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sorry, typo, meant PGPM. Anyway, it was over a year from UNRG's last PR, so your point is well taken.
What does UNRG or Brian Guinn have to do with PPGM? I thought the the tie-in was only former CEO Smith...
Mr. Guinn politely responded to my inquiries - that I posted off the new Website (8/3) - with the following statements:
"We will be updating the market and shareholders shortly regarding..."
* "location of new acquired assets,"
* "current and projected production, and"
* "reserve values."
"We also anticipate additional announcements regarding acquisitions that are still in the pipeline."
Notice "acquisitions" is plural. I'm guessing his use of "in the pipeline" is oil industry humor.
PatB - as you know they don't have an "Executive" executive. Need one.
TTCM is filled with "R & D" executives. Can't seem to ever get Super Project 1 finished. On to Super Duper Project 2 before Super Project 1 is completed. Later, working on Super Superior Duper Project 3, 4, 5, 6, 7, & 8, as Project 1 sits there.
In the corporate world, the Wise-but-Stern CEO sits down with R & D dept.,and listens, as they talk about Ultra Super Hyper Greatest Widget Ever Project they just invented in their minds. Tells them "that's wonderful, we need to take a look at it, but, gentlemen, right now we need to finish Project 1. On schedule. Or else."
How many projects has this company initiated, but tabled to a later time? (Or, is "abandoned" a better term?).
Somebody came on here 2 days ago and said there were less than 5 impatient/unhappy stockholders, total. Everyone else is just fine with financials that look like garbage, I guess.
Is KlickZie still projected for 3Q2020?
No, they can't.
Buying on behalf on accredited investors, yes.
Individuals directing investments with authorization language ib governing documents, sure. (Note: ;lawsuits against firms for permitting investments too numerous to mention.
A specialty purpose fund, with loads of legal representation, perhaps.
An institutional investor using discretionary authority, the bulk of this area, absolutely no way.
I don't know what you saw.
No, they can't.
Even though a bank, insurance company, et al may, technically qualify as an accredited investor, the real target of such classification are qualifying wealthy individuals.
Firms with discretionary investment authority buy stocks as eligible within their investment guidelines. And those are restrictive provisions that would preclude any purchase of a company like TTCM. Because of their financials. I've never seen an investment policy that would permit an institutional investor to buy a company like TTCM in its present form. That was the substance of my comment to the poster dismissing TTCM's balance sheet as essentially unimportant. Also, NASDAQ requires financials of a standard much above where TTCM is now.
So. your statement "institutional investors can buy whatever they want," is patently false. Individuals, with legal authorization, can almost buy whatever they want.
What's false?
TTCM's decision to improve their balance sheet is highly positive. And try not to forget their long term goal is to one day be on NASDAQ. They don't take you unless you qualify, and thea company's financials have to be sufficient.
No, the balance sheet does mean a lot.
Institutional investors cannot buy stocks outside their investment guidelines (they can buy as legally directed by individual investors, but not on their behalf). And I don't know any that permit investing in a company with a balance sheet/income statement that projects garbage, as TTCM's does now. Irrespective of the greatest newest techno-widget they may have invented. Could be one of the reasons management announced recently its intent to acquire other companies in order to improve the resulting TTCM organization's balance sheets and income levels.
I keep coming back to this...hasn't got much play on here.
August 21st - "Disclosure: Tautachrome is actively seeking & reviewing revenue producing acquisitions. With such acquisitions we are aiming to strengthen our balance sheet, expand our technical team and enhance our ARknet platform."
Some party, maybe in addition to their auditor (!), let them know the score - the current financial statements project garbage. Many investor groups (not us, we are "speculators") won't touch this stock no matter how promising the tech breakthrough widget looks, because of the financials. TTCM has been borrowing to meet minimum current operating costs. It is what it is.
IMO, this is a very positive step forward. Have to have financials that appear to look like a real company, not a meth lab operating out of Joe's garage trying to fool the IRS.
How they try to do this will be interesting, to say the least. I hope the very reason it was "disclosed" means they have an idea to do it, they are working on.
