Tautachrome Inc (TTCM)

[Matt1963]

Name change and Acquisitions Dept. hmm. Let's do a deeper dive.

Prima Facie a name change is the smartest thing they've done for a long time (I would have wholeheartedly recommended this two years ago). Wipe the slate clean. All promises made under the previous company entity become lapsed. RS possible. Dumping of other dubious privately owned technologies and whacky ideas into the listed entity under the auspices of the new BD&A department is also hinted at, so roll up with any ideas you may have.

However, if you read the "Business Description" here:

https://www.otcmarkets.com/stock/TTCM/profile

… one has to wonder whether this is simply another ruse. The taking an off-the-shelf shell company (TTCM) and dumping a business idea into it (ArKnet) so that it can move from the private sector to being listed and thereby take advantage of the capital markets to raise funds (as has already occurred with DLM’s licensed ArkNet tech), replicated for all manner of dross business (and I use the term reservedly) ideas. Sweat the asset, sweat the business model!

Here's another poser. Unless I'm mistaken, TTCM does not as yet own ArkNet. The technology is merely licensed to the parent. So, will the newly named company actually now own ArKnet lock stock and barrel (pending patents and all)? Or will the parent (under another name), merely be a, well, Ark to store licenses and patent applications (of the aforementioned wacky ideas inc.) such that patrons wishing to hold shares merely gamble on share price appreciation due to profit streams from the resident licensed techs, but never hold shares in the actual tech. Heaven knows everything else Tautachome has tried to build into a business has been an abysmal failure. They are sitting on patents for KlickZie that have been bigged up as having value, yet who would buy old technology that's long ago been improved upon and rendered worthless?

Conc. Let's get a serious debate going here about what this company might now become ladies and gents, because you never know if they get the new name right, the objects of the business in order, and completely revamp the top table to add at least one or two serious people with an IQ north of 100, they might actually get lucky one day and stumble upon some tech they can dump into this no-hoper shell and ultimately get bought out for real bunce.