Tytan Holdings Inc (TYTN)

[CowsAndChickens]

It is a true statement this company and it's stock was a scam from it's inception. I am speaking of the time frame when CEO Mark Leonard purchased the shell, changed the name, and issued public documents riddled with fraudulent statements.

Having communication with Jerry Leslie (former Tytan CPA and whistleblower) nearly $1mil in stock was sold. I am pretty sure this information is supported by public documents issued by the company. Without looking at the now joint adversarial complaint made by both the Trustee and the FDIC I am pretty sure there is a formal accusation of over $700K being deposited and then transferred from a bank account.

I was able to track down shipping information of containers coming from China under Leonard's "secret" Nevada corporation to the new Chehalis location. I provided this information to the Trustee and FDIC who are acting on it.

Leonard has been trying to claim SW Tractor on Rush Road in Chehalis Wa has nothing to do with him. I have personally contacted the landlord of the property and was able to confirm Mark Leonard is the principle tenant. I was personally confronted by Mark Leonard on the Rush Road property.

I have had recent personal conversations with enforcement officers of the US Dept of Justice and the Washington State Department of Revenue. Both have indicated they are very interested in Leonard and are acting on the information I have provided. This all takes time. However, the "noose" is getting tighter and tighter around Leonard's neck.

As for any assets that can be liqudated for stock holders. They will need to get in line behind the creditors who come first. With the FDIC having a $1mil secured (and growing) claim that just about wipes out any hope. Then add to that the IRS and the Washington State Dept of Revenue when they finally stake their claim. Taxing authorities have priority claims. Then there is the Trustee who is now billing for his time. Keep in mind the Trustee is working on behalf of creditors and has no interest in TYTN shareholders. If shareholders want a seat at the table they would need to get representation.

Anyone suggesting shareholders might be able to benefit from the bankruptcy process is most likely doing a disservice to them.