Info@EliteSwingTraders.Com
Register for free to join our community of investors and share your ideas. You will also get access to streaming quotes, interactive charts, trades, portfolio, live options flow and more tools.
Register for free to join our community of investors and share your ideas. You will also get access to streaming quotes, interactive charts, trades, portfolio, live options flow and more tools.
Max, I received two emails from Mark yesterday, got one early and one lat last night. I asked different questions so I got different answers. He is talking about the shipment of tractors and what’s going on, he even sent a few pictures. I'm not sure how to sticky these or should I just post them? Really explains a lot and Yak was pretty close about the delivery date.
PR Dated 04/07/2011
http://ih.advfn.com/p.php?pid=nmona&article=47205168
Tytan Holdings, Inc. New Mini Tractor Receives Outstanding Response
Tytan Holdings, Inc. (OTC:TYTN) today announced that interest in their New 30 hp 4WD Diesel Mini Tractor with Front Loader has been overwhelming. Dealer interest in the new Mini Tractor has exceeded our original projections. Due to the retail price point, the profit margin, and the niche product size, dealers are showing great enthusiasm for this new small acreage tractor. "We knew we had developed a winning tractor, and the industry has proved us correct." stated Tytan CEO, Mark Leonard, adding "The 304 Mini Tractor will retail for $11,999. That makes it affordable for a very large segment of buyers who are watching their money closely." One of the most appealing features of the Tytan 304 is its ability to do the bigger jobs that, until now, had to be done by bigger, more expensive machines. To see all the new features and capabilities of the Tytan 304, please visit our website.
In other news, Tytan is putting together a wholly-owned financing division whose sole purpose will be to provide excellent purchase and leasing terms for both Tytan Dealers and Tytan Customers. "We feel that this venture will truly separate us from the rest of the pack," Leonard said. "Our equipment is already of the highest quality and best pricing on the market, with these financing options we will make it possible for virtually anyone to buy a Tytan product."
Also of note, Tytan has recently become a "Current Information Reporting Company" with full company information (including financials) available on OTCMarkets.com. Tytan Management has made it a top priority to become a fully reporting company in the future. "This achievement will set the stage for our next phase of expansion," said Leonard, "Toward that end, we are pleased to announce the addition of Guy Vinci to our team. Guy will head up our Investors' Relations Department."
Tytan's CEO, Mark Leonard, will discuss the Company and plans for growth on Thursday, April 7, 2011 at 2:30 PM EST on Stockgoodies Radio Program.
The Company will provide details on upcoming developments as they materialize. "These are exciting times for this 'little tractor company that could'" concluded Leonard, "we are glad to have your support. Thanks."
Cautionary Note Regarding Forward-Looking Statements
The statements contained herein which are not historical facts are considered forward-looking statements under federal securities laws and may be identified by words such as "anticipates," "believes," "estimates," "expects," "intends," "plans," "potential," "predicts," "projects," "seeks," "will," or words of similar meaning and include, but are not limited to, statements regarding the outlook for the Company's future business and financial performance. Such forward-looking statements are based on the current beliefs of our management as well as assumptions made by and information currently available to them, which are subject to inherent uncertainties, risks and changes in circumstances that are difficult to predict. Actual outcomes and results may vary materially from these forward-looking statements based on a variety of risks and uncertainties including: our dependence on key management and product development personnel, the timely supply and significant market acceptance of our products, the ability to maintain acceptable pricing levels on our products, our reliance on the factory or factories producing products for our dealerships, and our ability to raise capital if needed. All forward-looking statements are qualified by these cautionary statements and apply only as of the date they are made. The Company undertakes no obligation to update any forward-looking statement, whether as a result of new information, future events or otherwise.
I think the A/S is being used to set up Tytan's financing division as promised.
In other news, Tytan is putting together a wholly-owned financing division whose sole purpose will be to provide excellent purchase and leasing terms for both Tytan Dealers and Tytan Customers. "We feel that this venture will truly separate us from the rest of the pack," Leonard said. "Our equipment is already of the highest quality and best pricing on the market, with these financing options we will make it possible for virtually anyone to buy a Tytan product."
Thank you Yak, I knew there was a dealer in Canada. If there's one there’s bound to be more to follow.
As far as seeing information about new dealers we now know that Tytan has added dealers in Australia and the Pacific Northwest. What we don’t know is what other dealerships have been made since the last update. Another poster made a comment that Rhino sold their products at over one hundred retail sites in North America alone. The point was made to highlight the fact that Mark already has a significant number of contacts and past clients in the industry.
