The CEO has already informed the board through a PR that the A/S is to attract new investors and accelerate their business plans.
Press Release Source: Tytan Holdings Inc. On Friday June 17, 2011, 8:30 am EDT
KALAMA, WA--(Marketwire - 06/17/11) - This week Tytan Holdings, Inc. (Pinksheets:TYTN - News) increased the authorized stock. This increase will allow Tytan to bring in new investors, which in turn will allow Tytan to accelerate their business plans.
There has been NO change in management.
IMO TYTN Biggest problem right now are there are to many people attempting to make it look like the CEO is hiding something that he is not.
We are also keep well informed on all the other issues that can be found on the website such as, the SEC will not permit the company from disclosing certain forward looking statements in order to avoid SEC violations, or insider information.
There are still many reasons to get involved with this company.