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Let me get this straight.
The proposal is to effectively crowdfund a cash injection of a quarter milly and then sink this into this bottomless pit of snaffled monies (largely achieved through $M's payments to sub-contractors for undisclosed "services" funded by colossal share dilution which are all now ostensibly sunk costs), presumably to try and get the fins published. That accomplished, they can apply to be admitted back onto the stinky pinkies in the hope of a spike in the sp (at this point they'll need to graft on the old MT to generate more fluff) so that they can then dump their shares onto some other unsuspecting marks who haven't cottoned on to what's afoot here. Aside from their motives being morally reprehensible, why would they ever want to do this? Yes, they can pretend to form a consortium and agree to some financial instrument (note or PP perhaps) that makes them feel all warm and fuzzy like they're getting a preferential deal out with the shares (bags) they currently hold. But they're still buying more snake oil.
I think the time to worry would be if TH were to accept such a proposal, because if he cannot come up with the bunce to pay and get the business (a term used reservedly to describe this gone case) current, why in the name of all that's Holly (see what I did there?), would the bag holders reach for yet more cash. Are they seriously thinking they can buy their way out of this mess by absorbing key operating expenses to their own accounts?
What this looks like is a cute move by a newbie that has double scam written all over it. Probably the return of the scamster Awesome.
See sense folks. Sit, wait, pontificate, chat, console each other, lick wounds, and finally accept. But don't sink another penny into this disaster, it's classic good money after bad and someone stands to gain at your expense, yet again.
"If anyone needs to be called out it is you for making false inacurate statements of which as yet !! you can't prove."
Which is it, false or inaccurate? It cannot be both. Let's be honest shall we, it's you who's being deliberately inaccurate that it's false. Clearly, I hit a raw nerve.
In any event, you cannot prove you made the call any more than I can prove you didn't. I just don't believe you ever did based on the fact that you've shown yourself to be prone to embellishing the facts.
What IS proven however (from your last statement) is just how childish you are, which to me is yet more evidence that you're just a troublemaker looking for an agenda to latch onto. If you had something constructive to do here, then you'd contact the powers that be (as I and a few others have already) instead of making up tall stories about conversations you claim to have had with company employees (at a different company to TTCM incidentally, so that was about as useful as an ashtray on a motorbike). You're an attention seeker and certainly judging by your diatribe, an intellectually challenged one.
Alas, for you, you'll be getting no more attention from me. I'm too old to school petulant children in the finer points of expressing oneself without sounding like a high school dropout. Done.
007
https://tinyurl.com/9r5skvpa
With b******t detector on full alert, I'm calling it on you. I think your last sentence is the best idea for all concerned (or to put it another way, I don't believe you ever made such a call but even so, I was trying to allow you to save face, if not ego).
Neither of us is currently a shareholder in this disaster, so really I don't think this is productive at all. The SEC is aware of the situation but appears to have no teeth at all. To that end, further discussion on here is pointless and certainly won't bring the culprits of this scam to book, nor help those who are still stuck.
I'll not be wasting any more time here. There are other ways to chase down these menaces.
All the best.
Hmm. I find your concerns about being prosecuted for recording the conversation hard to digest. Tell me, what's the difference between you recording it and your having kept a record of the contents of the call, the one that you're reciting here:
"There is nothing planned at the moments But it may be brought back in the very near future, Howeve things are changing all the time and with the world in turmoil Red Alert is concentrating on more important requirements. When an if Tautachrome is re-launched a press release will be issued.
Thank you for calling, please do not call again !!"
Although your pseudo transcript would be viewed as anecdotal (as opposed to a word-for-word rendering of a two-person conversation), if recording the call without the other party's knowledge renders you liable to prosecution, doesn't publishing the contents here also expose you to the risk of libel, if they decide to refute that any call ever took place, or that you made up anything you've stated was said?
In any event, it seems like it was a very short call and if the other party (job role unmentioned, again a pity as it could have been the janitor for all we know, or indeed, for all you know, i.e. you should know exactly who you spoke to name/job role/position) did utter the words "please do not call again", they are devoid of a few brain cells to rub together. That's because politely telling you to go forth and multiply, doesn't prevent a deluge of further calls from persons other than yourself and if I were still a shareholder, I'd make sure we flood their line now with calls asking the same questions. Better still, get a local reporter on the job. They're always looking for something to grub around in lol.
Conclusion, let's be real, a bona fide company would never say to a concerned shareholder calling to enquire where their investment is headed "please do not call again". That's something we say to spam callers who've gotten our number from the internet. Ballsey though it was to call them, I think had it been me, I'd have recorded it and then told them at the end that I had made such a recording and that I'd be sending them a copy. Were they to complain about this, I'd offer to delete the recording (having taken a full and accurate transcript). <----- (hint to anyone thinking of replicating your initiative)
The rest of your conclusions I agree with, hence my undertone of sarcasm re the Financial Wiz Kid that prepared the fins (not) and the fact that non-disclosing promotion and fluff 8K's have been the lifeblood of the insiders that made money trading the spikes on this con job.
