Tautachrome Inc (TTCM)

[Matt1963]

I tend to agree with a lot of what you say, however, I do wonder what the point of this exercise is:

"I can't help be think the three Georgians planned what has happened and the possibility of taking the company private is a realistic proposition, Which would cancel all shares and debt and they could then go public again within a couple of years. Although Red Alert Group are still private so your guess is as good as mine... The only winners will be the board and past board who must have known what was in the works all along.."

Why even bother ((unless you're saying that because their plan to use TTCM as the vehicle to pump the SP (based on fictitious asset valuations) and then sell shares was thwarted, that's the reason to find another otherwise useless "investment" vehicle to push this strategy through))? Surely now, they just let the license arrangement (tee hee hee) with TTCM lapse (or indeed, if non-exclusive, continue in perpetuity and die with this dead duck) and then license their huge $3bn asset to another shell company (or companies) and extract their money from the public markets that way. Sooner or later they'll find mug punters to buy shares in this worthless archive of restored images that no one wants to buy due to similar likenesses being in abundance elsewhere at minimal if any cost.

Nonetheless, I had also hinted in a previous post, that moving on to another listed shell entity to suck dry, would be the logical next step.

PS all the ARtelligence info seems to hint that TTCM is already a gone case, am I wrong?