"..having no trust in Mark what so ever is not doing any of us good. Give the man a chance to succeed. Are multi million dollar companies built over night? No...it takes hard work...dedication....and patience. And that's what we need to provide Mark with...some dedication and patience."
How many chances does one obtain thru going public? A public company by all rights should have had the business to, at the least, a break even cash flow basis nevermind any branches of said company in place. (dealerships/JV's etc...)Prior to aproaching for public investors for capital to "build upon"... (Not keep alive)
It looks like this CEO was a bit late on creating capital worthy enough of being "praised" by "reality based" shareholders... The company was aware that the banking issues could result in a negative outcome yet waited till a final judgement was given to announce the raise in the authorized shares as well dilute the investors immediately after... The company, (CEO/Consultant/Land Owner) didnt "go public" till the banking issue was pretty much a no win situation, as it looked like it was running out of capital....
Why (in the beginning of 2011) did the CEO have to give back 700 million shares only to be sliced up into numerous 504 placements? Was it because the company thought it had a chance of beating the courts? Was it because it spent too much time fighting some dopey "internet battle" with a local competitor? Or, did it just think that "sales" would soon skyrocket with the BS idea that the economy was recovering and all would fall into place?
More and more negative news is coming out concerning the country that manufactures TYTN's products over trade and political interests, giving way for some to take an increased cautious stance on any non federal/multi national import and export relations /interior investments. Will the recent developments effect this "tiny" figment of import products as well it's investors...? (cant do that much worse than it's own financial filings..sure it can) It seems the foreign policy of America is on the verge of a drastic change/self destruction as more and more Americans are again looking for that "Built in America" tag or sticker contributing to the foundation... Will TYTN end up inside or outside of that future...?
Hmmmmm, looks like it will depend upon future dilution or reversal there of....
:)