Well, how very industrious of you Killmaster. Good job.
Now, I do hope you were smart enough to record the conversation so that you can produce a full and accurate transcript, which can be used as evidence that this conversation took place (else I suspect they will deny it ever did).
I say this because given the content of the more recent 8K's (which can be found here amongst other places: https://fintel.io/sfs/us/ttcm), there are filings that appear to show:
a) That billions of dollars in assets were added to the balance sheet of TTCM. This caused the share price to spike. Given your telecon, how can this be real? Were they simply pumps upon pumps?
b) The person responsible for maintaining financial records was fired. Now I wonder why that might be. Where is their replacement?
c) A verbatim admission that the company was previously engaged in ILLEGAL stock promotion activity through a paid non-disclosing promotor where both participants in that clandestine and as mentioned, illegal undertaking, are known to the SEC (if not, they only need to ask me I have all the evidence in Telegram transcripts with the said non-disclosing promoter)
Aide-memoire:
“Termination of Consultants.
An accounting consultant, who maintained the company’s financial records and prepared them for quarterly reports and annual audits, was terminated. There were no disagreements about the company’s financial position and the company considered his work to be professionally sufficient. Though the company had been his client for many years, based on his desired price changes, he could not reach an engagement agreement with the company’s new management.
The engagement of a consultant who posted about the company on social media platforms was ended. His postings failed to disclose that he was paid by the company. This practice is incompatible with the enforced transparency policies of the company going forward.”
Now, given the level of legal knowledge possessed by certain members of the TTCMlongs group, (where I’d suggest at least one member’s accreditation, doesn’t get any higher!), one wonders why the remaining shareholders are not simply launching a class action lawsuit right away. Is it the cost of such action?
I do hope they proceed to seek recourse in law now, instead of continuing with the unedifying repetition of the same old factual information, the so to speak “where they are now”, replete with the undignified spectacle of daily lamenting what might have been, instead of waking up to the realities of what actually is.
TTCM shareholders, you were stiffed. Litigate.
As if ARknet were ever going to be able to compete with these guys:
https://www.instagram.com/reel/CyBhNGQr5Lw/?igshid=MTc4MmM1YmI2Ng%3D%3D
All those ARknet patent applications and yet, other than the highly redundant KlickZie, not a single application for ARknet was ever approved. Could it be that some Zucker(berg) had already obtained patents? lol
On the subject of the wretched KlickZie, the acquisition of which seems to be the given wisdom's view on why Holly took on TTCM (it certainly wasn't for ARknet anyway), where do they think this aged and un-supported (in that there is supposed to be huge cloud resources behind it, yeah right) tech actually features in the real world of today and going forward?
https://www.technologyreview.com/2023/08/29/1078620/google-deepmind-has-launched-a-watermarking-tool-for-ai-generated-images/ (looks like a topnotch offering and merely the most recent one of many)
https://www.hindawi.com/journals/am/2023/6945340/ (no mention of KlickZie here at all)
https://fixthephoto.com/best-watermark-apps.html (Apps)
Actually, there are so many and then there are tools available to remove watermarks.
In the same way, anyone can see (anyone not blinded by false hope that is) that the Regal collection of images (valued at $3bn (hahaha rotfl) even though many are freely available and others have almost identical options from other vendors at minimal cost), will also turn out to be a false dawn and a nonsense unsaleable product offering (as was ARknet so they're certainly in the right shell with TTCM).
https://www.stockphotosecrets.com/buyers-guide/top-5-premium-stock-photos-agencies.html
Where do these people get off dreaming they are able to compete on any level with such companies?
Sad to see a discussion group where seemingly intelligent people act with such naivety. Do they really think their idol lost money on this like they have? Yes, insiders may be holding millions of worthless shares like the stalwart TTCM followers, but they long since made a pile of money dumping into the hype at 3 cents, so holding 50MM shares with a position value currently at $5,000 matters not a jot and cannot in any way be compared with the group members worthless holdings.
ARknet is dead, KlickZie is superseded by better offerings that cater to AI and are future-proof and the Regal photo archive is commercially non-viable and effectively a 'me-too' offering. So, where exactly is the intrinsic value in TTCM/ARtelligence?
I guess they're unable to accept their losses and the fact that their revered leader hired at least one non-disclosing promoter to pump the stock so insiders could make a killing. Either that or they're waiting around for the filings to become current (and as a debt-ridden basket case this scenario is unlikely anyway) so that they can follow suit and dump their holdings on any other unsuspecting mug punters should this fiasco ever take flight again (such duplicitous motives make one wonder about the future of human race).
Yes my point is this. The developer will have been well aware that other offerings of equal or superior value (to the end user) were available or about to execute their go-to-market strategies, yet they still continued to flog this dead horse. Why might that be I wonder? Could it be because it was a lucrative revenue stream (read gravy train) and easy money for relatively little effort and thus, this wasteful and fruitless development continued for a considerable period of time longer than it should have? They got away with nipping and tucking a piece of shareware (with successive new, but worthless in terms of the CVP) upgrades for years and at a huge financial cost to the company.
