Tytan CEO Visits 13 Chinese Factories
Tytan Holdings (PC) (USOTC:TYTN)
Intraday Stock Chart
Today : Friday 3 June 2011
The CEO of Tytan Holdings, Inc. ("the Company") (PINKSHEETS: TYTN), Mark Leonard, has recently completed a ten day tour of 13 Chinese Factories under contract with the Company. He was accompanied by Tim Nelson, of Farmboys' Tractor of TN, and Gary Lynch of Weir & Harrad Machinery from Australia.
All Products were just coming off the production line. They were carefully inspected for quality and cosmetics. "We are reaching our goal to have the BEST Quality and Prices! All of the Tractor operated, Lawn Finish Mowers, Flail Mowers and Brush Cutters have better welds, paint and workmanship than any other products in our Industry, no matter where they are made," reports Leonard. "Every piece exceeded my expectations," said Leonard, adding, "They have all been approved for shipment and I am very happy with my friends' efforts."
Tytan will offer a NEW 3000 lb. capacity Hydraulic Dump Trailer 5' X 10'. This trailer can be towed either by a Farm Tractor or a Pickup. It is equipped to be able to dump heavy loads of gravel or sand. This trailer has multiple uses. Tytan is planning eventually to possibly offer this in a galvanized finish as well for the farming Industry. The pictured trailer on the website news is only an older sample picture.
"We were also very pleased with quality of the new Tytan Mini Tractors," stated Leonard. "Tytan has two shipments of tractors being readied for shipment. One shipment is at the Port now. I believe our customers will be excited to see the new hood and fender paint colors." This little tractor will also have Leonard's newly designed telescoping Roll Bar that allows someone with a low garage door etc to move the tractor inside with ease. For Orchard use, it can easily be removed.
"I'm thrilled with the advanced features which have been upgraded on all of our tractors; the fit and finish on them is perfect," said Leonard. The factory is outfitted with state-of-the-art assembly, prep and painting equipment. Significant orders were placed at this factory. At a round table dinner Party that was hosted by the factory President & CEO to discuss long term plans for Tytan to capture a large segment of the US market, among the dignitaries present were three Chinese Government Officials who were attending as a result of the great success Leonard had with his previous Rhino company factories. They pledged their full support to Tytan's efforts.
Mr. Leonard also met with Chinese Stock Market officials and is currently studying different possibilities of introducing Tytan's stock in China. Two of the largest firms he visited this trip expressed a keen interest in the stock. (Especially since Tytan's stocks had such a great week while Leonard was visiting them.) More communications on this progress will come as it happens.
This last week there was some news that came up regarding the actual ownership of the Coatings Patent that we have listed as belonging to Tytan Holdings Inc. After studying the situation & getting expert feedback, Tytan President Mark Leonard said he was not concerned and the situation will be straightened out. The purchase and registration of the Patent were handled by a Portland, OR attorney who specializes in that field. The Coatings Patent was something we had only at an investigative stage. Tests were not in yet to determine our possible use.
To view photos of this trip and short explanations, please visit http://www.tytantractor.com/comparison.html
Company Contact:
admin@tytantractor.com
Company Website and Safe Harbor Statement:
www.tytantractor.com
Investor Relations:
Nick Vinci
(386) 985-5853
vuifinancial@cfl.rr.com
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