I also agree with the counter point; that just because they were past clients doesn’t necessarily mean that they will be future ones. While this is true, Mark has already established a working relationship with these businesses and IMO it’s always easier to convince someone the second time around especially if the first deal was profitable.
I’m guessing that by wanting to see news about the addition of more dealers it will satisfy your questions about where Tytan is going to sell everything as it continues to arrive in the states.
Most recent news about addition of Tytan dealers, I’m sure will be getting additional updates as they become available. IMO
Gary Lynch, Managing Director of Weir & Harrod, brings over 100 years of equipment sales experience to bear on the opening of the Australian Market to Tytan International Products. His firm also deals extensively in Asia and the Middle East. "After meeting Gary and have him travel with me for six days and visiting 13 Chinese factories, it became crystal clear to me that he would make a good Distributor for our Company in Australia," said CEO Mark Leonard, "We posted a video that lets Gary speak for himself:"
Mark was very forth coming about the first quarter results even before they were released. The guy was trying to be honest and forthcoming but a lot of posters put a negative spin on his remarks by saying he was just “making excuses”.
I don’t think he was making up issues about the economy and maybe some of the full time farmers can answer the question about what time of the year most of them spend money on tractors.
Mark also stated they were spending a lot of their time focusing on future projects, like introducing new products that the company is expecting to increase sales and profitability. The company is growing and a lot of things are happening this year to increase revenue and the port deal is just one of the things that Tytan is doing to lay a strong foundation for future business operations. IMO
KALAMA, Wash., May 11, 2011 /PRNewswire/ — Tytan Holdings, Inc.
The Quarterly Report for the first quarter of 2011 will be released on time with OTCmarkets.com. Mr. Leonard reports that sales for this quarter were sluggish due to poor weather, a weak economy and the Company’s intense focus on exciting future projects. The arrival of the new products from China, sometime in the second quarter, bodes well for an uptrend in sales. ”We couldn’t be happier about the quality of the new designs coming from China,” stated Leonard, adding, “I think our customers are going to love this stuff. It’s exactly what they’ve been asking us for.”
Go up to top of page and run your cursor over Hot! Third choice down is Ticker Buzz Cloud. Check it out TYTN is one of the largest symbols in the cloud. The bigger the symbol the more people are talking about it. Go TYTN!!!
Was just curious, where did the pricing come from about storage/fees at the port? I called the port last Thursday and was not given any information about pricing, the lady I talked to verified that Tytan would be using the port, would be using both inside and outside storage, but couldn’t/wouldn't tell me about the cost.
Wow; TYTN is # 3 on the top 10 most active boards and the Large GREEN TYTN on the buzz cloud is a great sign. Go TYTN
Great wonderful, I assume since I am using this particular constellation I should buy on dips?
We'll know that you mention it. Max that was deep and very well debated. Thought I’d lighten the tone a bit and at last I have both you and Max together.
I noticed your comment about Moon phase prediction and the usage of a Chrystal Ball in some of your TA. I had no idea you were so versed in the practice. I’ve really wanted to add this moon phase TA application as part of my tool box. Since you seem to favor this process I would be really very thoughtful if you could find the time to point out some of the finer aspect of the Moon/tide alignment of planet rotation / shooting star stuff. Never know it may come in handy when I am conducting DD for my next investment.
Unless it's cloudy of course and in that case I can use the divining rod technique I've been developing, haven't had very good results with that one but it does have some considerable crossing patterns that I may be able to use in replacement of the golden cross theory. Also forgot about the mind ready deal because the possibilities are endless, I wouldn’t know where to start.
I asked Max to help me up with this moon thing as well but he gracefully declined my offer. He did however highly recommend you be next on my list because and I quote' I know of no other moon predictor guy better than NIKO. So what do ya say NIKO, moon class or should we just let Max give us some considerably more accurate daily updates?
Great news, a day or two is nothing.
That's it. Over a month would be painful and your right 8-10 days isn’t really that long but I do believe it won’t even be that long in Kalama.
Steve makes some great points about possible in-house financing.
I noticed Tytan had a credit application on their web site, can’t tell if it’s for them or a bank/finance company.
Being able to finance even 50% of North American sales would be an incredible accomplishment. Just like any other retail store wants you to use their credit card to make purchases, Tytan should want their customers to use their financing to buy tractors. They could easily make more $ from financing than sales.
Sure would make it a lot easier for the average Joe to take home one of those tractors we’ve been talking about.
Great observation about the farmers, Tytan included the grain info for a reason and I think folks are starting to understand how being at the port gives the company higher visibility to the farming community. It’s kind of like free advertizing.
We haven’t talked much about the Customs offices, I think I seen a post that said it currently takes like 8 days to clear Customs so with the port being smaller and having fewer importers I would imagine the time frame should be considerably shorter.
