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Monday, March 20, 2017 9:24:39 AM
With respect to other work, we announced several weeks ago our discussions with a venture company and a well-regarded investment banking company, regarding their proposal to make bank-funded acquisitions of highly profitable private tech companies in the 20 to 30 million-dollar revenue range, with the goal of up-listing Tautachrome to the NASDAQ in the short term. We have determined to wait on that activity for the following reason. A single acquisition of that size could only work to create a quick up-listing to the NASDAQ if accompanied with a reverse split, which the Company will not do. And multiple acquisitions, which would avoid such a split would take a considerable amount of time and is fraught with risks of its own. Given the progress we are making on all other fronts, we have determined to shelve that project for the time being.
All imo and in my hope, no guarantee that anything that i post/ write will happen! Do your own DD!
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