Tytan Holdings Inc (TYTN)

[nodummy]

That is absolutely wrong. The authorized share structure was raised today to 6,500,000,000.

It doesn't take much common sense to figure out what happened.

Here is a copy of the original articles of incorporation as written and last updated on 4/01/08:



http://www.sos.state.co.us/biz/ViewImage.do?fileId=20081179380&masterFileId=19871288462

Earlier today an amendment to the articles of incorporation signed by Mark Leonard was filed that said this:



http://www.sos.state.co.us/biz/ViewImage.do?fileId=20111339921&masterFileId=19871288462

The only change compared to the previous articles of incorporation was the spelled out portion that reads six billion five hundred million. What obviously happened was they used the same template and forgot to change the 1,500,000,000 part despite changing the spelled out part to six billion five hundred million.

Though the spelled out part supersedes the numerical part anyways, having become aware of the error, Mark Leonard quickly did a new filing within a matter of hours correcting the confusion and making it very clear beyond any doubt that the new authorized share count is now 6,500,000,000.



http://www.sos.state.co.us/biz/ViewImage.do?fileId=20111340358&masterFileId=19871288462


The most recent amendment ALWAYS trumps all previous amendments.

TYTN now has 6,500,000,000 authorized common shares. There is no disputing that.

These filings have the CEO's signature on them. Anybody that tells you they talked to the company and these filings are not accurate should have their credibility questioned. If these were fraudulent filings the company could have very quickly had them removed and replaced. That did not happen. No public statement by the company on their website or in any kind of a filing.

I challenge anybody to get the CEO to put IN WRITING that the authorized share count is NOT 6,500,000,000 now. He put in writing that it is. Good luck!



It seems obvious why they waited until March 31, 2011 after the close to sign the amendment. That means they won't have to report it to the OTC until the next quarterly report. They can't hide it from the SOS filings though.

TYTN now has 6,500,000,000 authorized common shares. There is no disputing that.

That means that TYTN is very close to hitting 1,500,000,000 outstanding shares (if they haven't already), and they felt the need to add 5,000,000,000 more. The last quarterly filing and attorney letter both support this by stating that as of March 31, 2011 the outstanding share count was 1,445,911,508.

HUGE Red Flag and big warning sign for things to come.