Those monies would have been better spent by onboarding a quality business development team (rather than trying to utilize other shareholders lacking in any experience of how to bring this tech to market. (not their fault but I categorically know this to be true)) who could have built sustainable revenues selling and licensing the tech and then the company might have continued development activity funded via income generated, rather than borrowing and raiding sh value through dilution.
From a business model, pov ARknet was dead and buried without its memorial Ark at least 2 years ago. I'd say the developer knew this (very smart team). They knew their employer couldn't make money from their business model, given the skillsets available in the company, but still they kept on taking more cash to develop a whimsical solution to a problem that didn't exist (and still doesn't). It's a "nice to have" not a "need to have" and selling that type of solution requires people experienced in creating needs and wants from scratch, not latching on to established ones. As Jobs once said:
"People don't know what they want until you show it to them. Our task is to read things that are not yet on the page".
Arknet was never marketed properly (and I speak as someone with more than 35 years in the game, building business across more than 80 countries). Far too much focus was put on making a ridiculously elaborate App, that ultimately didn't even work properly. Anyway, Arknet is now DArknet, and any possibility of a first mover advantage, or indeed asset stripping what's left of it to sell off bits and mitigate costs is unrealistic, given there's an abundance of similar (and in many cases better) solutions available in the mainstream now.
As for the link, super tech isn't it? An example of what I'm referring to above and I'm willing to bet they'll make a decent fist of monetizing it too!
This, knocks whatever ARknet was trying to do into a cocked hat.
https://www.linkedin.com/posts/vishalgotvr_ios-17s-object-capture-feature-maxime-ugcPost-7106197067617701888-y5jX
So, they achieved nothing by wasting millions of dollars of shareholders' cash outsourcing the development of ARknet to an expensive local company (ostensibly without recourse to competitive open tendering procedures), when the end product could have been achieved at a fraction of the cost using excellent talented developers in India.
As mentioned many times, there are those who made a fortune out of this game and then there are the bagholders left bleating on in their little clubs, who still don't get that they're the ones who paid to line the pockets of their "friends" and "trustworthy" leaders.
SMH
If they were to do the most cursory of due diligence on the new coach of the TTCM cheerleaders’ group, they'd see he's the holder of a degree in business and finance which he acquired after 2 years of study (online) and from a 3rd rate Uni ranked somewhere in the middle of the 2,500 institutions offering such degrees in the US. He's a serial Godaddy website creator (I counted 4 which are all expiring in a few months, but likely there are many more). The fact that he has passable abilities in written English (after he has his grammar checked according to him) is probably enough for the masses to adopt him as the new saviour of sanity. Desperation is palpable now though and although I once felt sorry for some of them, there's such utterly obsequious brown-nosing going on in relation to this guy now, I believe they thoroughly deserve what's about to happen next.
Because, though on the plus side, Holly's background is solid and as a top-drawer business leader and experienced c-suit level negotiator he checks out imho, the fact of it is, he owes them the square root of f-all. He's already upping the AS to ridiculous levels in the sure and certain resurrection of the company through a RS. Newsflash, a RS will kill all existing shareholders' position values. Where it's being said that those with more shares stand to benefit more, that's simply not true. Once the RS occurs (whatever the ratio and it will be high 50:1 at least though I'd wager 100:1 as a minimum), the resulting SP will head south at a rate of knots. I've been at this game 9 years now and have yet to see a RS end well for the commoners. you only need to look at recent examples (Mullen and AMC perhaps, but there are so many), to see that post a RS the share price always craters. This is why they overegg the ratio to allow for the post-RS drop in sp. Usually, these things are done for compliance reasons so if they need to reach NASDAQ compliance for example (one buck), an RS in the region of ending at 2-3 dollars would be enacted, in order to allow wriggle room for the bear raid and/or selling en masse by insiders and existing SH's that always follows. They've also mentioned attracting tute and whale investors. Ridiculous. They don't look at companies like this unless the sp is in the dollar range. For that to happen, they'd need an RS ratio in the tens of thousands!
So, as they wait like puppies rolling around on their backs hoping Holly will tickle their bellies, he's more likely to dump them all in a sack and throw them in the river. After all, he had no scruples whatsoever when it came to throwing the two conniving illegal promoters under the bus. Why do they think he'll spare them? Buying and selling shares is a risk. They took that risk. They've lost. They just cannot accept it yet.
No need for luck. I cut my losses on this disaster many moons ago. Anyway, I don't mind losing money on an investment, and luck bad or good should never come into it. What I do mind is being deceived and there are remedies in law for that. Trust that helps you.
Oh and I see that Woo tried to gaslight me in their little club by stating he knows so much because he can read (adding a childish little duh as if to imply that it's so obvious I must be a fool for not realizing it). Well Chuck, if you'd had the guts to reply here instead of just reading and then posting cowardly rebuttals in your club, perhaps you'd have replied to the main point I actually wrote which was:
"How does this Chuck Woo individual even know what's going to be in the next K..."
