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DTTO CUSIP suspended. FINRA deleted symbol:
http://otce.finra.org/DLDeletions
This is like watching paint dry. And blister, and crack, and peel off entirely.
Noticed that WhiteCanyon Software found money
to renew their Utah SOS registration in June...
Maybe they will get lucky and find a buyer
for the DTTO shell sooner than later...
Of course, any buyer will have to raise
the trading float to see more liquidity
in the menial trading activity...
Really just tossing you some chat to break
up the monotony...LJ
Thank you for that notification...LJ
DTTO should better rebound so I'm gonna get some!
In any case, having held the lotto ticket this long, there is no reason to sell now. Also no reason to think any change is imminent.
Its possible that DTTO may have owned
the base patent behind SecureClean in
their Intellimover product...SecureClean
is a product on WC website...
Not sure how the WipeDrive product fits
with the past acquisition dates of WhiteCanyon
by DTTO around 2008 or so time frame...
But it is possible that the DTTO shell
could be for sale and may have been for
a few years...
It seems that some may have wanted to strip
mine WhiteCanyon on the dark side and then
just sell off the shell...
Karma could have caught up with them...
They may have squandered their private
investor money for WC while trying overseas
expansion for a year or so...
And neglected their US homefront during
that time period...
Because they don't show appearances of
keeping their State registration for WC
up to date...or hadn't very recently...
And that could be a sign of a money thingy...
So if they went overboard with WC and are
underwater then anyone with a shell stake
at current levels still may not be in deep
distress if a new buyer comes along...LJ
Companies are chasing technology as much
as they are leading it now...
So maybe WhiteCanyon doesn't have time for
DTTO and the trivial public nuances...
http://www.whitecanyon.com/whitecanyon-info
http://www.whitecanyon.com/blog/
WhiteCanyon website shows many job openings...
WipeDrive can delete but the DTTO shareholders
can hold onto fond memories of what might
have been...LJ
wow looks like DTTO is starting to percolate!!
Our search engine capabilities may be stoneage
in the modern technology world...
http://www.npr.org/2013/06/10/190160772/amid-data-controversy-nsa-builds-its-biggest-data-farm
Want data, you gotta go big...LJ
I have found nothing whatsoever linking White Canyon to DTTO. I have stopped looking for anything.
DTTO .0018,have you found a local news
link or a trade news link that relates
to a topic such as DTTO or Detto Technologies
selling WhiteCanyon Software?...
Or any links about defaults of any of the
parties involved in the deal?...
http://www.whitecanyon.com/whitecanyon-info
There was trade news coverage along with
company filings when DTTO originally bot
WhiteCanyon a few years ago...
And WhiteCanyon has been busy biz wise and
has been attending trade shows over the years...
I haven't found any info related to the topic
of WhiteCanyon changing ownership?...LJ
William Glynn doesn't have Detto WipeDrive
well stocked on holiday shelves for loyal
customers to find easy...
http://www.walmart.com/ip/13996845?www=true&productRedirect=true
SecureClean was also a proprietory product
of Detto Technologies that was developed with
the Intellimover proprietory product line...
http://www.otcmarkets.com/edgar/GetFilingHtml?FilingID=3606517
SecureClean is now trying to be promoted on
the unknown WhiteCanyon website...
Since the choice to discontinue SEC filing
requirements things look muddled for past customers...
http://www.otcmarkets.com/edgar/GetFilingHtml?FilingID=7980310
The rebranding changes of previous acquisitions
just leaves loyal Detto Technologies customers
in the dark wondering who to trust...
http://www.otcmarkets.com/edgar/GetFilingHtml?FilingID=4030919
Really not much hope of a Detto Santa for
many old Detto customers but they can still
ponder what happened to their old favorite
while sipping their hot chocolate after being
left in the dark...LJ
Such a big block transaction may have taken
weeks to pre arrange...