Top names in deed. Congrats to all. Change is good!!!
This is a very different company then it was just a few months ago. Tytan is expanding and with rapid growth comes change. We are going to see many more changes just like the one announced on Wednesday as Mark and his team continue in what he is calling the “execution phase” of his business plan. IMHO
Niko,
This is from to website the link on the PR sends you.
"Tytan is arranging a new method of getting tractors in fully assembled and within 1 mile of the Kalama facility. Kalama will always act as the storage yard for imported tractors during its expansion. This new arrangement will give Tytan a huge advantage over all other Competitors. There is no such deal anywhere in the USA/Canada with all of this."
http://www.tytantractor.com/comparison.html
Also received this from MC33. The link at the bottom is to the Port of Kala and provides a lot of information about the port itself. I have talked to PR at the port and they will be adding Tytan International to the list of companies.
I also agree with CR33's point about a perspective customer base at the port itself. TYTN has virtually unlimited outside storage and I forgot to write down the amount or inside square footage (warehouse space) they have reserved. I’ll post more about the whole port deal this weekend
FROM MC33
Look at all the companies that use this dock. From farmers, loggers, and construction companies.
They will have to pass all of the TYTN equipment when they go to the dock, since the dock will also be used as the storage center. Seeing this equipment, on a constant bases, starts to put thoughts in the back of your head. What do you think is going to happen when it is time for those companies to upgrade there equipment? Remember Mark said the best advertisment is from word of mouth. This is big news on a marketing stand point as well as a cost savings stand point.
http://www.portofkalama.com/businesses_at_the_port
Nice 2.46 MIL, now that's some ASK slappage. Max I'd say your TA of our support being at .0025 is correct.
“Tytan International is following the same growth curve as my old company, Rhino Tractor. Years 1-4 had minimal sales during the development period. In years 5,6,7 and 8 sales took off and Rhino products ended up in 100+ dealerships throughout the USA,” recalls Leonard. “Tytan is now in year 5 and, with these new shipments coming, I believe we are set to climb to the top once again.”
Mark Leonard 5-11-2011
Steve,
I think you called it on this one. The Port of Kalama is a key part of Tytan’s expansion plan. For us here in Pennyland a few weeks seems like forever but Mark probably knew he closing the deal with the port and also knew he was going to being able to use their storage facilities when he was in China.
The new facilities enable Tytan to accept much larger shipments as they now have a place to put the stuff until they get it shipped to the dealers. We really have no idea how many tractors were shipped to Seattle but I’m thinking the majority if not all of the order will arrive at the new port. I’m waiting to seeing how high our new support level will be after TYTN reports their first “major shipment” has arrived at Kalama.
I have a feeling that is not too far off based on our anticipation of the current shipment and the recent announcement of the new IDC. Seems to me the whole process of getting products from China to the dealers here in North America has changed or is in the processing of changing.
I have submitted a laundry list of questions and have started receiving some answers in the last few days. One question I sent yesterday: Why have you not been using the Port of Kalama all along? I have not received an answer to that particular question yet but I’m guessing it’s pretty simple. They would have if they could have. I have also for the five W’s associated with the shipment that everyone is talking about.
This is a very different company then it was just a few months ago. Tytan is expanding and with rapid growth comes change. We are going to see many more changes just like the one announced on Wednesday as Mark and his team continue in what he is calling the “execution phase” of his business plan. IMHO
“I believe we are set to climb to the top once again.” Mark Leonard
I used the word international to indicate the Tytan products would be sold in USA and Canada. However this truly is an international company. Tytan has manufacturing going on in China, sales throughout North America and Australia. My apology if that was “misleading”.
The point I was trying to make was this is something that Tytan didn’t have going for them on Tuesday. I was not expecting this type of news the other day either but after putting it together it’s makes perfect sense. I was expecting news about a shipment of tractors from China along with many you. Instead we get a PR about a Tytan “distribution center” and I’m thinking this is unexpected, never seen this coming. Then I starting thinking about the “advantages” this give Tytan over its competition, as Mark points out in the PR.
"This puts Tytan in a position no other importer has available" and "this amounts to a 20-25% advantage over any other Tractor importer."
It is just a natural progression of business expansion. Tytan needs a place big enough to store its inventory, have the infrastructure to distribute the products, and dealers ready to receive the inventory before we get this shipment of tractors everyone was expecting.
It makes no sense to have a “boat load” of product before expanding the logistical capabilities of the company. I agree that the PR was not one of those in your face type of things but, after looking at the message more closely, at became clear just how exceptional this news was for this company. It proves those guys over at Tytan are thinking things through and cutting cost whenever possible. I understand everyone’s expectations but this indicates that Tytan in planning for long term growth and they’re doing it smartly.
