Monday, March 20, 2017 9:54:15 AM
WOW - why am I not surprised TTCM is
scrapping the phoney Aquisitions Strategy
it pumped on Facebook only 11 days ago -
March 9, 2017:
" 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. "
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