Register for free to join our community of investors and share your ideas. You will also get access to streaming quotes, interactive charts, trades, portfolio, live options flow and more tools.
Register for free to join our community of investors and share your ideas. You will also get access to streaming quotes, interactive charts, trades, portfolio, live options flow and more tools.
Yikes!
Again all wrong. One might need to actually read the 10-Ks to confirm what they are stating. One might also want to understand what a Form 4 is.
By your thinking Jon sold 150,000,000 shares. Are you accusing the CEO of selling those shares and not gifting them as stated in the 8-K?
Yikes!
Again all wrong. One might need to actually read the 10-Ks to confirm what they are stating. One might also want to understand what a Form 4 is.
By your thinking Jon sold 150,000,000 shares. Are you accusing the CEO of selling those shares and not gifting them as stated in the 8-K?
One might want to go back and read what we have been posting. We have stated that the shares on the 10-K for 2021 are less than the the shares shown in the 2020 10-K for David and Jon. We then pointed out that no Form 4 was filed for David and the one for Jon does not equal the difference seen in the two reports.
What post did we say David sold shares?
Yes, the 10-K’s are the proof that shows David has less shares on the 2021 10-K as compared to the 2020 10-K. It doesn’t matter if David stated he hasn’t sold any shares, that’s not the issue we brought up. The issue is the difference in the two 10-Ks and no Form 4 was filed. And again David and Jon signed both 2020 and 2021 10-Ks confirming the numbers.
If one is saying that a companies audited 10-K is not factual, seems like there are bigger issues that need to be addressed.
For some, audited 10-Ks filed with SEC are wrong and show no proof, but 8-Ks filed with the SEC are correct.
If this is an error than an updated/amended 10-K should be filed.
This is not the first time something like this has happened with Tautachrome. In May of 2020, ARknet sent a tweet out saying they collected revenue. However, on the 10-Q for that time frame there was no reported revenue. This was pointed out to David, he confirmed their was revenue and an amended 10-Q would be filed. An amended 10-Q was never filed
The links were provided and the specific issue was provided. If anyone cares to review they can, if one is “not interested in this nothing burger anyway” the recent replies is a strange way to show the lack of interest.
Multiple accounts on this board have posted to read the most recent 8-K filed by Tautachrome. So yes, Tautachrome has provided confirmation they are reading this board.
So you haven’t even looked at the 10-Ks to back up the information you have been sharing?
David used to tell people all the time, during a two year window, to contact the company if they had issues. He was the Investor Relations person during this time, but didn’t disclose that.
Interesting what is going on right now
And yet a signed and audited 10-K shows different.
There must be a discrepancy on the 8-K you continue to reference. SRAX states “ Who are we and what do we do?
We are paid advertisers, also known as stock touts or stock promoters, who disseminate favorable information (the “Information”) about publicly traded companies (the “Profiled Issuers”).”
We would recommend you contact SRAX regarding this not on our account because it’s clear what they have stated, but on your account since you seem to have concerns with them being paid advertisers.
10-K was audited by M&K CPAS, PLLC. They were paid $28,500. David and Jon signed the audited 10-K confirming the information within it. David and Jon show fewer shares this year than last year, without Form 4’s accounting for these differences.
Then again David and Jon signed an audited 10-K with multiple errors on it so at the end of the day maybe no one really cares.
People should go read an 8-K for truth about TTCM and SRAX, but ignore an audited 10-K(both David and Jon signed) from TTCM about David and Jon showing fewer shares and ignore what SRAX says is their business plan as it relates to how they will market Tautachrome?
Something doesn’t add up with this thinking.
Information on Tautachrome’s 10-K is clear.
• David shows less shares on the 2021 10-K than the 2020 one, with no Form 4 filed.
• Jon shows less shares on the 2021 10-K than the 2020 one, and the Form 4 showing 150,000,000 does not account for the total difference (150,599,025)
•$0 Revenue in the fourth quarter
• $220,000 promissory note at 8% interest, covetable at 63% of lowest closing bid 20 days preceding the conversion of December 28, 2022. (There are two $520,000 notes due this year as well)
• Michael is now showing owning 6.7% of outstanding shares, but no Schedule 13D was filed
•Tautachrome owes ARknet another $300,000 in license fees for 2022
What SRAX does is clear and Tautachrome paid them $1,980,000 in stock to market for them.
“Who are we and what do we do?
We are paid advertisers, also known as stock touts or stock promoters, who disseminate favorable information (the “Information”) about publicly traded companies (the “Profiled Issuers”).”
$262 in total revenue, but only $22 was from “Online sales platform”.
Only $2 in total revenue the second half of 2021. Their Quick Meetups service cost $1.99 a month and was launched in May.
First line in SRAX disclaimer on the TTCM marketing
TTCM says their KLK token doesn’t exist anymore, but was named in their most recent 10-K as their upcoming currency.
They have been advertising the XAR token and stated it was expected in 2021. However, it hasn’t been released and is not mentioned in any 10-K.