This is in response to your statement:
"The upcoming K will explain more".
The use of the modal auxiliary verb "will" is especially relevant. Perhaps you meant to say "might", or "could" instead of "will". Or perhaps you meant to put erm "Perhaps" at the beginning of the sentence. In any case, you didn't and that implied that you knew (future tense) what was contained in the next K rather than you were speculating what might be.
Anyway, enjoy TTCM, as many others have before you.
Heads up, watching.
I like this statement:
"The upcoming K will explain more".
How does this Chuck Woo individual even know what's going to be in the next K unless he's an employee (I guess so)?
If so, is he a shareholder too? If he does have shares in TTCM, why would he be privy to what information will or will not be in the next SEC Filing? In fact, I've read all of his posts since dot and he does seem to be in the know about a great deal of (what could be classified as) "insider" information, or at least information that could be classified as not being in the public domain. How can a shareholder in the company have privy to such details?
BTW, speculating about the next steps the company will take (e.g. RM), does not in and of itself make someone a "Basher" so quite the generalization there.
I'm starting to wonder if being a dubious character of average intellect and questionable moral integrity is qualificatory for a position at this company, whether employed by, or speaking on behalf of.
Anyway, reading his ramblings today leads me to think a pump is on the way imminently, so if you are able to buy shares at this level, and want to benefit from the spike before the dump (in my case I never will again, as I hold this type of business in such contempt) now might be the time. Chuck's pumping away nicely extraneous to ihub and seemingly having his posts sent here by members of their little club.
Another approach to non-disclosing paid promoters. Do it by proxy!
https://tinyurl.com/bdf7psnj
https://tinyurl.com/mrydh63y
Agree likely next step.
Of course, I know all about Stan the Tradingman's record, but that wasn't the point of the post (a point that you seem to have missed).
For the record PatB1, I'm not here supporting all you perma bashers. I want to get to the truth and hold those miscreants that have gained from this dilution machine to account.
So, I'd prefer you not reply to my posts, as I don't find anything you write here of any intellectual merit. All you ever seem to do is post unsupported vacuous bile, that's intent seems only to be bashing for bashing's sake. I am clear in my thinking on this "company" and have well-founded and reasoned arguments all supported by substantive evidence, which I happen to think I articulate rather well.
The same cannot be said of most of the ne'er-do-wells and malcontents on ihub who simply spout their daily dose of detritus to sate their addiction to anonymous trolling.
Which to summarise means exactly this.
At least one person inside Tautachrome was responsible for "the engagement of a consultant" knowing full well they were being paid and at least one person was engaged to perform promotional services without disclosing they were being paid or otherwise receiving pecuniary compensation for the same.
Oh and the gender of the consultant is male "His postings".
To my knowledge, there were no women in any positions of authority at TTCM at the time of this activity.
Therefore the 8K states quite categorically, that two persons (male) acting in concert, conspired knowingly to engage in activities that were in contravention of SEC rules. one inside the company and one external to it.
Can anyone tell me how this inference cannot be asserted from the statement made in that 8K (and put indelibly into the records of SEC filings for this company)?
Sticking to matters relating to THE COMPANY and THEIR admission in an 8K filing to the SEC that the company had formerly hired a paid non-disclosing promoter (a matter of record by the way and one which relates directly to this company even though they do not mention the guilty party), therein putting into black and white a written record of the fact that TTCM appear to have been engaging in unlawful activity contrary Section 17(b) of the securities act as follows:
"Also known as the anti-touting provision, makes it unlawful for any person to:
publish, give publicity to, or circulate any notice, circular, advertisement, newspaper, article, letter, investment service, or communication which, though not purporting to offer a security for sale, describes such security for a consideration received or to be received, directly or indirectly, from an issuer, underwriter, or dealer, without fully disclosing the receipt, whether past or prospective, of such consideration and the amount thereof."
It's very simple. The matter is in the hands of the SEC and they can decide on the next action. In previous cases, company representatives have been subpoenaed to testify and reveal the identity of any paid promoters and/or other unlawful practices that may have been engaged in by former incumbents be they company directors or other employees, and I would hope and expect the same to be the case here.
Whilst on the subject of the COMPANY, I happened across my copy of the interview DLM gave to another "Trader" that went under the name, "Stan the Trading Man" in July 2020 (anyone remember that?). Prior to this interview taking place, there was much hype about how important it was, given the huge following that the interviewer had on social media. This interview was in the public domain (though I'm unsure if the recording still is (believe it was administered through Twitter or Zoom or some such platform) and In this interview, DLM (The COO of a Listed Company at the time) freely stated that he was in fact, a Trader, and I quote verbatim:
"So actually, I've been trading for about twenty years now. I still trade, but I, I enjoy trading by myself. I trade anonymously, but I do like a lot of Nasdaq, small caps....." "I do very well though".
