Explore small cap ideas before they hit the headlines.
Spot liquidity moves with access to US order books.
Wrong "Titan." This is some other company based in Illinois.
I doubt he expected that the quarterly report would be delayed when he filed to go current. I bet it's as simple as that. He filed to bring TYTN current, expecting that the report would be on time and they would remain current.
Sometimes it just doesn't work that way.
Good luck.
After the A/S, we knew there would be some dilution. How much was (and still is, really) anyone's guess. What we wanted to "wait and see" was what ML would do with the increase in shares.
Now that we've seen a significant amount of shares issued, the question has become "what has ML done with the new shares?"
We'll see, won't we?
Appears to be Latin
Then it would be a good thing that he got current, wouldn't it?
We'll see, won't we?
Oh man its more than 3.2 billion sir. We had some serious large blocks going through AFTER August 15th to present.
Its AT LEAST 4 billion.
Say you can't prove that? I have EVERYTIME after the quarterly comes out
The Company has 6,500,000,000 (Six Billion Five Hundred Million) authorized common shares of which: 3,255,464,633 shares of common stock issued and outstanding as of the date hereof.
It was stated specifically under the news section of the Tytan website that there would be news mid and late week. I agree that this is merely the prelude.
I don't like the new share count, but it is only a portion of the story of Tytan. The information released today appears to be in preparation for something more. For months, people have lambasted Mark for not revealing a current share structure. For months, they screamed he was keeping us in the dark and wasn't releasing current info. Well, eat your heart's out, but don't think he did it for the whiners; he did it for some other purpose.
Today, we're current. I can't wait to see what else Mark has to tell us.
This talk about Mark selling shares to make payroll is ridiculous ... If you believe what he has said publicly. There is an awful lot of effort going into making this look as if Mark is financially destitute at this time - I think this is far from the truth.
Awesome find, army! Best post today!
LOL!
GO, TYTN, GO!
Also worthy of note: Mr. Leonard has retired and returned 700 million shares in the past 4 months. Didn't the Q1 report state 386 million, or something to that effect? If that's true, then not only has he sold 170m (roughly) new shares, but he's also returned some of his own.
I thought that was worth noting. He's trying to mitigate the dilution while 'gettin 'er done.'
Web page updated...
http://www.tytantractor.com/comparison.html
Mmmm.... nuggets...
We've received several deliveries - at least 3.
Mark spoke about it on tytantractor.com. Check out the investor and news links.
FWIW, a couple people asked what the new "directors" link will look like on the tytancorp website. I don't thnk it's going to be anything overwhelming - it will probably just be Mark and Steve:
Company Officers
Mark Leonard ... President
Steve Amdahl ... Secretary
Company Directors
Steve Amdahl
It's a public port; they don't need a written agreement for occasional use, do they? It's only recently that they've started to receive multiple, large volume shipments. Seems to me that they could have been operating on the basis of just making arrangements as they needed to before they started getting continuous, large-scale shipments. I bet they tested the waters at Kalama. Better to figure it out now so the shipments don't get backed up as shipping ramps up. More 'ducks n a row.'
Remember this?
Tytan International Inc. Is Pleased to Announce That It Worked With the Port of Kalama
MAXM seems to be bullish today. 1 share on the ask at $200,000.
Must be their last share.
Either that or something wasn't quite ready. I'd wager that TYTN didn't meet the requirements for uplisting at the time. I don't know that, and I have no idea what the requirements are. It's just a thought on the matter. Maybe the auditing firm gave their findings to Mark and he decided to put the matter aside until he was better poised to actually do it.
That's my speculation.
Someone offered an explanation of that once, but I can't remember what it was, or even who it was. I'd have a hard time finding it now.
The moral of the story was that timeline was erroneous. Mark's Tytan isn't 25 years old.
It was reported by Niko in post #47431.
You can find it in this Jan 20, 2010 article on Global Newswire. Second paragraph.
http://www.globenewswire.com/newsroom/news.html?d=182253
It's not that it isn't concerning at all. It's a "known unknown," and most of us have already evaluated the increase and decided the risk is worth the potential reward. For my part, I'm content to wait for the specific explanation from the company if and when they elect to use the new shares.
Not all plans can (should?) be disclosed. What we're failing to see is that some things, even if legally disclosable, may be better left undisclosed for now, be it for competitive reasons or otherwise. You may not feel comfortable with that. I would prefer to know all about it, too, but am still willing to wait.
The specific types of contracts have already been kicked around quite a bit on this board. There's all kinds.
