TYTN "CEO Mailbag" Update
June 19, 2012
Dear Shareholders,
I have had some very disturbing Ihub postings sent to me the last few days. They have a very familiar "deceitful" tone to them. The are totally untrue statements that are aimed at hurting your stock value. Many of the Chinese factories I have dealt with for over 20 years, communicate often with me. Just as an importer in the US wants to make the right contacts in China, the Chinese factories want to verify they are dealing with successful and honorable people. We send emails to each other very often. Many of these people have stayed in my home. The statements quoted that were supposedly from YTO are not true and the wording is totally out of their character. Here is a brief excerpt from an email I received last night.
Dear Mark,
Nice to hear from you !
Thanks for your concern to my daughter, now she plans to fly to US on Sep 6th, at that time we will contact you, maybe need your help. Thankyou
About Mitch Bogden, we are very strange to this person, I also asked my colleagues, they all never heard of him. So YTO have no commuincation to this person. We will notify you if we do get any.
Thanks and best regards,
YTO
2012-06-19
As many of you know, the EPA engine approvals are what have held us up with YTO. They are in the midst of getting engines approved for the tractors we seek. Tytan has had several contacts from several places in the world, wanting dealerships. Attached is a buyer from Libya, who just visited. We have had several other such contacts that are coming from our web site and from Chinese factories.
Mark
______________________________________________________________
June 11, 2012
Below are recent Shareholder questions ;
1) I know you stated in your previous email you know "little to nothing" about the Ault deal. Can you confirm that Milton Ault is not associated in any way with Tytan.
- Milton Ault has no contact or association with Tytan Holdings, Tytan International Inc, Tytan Leasing or Mark Leonard, directly or indirectly. Nor has he at any previous time.
- Milton Ault has no shares of our stock from my previous inquiry to the TA .
2) There seems to be big concern about your preferred shares being converted. The share structure is very desirable right now, but we all see there is very little to work with if you needed to raise capital.
There has been NO Discussion or Planning of any Preferred Shares being converted !
______________________________________________________________
Source http://www.tytantractor.com/NEWScorp.html
Previous "CEO Mailbags"
> of May 31 2012
http://investorshangout.com/post/view?id=50513
> below of May 3rd and 8th 2012
http://investorshangout.com/post/view?id=38507
> of April 2012
http://investorshangout.com/post/view?id=25789
> of March 20 & February 27 2012
http://investorshangout.com/post/view?id=21048
$TYTN
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