The fact that this interview was public and both participants freely gave all personal information such as their names and current roles, I would submit means that I am not in breach of any of this platform's rules by herewith reminding folks about it.
In any event, I'm sure DLM will be able to prove that such trading never at any time involved the buying and selling of shares in TTCM at a time that coincided with any news events or spike in the share price, either directly, or through proxies. Because if I'm not mistaken, wouldn't to have done so have constituted insider trading?
Perhaps the experts here can enlighten me.
Been saying this all along. Nice to see you catching up at last. Of course that's what this is about. Folding private assets into a shell company so they can monetize them by selling shares because no one else wants to buy those assets in the private sector. This is absolutely obvious friend.
A couple of amends to your post if I may.
I believe you mean the disappointment will be palpable. I rather doubt it will be palatable.
As for the phones, don't forget, they were meant to have been made in the good old US of A not China. It was a non-starter from the get-go and any fool could have seen that COP's US v Asia on a pure labor cost basis, made it wholly cost preclusive to do so. Were it possible, big guns like Apple would have snaffled all the prime site locations (and local benefits accruing to them) long ago.
In other words, those that did even a cursory level of Due on this stock would have seen all of the current issues coming a mile away. But groupthink is a powerful thing, as is peer pressure and the willingness to delude oneself when people spout unjustifiable positivity, that a dream outcome is within reach. Such false positivity is as dangerous as out-and-out pumping in my view and it's still being preached to the stalwart holders of shares in this shell company. Those that know least about the market, stock trading, company law, and business generally seem to be the ones putting the most positive spin on this. It's excruciating to read.
Nice Q and A session. I entirely agree.
Once again, you've nailed it.
So, the questions those circa 200 die-hard fans of TTCM should be asking themselves are perhaps these:
1) Am I a fan of LaMountain and/or the little club that's sprung up around the now defunct, dead-and-gone ARknet never was nor will be a revenue-generating platform, or am I a sophisticated investor?
2) If I am a sophisticated investor and I were presented with the opportunity to invest in the completely and entirely new company ARtelligence (read Red Alert Group, which is clearly a private enterprise recently folded into a publicly listed company that goes under the shell company ticker symbol TTCM), would I invest?
3) In considering whether I would invest, I'd be asking why would I invest in this new company, that has consummately failed to monetise its assets or derive any meaningful revenue streams therefrom whilst in the private sector and has now resorted to licensing (not adding any physical or intangible asset to the balance sheet mind you, but instead giving rights to the benefits that might accrue to the company from as yet un-forecasted revenue streams (haha)) their giant photo album to a worthless (nay, debt-ridden) shell company, ostensibly, simply because they have now become part of a company I hold shares in.
The simple fact is this, all those people that didn't see the demise of ARknet approaching like a ten-tonne runaway truck and offload accordingly, have only themselves to blame. So instead of playing hopium in their little clubs every day, they should accept it and move on. They won't because some of them at least, still hold shares in a worthless company and are either, trying to kid all the others that one day, they'll be able to sell them for huge profits (i.e. conning their fellow group members by continuing to pump this), or they truly are delusional and don't want to believe what just happened to them.
The anonymous trader and presumably paymaster general of non-disclosing paid promoter(s) may cry wolf that he's suffered in all of this and maybe he has. But not financially.
An interesting observation was made recently that DLM had met TH through a chance encounter and how fortuitous this was for the sh's. But let's be clear, DLM had no clue what to do next to continue the ruse, and other than turning the lights off, there was no clear strategy for the company going forward. So, having exhausted every possibility to raise further toxic finance and pay Honeycomb their huge fees for developing er, a ten-a-penny phone app, DLM happened by chance to meet this new character TH, who saw TTCM as a huge opportunity. Opportunity for what I wonder. None of this rings true.
It's over. The ARknet Addicts are waiting in hope (and I would guess in vain) for an opportunity to dump what's left of their holdings. But with a 25bn (yes that's twenty-five billion) AS count they are going to need to be quick.
Still, my propensity to feel sympathy for people still holding bags in this company has quickly waned after being availed of some of the things now being said. They really do need to wake up and stop listening to certain, individuals pedalling nonsense about the future prospects for this life-extinct entity.
https://www.sec.gov/oiea/investor-alerts-bulletins/fraudulent-stock-promotions
"The engagement of a consultant who posted about the company on social media platforms was ended. His postings failed to disclose that he was paid by the company. This practice is incompatible with the enforced transparency policies of the company going forward."
https://www.otcmarkets.com/filing/html?id=16819012&guid=yUN-keKroLImB3h
Not only is it incompatible with the new transparency policies, it is against the law and the promoter and whoever hired them should be reported and prosecuted.
https://www.sec.gov/tcr
Re.
"The engagement of a consultant who posted about the company on social media platforms was ended. His postings failed to disclose that he was paid by the company. This practice is incompatible with the enforced transparency policies of the company going forward."
One is still left wondering why, having issued this statement to the SEC in their 8K of 07/28/23, the company failed to disclose the name of the hired "consultant" they employed as their social media posting promoter, receiving monetary compensation from the business (i.e. Shareholder funds), for his services.
