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Might be a good one
Just so ya know:
From the merger agreement:
Samsara shareholders will receive 2,589,400,000 shares of DAVC once the merger is complete.
From the 8K - 5.5 Samsara Capitalization. As of the date of this Agreement, Samsara is authorized to issue Ten Million shares of Samsara Common Stock, $0.0001 par value per share, of which 5,653,536 shares of Samsara Common Stock are issued and outstanding,
So...
2,589,400,000 ÷ 5,653,536 = 458 shares of DAVC for every 1 share of original Samsara stock.
At today's pps that's...
458 × .0084 = $3.84
Original Samsara stock was sold for $2.00 per share , so their up nearly 92% ROI
As long as the pps stays above .0043 they will be "Green"
Exactly! We're just waiting on a press release
Back to pennyland! (((((((((KaaBooooooom)))))))))
WoW! That's HUGE News!! Awesome
it all depends on the price per share X O/S = Market Cap
@ .0006 The MC is only 400k , so if Good news on their debt settlements comes out , then its boom time ! imo
Hard to believe this stock was @ .30 a year ago!
Good news! We have been making steady progress on our goals of cleaning up the balance sheet, which is vital for DigitalTown's long term success. Special thanks to the vendors and debtors for their patience, support and understanding. #DigitalTown #CleanUp
https://mobile.twitter.com/Digi_Town
WoW! New lows today. Presplit pps of .0000955 Ouch!
My snag a few here tomorrow , really like the low float for a trip stock! New management looks good to.
GLTY
Ran to .008 in February! I'd settle for .0024
It looks like it is starting to trade again
Nice to see the 8k!
Hope I can load more @ .001
GLTY
Great post!
Don't marry them , just trade them!
Don't get to Greedy! lol
Good luck to ya
So then tell me , if Blippar failed using 10's of millions of dollars , then how is Tautachrome going to be successful in launching Arknet , with only 4k in the bank?
Here is a little piece on why they failed.
Co-founded in 2011 by Ambarish Mitra and Omar Tayeb, Blippar got in on augmented reality way before VR and AR headsets from Facebook and Microsoft became a thing. At the heart of its business was its computer vision tech, which could identify everything from cars to famous landmarks and faces. Sure enough, big brands came knocking, with Blippar creating AR mobile ad campaigns for Nestle, Coca-Cola and General Mills. It also launched an AR GPS app months before Google got the idea, issued an AR comic in India to raise awareness for victims of sexual violence, and released interactive billboards that served up art history lessons in the US.
On the surface -- and with the parallel rise of augmented reality ushered in by Snapchat and later latched on to by big tech -- it looked like Blippar would have no problems turning a profit. But the AR space is also littered with failures and products that failed to match the hype, among them Google Glass (for which Blippar created the first image recognition app in 2014) and Magic Leap. By 2017, the company was suffering huge losses per The Financial Times and had shut its Mountain View offices and lost key executives. Now its future is in the hands of David Rubin & Partners, which will likely proceed to sell off the company's assets.
That preview video they put out is a joke!
My grandson put together a better video using AR than that one!
Good luck unloading your shares though!
The Pump is on , get'em while there cheap!! lmao
The split ratio was announced Friday to be between 1 for 700 & 1 for 1,200
Good Luck
Read these articles & watch these videos & you will realize that there are other companies that have Big bucks and are light years ahead of Arknet!!
https://techcrunch.com/2018/08/09/blippar-is-using-ar-to-help-customers-find-their-way-indoors/
http://www.globenewswire.com/news-release/2018/08/09/1549839/0/en/Blippar-Launches-Indoor-Visual-Positioning-System-for-Enhanced-Location-Based-Augmented-Reality.html
https://www.blippar.com/blog/2018/10/25/meet-our-updated-sdk-with-arkit-and-arcore-integration
Yup , but in this space the Giants can crush broke companies like Tautachrome . With only 4k in the bank , how are they going to take on one of the Giants in court?
TTCM shareholders would get crushed in toxic debt if they even tried.
They tried raising 100 million dollars on their coin sale & the market barely gave them 100k & now the company is giving free coins to shareholders in hopes to sell more shares of TTCM.
That's a Huge red flag in my book!
Plus , with "The Giants" having billions of dollars at their disposal , I'm sure their way ahead of any AR trend that is to come.
Interesting:
From the 10k:
Competition
With regard to the internet applications in general, competition is intense. For example, according to Statista by mid-2015 there were more than three million different smartphone applications available to users. We think it is likely that this number has only increased since then. In spaces that are this crowded t he principal matter of competition is about capturing user mind space, which for a given product consists of elements such as degree of product exposure to users, degree of product apparent desirability, pleasure of product usage, and persisting necessity for the product in a user’s life. These elements of competition are well known to our competitors which include the internet giants Google, Apple, Facebook and Amazon, all of whom have financial resources and operating staffs substantially larger than those of the Company, and all of whom can focus on the optimization of their products towards the same consumer and business arenas upon which we intend to focus.
With regard to ArK augmented reality space, while there is no direct competition in the at the moment, that could change in a heartbeat with an interest taken by any of the internet giants mentioned above.
"Dollars Coming"
Maybe so , if the O/S was a couple hundred million.
This company dilutes almost a hundred million per week.
From 10k:
As of April 10, 2019, the registrant had 2,871,747,062 shares of its common stock outstanding.
https://ih.advfn.com/stock-market/USOTC/tautachrome-inc-TTCM/stock-news/79707736/annual-report-10-k
Current update on Friday:
3,412,485,115
https://www.otcmarkets.com/stock/TTCM/profile
3,412,485,115 - 2,871,747,062 = 540,738,053
That's almost 541 million shares diluted in only 45 days/31 trading days
The worst I've seen is FREEF
check out their 5 - 10 year chart!
