"if both are lowered = good signs"
Prior the R/S there should be some filings that atleast one investor should be able to find and post on ihub. The S.O.S of the state business is conducted in and or the state of incorporation will usually be notified and publically post of any A/S changes. Right now I have seen no changes in either the Washington or Colorado SOS public notices for tytn.
The Washington SOS only has info on tytn int. and tytn credit, so the main source would be the Colorado SOS site for equity changes. Seems at the moment the Col SOS site has a prob with tytns last filing on 6-14-2011 Articles of Inc.. (page 4 wont load.for me..) Either way, I believe that was the filing showing the raise in A/S.. One should keep their eyes open for any info outside of a PR or the board..
Now, the past couple of days have shown heavy FTD (failure to deliver) numbers.. On the day of 38m traded only 5+mil were shown to have been delivered. On the 3 million day all the traded shares failed. Today- a no show.. tytn doesnt show up. Is this shorting/"airshares" or more probs with clearance concerning the T4T or worse?
Some investors need to understand they have no say in the company actions short of a full sell off/retreat. The CEO and family has "ownership".. In case of dissolution or worse they will be paid first = to 400 shares of common or 30 bux a share for preferreds... This means the common investors holding after any catostrophic event or ending of the company will prob receive nothing for their dedication/investment or for the renting/leasing
of their hard earned cash.
The idea of the company lowering the A/S to 21.6 million post R/S seems like a move (if done) to entice shareholder sentiment vs being a reality based move. Only the "owners" know of any good or bad news to come in the future but taking the A/S to such low numbers could limit if not reduce the Capitalization of the company should the PPS start to go lower. A safer number would be taking the A/S back to where it started. 1.5 B.. If the company is on the verge of profit then maybe even 500m A/S.
21 million authorized is almost nuckin futty to believe in and should be questioned after dropping the dixie cup half full of koolaid.
On the good side, there are some companies that dont even warn of a coming r/s where investors had to keep their eyes on the companys state filings to know what is going on, so all is not the lower scratches in the bottom of the barrel, but for a company that has product and wants to be an "international playa" they better get their I's dotted and T's crossed.
"If not then I'm just out some beer money that I haven't spent in years anyway. TYTN is the most education and entertaining stock ever! No wonder it is still my favorite!"
While some only have "flat beer money" in the company there are still some that have been suked into the last pump and are not as easy to take the loss.. or price of that education... Most education comes with a loss or 2+ on the pinksheets but who really needs to continously read about a "beermoney" priced investment or the defense there of ... Really, these comments could sway some to think If the "beermoney" is still in I should stay too, cool cars... whoa follow that one..." Cmon.... Just because some investors may not be worried about losing in tytn, I believe that some are... (hmmm, wonder if those dixie cups were full of koolaid?)
:)
AI