If they wanted to protect him from the possibility of a knock on the door from the Feds, surely they could have given his name and business contact, rather than leaving it that "his postings failed to disclose" (thus defacto admitting he was an undisclosed poster/promoter paid by the company). TTCM's ex-management owes it to him to protect him and imv, they failed to do so by not naming him, whilst in the process, could well have implicated other innocent parties.
So, let's at least give the guy a chance to defend himself, after all, what's to hide?
Let me help him out because, as a "consultant" Vance Tallman (last of Panama) will no doubt have a business entity with records of any and every company he's dealt with in the past, including TTCM, together with an Objects Clause (or equivalent) detailing his business activities and will be able to provide his statements of accounts and his tax filings. Production of those documents will allow him to defend the company's accusations against him for failing to disclose in his postings that the company was paying him to write the posts.
Hope my suggestions are helpful.
You've been here two minutes and done zero due diligence. I hope against hope there's a way for you to throw $$$$$ at this. People like you deserve to be taken and are welcome to people like them. The last response you get from me. I won't be dragged down to your single-brain cell level of thinking.
Yes, but none of the other companies are foolish enough to admit it in the most official and legally damning way possible.
Ignore this paid pumper. It just started posting here in April and has, in that time, posted garbage well over 200 times. Of its' 1,100 posts, 230 of them are about this scam company and posted in the last 2 months. It is another con merchant, probably from the T group that 250 of the die-hards still delude themselves daily by subscribing to.
This fool just posts here to annoy. Better hit ignore, but before you do, just read its' profile and the boards it has posted on. The majority of those posts were pro-front-running pump and dump schemes.
Few people here actually do care about people not getting caught out in fraud. They're finally coming to the surface now.
Never let it be said, I don't try to help:
https://tinyurl.com/244jfxwr
I'd agree. It's already all been said. Crumby phone app, developed using freely available technology at 100 times or more the cost of other service providers (I can support that inference). Lots of big ideas, to stimulate investor's interest, but no one capable of bringing anything to market as none were monetisable. So, ride the gravy train, generate as much hype as possible in a couple of 1,000+ member T groups, and pump the price to 3 cents, at which point dump tens of millions of shares (and continue the rinse and repeat cycle, spike and dump using regular fluff announcements, until insiders financial goals are met). There are several ways money was made here, none of them to the benefit of genuine investors. Lots of day traders and pumpers made money though, so what's not to like?
Nonetheless, for my money, we haven't seen the last of TTCM and ARtelligence will pop up somewhere at some point. They've studied the MO now and know how to extract money ATM-style from a practically worthless offering.
Hope some learned lessons here.
To your 2nd point "What I don't get...". Allow me to help you. It is highly likely that the reason they never filed the latest 10Q is because to do so, would require them to account for this guy's:
https://www.sec.gov/ix?doc=/Archives/edgar/data/0001389067/000147793223004045/ttcm_8k.htm
claimed $3.1 in assets:
"The fair economic value determined for the above-described Exclusive Capital Lease of the PXR Tactical Platform and the PXR Strategic Platform together with the recently announced royalty-free El Dorado grant of an Exclusive Use-license appraised at more than $514.4 million have increased the Company's shareholders' equity to over $3.1 billion, for an approximate per share book value of $0.35. Should the intended reverse stock split occur, the per share book value should be approximately $17.50."
https://www.marketwatch.com/investing/stock/ttcm/financials/secfilings?docid=16541571
These were (apparently) merely licensed to the TTCM by Holly et al, but as you can see, they were supposed to inflate the value of the company to $17.50 ps post a RS. The thing is, not even the double-digit IQ promoters on here bought into that scenario, hence their lack of intelligent rebuttals to arguments that highlighted what a sham this whole exercise was.
Holly and his cronies (aka the management team) probably have those fins ready to post as we speak (unaudited), but fear doing so because once they have formerly filed with the SEC, such disclosures made that a bone fide Auditor finds to have been misrepresentations, become fraudulent. QED, they expose themselves to having committed fraud and that's jail time.
In short, they can't reconcile the 8K (16541571) claiming this massively overvalued asset was apparently generously folded into a loss-making enterprise, without it featuring on the 10Q, and if they do post fins reflecting that, there's unlikely to be any auditor in the country that will sign off on the accounts.
Hence no filing of the latest 10Q.
Now, just to finish off, if you ask me, they may well have planned on getting this shell sham company to a place where no filings are required (Expert/Grey Markets for example?) in order for them to continue with their plan to execute this:
https://www.sec.gov/ix?doc=/Archives/edgar/data/1389067/000147793223002311/ttcm_8k.htm
But I could be wrong. This is after all a highly credible company with personnel who are of the highest caliber and beyond reproach. They'd never engage in such skulduggery, now would they?
Have no fear, you'll be able to buy into this value trap again very soon, either through the name changed TTCM to Artelligence, or another shell they parasitically latch onto. Be sure they'll find a way to extract money from their worthless family photo collection.
