Tautachrome Inc (TTCM)

[Chronic The Hemp Hog]

There is dilution just not as much as many other OTC stocks.

During the year ended December 31, 2017, we issued 8,493,243 common shares to convert $49,249 of convertible notes payable, and $4,916 in accrued interest, to common stock.

Also during the year ended December 31, 2017, we issued 6,700,000 common shares to four consultants for services. We valued the shares at their grant date fair values, charging general and administrative expenses with $84,329.

During the three months ended March 31, 2018, we issued 1,996,331 shares in conversion of an outstanding convertible promissory note. We recorded a reduction of the balance of this note of $10,000 and $1,155 of principal and interest, respectively. We recognized no gain or loss on their conversions as they were converted within the terms of conversion.

Also during the three months ended March 31, 2018, we issued 15,000,000 shares as an equity incentive to a creditor (see Note 6) . We valued the shares at their grant-date fair values and recorded a discount on that debt of $127,500.

So that was $133,578 or 15,193,000 shares in 2017 that had to get eaten up and so far in 2018 we have 16,996,331 or $137,500. It still creates downward pressure on a stock that is having trouble gaining any momentum.