$TYTN "CEO Mailbag" Update
May 3rd 2012
Dear Shareholders,
I just returned from China, where I inspected lots of new products that had just finished extensive testing. New & better products are what you win with. About a year ago, I had announced that we were come out with NEW 30-40 hp models that used the same basic chassis as the Benye Tractor Company had used. Benye is now a John Deere Company.
The Benye Chassis was the most popular tractor chassis in China due to its beefy, strong design. In the picture below, I am on one of the first samples that have been readied for Tytan to inspect and test. Tytan has ordered several additional improvements made to this tractor. You can see the expanded view of the front wheel assembly for this model tractor. These two model Tytan tractors will also have much better finish work than all previous models.
A Montana Dealer went on the trip with me and I thought you might enjoy seeing the pictures we took of the New Super Fast Train that goes over 200 mph. We couldnt believe how smooth the ride was. The seats were leather and would recline to flat. This is the only way to travel in China. Plug ins to charge your batteries and wi-fi were also on the train. This New Super Train is only one example of the huge Technology & Quality gains that reflect directly onto the products I handle from China.
The web site at tytantractor.com is going to a whole new concept. It has been on hold, due to several other things on the burner at present. However, if you click on the 334 button on the front page, you will see where we are going. The idea is that when the interested party gets finished viewing, he will have seen just about everything imaginable about that tractor in a very vivid way. We have already seen results from just the one partially finished 334 presentation. We will be moving on completing the entire website very soon.
Shareholder Questions:
1) Engine Filter Replacement Program . Has this gained any traction?
The Dealer response is very good. The Chain Store business will come in time. It is being worked.
2) If at all possible would we be able to see a sample of the "Dealer packets" that are going out?
We do not share dealer information or post our dealers names on the Internet. It is foolish to provide your competitors anything, in my book.
3) Can you update us on the status of Mr. Gary Lynch? Is he in fact the Tytan Distributor in Australia and if so how are things going for him there?
Gary has both a Distributorship and Dealership. He has done an excellent job and we work very closely together. I met with both his son and daughter in China during this trip. I also met with two new potential Customers from other countries that were interested in Distributorships.
4) You have mentioned that you met with Chinese Stock Market officials to study different possibilities of introducing Tytan's stock in China. Has anything grown out of this effort?
We had formulated a project with a large Chinese Company, that involved using the Chinese stock market, and Tytan would have been the beneficiary. It was unable to go forward as a result of the scare that was spread about the increased stock. Something may happen with that same company in the future. This project was going to be quite a challenge as the Chinese Market has many requirements.
Source http://www.tytantractor.com/NEWScorp.html
> Previous "CEO Mailbags" below of April
http://investorshangout.com/post/view?id=25789
> Previous "CEO Mailbags" below of March 20 & February 27 2012
http://investorshangout.com/post/view?id=21048
$TYTN
