Replies to post #60651 on Tytan Holdings Inc (TYTN)

[justamechanic]

I'm in seaside oregon right now. tomorrow I will go up I 5 from portland to everett washington. I think I will stop by Tytan And check things out And take a few pictures.
But being sunday I hope they're open.

[Atown62]

Well he has stock to print off for accounts payable, why would he have more loans?

[Suspect]

Where is the Midland bank loan in their quarterly report? I can't find it.

And what happened to this:

"Tytan International, Inc. is technically in default of that loan as of May 11, 2011, and as of the date of this Quarterly Report.

The company believes that Mr. Leonard continues to have very productive meetings with the FDIC concerning the satisfaction of the $700,000 judgment against him and the Company’s defaulted $660,000 loan with the now defunct Cowlitz County Bank."

That doesn't count as debt?