Tautachrome Inc (TTCM)

[Killmaster0071]

https://ih.advfn.com/stock-market/USOTC/tautachrome-pk-TTCM/stock-news/89771363/current-report-filing-8-k

" In action taken December 12, 2022, David LaMountain, the Company’s CEO, retired 43,177,151 of his shares of the Company’s common stock, returning them to the Company’s treasury, in exchange for 431,771 shares of vote preserving, but non-tradable Series G preferred shares of the Company.
In a statement today, Mr. LaMountain said “I’ve been a shareholder of the Company for many years and am in this amazing Company for the long haul. I have no intention of selling my Company shares any time soon and want every other shareholder to know that. For this reason, I’ve had the Company create a series of off-market preferred shares, that are specifically aimed at removing tradable common shares from the market in exchange for vote-preserving but nontrading preferred shares, with no other special preferences. I have acted to use these myself.”
These off-market preferred shares are designated the Series G Preferred Shares and are described in the Certificate of Designations therefor filed with the Corporations Division of the State of Delaware, which certificate is attached hereto as Exhibit 10.01".