Buyer might be speculating on WhiteCanyon
being able to renew Utah SOS registration...
https://secure.utah.gov/bes/action/details?entity=8024589-0143
Mega gamble is curious to watch...LJ
I can see why anyone would want to bail out of DTTO. What is more puzzling is why anyone would be buying the stock at this point.
DTTO .0021 bot WhiteCanyon in a 2005 deal...
And the last amendment to the deal was in
an 8-K from April, 2007...
http://www.otcmarkets.com/edgar/GetFilingHtml?FilingID=5103260
Then in June, 2011 a 15-15D filing from DTTO
noted the company's termination of reporting
requirements to the SEC...
http://www.otcmarkets.com/edgar/GetFilingHtml?FilingID=7980310
The SEC guideline is for a company to inform
shareholders of any material changes within
5 prior years of 15- filings...IMO, As I read
and interpreted those rules...
So it is my own belief on that basis that DTTO
shareholders should have owned their share
of WhiteCanyon until June, 2011...Whether it was
a small, humble portion to consider ownership
in or not...
There has been no info on transactions between
DTTO and WhiteCanyon since the June,2011
filing of the 15-15D filing...
Here are a couple of info links on employees
or former employees of WhiteCanyon and/or
Detto Technologies...
https://www.linkedin.com/in/paulkatzoff
https://www.linkedin.com/pub/b-todd-kleinert-ii/16/210/726?trk=pub-pbmap
Speculative thought lines don't always
end up being right...
But DTTO might get a wildhair and update
at some time in the future...LJ
DTTO .0021 got run over by a reindeer...
and needs Detto Santa to erase the fear...LJ
Those are not mutually exclusive :)
is DTTO starting to generate some activity or am i delusional!
I have put my DTTO shares under my pillow and maybe one day the Stock Fairy will take them and leave a little money for me.
Got about as much chance as DTTO actually doing something.
Makes you wonder about the spring booth
being productive since WhiteCanyon didn't
renew the Utah SOS reg. yet...LJ
http://www.reuters.com/article/2014/04/29/dc-fose-idUSnBw296011a+100+BSW20140429
Only mentioned WhiteCanyon because of the
previous 8-K from DTTO on that acquisition...
http://www.otcmarkets.com/edgar/GetFilingHtml?FilingID=5103260
So its more to pillow fluff than pump up...LJ
Hello has anyone heard anything on DTTO lately? It looks like the bid is building a bit....
hopefully one of these days in the near future, things will be put in motion.....
Thanks - but we are still in the dark.
Let me hook you up with some Sam.gov
info on WhiteCanyon Software...
https://www.sam.gov/portal/public/SAM/?portal:componentId=212add51-936b-498e-8cb0-44cabcbae235&portal:type=action&navigationalstate=JBPNS_rO0ABXdcACJqYXZheC5mYWNlcy5wb3J0bGV0YnJpZGdlLlNUQVRFX0lEAAAAAQApdmlldzoyMzRlMWI2NS01ZmJkLTRkZWYtODhiMi0xODAyYmE2NWIzOTgAB19fRU9GX18*&interactionstate=JBPNS_rO0ABXdGABBfanNmQnJpZGdlVmlld0lkAAAAAQAlL2pzZi9lbnRpdHlTZWFyY2gvZW50aXR5U2VhcmNoTmF2LmpzcAAHX19FT0ZfXw**#1
The t/a has given me the low float # before...
And DTTO bot WhiteCanyon in 2005 or so...
And the share count rose somewhat after that
purchase deal related to WhiteCanyon...
Now its hard to take a large restricted share
count rise along with that as a coincidence...
But unless Nate updates and says DTTO is doing
biz via WhiteCanyon we are still in dark mode...LJ
In other words...wait and see
Most of the small companies filing 15-15D
or 15G filings probably don't worry about a 3 year
period prior if they lost companies previously owned
due to financial conditions or had to sell them...
DTTO filed on 06-06-11 for 15-15D filing...
Last 8-K filing prior to that was 08-28-07...
So between 08-28-07 and 06-05-08 the company
could have lost WhiteCanyon and not had to disclose
it in 3 year window prior to 15-??? filing of 06-06-11...
