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Sunday, December 03, 2017 11:32:17 PM
500M Cryptotoken X 0.3$= 150M$*
100M Cryptotoken X 0.3$= 30M$
Tautachrome, Inc. (OTCQB:TTCM) today announced that it has set January 16, 2018 as the Record Date for the distribution of twenty five percent of the 100,000,000 KLK cryptotoken award that the Company has reserved for pro-rata distribution to its common shareholders and its convertible promissory noteholders.
Each offering will remain active for a set time, nominally 30 days, or until our funding goal is achieved. Our total funding goal is $150 million. We will continue KLK sales into additional offerings if the four planned offerings fail to achieve the total funding goal, and the offerings may be discontinued early if our total funding goal is achieved early.
KLKs will be priced in the offering(s) to achieve the best price per KLK. This could result in our funding goal being achieved early; before the 500,000,000 KLKs are sold. In that event the Company retains the right to sell more KLKs to achieve greater funding than its total funding goal, the right to “burn” unsold KLKs, or the right to any other disposition of the KLKs that it judges to be in the best interests of the Company, its stakeholders, and the KLK ecosystem and its users.
*If all 500,000,000 KLKs were to be sold to achieve the funding goal, the average price of each KLK sold would be 30 cents. But if our funding goal is achieved with the sale of fewer than 500,000,000 KLKs, then the average price per KLK would be higher than 30 cents.
As announced earlier this week, the Company’s KLK cryptotoken sale will be carried out in several offerings during 2018, nominally four such offerings. The Company plans to distribute the balance of the 100,000,000 KLK cryptotoken award to its common shareholders and its convertible promissory noteholders roughly in synchrony with these planned offerings, with the entire 100,000,000 KLK cryptotoken award finished with the final offering. A new Record Date will be set for each distribution.
https://ih.advfn.com/p.php?pid=nmona&article=76214267
https://ih.advfn.com/p.php?pid=nmona&article=76191702
All imo and in my hope, no guarantee that anything that i post/ write will happen! Do your own DD!
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