Tytan Holdings Inc (TYTN)

[Tractor2011]

I think Tytan CEO Mark Leonard did finally get his act together and has started to accurately disclose information with regard to Tytan's default on the line of credit and such. He does have a problem however. His past disclosure on revenue does not match what he is disclosing now. For those that purchased this stock based on his earlier claims and now have lost money .....they may now have a good claim. Next week I will point out the issues in detail. I will support my claims with Tytan's own published information. One of the issues the sticks out is the 2009 revenue. In this report he is reaffirming $1.5mil for 2009. In a previous quaterly report he claims $600K and change. In arbitration he claimed $600K in change supported by tax returns.

In this most recent annual report he claims 2010 was not so good. But in earlier publications he claimed he saw "significant increase in revenue" in early 2010.

Proponents of this stock will be quick to overlook this. I will not. With this latest report I have the information to now make a well documented SEC complaint. This will be forth coming.