Up until the 04-16-07 8-K filing the ownership
of WhiteCanyon by Detto was clear and disclosed...
http://www.otcmarkets.com/edgar/GetFilingHtml?FilingID=5103260
The 05-03-06 amendment in the 8-K is simple...
NOTE 9 - SUBSEQUENT EVENTS
Modification of Purchase Agreement with Detto Technologies, Inc.
On May 3, 2006, the Company modified its agreements previously reached in November 18, 2005. Detto reduced its total cash commitment by $500,000 and increased the total number of common stock in the shared purchase agreement by 2,000,000 shares. This removed any rights that WhiteCanyon, Inc. or ChannelAccess, Inc. and their respective former sole shareholders had to rescind the acquisition agreement. In addition, the modified agreement called for the annual base salary of the employment agreement to increase to an $70,000 annual base salary through with additional income for a 30% earn-out clause through December 31, 2007.
A public company can own other public companies
and other private companies or a combination of them...
Past public or private wouldn't matter...
What have you done for me lately does matter
to public shareholders though...LJ
EDIT...the name of an employee of both companies
and both companies still sharing similar addresses
at the time of the 15-15D filing highlights more
disclosure of an asset needed within a prior 3 year
period, IMO...
LJ - there is no violation if DTTO **NEVER HAD** White Canyon but only were separately owned (White Canyon privately, DTTO as a public company/shell) by the same owner(s).
Based on the conversation with Redlegs tonight I now believe this to be the case. It fits. It explains why DTTO does not issue PRs or financials or tweets or anything about White Canyon - they don't actually own it.
While this is not what I really had hoped to hear, it clarifies things and is better than what I expected (a buried long-running ownership feud).
I would not have built the (for me) sizable position that I have had I come to this conclusion earlier. On the other hand, there is no particular reason to bail out either, so I will continue to watch and wait with my lotto tickets here.
Maybe some day...
Me thinks the signer violated the letter of
the law on disclosure period prior
to the form 15 filing if DTTO had lost
or disposed of WhiteCanyon within a prior
3 year period...
Doesn't matter much if neither are doing
well other than accuracy though...LJ
Correct, it is what I have been saying for 3 years now. The CEO of White Canyon Signed the form 15 for Detto.
The way you phrased it implies you believe the same people own DTTO and WC directly but DTTO itself does not own WC, and that at some point you expect WC to be vended into DTTO in what effectively would be a reverse merger?
Do I have that right? Not trying to put words in your mouth. That would actually make some sense to me (though it is a somewhat tenuous reason to own DTTO a this point in time for anyone else).
I agree with everything you stated. I think it is cheaper for them to run the white canyon startup and get it profitable without filing cost. I fully believe they plan to take it public via the DTTO shell once they are ready. All IMO, and what I have stated from the beginning.
Red
Have you talked to any f these guys? If so did they publicly acknowledge that White Canyon is part of DTTO and there are no legal proceedings in dispute of that ownership?
Every time I ask that specific direct question I do not get a direct answer and sometimes I get something to the effect of "on the advce of counsel I can't answer that"
This stick would fly if they publicly and unequivocally said in a PR that White Canyon is owned by DTTO, or published financials (even unaudited) under the DTTO name showing evened and costs coming from WC, or put out anything at all titled "DTTO dba White Canyon".
The fact that they continue to refuse to do any of the above and the no comment responses suggest that there is in fact an ownership dispute, although I have not found any Available court records (my search was not exhaustive).
Let me know if there is something conclusive that suggests that DTTO publicly and currently says "we are WC and WC is us". So far an such current/recent materials are conspicuous by their ABSENCE.
