Voting - Shmoting.......
There is only 1 vote and that shareholders owns 51% of the class
"A" preferred's... Common shareholders are at the mercy of the Class A holders as well below the junior ranking class B's..
(Common share holders mean notta...)
All this online voting proxy BS looks like a huge "&^%$ up" on someones part...
The longer this takes the worse/better it looks....(good-bad depends on how one sees a R/S with their holdings) While the company may have applied to FINRA there is still no news on the SOS sites..
One good thing it has going for it is, it has product on the ground..... Might be the only reason it hasnt gone "full chill" yet.
"many of them are placed by manipulators as "bluff bids" the purpose of having such a gigantic pileup at .0001 is to scare off any prospective buyers willing to pay .0002 and take a position. Create the illusion of dire events to come and scare shares from weak hands."
While being "Pro" shorting and PUT options... WHat make anyone think that there might not be a large market for the .0001's?
In all reality, had the "majority Shareholder" not increased the O/%S by more than 2 as well raise the authorized to 400+, all this "soap opera" BS might not be happening right now... 700 million shares went into the OS from the start of this year thru 504's- where common share holders do not know the terms.. After the raise, those 700 million where then returned to the "rightful" owner.. Now to date, the "rightful" dedicated "common" owners are stuck at a point of hold or lose, hope or change, wait or be weighted......
If the Koolaid has taken effect then one should be chatting the proposal of a sudden pump on the horizon and telling people to buy buy buy.... Be it for any reason is to raise the PPS just prior the RS if it happens... Look for new names on the board and a news release to be right before or right after..
BUT.... yesterday did show alot of shares not going thru by EOD.... Hmmmmmmmmmm
Is this a case of a short squeeze....? They are rare and the buying back was most likely done with the RS news... PPS wasnt much different than it is now.. Id bet that the brokerages that still allow buying had their hands full with the T4T and unexpected volume.
Either way, Common shares will get a vote when the CEO says they get a vote and Id bet it will be clearly defined to all common shareholders...(wouldnt hold my breath myself..)
The high bid numbers may be a "run" on or for the cheapest shares available in lue of a pending, calculated, manipulated pump (just like the BS in May of 2011 that many here now are stuck holding on to) (just like there are investors that boarded before the ride, left the train and waiting/baiting/boarding for the next run) hint hint..........
If one truely believes that the economy will turn for the better and TYTN will soon show a break even or profitable quarterly/s somewhere down the road then ride the ups and downs.. The big tell will be if/when the R/S goes thru and what the A/S count is at after. Till then, atleast investors know of 2 confirmed sales... (The purchaser/s of those tractors made the best investment... There will always be an after market tractor sale to be made somewhere way above the .0001-2 pps the papershares are currently worth. = limited loss on investment..)
Demand an AUDIT!!!!!
Good Luck......
:)
AI