In... my... opinion.
Not if Tytan has exclusive distribution rights for some of those specific designs in the US/Canada. I'm pretty sure that's the deal they currently have going on.
Do we have the Apple of Tractor companies, here?
Tytan does not confirm the source of its machinery, stating that the production factories are confidential and that several companies are used.
The information seems a little dated, but all tractor models ranging from 304 to 854 are listed here.
http://www.tractordata.com/farm-tractors/tractor-brands/tytan/tytan-tractors.html
All of those updated pics on the website are of implements and tractors that were shipped/received in July. To the best of my knowledge, we've received three separate shipments of products so far this month. That's from information posted on the [retail] website.
The deal with the port of Kalama hasn't been laid out in ink yet, but I was under the impression that Mark had at least verbal agreement as far as his use of the port. Even if I'm not quite right with that, it doesn't matter as TYTN has used the port of Tacoma in the past. Nothing is stopping Tytans from arriving on these shores and being sent to distributors. It's just less than optimal for TYTN to use the port at Tacoma.
Once all the 'ducks are in a row,' with the port at Kalama, all new Tytans will be arriving through that port.
ET's loading up the bid... 5.5mil at 22
What makes you think it will only be a dime?
Think bigger. =)
TYTN
That's misleading.
Please correct me if I'm wrong... He doesn't have losses. Didn't TYTN post a [albeit small] profit last quarter - Q1? The year ago quarter was an even larger profit, if I recall correctly. The most recent quarter - Q2 - is also expected to have been profitable.
Something's just not right here.
Can't see that state of the art factory from Kalama. Mark probably wants to showcase more than just the product, but where they come from and what makes them better than the competition.
The more knowledgable your salesforce, the better your salesforce.
Low Cost Goldmine
My guess is somewhere between Aug 1st and 15th.
I'm not gonna try to guess what the numbers (revenue and such) will be - just excited to see them!
That's how it struck me, too. These things need to be proofread prior to posting. If it was, we could use a new proofer.
Otherwise, it looks great.
Dig the posts, Max. Especially like the Satellite views of the TYTN dealerships. You rock!
Noquit, I agree that the stock has not yet delivered it's full potential (yet), but am not sure you can lay that blame at Mark's feet. I suspect he's doing exactly what he needs to do to build a foundation for momentum for the share price and get this company moving and uplisted. I understand your reservations, but it's not your grandaddy's PS stock. I don't want Mark, or other company personnel, wasting their time throwing out PRs that may not make a difference. Maybe the new IR person can do that.
Meanwhile, the TA may be able to provide additional information about the share structure. I'm content to accumulate at these levels and eagerly await the Q2 report.
Stick around - you'll like it a lot more in a few months.
meiner Meinung nach..
Take that "73" in your URL and change it to a "71". They're apparently also going to carry the Tytan 334! Replacing the number with 70 reveals nothing. 74 shows a handful of pickup trucks.
Also note that the title at the very top of the screen doesn't say "Tytan 334," but "Tytan 604." We'll probably see them carry the whole lineup.
Quite interesting.... TYTN in New Mexico already!
http://sunsetdistributing.com/id71.html
I bought in the mid 30s. I'm probably more in the red at the moment than most people have invested in TYTN; but I'm not questioning everything Mark does. I'm not throwing a tantrum waiting for a PR. He's the CEO, and I'm just a guy who chose to invest in his vision. I'm adding where I can.
Patience is key. These daily bumps won't matter. Relax and imagine what the PPS could be next July or the July after that.
If you're long on TYTN, MAXM's (and other MM's) daily moves shouldn't matter. It's not perplexing, it's irrelevant. No one should ever expect a smooth or linear climb from a growth stage company - especially a pink! Take advantage of the dips and accumulate if you're able to. If not, be patient. News will come. Once Mark is ready to get going, I think we'll be seeing a lot of news.
I'd like to see a PR before the Q2 report, and I think there's a good possibility we'll see one - probably once the next shipment of equipment arrives. We do have to bear in mind, however, that it's possible we won't see an official release that soon. That's ok, too. I'm looking a little further down the road than that.
It wasn't publicly traded.
That isn't necessarily so. We just closed out Q2. Positive results would likely lead to a big step in the "upwards" direction. If Q3 reveals continued sales growth, we'll be on a roll...
... and I can't wait.
TYTN - bring on the bacon!
If only I had more liquid, I'd have joined you. Someday...
Congrats.
TYTN