Replies to post #97542 on Tytan Holdings Inc (TYTN)

[trding]

Anyway TYTN is Much Much Much More Expensive than its peer MWWC now!

MWWC has a 10B AS vs TYTN 43M

From 10Q for MWWC

NOTE 9 - CAPITAL STOCK



On April 2, 2013 (subsequent to the date of the financial statements), the Company effected a one hundred-to-one (100 to 1) reverse stock split of its issued and outstanding shares of common stock, $0.00001 par value (whereby every one hundred existing shares of the Company’s common stock will be exchanged for one new share of the Company's common stock). All references in the unaudited condensed consolidated financial statements and the notes to unaudited condensed consolidated financial statements, number of shares, and share amounts have been retroactively restated to reflect the reverse stock split. The Company has restated from 52,796,407 to 527,964 shares of common stock issued and outstanding as of September 30, 2012 to reflect the reverse split. In addition, the Company amended its Certificate of Incorporation to increase authorized shares to 10,910,000,000 consisting of 10,900,000,000 $0.00001 par value common stock and 10,000,000 shares of $0.001 preferred stock.

MWWC's last OS update happened immediately after their second reverse split within 9 months with 50 convertible notes in default. It took those 9 months to dilute 5B shares before the second split, when doubled the AS to 10B.










MWWC traded 300M in a single day without leaving the trips. Stocks that have 40M OS, do not trade 300M less than .0005. Stocks with 40M O/S do not have more that the O/S on the ask in the trips and have multiple 50M+ volume trading days in the trips.








TYTN A/S 43M



TYTN highest volume was 11M in one day, taking the price over 2c, 11M for MWWC would be a trip ask slap without the price moving at all.




I am guessing MWWC's OS is over 1B, possible more based on the recent volume/price and speed that the diluted before their last reverse split, giving over a $600k market cap vs $226k market cap for TYTN, making MWWC more expensive imo, especially given TYTN is still a profitable business.

At .0011, TYTN's market cap would be $41k and I would probably by 3.7M shares, below the 10% threshold for filing a 13G, which based on the incorrect O/S for MWWC one would need to file a 13G if they owned more than 4M shares, which I am guessing several shareholders are in violation.