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Monday, August 01, 2022 12:25:28 PM
On 12 May, $TTCM filed an 8-K stating they sent a "cease and disist" notice to Truepic, Inc., accusing patent infringement & granting 30 days to reply.
That was 75 days ago.
Did Truepic reply? Did they not? Did Truepic send flowers & an apology on a neon chocolate sign? Did the CEO of Truepic - Jeffery McGregor - offer to "service" LaMountain for the infringement? Did McGregor demand "servicing" because, like, who the Hell is David LaMountain?
Perhaps $TTCM changed their collective nine & generously gave Truepic 360 days rather than 30 to respond.
We, the shareholders, have no idea, as a follow-up 8-K was never issued. Maybe $TTCM forgot to send the original letter in a timely manner & they are just procrastinating.
Additionally, there was a rumor last week that USPTO approved all Agoras patent applications filed under the title "System & Method for Creating Geo-Located Augmented Reality Communities".
This approval in itself would be pretty big deal, especially seeing as $TTCM dabbles is in the area of augmented reality! However, USPTO approval appears just a rumor, as $TTCM would have filed the highly-technical & extraordinarily-lengthy 8-K report had approval actually occurred, as confirmed approval news would have a positive impact on shareholder value.
It is welcoming to hold shares in a company so eager to practice leanency and accommodation as well as not supporting false rumors ... even hugely positive ones.
$TTCM!
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