Tautachrome Inc (TTCM)

[MOangler]

Shares for Debt?? Nobody wants to bring it up so I guess I will.

To me the lid at .03 resembles the tactic used to contain MVWAP as part of a shares-for-debt exchange deal. And the debt holder is converting the debt into TTCM shares.

Why now? This might be the last chance for a debt holder to maximize the number of shares owed them by the company. Putting a lid on the ask is definitely throttling the SP on what should have been a big day (even with patent news cooked into the SP).

If this was a carryover deal (Pre-RM), it is beyond the company's control. If there was a conversion wait period, and it is over, the lender is cleared to convert and the company must issue them the shares.

If indeed this is what is occurring, it does not seem that those shares are hitting the market (or MVWAP calculation period is not over and shares have yet to be exchanged) because the trading range is very narrow and volume is really low.

IMHO if my opinion is correct, once the converting is done, there will be no need to suppress the SP and the top is going to blow off.

If I am right, hopefully the lender holds their shares and allows the SP to run. Get the volume up and the lender can sell into it without overly diluting share value.

FWIW. Before clobbering me for my opinion, I have been here since the RM and am here for the long haul.

All of the above is IMHO. No more no less.