There are a few people I feel quite a bit sorry for regarding this (what has turned out to be), long con ala "The Sting" style. I wonder what sort of sociopaths get off on robbing old folks and war veterans. I do hope karma catches up with them. In my experience, it almost always does. Imagine putting food in your kid's mouth which is paid for by thieving money from trusting marks who you've spent years lining up for the kill. I do hope they didn't get taken too badly. Looking through the boards, it's obvious a crew has been working on this for quite some time.
I wonder if GVSI will be the new TTCM!
Good riddance to one gravy train today and for those that may not have read my previous posts:
https://www.sec.gov/whistleblower
I tend to agree with a lot of what you say, however, I do wonder what the point of this exercise is:
"I can't help be think the three Georgians planned what has happened and the possibility of taking the company private is a realistic proposition, Which would cancel all shares and debt and they could then go public again within a couple of years. Although Red Alert Group are still private so your guess is as good as mine... The only winners will be the board and past board who must have known what was in the works all along.."
Why even bother ((unless you're saying that because their plan to use TTCM as the vehicle to pump the SP (based on fictitious asset valuations) and then sell shares was thwarted, that's the reason to find another otherwise useless "investment" vehicle to push this strategy through))? Surely now, they just let the license arrangement (tee hee hee) with TTCM lapse (or indeed, if non-exclusive, continue in perpetuity and die with this dead duck) and then license their huge $3bn asset to another shell company (or companies) and extract their money from the public markets that way. Sooner or later they'll find mug punters to buy shares in this worthless archive of restored images that no one wants to buy due to similar likenesses being in abundance elsewhere at minimal if any cost.
Nonetheless, I had also hinted in a previous post, that moving on to another listed shell entity to suck dry, would be the logical next step.
PS all the ARtelligence info seems to hint that TTCM is already a gone case, am I wrong?
This is the way.
On your first line. No, I did not write that at all. I said he provided no analysis and he didn't. Analysis is not the same thing as proof.
Your second para proves the point that this is dead. So, thanks for the affirmation (not that I asked for nor need it).
The final para, shows you simply have not been here long enough to realise what's gone on with this "company", so do please follow your own mantra and buy your lotto ticket with both hands. Some folks here really don't deserve to lose money to these miscreants. Reading this nonsense post, I do not believe you're one of them.
Last reply you get from me.
"Chart" hahaha. Oh how I do like to check in here from time to time for a good laugh.
Saying this has a good chart is like saying that the condition of someone with an ECG that's still flat-lining after ten minutes can only improve from here.
Facts:
1) Trading volume has all but dried up because there's no bid support and no-one wants to buy this at any price knowing it's getting delisted even from the OTC bottom tier.
2) It would take but a few thousand bucks at the very most to paint this up 2 or 3 bids (which I'm guessing would satisfy your prediction that the price can only go up), so anyone wanting to throw more money down the toilet, can easily do so.
3) Marking the close to promote the price by a bid or two, does not in any way constitute evidence of a recovery in the stock price. The ensuing Hammer candlestick that this would create in the chart would be completely meaningless.
RSI, MACD, BB's MA's all bunkum where this sham (sorry stock) is concerned.
To coin some brilliant writing re. TTCM:
"E's a stiff! Bereft of life, 'e rests in peace! E's kicked the bucket, 'e's shuffled off 'is mortal coil, run down the curtain and joined the bleedin' choir invisible!!"This is an ex-penny stock. It has ceased to be!!"
On your silly point directly. Saying "My Chart tells a much .....blah blah" does nothing. If you want to get technical, there are people on here, I'll wager can run rings around you, myself included. You provide zero analysis anyway, so stop trying to play kidology with the board that this company has any chance of a revival, based on technicals. It's complete BS.
I'll tell you what will happen next.
TTCM has been sucked dry. They can't get a name change done to continue dumping dubious tech license agreements into it for the purpose of selling the shares and monetizing worthless assets.
So, TTCM will be allowed to die off to the Expert Market (and good riddance to bad rubbish), and then they'll go looking for another shell company to rename ARtelligence (or A r another name) and execute this strategy. There are plenty of candidates.
Buy this now at your peril.
"was one of the best" past tense!
Shock horror, is he dead? I mean, I know TTCM is, but my hero John, surely not.
Saw them at the O2 btw. Fantastic.
This isn't an argument, it's just contradiction.
https://tinyurl.com/ywzh7xj8
Regarding your last point on what you see as a now-defunct RS. I'd tend to agree.
Of course, what was expected to happen was that the ridiculous $3bn+ valuation and a reciprocal csp of 0.35 cents based on the value of the assets (giving a $17.5 estimated post-split sp), was stymied by the fact that no one believes that sky-high valuation of the assets that were seemingly piled into the business (oh and btw, they weren't, they're licensed lmao). Hence, the sp didn't pump to the level required for it to be sold off by insiders (no lockup clause to the shares issued for that license agreement so shares offered in lieu can be sold off at any time).
