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  4. Tytan Holdings Inc. (TYTN) Message Board

It seem that Mark picks and chooses who he respond

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Post# of 2918
Posted On: 11/30/2012 3:10:45 PM
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Posted By: hvnsangel67
Re: USC Cowboy #2438

It seem that Mark picks and chooses who he responds to.  I have gotten a couple of responses from him but nothing as of late.


So here are a couple of questions on the financials.  Tytan Leasing.  Does anyone here really know what that is all about.  It was there, then it wasn't, now it is back.  And I ask because it is a credibility thing.


Also, sales for 3 months were $109,587.00.  With the Aussie dealer and Yellowstone selling Tytan tractors and tractors sell for approx $10k, how many tractors were sold.  How does the statement below, from the financials equate to only $109.5k - I just don't get it.


"The Company has successfully sold down on the older style tractors that it has had left in its inventory in Quarter 1, 2012 and before. Third quarter sales continued getting newly arrived implements (Mowers, Chippers, etc.) sold to dealers and consumers. This effort started the process of winning over new dealers. This went well with the arrival of newly designed implements with much greater quality and finish. There was Patent approval on two vital chipper features. It is these types of Patents that Tytan plans to build on, that separate Tytan from all the other competitors. The implements are not as high a dollar ticket as tractors, however in the sluggish 2012 economy with Tytan’s very competitive implement pricing that comes from being a direct importer, Tytan has been able to remain profitable, where most other AG companies have not. Tytan feels that its strong implement sales alone during hard economic times, will stabilize Tytan's growth plans."



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