Fullstackers? another tOSU booster (w/Honeycomb). Sorry, Michigan.
Been away. Anyone know more about 8/21 TTCM twittered statement below?
"Disclosure: Tautachrome is actively seeking & reviewing revenue producing acquisitions. With such acquisitions we are aiming to strengthen our balance sheet, expand our technical team and enhance our ARknet platform"
Greetings professor. There are some apps not in that group that permit interaction with another user's cell. The point I didn't make very well, is that these million to billion dollar companies have their structures in tact, and for several years. When they see a market profit opportunity, have to believe they can move to it quickly. Many of these competitors' apps looking at interaction with businesses, shopping, etc., like TTCM, but they are already there. They have bells and whistles, graphics and optics. We have a whistle, LOL, but a different product and service concept.
There are some things I wanted to say about KlickZie now in this hopefully soon, from my conversations, but have to re-check my notes. Probably just need to recall them. Dr. Jon kindly left me a message within a day. He does that with every call, so I read on here.
Again, this is where TTCM's competitors already are:
https://www.digit.in/technology-guides/fasttrack-to-augmented-reality/30-best-ar-apps-for-your-mobile-device.html
Graphics, optics light years ahead. Seven, eight years they have been at this. And I would bet they could, without infringing on TTCM's patents, invent a way to do what ARKnet is trying to do. Mice can find other paths to the cheese, you know.
I have communicated with Dr. Jon about this and push to comm (sp?). The difference will be Klickzie, so today's news - to me - is long overdue. The game changer, if/when it's done, only IMO.
Interesting comments, thanks. I couldn't see any equivalents to us, but some look pretty close in thinking about shops, etc.
Here are what a few of our competitors are doing:
https://www.digit.in/technology-guides/fasttrack-to-augmented-reality/30-best-ar-apps-for-your-mobile-device.html
LOL. You are the swing-vote, the visionary with long-term perspective that needs to be considered. If/when you want to add something to your comments just write it and I'll substitute it.
I put your comments on the stickie, hope that is all right. If not, I will remove.
True, haven't put one out there. But I can see no way they could amend or avoid paying this eventually. (Well, maybe one - if the government declares the payment illegal, or something along those lines). And since insiders get the bulk, I'm not sure they want to eliminate it anyway.
This is still on the KlickZie website:
"Cryptotoken Sale: Eight billion KLK20 cryptotokens will be generated and distributed, 50% to token purchasers in this token offering, and the balance reserved for distribution as follows: 18% for technology development, 10% for development partners in the goods and services commerce sector, 2% for software bug bounties and 20% for prorata distribution over time to the 1,800+ shareholders in the Company."
They declared a stockholder of record date, too.
No need for rocket science.
Events are to some extent predictable. There are many traders here with TTCM. (would be interesting to know what percentage are). They don't care to hold for any longer than a month or so. Profit available since last week and they took their's. This is OTC pink after all.
Could make a good argument that if one had 1M shares TTCM, keep 500K long and daily trade the other 500k. Hurts us longs, but it is what it is...
I guess everyone can hype, such as:
"...and 2.5B in liabilities"
If this was really about a 50 million share dump, and some overdue profit taking by the daily(s), I would guess the results were about as expected, and the PPS actually handled it pretty well. In a positive position for tomorrow. IMO
You are making a simple but very good point here:
"Most new apps in app store don't trade on stock market and don't have patents like #ARknet."
Really?
"Sorry your to dumb..."
Did you mean: sorry, you're too dumb
Very true, and add "projections"
"Early on when I started trading, I gave these boards much more weight than I should have...because I figured other posters defined a "fact" as truth. I latter learned many people defined "fact" as opinion, misdirection, and outright lies."
Ironically, that is why I like KlickZie's trusted imagery concept.
Negative equity currently of millions, no real tangible assets now, and they will have paid off the new loan. And probably more new loans to be paid off since there are no real assets for operations. And have a permanent 2 million in the bank (which means net of all forthcoming expenses), because NASDAQ will not be fooled with a puff balance sheet/income statement.
