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Re: mvp_money post# 58083

Tuesday, 09/20/2011 12:26:23 PM

Tuesday, September 20, 2011 12:26:23 PM

Post# of 98518
Well, whatever happened at the meeting may in fact need to be very carefully worded before it's announced to the shareholders and that is perhaps why we have not heard about it yet. That's as good a guess as any, I suppose. Whether that means the outcome was positive or negative, I can't say. I would bet that the Chinese asked to come here primarily for their benefit and I would say that Tytan agreed to host them in hopes of it being beneficial to do so but, the outcome may not have been a total win-win for both sides. As far as I know, the meeting was concerning the expansion of Tytan's line of tractors. So, that could be both good and bad. Good because it means more sales and profits down the road and bad because it means further start-up costs even before they have the current tractor products paying for themselves. So, I'm sure Tytan had to make some compromises and the Chinese probably did not get everything they wanted either. So, that's my best guess. Bottom line is, I don't really have a clue.