Monday, January 22, 2018 2:33:19 PM
That is, the SEC is creating things in place to protect investors because the cryptocurrency market is a breeding ground for manipulation and scams. This is just my opinion, but I think the SEC looking at TTCM's KLK is exactly what the SEC said they would be doing: making sure that all cryptocurrency offerings are legit.
I think it's a good thing that the SEC is vetting TTCM's KLK tokens. Don't get me wrong, Leonard and company should have done all their leg work before announcing a token sale date. They did not. Big mistake that shareholder are suffering for today. However, with SEC scrutiny comes a better chance of investor protections, not perfect mind you, but if approved that will mean full SEC vetting has been done.
If Klickzie is actually created and does what they say it can do, I think people will gravitate toward KLK, assuming the SEC approves it. Personally, I think one thing that the SEC is looking at is precisely the Klickzie software. I mean, what do KLK tokens matter if there's no Klickzie that gains popularity.
TTCM should have completed the software, shown proof of function and marketability, then introduced KLK (though I understand that KLK is a way to raise capital to build the company out).
As far as current sentiment on TTCM, many will still hold or buy up at low prices because that's simply the history here. Those who take this SEC-related vetting delay hard, will get out.
At $850 in, you're smart to have taken only a taste of any penny stock, including this one. I don't know how old you are but if you are a good ways from retirement, I highly recommend (if you are not already doing so) consistent, regular dollar cost investing on big board companies. If it's a great company, you continue buying even (especially) during market downturns because it just means you buy more shares for your money.
I wish you the best
“Mankind was my business. The common welfare was my business; charity, mercy, forbearance, benevolence, were all my business. The dealings of my trade were but a drop of water in the comprehensive ocean of my business!"
- Marley's Ghost
Charles Dickens
FEATURED ZenaTech, Inc. (NASDAQ: ZENA) First US Trial of IQ Nano Drone for Inventory Management • Oct 15, 2024 8:21 AM
Mass Megawatts Commences Solar Energy Sales Efforts • MMMW • Oct 16, 2024 7:45 AM
SANUWAVE Health Announces 1-For-375 Reverse Stock Split • SNWV • Oct 16, 2024 7:40 AM
Future Hospitality Ventures Unveils Bold, New AI-Driven Initiative to Revolutionize the $300 Billion Hospitality Market • NGTF • Oct 16, 2024 7:07 AM
Kona Gold Beverages, Inc. Announces Strategic Progress and Corporate Evolution • KGKG • Oct 15, 2024 9:00 AM
One World Products Secures First Order for Hemp-Based Reusable Containers, Pioneers Renewable Materials for the Automotive Industry • OWPC • Oct 15, 2024 8:35 AM