What is TITAN Machinery really?

What is TITAN really?

A January 2008 IPO raising approx $60 million. 

January 2011 2.4 Million Shares @ $28.75 

A Spring 2011 Underwriting approx $60 million.

November 20011 500,000 @ $21.68 

A Spring 2012 $150 million Indenture.


Management (& Family) Outside Entities make all the money:

• on leasing property to TITN.

• sales commissions

• underwriting fees

• mgmt sold stock annually

• having expenses, maintenance and fees on their outside entities properties paid by TITAN.

• Brother-in-law generating millions of dollars worth of construction fees (questionable if its even needed)