of YTO Mark has better positioned Tytan in the small tractor market place.
I heard yesterday from YTO International in China. I exchanged several emails with "Ken" about the availability of YTO tractors in the USA and he said something very interesting......
This is a direct quote from the email he sent when he mentioned TYTAN and said this- They are the dealer of YTO in USA . They deal with the part of some YTO tractors, like 25hp to 50hp, 90hp to 125hp. And they would supply the after services, parts and implements.
Now that with the other two emails I took that as Tytan will be and is the exclusive YTO dealership/importer for YTO tractors. The fact that Mark has not yet made that announcement tells me that he is waiting for signed contracts and is getting his ducks in a row.
I take this as potential huge news. The ramifications of this are big and this could be what it takes to send the pps back up. Now with that said we need some sales for that to happen. But I am confident in Mark and his plan that over the next few quarters we will see just that.
Yesterday I talked to a local tractor dealer that deals with used tractors. I asked him about YTO and he told me he would love to get his hands on some used ones because of their value and durability. Now I am not basing my opinion off of what he said but according to him YTO is well known among tractor dealers.
I will be increasing my buys the rest of this week based on what I learned from Ken from YTO. I believe, (JMO) this is going to be much bigger. I am sitting on almost 70,000,000 shares and expect to hit as close to 100 mil before it goes to much higher.
None of us have seen the loan so there is no way to be sure unless we see it. But typically in cases like this the loan would have been paid off by the old inventory and clearly was not. Now Tytan could be sued for this loan and current inventory could garnished in order to pay the loan but that has not happened. So from a legal standpoint Tytan owns all of the inventory that Mark paid cash for since 2009. Which is almost 100% of current inventory.
There is little to none of that 2009 inventory left that was used to secure the loan. The loan was a revolving line of credit that could be expanded or reduced depending on several factors. The inventory that was used to secure the loan is mostly gone.
Everything that Mark has gotten from that date forward has been paid for with cash. So 99% of his inventory that he currently has was paid for in cash.
The fact is that very successful car dealerships (as an example) own their inventory. They do this for a couple of reasons but the biggest reason is they are not paying all of that interest on their stock. This is called "Floor Plan" in car dealership lingo. They save hundreds of thousand of dollars in interest every year by doing this.
Mark is doing this and has the business experience to know that it is always the best way to go. He is saving the company lots of money by paying cash for his tractors, parts and implements. If he did not we would be seeing it on the quarterlies.
Mark is not close to BK, nor is he close to the point of no return. He is sitting on more cash now than he was at this time last year. Anyone can look at his financials and see that his overhead and fixed costs are very low for a business of this type. He has done a very good job considering his sales down over last year.
I applaud Mark for doing a good job in keeping his costs in line and owning his inventory out right.
Inventory that was needed to supply the new dealerships that will be signed up is sitting on the grounds at Tytan, on the ocean being delivered or is rolling off of assembly lines in China. The new inventory will be seen in new dealerships in 2012.
Inventory is needed to run a successful business and Tytan is geared up and running to be just that in 2012.
Tytan has had very productive meetings the last few days with YTO or also known as "The First Tractor Company of China." Among topics discussed were the 120-140 hp series, during which a key Montana dealer, who sells many of the large category tractors, was present. Key tractor features were discussed on all sizes of tractors as well as marketing plans. Both companies are looking forward to several aspects of their joint cooperation.
Sept-2011-PR
Strong connections between YTO and Tytan do exist...The best between them us yet to come
Anyone who has every run a business that needs inventory to run knows you have to have inventory in order to run the business. People want to buy large ticket items from a successful business. They want to know that the business they are buying that large ticket item from is going to be there when they need them. Having a large amount of inventory is one way of looking successful. It gives the appearance of success because most people know that to carry large amounts of inventory the business owner has a large sum of money tied up in that inventory.
A large inventory is also needed when you are trying to open new dealerships. Those new dealerships need inventory as well. So if Mark carries large amounts of inventory the new dealerships can get immediate inventory to fill their lots and shelves. So it makes perfect sense on Marks part to have lage amounts of inventory in order to serve those new dealerships. This comes from Marks forward thinking, experience and knowledge of what it takes to run a business.
Mark was able to almost double cash flow at a time when Tytan saw a decrease in sales. Good job Mark.
Total assets up by almost 1 millions dollars. Of that one million dollar increase in assets almost $700,000 of that was an increase in inventory. Inventory would be things such as additional tractors, implements and parts. $700,000 increase in assets is not because of stock accounts receivables.