The long and short of it is:
1) They cannot sell now as cp is too low
2) The stock didn't appreciate in line with a ridiculous valuation of assets (that do not form part of the business anyway, so even were the photo collection to be worth $3bn, the valuation of the licensing agreement attached to this asset would be a tiny %age of that)
3) They cannot exercise a RS because the sp after that would still be only around 3 cents (assuming 50:1 ratio)and that would sell back down to trips within a week or two.
With 9bn OS, this game is over folks, so for those still supporting insiders (who have done very nicely indeed), have a hard talk to yourselves, realise you've been duped, cut your losses and move on.
That really is the only way to attain peace of mind on what these people have done here.
The key consultant in this case was not paid in shares they were paid in cash. Look at the Form 10K's. What they were paid to do, nobody knows, nor it seems, will ever know.
ARknet is a dead duck, so all that money is gone to whoever was paid it for whatever they did (or didn't do). Without SEC intervention, they got away with it and sh's paid the price.
It's now all about Regal Photo Archive, so make of that what you will. I know what I make of it and of the alleged corporate action name change, plus reverse split. Anyone buying this now at any price is throwing their money away because it will merely sell down rapidly upon RS.
Cheers.
This is an interesting case:
https://www.sec.gov/news/press-release/2022-172
"According to the SEC’s complaint, Patten, Coker Sr., and Coker Jr., who was the former Chairman of the Board of Hometown International, took control of the outstanding shares of Hometown International and a separate shell company, E-Waste Corp., artificially inflated the price of both issuers’ stock through manipulative trading, and used the entities to acquire privately-held companies in reverse mergers, with the intent to thereafter dump their shares at grossly inflated prices. Before the defendants were able to reap the intended profits of the schemes, as alleged, numerous news articles were published discussing the issuers’ inflated stock prices.
“We allege that the defendants’ brazen schemes resulted in the artificial inflation of the stock price of two publicly traded companies with little to no annual revenues,” said Scott A. Thompson, Associate Director of Enforcement in the Philadelphia Regional Office. “Such manipulative schemes diminish the trust investors must have in the integrity of the markets, and we will pursue those who engage in such wrongdoing.”
I think people are stuck playing games in the rhetoric of CON this and that here. So, to put this to bed, what needs to happen is threefold:
1) TTCM need to account for every penny they have spent under General Expenses/Development/Consultancy Fees and provide a drill down into precisely who was paid what, for what, and what was delivered in return for the fees paid. There will be an audit trail including scopes of work (with KPI's/Deliverables), billings, and actual invoices paid. For each project, there should also be supporting documentation detailing the RFP/RFQ/RFT demonstrating how the company attempted to get the best value for the job to be undertaken by offering the project out to multiple potential vendors, and in so doing, prevent any accusations that they did not seek alternative quotations and kept the project with one vendor only. SH's are entitled to see this information.
2) TTCM insiders must account for all share transactions over the last 5 years (both directly and through proxies). Most especially, these should cover the period Mar - Nov 2019 when the share price was pumped to 3 cents (largely through social media posts and online vehicles like the HODL group. I like I'm sure many here, have all the names of those protagonists) and then dumped real quickly (this also occurred during Feb 17). I refer back to a video conversation that took place where one of the Directors of the company admitted to being an "anonymous trader". That needs to be squared with their responsibility as a company director and defacto insider.
3) A second opinion on the valuation of the assets of the new party needs to be produced.
This is for interest:
https://www.gibsondunn.com/2022-year-end-securities-enforcement-update/
I'm sure many will have followed the saga of Justin Costello. The funny thing is people were warned time and time again about the scam.
https://www.justice.gov/usao-wdwa/pr/former-bellevue-washington-resident-sentenced-12-years-prison-securities-fraud
“in many financial crimes the victims are not known to the fraudster… Financial crimes where the defendant befriends the individual and uses them to entice others to the scheme has a completely different emotional impact. It leaves victims feeling helpless and hopeless.”
"Costello did not just defraud friends, he also committed fraud on those investing on public markets. He had press releases and securities filings made with multiple false representations. "
Proof if proof were needed, that where such duplicitous action occurs, justice will catch up with the perpetrators in the end.
Now back to Tautatelligence.
No new 8K's?
Just for the sake of providing some balance, perhaps if they have collections like this, properly curated and presented at public galleries, this would be one way to go.
https://www.bbc.com/culture/article/20230613-the-ultimate-insider-view-of-the-beatles-and-beatlemania
Or perhaps they're going to have floating images on ARknet as a subscription service.
I'm sure tailored subject-specific content would appeal to certain aficionado groups.
Domain Name: REGALPHOTOARCHIVE.COM
Creation Date: 2017-04-22
Updated Date: 2023-04-23
Registry Expiry Date: 2024-04-22
For information only.
Re: Your final para. Those who agree need merely contact the below, detailing your concerns:
https://www.sec.gov/whistleblower
It's likely you'll make more money doing this than investing in this gravy train.
https://www.sec.gov/news/press-release/2020-80