These types of opportunities don’t come around often and Mark has just begun to implement his plans for expansions so I had hoped to see more updates on other deals like dealerships opening, deals with trucking lines, and things that you would expect to see from any other growing business. Those tractors will come but I think many of us, myself included, was expecting the cart before the cart before the horse thing.
One final point; I’m sure that while many of us didn’t see this as significant Mark and his team put a lot of effort into securing this deal. The market did not react well to the news and this may have had something to do Mark's reaction yesterday. He did take down the images from the web site but he also took something else down as well. I’m sure we’ll continue to get PR’s and as a matter of fact I know we will but if this type of news was not accepted well, why would he continue to send out what someone called “fluff” PR’s if all it is going to is cause him to be inundated with calls and emails about the graphics on their web site.
By the time people finally started to get it the damage had been done. Long term the establishment of a sound distribution process have a profound effect on the success of this company and short term it give him a place to put all these tractors everyone is waiting on...
Took me a minute but I got it. Funny
This is an excellent depiction of what Mark was trying say in his PR yesterday.
"This puts Tytan in a position no other importer has available"
This is a truly awesome set up. You guys are looking at the International Distribution Center for Tytan Tractors. (IDCTT)
Thank you for the Pic CR really gives you a great prespective on the entire operation, at least for now anyways.
can't figure how to post a dawg gone pic, guess I better figue this one out.
Can someone please help me out and explain what is going on?
I was waiting to discuss just how big I think today’s PR was and don’t understand why it was discounted because of a few pics. All the chatter about the web site and anything else to remove attention from the PR was an obvious attempt to distract attention from just how big this really was. Tytan established a 20-25 % increase in profit margins over its competition based on changes to shipping.
This was only the tip of the iceberg; the CEO said a lot of things in very few words. Unfortunately it fell on deaf ears because it was brief and today’s discussion lacked the substance and solid DD that I’m used to seeing on the board. People focused on minor details or flaws in the PR and missed the big picture. Here’s my take on the info we received today. They only other topic I didn’t cover was the shipping line which is best suited for another discussion.
Feel free to pick this apart so we can talk about how Mark is learning from his past experiences and planning for future growth or not if that’s how you feel.
1.Tytan was able to move port of debarkation to a location within one mile from what is stated as the permanent central distribution hub for North America.
2.Tractors will be shipped preassembled thus eliminating the cost of packing in China and un- packing/assembly at a distant location once on the ground in the US.
3.Once driven off the boat, driven off the boat; not lifted by crane in shipping containers and transported to a warehouse for storage and further preparation for the transport from Seattle.
4.Total elimination of transportation cost from Seattle.
5.Rail Head located at the port of Kalama. The mention of this being the major port from which most of the grain shipped from the Western half of the US is exported was intended to inform us that the railroad had easy access to anywhere in North America.
6.The proximity of the railhead being within one mile of the Tytan facility was intended to inform us that once unloaded the inventory could be transported to the facility or loaded directly on a railcar for immediate delivery to one of the hundreds for dealerships that will be selling Tytan tractors. I said will be, I’m sure it “will be” hundreds some day.
7.If tractors or parts needed to be shipped from the central facility again it is only a short drive to load the equipment on either the boat or train.
8.Customs located at the port means shorter time the cargo is held for processing and released to Tytan.
9.All of this means that orders will be received in a timelier manner reducing the need for dealers to carry excessive inventory. This reduces cost to the dealer by eliminating the need to tie up capital for long periods of time on parts and accessories. This” just in time” supply model makes Tytan more attractive from a dealer stand point for the reasons I mentioned above and probably the number one reason is with quicker turnover of inventory dealers require less square footage to store and display Tytan’s products. Less square footage means less money spent on leases.
10.All of this combined sets Tytan’s distribution system up to be one of the most efficient in the industry and I don’t think any of this happened by chance. This process was well thought out and way too coincidental for it to just happen. No one is that lucky IMO, Mark choose his current location well in advance of implementing his shipping and distribution plan. Well in advance, he knew what he was going to do years before it happened and I’m willing to bet that he is tens steps ahead of us or the competition in figuring his out his plan to ”begin Tytan’s raise to the top”. IMHO.
Like I said before, "In addition to" the toy business; What about the other assets of Super Rad Coorp, like the Earloomz partnership. Earloomz and SRC goes way back and of course Ooh Wee Media, both were SRC/Sid's assets in Aug 2010 and I can't see him missing the oppertunity to take these public along with Super Rad Toys. In the filings the accounting of assets are vague but does say all. It's this type of lack of detail that continues to drive the speculation train.