Wowzzza!!
In the trillions
I guess anything is possible but with a huge R/S happening @ any moment , I doubt to many traders will want to be in this stock when the daily list updates with TFVR on it.
Check here daily:
https://www.otcmarkets.com/market-activity/corporate-actions
OR
https://otce.finra.org/otce/dailyList?viewType=Dividends%2FDistributions%2FSplits
It's not after the split that I would worry about so much because of the huge insider ownership of commons.
It's before the split takes place that the market will most likely sell off on. imo
Your guess is as good as mine on how low the pps will be the day before the R/S takes place??
My guess would be just a little above trips.
We'll see!
GLTY
It looks like on top of a 1 for (700 - 1200) reverse split there will also be a conversion of the series A Preferred Stock.
From 8k:
The new Series A Preferred Stock WILL CONVERT AUTOMATICALLY to common stock upon the effectiveness of ANY FUTURE STOCK SPLIT of our common stock. In total, the common stock and Series A Preferred Stock issued under the SEA will constitute approximately 83.33% of our issued an outstanding share capital on a fully-diluted basis.
https://www.sec.gov/Archives/edgar/data/748268/000155479519000143/tfvr0515form8k.htm
The 8k says the Series A Preferred convert @ Reverse Split to - 21,690,680,000 commons
Based on these numbers a 1 for 1,200 R/S would make the post split outstanding shares @ 18,468,450
A share price of $4.56 per share based on Fridays close of .0038
A post split Market Cap of $84,216,132
Leaving the A/S @ 510 million
3.5 million hold is Not 1% of Arknet!
3.5 million hold is .01% of the outstanding shares of TTCM & much less than that on a fully diluted basis including the Preferred Shares.
On top of that is the fact that Tautachrome doesn't Own Arknet , it has a license agreement with the CEO (Jon N Leonard) , to sell & promote it.
The CEO has it covered both ways!
If the app is a total flop he still gets millions of dollars.
If the app is a total success , he gets even more $$ but he could just conspire to take back Arknet from TTCM due to the fact that he is 100% in charge of both entities.
Shares Out. 3,412,485,115. 05/24/2019
https://www.otcmarkets.com/stock/TTCM/profile
The CEO has already monetized the app by owning it @ then licensing it to Tautachrome .
He makes bank even if its a total flop!
October 17, 2018, we executed a License Agreement with ArKnet, Inc., a company owned by our CEO, Dr. Leonard and another related party. We received certain technologies aimed at the global household goods and services market in exchange for on-going cash payments and 40,000 shares of Convertible Preferred Series E Stock, issuable on or before April 17, 2020. We recorded an accrual of $1,837,000 for the cost of these shares during 2018
I'll believe it when I see it in a filing!
This company only has 5k in the bank and is aggressively taking out more toxic notes monthly.
They need millions more to bring this concept to market.
Of course with the CEO being connected to previous Scams is what really makes me Leery.
I wouldn't get to excited about the viewer count , even I had to watch it 5 or 6 times just to see how bad it was.
I'm sure their are many on this board viewing it hundreds of times just to get the count up! imo
Their still showing over 1 million dollars of convertible debt on their 10q:
Convertible notes payable - related party. $88,152
Short-term convertible notes payable, net $641,822
Convertible notes payable in default. $267,056
Long-term convertible notes payable, net. $70,882
Long-term convertible notes payable, related party, net. $32,825
Then why has the O/S been going up hundreds of millions per month?
From the last 10q:
During the three months ended March 31, 2019, we issued
939,263,152 shares as follows: · We issued 935,640,097 shares in conversion of outstanding convertible promissory notes.
Thanks
Are you saying that the whole Klickzie (KLK) ICO
was a bust?
If so , then what makes this next app any better of an idea?
I can see its sure got the peeps on this board excited , it reads like a room full of kids that just got their next Pokemon app update! lol
Anyone got any information on the Klickzie (KLK) ICO
currently going on.
Doesn't there need to be an interest in the crypto world for this whole concept to take off?
I've googled everything I can & it just seems the KLK coin is dead?
Any help would be appreciated , tia
"Sorry to be the bearer of good news!"
I guess your right if you consider a 1 for 1200 R/S & the original shareholders of TFVR being left with less than 1% of the company "Good News"
I'm not saying there won't be a trade post split but pre split will only trend Down ! imo
Good luck trying to convince peeps to hold & endure the reverse split coming.
Yes , based on your scenario , you would need a share price of $25.00 per share to break even.
Your wrong! He is saying he has 1mil shares @ a cost basis of .025 per share . That's 25k
So with only 1000 shares post split the pps would need to be $25.00 to break even.
It's affecting the series A preferred & the commons ,according to the 8K & they will convert upon the R/S
And your math is correct based on a 1 for 1000 reverse split @ today's pps of .0038.
I would imagine that it will go alot lower on Tuesday though?
Good luck
The 8k says the Series A Preferred convert @ Reverse Split to - 21,690,680,000 commons
Current O/S is 471,460,470
Added together = 22,162,140,470
THEN divides by 1200 after split
22,162,140,470 ÷ 1200 = 18,468,450.
Their also keeping the authorized shares 510 million
I'm sure many peeps will want out on Tuesday but just figuring what the new market cap would be at today's close of .0038
0.0038 × 1200 = $4.56
So with the post split O/S being 18,468,450
18,468,450 × $4.56 = Market Cap of $84,216,132
That # could go alot lower on Tuesday, depending on the markets reaction to the news.
GLTY