Replies to post #17751 on Tytan Holdings Inc (TYTN)

[Tractor2011]

What this means is that the Appealate Court agrees with the lower court's decision against TYTN CEO Mark Leonard. The lower Court found in favor of Cowlitz Bank (FDIC). The FDIC can now come after assets just like the tsunami in Japan. There is nothing to stop them. That is unless Mr. Leonard wants to declare bankruptcy. With an $800K judgement I wonder if he has any choice but to file.
On the other hand.....maybe he can liquidate his 700 mil shares of TYTN at .0005. Maybe that will pay the debt off.

[noquit]

Look further down that page.

He lost the appeal.