Registered Principals
Name Type City Status
WHITECANYON SOFTWARE, INC. Corporation AMERICAN FORK Active
Position Name Address
Registered Agent VCORP SERVICES, LLC 1760 S 1100 EAST STE 1 Salt Lake City UT 84105
Officer WILLIAM GLYNN 947 SOUTH 500 EAST AMERICAN FORK UT 84003
Secretary WILLIAM GLYNN 947 SOUTH 500 EAST AMERICAN FORK UT 84003
Vice President NATHAN JONES 947 SOUTH 500 EAST AMERICAN FORK UT 84003
still waiting for our stock dividend! Happy New Year
Hoppy New Year to DTTO alumni...LJ
Thanks,share count looks steadier than holders...LJ
Thanks for the update
Just got off the phone with DTTO stock transfer 480-481-3940
Total Authorized Shares 400 million
Total Outstanding 158,364,103
Restricted Shares 147,886,645
Public Float 10,477,458
a million shares were bought @.0055 and no uptick doesn't make sense. This thing is super thin with that tiny float!
It's these guys Corporate Stock Transfer, Inc.
I have yet to hear anything back.
Is Holladay Stock Transfer still the t/a?...
Did they get an e-mail address to use?...
Been a spell since I talked to them...LJ
I called the TA and unfortunately the person answering the phone would only give out the data in an email...So I emailed them and will post as soon as I get a reply!
Bout 10% of the float turns over and DTTO
resembles shifting sand with no news...
Anyone is welcome to call t/a to see if
float rose today and update board...LJ
I either have bad data or someone just threw $5500 on DTTO...been dormant for months...hmmm worth watching.
Buyer of 350,000 shares at the end of
October also is quiet like DTTO...
Seems like a nut that would spend that
kind of money on a company this quiet
would be sociable about the reason...LJ
Why? They never acknowledge any connection to DTTO...
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Read some of the case studies below to see how we increased WhiteCanyon sales and traffic by nearly 20 times!
Month | Traffic |
Oct 2004 | 7,000 |
Oct 2005 | 80,475 |
Oct 2006 | 117,883 |
Oct 2007 | 124,007 |
Oct 2008 | 148,758 |
May 2009 | 177,199 |
Sebo increased website traffic by 25 times - that's a 1,900% increase in website traffic
Sebo Marketing has been helping WhiteCanyon increase online sales for over five years. With systematic optimization and applying Internet marketing principles, we have helped WhiteCanyon increase online sales by over 1900%!
Put another way, WhiteCanyon currently has more sales in two days, than it used to get in an entire month! But these increases in online sales did not happen overnight or even after a few months. Only after we applied the correct Internet marketing principles were we able to see such improvements. It required countless changes and optimization tactics to PPC, SEO, affiliate programs, keyword rankings, average order values, and much more.
White Canyon's Online Revenue Speculation based on Detto's 2005 Press Releases and Sebo Marketing's Case Study.
Through the quarter ended September 30, 2005, WhiteCanyon recorded $609,000 of revenues and $256,000 of operating income, which represents an annualized revenue increase in excess of 65% over fiscal 2004.
This data is equal to $203K in revenues per quarter for 2005 // Equally a projected $812K revenues for 2005 and Operating Income of $341K // With estimated EBIT of $471K (58%)
Sebo Marketing claims to have increased White Canyon's Sales over the 5 years (ending 2009) by over 1900% which is roughly 72% per year (on avearge).
At the rate Sebo Marketing claims to have increased White Canyon's sales, the estimates would be as follows:
2004 $ 812,000
2005 $ 1,395,828
2006 $ 2,399,428
2007 $ 4,124,617
2008 $ 7,090,217
2009 $ 12,188,083 (according to Sebo Marketing)
2010 $ 20,951,315 (projected at continued 72% sales growth)
2011 $ 36,015,311 (projected at continued 72% sales growth)
2012 $ 61,910,319 (projected at continued 72% sales growth)
2013 $ 106,423,839 (projected at continued 72% sales growth)
Share Structure
Shares Outstanding 158,364,103 a/o 04.24.12
Float Not Available
Authorized Shares 400,000,00a/o 04.24.12
Transfer Agent(s) UN-GAGGED
Holiday Stock Transfer
2939 North 67th Place
Scottsdale, AZ 85251
(480) 481-3940
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