Tytan Holdings Inc (TYTN)

[MC33]

Here is a little more info to add to Microcaps Posts:

http://finance.yahoo.com/news/Tytan-CEO-Visits-13-Chinese-iw-1650210390.html?x=0&.v=1

Mr. Leonard also met with Chinese Stock Market officials and is currently studying different possibilities of introducing Tytan's stock in China. Two of the largest firms he visited this trip expressed a keen interest in the stock. (Especially since Tytan's stocks had such a great week while Leonard was visiting them.) More communications on this progress will come as it happens.

From Post 43644

We cannot put final news out till its news.

The How and Why:

Cross listing of shares is when a firm lists its equity shares on one or more foreign stock exchange in addition to its domestic exchange. Examples include: American Deposit Receipt (ADR), European Depositary Receipt (EDR), International Depositary Receipt (IDR) and Global Registered Shares (GRS).


http://en.wikipedia.org/wiki/Cross_listing


A share issued and registered in multiple markets around the world. Global registered shares represent the same class of shares. Also known as a "global share".These shares are issued in the U.S. and registered in different countries, thereby making them foreign securities. They provide shareholders across the globe with equal corporate rights. Global registered shares should not be confused with American depositary receipt (ADRs) or global depositary receipts (GDRs), which are domestic securities representing a foreign (outside the U.S.) interest.
http://www.investopedia.com/terms/g/globalregisteredshare.asp#ixzz1QbKThiIf

Cross listing can lead to increased stock liquidity and a decrease in a cost of capital.

Here is an article on why global shares instead of ADRs

http://www.cfonet.com/article.cfm/3001996