Increasing inventory is what it takes to run a successful business. Mark increased inventories by $700,000 and was able to almost double cash on hand.
TOTAL ASSETS $ 2,444,250 $ 1,452,366 up almost 1 million dollars from 2010 (Excellent)
Total Liabilities 1,183,036 1,104,501 only up about $75,000 from 2010
Cash at end of period $ 54,975 $ 28,456 Cash on hand almost doubles on less sales
Notice that there are many positives in the financials. Now Mark can be beat up for a sales decrease but he kept costs in line and almost doubled his cash flow. Anytime a business can keep costs in check and show an increase in CASH FLOW they have done a good job.
These are all positives signs that Mark is running his business the way any good businessman would. If Mark said the economy had the biggest affect on his sales then I see no reason not to believe him. All Camp 2 folks know what I know and that is Mark has control of his business and is running it the right way. The numbers on his quarterlies show us that
Tytan Tractors coming off of assembly line
Tytan
Mark and Rhino being honored...
Mark-Rhino
Enjoy the Mark Leonard Rhino Tractor story. This man knows what he is doing!
Yak I am glad to hear you are so pleased with your Tytan tractor. It is always good to hear first hand accounts of product that the end user has purchased. The tractor sounds awesome.
As far as the YTO and Tytan connection, i think you and I are close to being on the same page there. I do think something big is brewing there and time will reveal it to us all. I have had the pleasure of talking to Mark about his plans for Tytan. I do not believe he lied or is misleading anyone. Rather I think he is sticking to his plan and is working that plan. I have never talked to him about the stock price or how many shares I own. But rather I have asked about the business and his plans for the business. As long as he stays on plan I do believe the rest will take care of itself. Again JMO
I just saw that and I bet you are right.
It seems from reading your posts you are very happy with it and have gotten a lot of use out of it.
Yak did you get the 5 year warranty with yours and is it a bumper to bumper (for lack of better words) warranty?
I have to disagree. Though the site has gotten better it is still amateurish. If you look at the page that has the pictures of the filters and tractors Click-here you see all those boxes? That is caused by the website designer not knowing how to set-up tables with-in the HTML code. I could point out more but will not.
I think the site could be much better if he would just hire a good designer. JMO
Consider this if you would. From what my DD has shown YTO has tried to use two different master importers of their tractors. The most recent one I could find was YTO-USA. Their website has not been updated since 2008 and all of their phone numbers are now disconnected. ]Here is the website link that has long since been abandoned. YTO-USA
Here is their old contact information from their abandoned website:
YTO-USA
P.O. Box 8145
Wichita Falls, TX. 76307
Tel : 940-855-2YTO
Fax: 940-855-3YTO
Toll Free: 877-855-2YTO
Email:info@YTO-USA.com
In the early 2000's there was a company in Indiana that was also a master importer for YTO but they also have gone out of business. From what I can see they went out of business before YTO-USA was started.
I called YTO. Yes I took one for the team and called China. I used this number which was listed on their website as: North America Department +86-379-62799023. After several tries and some help from an AT&T long distance operator I was able to connect to a real person. Keep in mind that this is China and the person english was less than could be desired. But I was able to glean the following information from the nice young lady who helped me.
1. YTO uses master importers when ever possible. This way in each country they only have to deal with one company to import their tractors.
2. YTO currently does not have a master importer for the USA but is always looking for one to enter new markets.
3. The young lady I talked to had not heard of Mark Leonard or Tytan. I do not think that is an issue since I am sure if and when she does here of him it will be because Mark Leonard and Tytan are the USA master tractor importers.
So what do I think this all means? Mark has met with YTO and is going to be selling their 60HP mode. We know this from the NOv 14th 2011 PR. Mark has a long history with the Chinese and has already ran a very successful tractor company called Rhino. Mark has met with YTO several times. In my opinion Mark would be the right choice to be the new YTO master tractor importer. Since he is in the process of setting up new dealers it would be a very good marketing tool to sign-up new dealers.
IMHO I believe that Mark is working with YTO to become their only USA importer. This could be huge. Since YTO sells much more than tractors then this could be very huge. JMO. Do your own DD and come to your own conclusions.
This is from a Nov. 14th PR...........
Tytan will also be selling the YTO 60HP Crawler which also fits the performance criteria laid out by the commercial farming industry, but also has a price point that's attractive to small acreage operations
Now from the visits with YTO nobody really knows what we can expect from this news. But if we look at Mark's history with China we can probably expect something big here once the deal is worked out.
I think we will see that and more.....