New to this board. TTCM looks interesting. I'm still checking out their image authentication technology.
Nice to see:
Finances are audited
No reverse splits in their history
Retiring of some shares
Upgrade from Pinksheets to OTCQB
Little if any shorting (thus a positive sentiment on the stock)
Patent approval work going on
Very nice chart
In short, management seems to do what it says and not just the typical pennyland promises with no deliveries.
If this is real and patent is fully approved and marketing moves forward, they could well be gobled up by a big player like SnapChat, Google....?
However, they have no cash and nearly 3/4 mil in debt (alot for a tiny startup).
How then are they running operations, paying patent lawyers, etc., without ongoing share dilution financing?
I'm also concerned with the monstrous AS as well as huge OS, which when combined with historic ongoing dilution is almost always a bad thing for retail investors who always get the short end of the stick in the form of loss of share value and a likely reverse spilt in the future. I don't KNOW that a RS will happen for sure, but the track record of penny stocks in such a pattern is notoriously bad for retail investors.
As I said, I'm new to this board and still researching, so please forgive me if I've said anything that's inaccurate. I'm happy to be corrected and better informed.
I do hope this is the real deal and I will continue to watch it with interest.
No position.
GL