Replies to post #68236 on Tautachrome Inc (TTCM)

[Homebrew]

TTCM = Vaporware.

[GreenMan]

https://www.facebook.com/Tautachrome/?ref=br_rs
Tautachrome Inc
15 hrs ·
Tautachrome CEO Dr. Jon Leonard made the following statement today in regards to our KLK token: $TTCM

“The SEC has taken an interest in Tautachrome’s KLK token, causing us to delay our planned mid-January first KLK token sale for further discussions. After further discussions on Friday with leadership in the SEC’s cryptocurrency task force we have decided to push the first KLK token sale off while we continue discussions with SEC leadership. We expect to be able to provide further detail on our KLK Token sales plans towards the end of next month, but so long as we are in active discussion with the SEC, we can give no assurances that this will be the case.”

I have not posted on this board in a long time because I decided over a year ago that TTCM would be my last penny stock trade, simply because the regular dollar cost averaging investing that my wife and I have been doing consistently every month in big board companies for the last 25 years has been and continues to be the real way to make money in the stock market. Of course 25 years slow but sure is not nearly attractive to many as get rich quick hopes that the penny stock market attracts.

Having said that, I still own some TTCM shares though it only makes up a little less than 1% of our overall investment portfolio. And because I have so relatively little riding on it, I have decided to continue to hold it to see if all patents are approved and they really come up with an actual app that does everything the Tautachrome website has been saying it will do. Other than that, I don't even follow penny stocks any more. Way better to stay with the big board stalwarts.

IMO no one should put real money on penny stocks (certainly money they can't afford to lose) because it is simply too risky a venue, and I have known many persons on penny stock boards who put everything they have in the pennies hoping to hit a lotto win and instead lost big.

The Klickzie idea / patents remain intriguing to me, but the leadership has really struggled to make it a market reality. On one level, I can forgive some mistakes in the real attempts to start a new business / technology. It would be far better if they under promise and over deliver. The focus should be on getting the tech out there to work flawlessly. KLK is simply a way to fund it, and cryptocurrency is here to stay. Indeed a new company has emerged to give ratings to cryptocurrencies with daily grades from A to F because many agree that cryptocurrency is not going away.

So, I don't find KLK to automatically be a bad idea, but it really needed to be thought out and executed well before any deadlines where given -- all the SEC stuff should have been resolved THEN announcements made.

Their last Facebook post indicates they really don't know how long it will be before they can move forward with KLK Token sales, though they say development of the Klickzie app continues.

So, I can continue to hold TTCM but only because I can well afford to, and if pans out in the months ahead, great. If it doesn't, it is and will remain my last penny stock. Just found too many better ways to make money.

Good luck to those who decide to hold. The one thing I haven't done is to increase my position. TTCM ust prove to me they are worth putting more $ into and for that they must achieve benchmarks I'm waiting for. The rest of my investment $ goes to profitable billion dollar money machines.