Replies to post #94668 on Tytan Holdings Inc (TYTN)

[jojofla]

this is part of it

I was anxious to get this thing gone and started to make payoff offers, despite the fact that the economy was horrible.
I made five offers and never were given an answer or counter offer back. Months would pass and we would have to write their attorney to try and pry an answer from him. In our final effort we made an all cash offer that was exactly what we were told by him, that would be acceptable. The FDIC attorney then came back and gave us a much higher and unreachable figure after that.

Finally the FDIC tried to push ahead on a suit, that the failed Bank had filed on the eve of their being taken over by the FDIC. That suit sat for over a year with no action and was ready to be booted out of court. So they decided to put pressure on me from that angle as well. We filed an answer to that suit that brought to light, some of their bad faith & downfalls. We have not heard anymore on that since our filing.