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Wow. You were 100% right. ML is a complete and utter failure. Thanks for telling us what you heard
It's 100% fake. Common shares are not voting shares. The prefs are voting shares and ML and his daughters own the vast majority of them.
ML can do what he wants, whenever he wants. Hence the massive A/S raise and dilution w/o anyone's approval other than a Leonard
How many times have u seen that many pre-market trades on this stock? Usually when I've seen pre-market trades on the pinks, it's because there's a ton of activity i.e. bidders/sellers that entered trades for the open.
Who cares what kind of business ML is building? He completely burned his investors. What's worse is that there's no sign of him stopping.
Look at the PR's from the past year. What is TYTN's business model? ML was willing to say anything and everything to hype the stock in order to heavily dilute into the elevated pps.
Pump and dump, Ponzi Scheme...no difference
I did. The losses are no where near what the press initially reported. No matter what, most won't even see 10% of their initial contributions back on this POS
That's funny. So you offered to try the invisabreeze and he hasn't responded?
Mark Leonard will never feel the same about TYTN shareholders as other companies that trade on the pinks. Here's an example of what we'll never hear:
Anyone received an email or other form of communication from the new CEO?
The sad thing about TYTN is that the common shares are not voting shares--only the preferreds that he and his daughters own a majority of.
If everyone decided to flood the TYTN phone lines and email inbox this week, I'm convinced we'll hear something.
Please don't say that this activist gesture will interfere with TYTN's business--we know that they have no business to be interfered with
Looks like it's time to buy at 9 and 10 then flip at 12-15
ML doesn't care about the stock price. Unless your kissing his @$$, he won't respond.
For anything to get done, peeps on this board will need to storm into his office where he dedicates 20 min a day actually selling his bloated inventory.
Its obvious that Leonard is a joke. The best sh can hope for is that he does a major promo
Any idea who some of those big companies are? I'm not very good with abbreviations. I don't have PM but I read them :)
Which is why I was surprised to see gold listed on that report
It looks like gold was tested. I'm wondering if the method of testing for platinum (fire assay) is also the best method for testing for gold?
Check out the results: http://investorshub.advfn.com/boards/read_msg.aspx?message_id=70162646
Decent volume today. We need to close above .06 to see a major run again like what we saw over the summer
Do you think this company is a sham b/c the Shah's run it? http://www.prescottlab.com/default.htm
Well done Troylando!
At the minimum the amount of ore samples that were submitted would be nice to know.
Well, if this is all true, TWDL should be bought out by a big firm very soon.
Would be nice to know how many samples were tested and how far away the samples were from each other in order to get an idea of the amount of platinum we're looking at
GLTU
It'll be out tomorrow
How can anyone possibly stick up for Mark Leonard and feel good about themselves when they look in the mirror?
There's peeps on this board that continually claim that they're regularly in contact with ML and that they feel 'better than ever'. Really? Funny how no reasons are ever given other than that he's a nice guy.
We're *supposed* to get a PR out tomorrow correcting the stock split ratio. I really hope the dentist can get the Invitabreeze deal finalized and going forward. GLTU
What happened to people loading the boat at this pps? This stock is literally on life support after ML burnt it in his oven of dilution
Then where is the dillution? Why is a company that dillutes to nearly no-bid considered a growth company but this company with a tight float and little to no dillution considered a scam? Wouldn't the owners be doing 504 deals left and right and increasing the A/S 5 fold so they can turn around and reissue themselves the same amount of shares that they 'retired'? This question has gone unanswered for some time now...
Hey, at least there's no extreme dilution like another ex-Vui stock. Not to mention a 5x increase of the A/S just for fun...
Edit: From the website, "The Sales push will begin immediately, however most Mass Merchants are shut down for buying till a few weeks after the New Year. This Project started one year ago, with a Market study in order to verify our projections. Tytan has and will post developments as they happen."
OK, so this has been going on for a year??? Also, now nothing will happen in terms of sales until January??? Who did the market study? Is this why the China trip was so good? Did someone do the market study and needed a US retailer to sell these filters and TYTN gets a cut?
Details would be appreciated ML
Anyone know how much these filters sell for? What the profit margins are? What the expected sales are for year-end? Anyone gotten an email from ML that even mentions engine filters?
ML needs the pps to be high so he can use his stock as collateral for loans, do more 504 deals (unfortunately), and keep his daughter's preferred shares worth more than a dime. At this point it's obvious shareholders are his last concern--hence the non-voting rights on commons
Hahah I was thinking the exact same thing. At the minimum it's a 2:1 but it could be more. They'll obviously have to update it. I don't see why this is beneficial to anyone unless it's a way to make other classes of securities more or less valuable relative to those other securities...
There are several changes to these fins from what we saw on Monday. ML must have listened to my emails criticizing him for his poor excuses and horrible reasons for a good 2012 year--b/c of the election year lol. I am glad they found the paperwork for their Cowlitz Bank loan that supports their argument for the revolving credit line. Pg. 12 does need to be amended however, because both columns state 2011 when clearly one is supposed to mean 2010. I can't believe they've already paid over $300k in payroll!!! (Assuming the right column is supposed to be for 2011 and not 2010). This is a HUGE concern for me. No wonder they're in the red and have to dump shares...
ML has yet to reply to me.
His reasons for low sales were totally pathetic. I'm almost beginning to think that he spends 90% of his time planning 'business' trips to China instead of working with the customers on his lot.
Sorry but the economy was worse in 2010 than this year yet we see massive sales declines year-over-year.
I guess we have an election year to look forward to that will spur the economy???????
Edit: I'm still holding 5M shares. We'll see what happens. This company has so much potential yet it's shareholders are being decimated.
What if Mark realized the same thing that you did about the shadiness of Vui and that's why he changed to an in-house IR team? If what I say is true, then it would make sense that Mark hasn't released a reason why he made the change out of fear that they might sue him for defamation--since it hasn't been proven by the SEC, and even if he did win the suit, the cost/time wouldn't be worth it. Also, you can tell that the current in-house PR's are written differently in that there is a different writing style than there was when Vui was writing them. Have you contacted Vui to see if they're still doing work for TYTN?
This will be my last post regarding the past IR team.
You're questioning Coulson's intent to investors? He's stating that you can't make the blind see; can't make the horse drink the water, etc etc.
If people don't want risk then they can carry cash or get into CD's.
Statement like what and by whom?
If I was confident that my SEC contact was going to do something about my inquiry, then I wouldn't worry about my friends contacting the CEO to find out certain info, but rather let the SEC do all of the work
So all of this is over a measly $7,000? I know of people on these penny boards that have lost more than 4x that on one stock
Only thought about it because it's so obvious that fins should be due on the 20th and not the 25th unless something else is going on.
I kinda think these guys are smarter than that...who knows?
Anyone think of the possibility that TYTN is going to restate or update their past 12 months of financials? People have been saying that TYTN is only allowed to extend for 5 days, but there's an exception that allows for 10 if it's an annual report.
This is just my speculation, but I'm thinking that there's a possibility they need to restate things if they did some type of pseudo-merge with W&H or anyone else for that matter (like YTO).
I guess we'll know by the 25th
Fidelity is the best if you're looking for all around research and platforms--even though I use Scottrade. Fidelity lowered their fees to match Scottrade, but I don't have the time to go switch my positions over and right now in my life, it's not worth the hassle.
Do you have a link to that quote?