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One day at a time. One tractor at a time. One oil filter at a time. One part at a time. One implement at a time. One new dealer at a time.
It only took me about an hour to find out what I needed on these two advisors to Mark. I have also talked to Mark in email and on the phone. Despite the advice of these two men, Mark has a solid business plan and is in the process of carrying that plan out.
Inventories are increasing, shipments are coming in, dealerships are being added, oil filter markets have been added and the list goes on. It would be great if the pps was as high as we would all like it to be, but that is now the case for now. I continue to add shares almost everyday and have the confidence that Mark is moving this business forward as planned.
I realize that many people bought in to make a quick buck and probably poured money in that they really could not afford to, but did in hopes they would make lots of money. The fact is that starting a business and increasing market share is not an overnight ordeal. It takes time and lots of hard work. People who have talked to Mark know that this man is working towards his goals and we will all arrive there somewhere down the road. There is no way to predict when it will happen.
But as someone else said so well on here there is no evidence that Mark has done anything wrong and most of what you are reading is just opinion. I have lots of money invested in this stock and have over 60 million shares with an average of .0006 and I continue to buy almost everyday. This is but a small part of my overall portfolio so I can afford to lose the money if something does go very wrong. But in my opinion that is not going to happen.
I will continue to buy and patiently wait for the pps to increase.
Mark is running the business and I strongly believe the mistakes that were made in regards to the stock are not Marks's doing. As I stated in several posts I think there are two guys that are giving him bad advice and he is way to dependent on these two guys. Both of them have long histories in penny stocks. I think if Mark would rid himself of these two guys we would ll be in better shape.
There have been quite a few people here who have talked to him!
Sorry. My average is .0006. I should proof read better
As of today I am sitting on just over 62 million shares. My average is .0004 and I am not a bit worried here. I have talked to Mark via phone and email and I have no doubt of his sincerity to make a success of Tytan
I have done lots of DD on this stock, Mark and those involved with this company. I have heard his side, at least what he could say without braking the law and I am confident in him.
This stock is a very small part of my overall portfolio but by far the most interesting and sometimes the most frustrating. I am sitting on this long term and will get my original investment back plus much much more in the years to come.
The negativity does not bother me or deter me from believing in this stock or in Mark,
I use Sharebuilder, Etrade and Fidelity and have never had trouble with any of them.
A great video about Mark and his first success story Rhino Tractor. It gives you a very good idea of what he is trying to do with Tytan.
Mark-Rhino-Story
No, though I wish I was still there Played professional sports for a NYC team and have been retired for last 20 years. Just been raising the family, starting new business and investing. I live in the deep south on the beach.
Just do the DD brother. It is all there for the taking.
I just hitched another 2 million shares to my Tytan wagon.
Mark has answered my emails without issue and returned my phone calls. Some people forget that he has a business to run and I for one would rather see him run that business than spending his day answering emails.
It is his job to run this business. That is what we expect him to do. The sales will not happen without his hard work.
There are so many penny and sub-penny stocks that are all hype and bs. People buy and sell those stocks based upon the latest PR or rumor. Most of us are experienced enough to know those stocks are worthless and will never become anything.
Tytan on the other hand has many things going for it that these other stocks do not. It has real inventory, real sales, real dealers, and a CEO with proven previous experience starting and building a company called Rhino.
That is true. Aussies will soon love the Tytan tractor like we do here. I am still waiting for some pics from our Aussie dealer and hope to have them soon.
The 854 would be a sweet addition to any farm. If you get it we would love to see the pics of it.
Tytan has been turning over their inventory. They have been getting regular shipments of both tractors and implements and parts on a regular basis.
How old their inventory is hard for any of us to tell unless we have had that conversation with Mark himself. It is a fact that inventory has been coming in and inventory is being sold.
We all would like to see huge increases in sales but that will come as more dealers open and the brand is promoted.
The problems we are seeing now I think are caused by the bad advice Mark is getting from Stringer and Leslie. I believe they are the reason we saw an increase in shares and possibly the reason for the dilution.
Being a public company is new to Mark and those two are advising him. I believe they are giving him the bad advice and that is the reason for some of the issues we are seeing.
This is just my opinion based on the very deep DD that I have done over the past few months. That is all I will say on this issue in public and believe if you do your own DD on these two you will agree with me.
Nick would you be willing to post ML's entire email back to you? Not because I do not trust what you say but rather because I would really like to read the tone of his letter.
I am one who thinks you have done a fair job in expressing your opinion about Tytan.
I could not agree more. Mark will speak when he is ready.
No problem. I could not agree more. It will take a few more quarters to get dealers set-up and running.
I have been looking at the YTO angle pretty hard and hope to have some DD on that this week. I am waiting for YTO-USA to get back to me but have had little luck with them. I am going to call tomorrow. It may give us an idea where the Tytan/YTO connection is going.