I am sending the company a second email as we speak.
They said they would answer what they could and I have already told them that I intend to share the information with members on the iHub board.
Anyone have questions they want me to ask? I’m sure there is a lot of information they are still unable to release but a bet we can get some answers to many of the general questions that have been raised . You never know we might lucky.
Please ask your question in the form of a question so I can just cut and paste.
Here is my first question: This one is from “Nedreck” and I thought it was a good one, considering all the business about the lack of professionalism behind the imposed cartoonish images.
Has there been a change with Investor Relations?
We noticed that Nic Vinci was not on the PR as the IR POC anymore.
I will check back at 9:00, compile any questions and send them off, hope to hear something back tomorrow if all goes well.
Stopped by to check TYTN’s progress breaking the resistance at .0030 and seen the good news.
Started reading some post and the discussion is about a web site; really, a web site? Someone is seriously trying to distract the board from what should be the topic of the day.
Today’s topic should be the PR that came out this morning. Opening new shipping lanes, faster delivery means less inventory, increased profit margins. It’s like all I’m seeing is; great TYTN is saving a little money on shipping what’s the big deal? The website is BS and everything is fake and the CEO is pulling the wool over your eyes.
It’s all about margins; exploit every opportunity that gives you an advantage over your competition. Business 101: increase profit margins and you increase the bottom line. The larger the profit margins the faster the business grows. There is a hundred different things that we could be discussing to further TYTN and we’re talking about a website; Really?
MOMO is all up need to make it GOGO. This one is just getting started; way undervalued here, the sell off after the divi was unwarranted and created a Hugh opportunity to make some easy money.
EXTO just retired 1.2 Billion shares, bought Trans Atlantic Capital Group, spun it off and will start trading by itself as TACG with a estimated PPS of .50, and issued a divi to its shares holders all in less than two months.
TACG made 15 Million in the first quarter alone and has a estimated PPS of .50 but the parent company is only trading at .0027. They have turned this company around with the quickness. As soon as word gets out about their net worth, future acquisitions and ridiculously low PPS has is going to explode. IMO
Blue great DD on your board, looks like I’m back in.
Thought this was over, sold out and moved on.
Having a revenue stream in place significantly increases the odds of this deal happening. 30-40 barrels a day may not sound like much but that’s money in the bank to fund future operations.
JMO.
Just stopped by to see what is going on with EXTO. You guys got this thing rocking. Anything I should know before I join the party? Looks like it's time to fatten up the bank roll.
EVDR 529 Million share buyback. News expected any day about completion of buyback per last PR.
Been watching accumulation going on for days, this one is primed and ready for launch, PPS has been trending up last five sessions, bashers screaming scam trying to get lowest PPS before news. Swing traders been using EVDR as an ATM since March when it went from .0030 to .019 same day.
This is a SHORT term play, get in now and out on the spike.
Check out the link.
http://ih.advfn.com/p.php?pid=nmona&article=47964163
Blue Skies Ahead!!!
23 Mil??? Was that the last dump??? Maybe, have to comfirm in the morning, if so we'll see .0006 by EOD.
Excellent trading day for TYTN.
Sellers are moving down to 29 trying to cut the line at 30, if that's the case it will just weaken the resistance at 30 and make the break through all that much easier. JMO
Almost 1 Mil on the bid @ 29
Nice!
I don't think they screwed up the language, I think we are only hearing one side of the story depending on how you want to interpret it?
I'm reading the whole sentence and it says the stock was issued for both reasons, does it not? Bought and paid for in the same sentence.
For the acquisition and for payment of the acquisition.
On August 11, 2010, FBC Holding, Inc. issued 12,500,000 shares of its common stock to Super Rad Corporation for and in consideration for the acquisition of the Super Rad Corporation assets.
I posted a question this morning about Super Rad Corporation assets and what SRI got for their money. I think the answer is we really don’t know since they have been keeping quiet about this part of the deal until legal review and permission to make everything public.
Everyone has been posting about the toys but the 10-Q clearly stated that Super Rad Industries acquired all of the assets of Super Rad Corporation on August 11, 2010.
What does this include? What about SRC partnership with Earloomz and their interest in Ooh Wee? Like someone else posted this morning what about intellectual properties and licensing deals both of these companies held at the time of the deal.
I mean these are legitimate questions since we have seen no accounting of SRC assets. How can we be sure that any of SRC assets were not included in the deal? Has anyone seen anything that says that SRI gets all of SRC assets except? This is alot of money we are talking about. Any idea how much Earloomz makes in a year?