Sunday, July 14, 2019 11:29:19 AM
This second reduction in shares authorized brings our share count down to 4.5 billion. We would like to again state that we have no plans or intentions of conducting a reverse split of Tautachrome stock now or in the future.
Five Hundred Million Reduction in the Authorized Share Count
In March the company increased its authorized shares from 4 billion to 6 billion in order to accommodate reserve requirements that we were obligated to fulfill. Last month we announced the reduction in authorized shares from 6 billion to 5 billion. Tautachrome is pleased to announce that a further reduction of 500 million authorized shares is in process. This will be noted by the Secretary of State of Delaware and by our transfer agent in due time. This second reduction in shares authorized brings our share count down to 4.5 billion. We would like to again state that we have no plans or intentions of conducting a reverse split of Tautachrome stock now or in the future.
https://finance.yahoo.com/news/tautachrome-otc-ttcm-announces-public-133000009.html
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