Tautachrome Inc (TTCM)

[E A]

In no way can the langue used in any filing indicated when an appraisal was done. TTCM/El Dorado is able to provide the date that can be confirmed by Penelope A. Dixon and Associates.

“El Dorado Family Group, Ltd., and its subsidiaries, doing business as “Regal Photo Archive” and “Red Alert Media Matrix” (collectively, “Licensor”) has a collection of several million photographic images from newspapers, over 4,100 hours of television programming, and more than 1,000 video clips (the “Media Assets”). The Media Assets are all originals and can never be replaced. Penelope A. Dixon and Associates, inc., a leading appraiser of documentary art determined the maximum insurable valueof the Media Assets to be $514,441,340.66.”

“At all times, the Media Assets shall remain the sole property of the Licensor. However, the Licensee may at any time purchase the Media Assets by satisfying any liens and or liabilities secured by, and or associated with, the Media Assets. Such liens and or liabilities are estimated to be less than $100,000,000, thereby constituting a bargain price purchase option.”

“Licensor considers the fair value of this Grant and the Securities received to be $514,441,340.00.”


•No date provided in any filing for the appraisal
• Maximum insurable value is what is stated for the appraisal (not the same as fair value)
•There are liens and or liabilities on the assets already

However, they are claiming the “fair value” is the same as the stated “maximum insurance value” even with the liens on them and without providing a date of the appraisal.