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Re: sherry61 post# 66371

Tuesday, 11/01/2011 7:53:10 PM

Tuesday, November 01, 2011 7:53:10 PM

Post# of 98509
(EDIT below)"Maybe TDA will allow us......."

"Maybe" is a pink investors worst sentiment....

As long as TDA users can sell, they might be ok not opening up a new acct elsewhere. Should some new momo come to life, TDA investors will be left behind.

That said, May 30th 1.5 bil A/S - 1.45 out. June 30th 6.5 bil A/S - 1.6 bil out. Nov 1st 6.5 bil A/S - 3.25 bil out.....

That is a large amount of dilution in a small amount of time. All on the investors back.

So, what is the significance of todays filings? I didnt find any "big news" included with the filings. Well, not if you dont consider a "doubling" of outstanding shares in 5 mos "big news"....? Have yet to see any JV news, Have yet to see any DTCC issues addressed, Have yet to see any concern for the ongoing 700K FDIC/Cowlitz bank issue.


"2.5b will be used for the joint venture with yto. They are restricted. They will be converted to preferreds after the deal is closed."

So, tytn will up the amount of preferreds soon?
At a conversion of 400 to 1, times 2.5 ba ba billion.. Id run for the hills on that one... Holy mackeral....

Cmon, the company had/has limited cash and is going for the gusto off the backs of shareholders... Time will tell if there are enough cheap "Asian manufactured tractor" consumers out there to make this highly dilutive adventure pay off excluding any pinksheetstock MOMO....

2.6 mil mcap, how much in product sits on the lot? How much in previous unresolved debt? How much in speculative selling is vested? The "YUGO" had a bunch of dealerships... Once...


The amount of actual trades has slid...

Good Luck.

:)

EDIT..
"we hopefully know what the increase was for by the end of the week. it was an increase but for the right reasons will be a good thing if news is good."

No matter the spin, the raise in A/S will continue funding operations for lets say the next 1.5 to 3 years should sales continue sideways... The economy will tell the tale.