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Sunday, January 15, 2012 7:46:17 PM
OMGAWD................. I could care less who owns the unfinished website and or it's property/pictures..... Take another look at the subject I was getting to, the idea that a "new" website for a "new" tractor company means nadda with out some kind of financials/sales figures.... The "parent" company has no record of tractor sales nor the idea there of.... So, just because the "packaging" company owns the "tractor" companys website matters not. NUMBERS!!!! Investors need numbers!!!!!
(I can hear it now, WH is an old company with alot of money and if they back TYTN so will I..... AHAHAHAHAH..../// Where were they back in 2004???)
Im seeing alot of " worship type babble" here ... Be it a long lived AU. packaging company now owning a Chinese import tractor companys website or the worshipping of the "Chinese Govt." with YTO.... Understand, the Chinese Govt. controlls all the entities inside it's borders (YTO) so the idea it's a big deal is for naught... One should worry about those looking for tractors and their take on the Chinese import market.... These arent the days of Rhino anymore... Back then, Americana thought of China as someone who sold us cheap sheet.... Today, different story!!!!
So, wrap the last conversation together with my past posts along with the financials from the 3rd Q and it all fits.
The company went to the public for financing when the banking issues started to become serious and it has been PINKY the STINKY ever since!!!
There is alway a chance the company can pull off a win but so far it looks to be the same scenereo as most "non fully reporting" companies in this realm...
Scream for an independant audit or remain the same... Babble.
:)
"No, it will be 43 million. It HAS TO BE."
Not knowing the laws behind, but considering the preferreds are at a ratio of 400 to 1.... that leads to atleast over 43 million shares needed in the A/S or the A/S will be raised at anytime the company deems fitting. The class B shares are equivalent to 160 million upon conversion... Should the "private" investor class B or the transfer agent want to liquidate at market the company would have to raise the A/S to accomodate if 43 was the A/S
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