More from SRAX on the TTCM marketing material
More from the SRAX disclaimer attached to the TTCM marketing
What will happen when the Campaign ends?
Most, if not all, of the Profiled Issuers are penny stocks that are illiquid and whose securities are subject to wide fluctuations in trading price and volume. During the Campaign the trading volume and price of the securities of each Profiled Issuer will likely increase significantly. When the Campaign ends, the volume and price of the Profiled Issuer will likely decrease dramatically. As a result, investors who purchase during the Campaign and hold shares of the Profiled Issuer when the Campaign ends will probably lose most, if not all, of their investment.
From the multi year marketers disclaimer on TTCM marketing material.
Who are we and what do we do?
We are paid advertisers, also known as stock touts or stock promoters, who disseminate favorable information (the “Information”) about publicly traded companies (the “Profiled Issuers”).
How is the Information published?
We publish the Information on our Website, in newsletters, audio services, live interviews, featured “research” reports, on message boards and in email communications for specific time periods that are agreed upon between us and the Profiled Issuer or third party paying us.
Our publication of the Information is known as a “Campaign”.
Will everyone receive the Information at the same time?
No. The Information may be sent to potential investors at different times that are minutes, hours, days or even weeks apart.
How is a potential investor impacted if he receives the Information later than other investors?
Typically, the trading volume and price of a Profiled Issuer’s securities increases after the Information is provided to the first group of investors. Therefore, the later an investor receives the Information, the more likely it is that he will suffer increased trading losses if he purchases the securities of a Profiled Issuer.
Both Jon and David have already confirmed that David’s share count in the 2021 10-K is less than his share count seen in the 2020 10-K.
Again, no Form 4 was filed though
So there is no proof to the claim in the previous post of David saying he hasn’t touched his shares?
Show where he has said this.
David has fewer shares on this 10-K than 2020, but no Form 4 filed
Jon has 150,599,025 fewer shares on this 10-K, but only accounted for 150,000,000 on a Form 4
KLK is still being mentioned in the most recent 10-K. XAR not mentioned at all.
$0 revenue last quarter ($2 in last six months)
$212,577 reduction in cash (64% of their total cash on hand)
$426,453 in “Research and development”
$220,000 promissory note for $220,000 at 8% interest, covetable at 63% of lowest closing bid 2.0 days preceding the conversion of December 28, 2022. (There are two $520,000 notes due this year as well)
“Stockholders” count saw a reduction year-over-year
Multiple errors in latest 10-K
Down 4.76% for the week
Down 58.78% YTD
Down 81% 1 year
Down 91% since November 2016 when the current COO joined as the investor relations contact. (Assuming the date the company provided is accurate)
Restricted Shares as of 3/1/22
1,787,288,840 (down 25% from 2,385,938,840 in December 2021)
TTCM owes another $300,000 this year to ARknet as a license fee
Two $520,000 promissory notes due later this year. 8% interest and convert at 63% of the lowest closing bid price during the twenty days preceding the conversion
Reported revenue on the last 10-Q was $2.
Since launching the App in July 2019
6254 TOTAL reported arknet users. How many are active? They have not shared that.
144 TOTAL reported business accounts. Again not sure how many are active. When calling a business the owner did not know what ARknet was/is.
938+ TOTAL reported products and services on the app.
Misinformation
https://www.tautachrome.com/en/tautachrome/ARknet%20Tautachrome%202022%20Company%20Overview%20OTC%20TTCM%20FINAL%20Q122%2021522A.pdf
There are multiple errors in this thing, but 4.24 billion shares outstanding?
They did update the shares on float though. From 2.2 billion to 3.37 billion
Misinformation
https://www.globenewswire.com/en/news-release/2017/12/05/1229175/0/en/Tautachrome-Inc-Announces-KLK-Cryptotoken-Bonuses-Rewarding-TTCM-Share-Buying.html
KLK never came out. XAR, it’s replacement(?) was “expected” December 2021. Didn’t happen
Misinformation
ARknet Revenue — New beginnings. Platform fee based revenue has begun. $6.19 collected today in fees! Woohoo!! These deliberately small fees, (2%) meant to benefit Main St retail during this difficult time, will in aggregate grow with platform adoption by vendors & shoppers. pic.twitter.com/fUUmqHOR4B
— ARknet (@MyArKnet) May 8, 2020
Speaking of misinformation.
They failed to update their “Monday” report again.
So are they taking action against themselves? Have you seen the amount of misinformation this company has posted?
We just read it again. What’s so important?
ARknet is based off open source code that stopped being supported a year ago.
OTC figures updated
Restricted Shares
1,787,288,840 (down about 10% from 1,984,288,840)
Unrestricted Shares
4,082,620,414 (up from 3,885,620,414)
With the ARknet patent submission now showing “Non-Final Rejection” we are interested what the next move is. Obviously they should respond, but if it stands what’s next? Interesting