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Tractor2011

03/31/11 10:10 AM

#13297 RE: Snook #13290

How is the equity financing offer from last fall going? Is it in place?

If Tytan is going to exploit sales this spring and early summer shouldn't it already have containers in Kalama? It is already spring. How long is it going to take Tytan to get a line of credit in place, order tractors, ship tractors, assemble tractors, and finally sell them? If Tytan is going to take off as speculated, it sounds like Tytan's current inventory would be exhausted fairly quickly. Then what.

One other question. Who does Tytan have in place to floor tractors? New prospective dealers need to have flooring in order to buy. That is unless they are flush with cash. Textron Financial used to floor for Tytan. Textron in no longer in the flooring business. Who does Tytan have now?