Replies to post #50733 on Tytan Holdings Inc (TYTN)

[WorkinGreen]

Why would specific names and contracts be disclosed in a PR before all the paperwork and formalities were finalized? What if something didn't work out as planned.. and later another PR would have to be given to correct what had been previously stated. Giving actual credence to the statements being made to cause doubt about this company and its management. The info will be given when it is ready and no sooner. I am personally fine with that. Once enough time passes that I am uncomfortable with it I will sell and move on.

[MaxShockeR]

must also be BS that a FINANCING button suddenly appeared on the website to ?

1 + 1 = 3 ? LOL

Authorized Shares Increase Possible Reasons:

The first reaction of many is the hated DILUTION scare.
But the Board of Directors may have other valid reasons to increase the Authorized number:

1.To use as collateral for capital financing, lines of credit &/or loan programs
2.To reserve shares for options/warrants.
3.To raise capital for expansion.
4.To expand the product line through acquisitions.
5.To establish strategic relationships with other companies.
6.To provide equity incentives to directors, officers, employees, consultants.
7.To create an employee stock ownership plan.
8.To protect the company from hostile takeover.
9.To use as a means of establishing subsidiaries based upon patents
10.To provide as restricted's for partners in JV programs.
11.To use for Cross-Listing shares on a foreign stock exchange that can lead to increased stock liquidity and a decrease in a cost of capital.
12.The most hated is used to scam investors in diluting for no other purpose than to fill the ceo's pockets.

$TYTN