If that happens, stockholders will have done real well.
And?
** To qualify under the closing price alternative, a company must have: (i) average annual revenues of $6 million for three years, or (ii) net tangible assets of $5 million, or (iii) net tangible assets of $2 million and a 3 year operating history, in addition to satisfying the other financial and liquidity requirements listed above.
Just curious, Where did you get this?
"$3. Is a requirement for higher exchanges."
NASDAQ: Each company must have a minimum of 1,250,000 publicly traded shares upon listing, excluding those held by officers, directors or any beneficial owners of more than 10% of the company. Also, the regular bid price at the time of listing must be $4.00, and there must be at least three market makers for the stock.
AVNET, a reported client of Honeycomb Digital, will know all about AR, and then some. Hard to believe Jordan Gray hasn't shown it to a contact there by now.
I'm with you on this. An official Press Release, which goes on all services, seems appropriate. Having a (working-in-process) APP out, with testing underway, is a big deal.
Gracias.
Does every one of your posts have to have the CAPS on?
Interesting comments on the patents. I'd like to ask you, then, considering other EXISTING augmented reality apps, such as:
Vuforia Chalk (Android, iOS) is defined as "an interesting app that turns your smartphone into a powerful visual tech support tool. Once the app connects you and a friend or tech guru through a video call, you use your phone's rear camera as a viewfinder to show exactly what you need help with. Both parties can then draw on the screen with augmented reality chalk marks that work like visual annotations, letting you find the right buttons, dials, and controls, without the confusion caused by just verbal descriptions."
Notice Vuforia has interaction (i.e. can be shared among other users with the Vuforia app) augmented reality. All Vuforia users can see what the other Vuforia users are doing on the others' smartphones, as well. These are reportedly some chief strengths of TTCM's ArKnet.
Does TTCM's patent(s), IYO, prevent Vuforia Chalk from expanding to do what TTCM is trying to develop? After all, vendors are going to want to make their products available to as many potential smartphone customers as possible.
TIA for your thoughts.
You might look at explanation video in the link below:
https://myarknet.io
Sorry folks jumped on you, a lot of people are trying to control the narrative here, both pro and con.
An adrenaline rush?
"Dr. Jon, to a growing group of us, is almost equivalent to Bill Gates selling and starting a new venture because he was compelled to...
In our opinion. Dr. Jon Leonard is far more accomplished."
LOLOL!!!
Well, yes, that would be quite something.
FYI, this is what TTCM published prior to March 2019 that would be included in the COMPLETION of ArKnet 1.0:
"Development of ArKnet 1.0 for IOS & Android
ArKnet Version 1.0 goal capabilities:
- Sign up, creation of @ username, bio section, & device ArK assigned.
- User Ability to follow/be followed interaction with ArKs and ArKrs
- User Ability to create four different ArK types. (ArKbox, Memorial ArK, Business ArK, and General ArK.)
- ArK content upload ability
- User messaging ability in between ArKs and ArKrs
- Worldwide ArK search Capability
- Interaction Notifications"'
So, LaMountain is saying they have now done more than what they purposed to be completing in the above (?) Great, show us...
TIA, what specifically did whom tell you?
Please keep it nice. folks.
In reply to: "I am hoping it goes to $0.25,but my GUT is $0.0002 with delay news."
I thought that, too, several weeks ago, but not so sure now. (And NO ONE has been commenting more against the constant delays than me - two years worth!). And yes, there are more comments by folks on here WAITING FOR NEWS than ever, which is right. You can see it in today's posts.
But, the tweet, albeit limited, by Jordan Gray/Honeycomb Digital last week was significant. To me, anyway, having been here for years. If, or perhaps when, there is another delay, a comprehensive statement by someone, and Gray especially, about what they have produced to date, what is left to complete, might go a long way to mitigate any pps downturn, because this stock is becoming a bit more news-driven (and a little less momentum driven). There are reasons to be obscure, as they have overly been IMO, but that plays against the stock pps.
Edited.