By stock in the last post I of course meant the Tytan stock not stock as in inventory
Yes I have. I have been talking to them since the announcement. What I have not done is talked to them about the stock here in the U.S.. I am more interested in how the sales of tractors are going over there. I also requested pictures of the inventory on the ground and expect to see them in a few days. It takes a few days for them to get back to me. They are about 14 hours a head of me and seem very busy. I will post the info as I get it.
Aussie Tytan Whois.com information. I expect to have pictures of the tractors on the ground at the new Aussie Tytan dealership in the next few days.
Whois Domain
Click here to perform another Whois query
Whois response for whmtractors.com.au:
Domain Name whmtractors.com.au
Registrar ID Enetica
Registrar Name Enetica
Status ok
Registrant WEIR & HARROD MACHINERY PTY LTD
Registrant ID ABN 47001516258
Eligibility Type Registered Business
Registrant Contact ID ML3093
Registrant Contact Name Matthew Lynch
Registrant Contact Email matthew@weirandharrod.com.au
Tech Contact ID ML3093
Tech Contact Name Matthew Lynch
Tech Contact Email matthew@weirandharrod.com.au
Name Server ns1.webcity.com.au
Name Server IP 203.17.36.33
Name Server ns2.webcity.com.au
Name Server IP 203.17.36.4
I have had some at .0002 and .0003 for a few days now with no buys. At these prices even .0004 is a bargain. Plus it is my goal to keep accumulating as much as I can while the prices stay low.
I have never been able to get either to fill anything larger than about 1.5 mill at a time. I have tried larger buys but to no avail.
I just put a buy request in for 5 mil through both Etrade and Sharebuilder at .0004. We will see what happens. I doubt it will get filled but we will find out
Car dealerships would like to have as many cars on their lots as there are people. Even two people who like the same model car do not like the same color or options. Car dealerships have always worked under the assumption, and a correct assumption, that the better your selection the more traffic you get and the more sales because of that traffic.
Tytan has to have inventory. Check out how many implements are available and you can see why the inventory has risen. It is very impressive.
I am not qualified to determine, without some research just how much inventory he should have. But I do know that car dealerships like to have at least, at least, a ninety day supply on hand.
If I was going to be a dealer of Tytan products I would want to see a lot full.
The market overall today was flat and many sectors showed less volume than most days. Tytan stock today was just a reflection of the market today. No big deal.......
An increase inventory is vital to the success of Tytan. Any new business that relies on stock inventory to service current and new customers will tell you that thisnis the cost of doing business. So it is no wonder that Tytan is showing higher inventory and far less profit. But a large inventory is needed to do business.
Why such an increase in inventory? Tractor dealers already in business will want some inventory as soon as possible to show current customers. This would include tractors, implements, and parts.
Tytan needs to have a full lot of inventory to show perspective dealers. More inventory on the lot for one looks better and perspective dealers want to touch and try out the equipment.
Total assets increased by over one million dollars compared to same time in 2010
Tytan inventory by over $600,000 in Q3
Me too. I hope to get a few more million today
We were wondering what happened to you. Thanks again for your analysis of Tytan. It is always appreciated.
That is what part of the inventory is for of course. An existing dealer will want inventory as soon as possible where a new start-up dealer will wait for the inventory because they have to get that dealership open first
So in this case Tytan is no different than other dealers. Hence Tytan must have inventory to do business
All dealers, whether they sell, cars, tractors, boats, snowmobiles, motorcycles carry large amounts of inventory without having any contracts on that said inventory.
Being a dealer of any of the above type of inventory has to carry a large amount of inventory in order to be competitive. Dealers of this type of inventory do not already have the inventory sold before it hits their lot. If they did their lots would be regularly empty of inventory because it was sold before it hit the lot. This is just not the case.
I think the inventory levels between Q2 and Q3 rose over $600,000. Do not forget that more than tractors were the cause of an increase in inventory. A good part of that increase were implements.
If you are going to increase your dealers you need a couple of things. One you want a sales lot that is packed full. That gives a good impression and looks better than a half-lot. You also need a good selection of inventory for the new dealers to chose from.
Any business like this has to have inventory. When you go to buy a car do you not go to the place with a large inventory and great selection to chose from?
As dealer open this inventory will be reduced and new inventory will take it's place. We will also see large increases in inventory as these dealers come to fruition.
I expect to see the increase in inventory to be drain on cash until inventory is moving fairly well out the door. There is no reason for too much concern over this last quarter. It is the cost of doing business and this is a new start-up
Perspective...........
The total amount of used tractors sales are up right now and have been for the last 18 months. Farmers and Ranchers are buying more used right now then new. This is partly the reason for the decline in Tytan sales. How much? Hard to say from just this information and would take a much more in-depth study. But there is no doubt that with a recession, farmers and ranchers are buying more used verses new and that this has some effect on Tytan. The future for Tytan is a bright one.
1. Tytan offers a far superior tractor than it's competitors.
2. Tytan's prices on its new tractors are still below the prices of the used tractors and have come with a 5 year warranty.
Once the dealer network get rolling we will see many more Tytan Tractors being sold.
I understand that. Just commenting on how fast the 3's are going