Replies to post #155243 on Tautachrome Inc (TTCM)

[I-Glow]

In looking at the financials the company is Balance Sheet insolvent.

Assets = $18,830

 Liabilities = $4,913,602

Total Revenue = $33

Losses from Operations = $678,760

Net Loss = $646,758

Accumulated Deficit = $21,388,918.

For all the big talk about the patents they have failed to monetize then.

95-97% of ALL patents fail to be licensed or commercialized.

 "It’s a well-known fact that a vast majority of patents are worthless. Around 97% of all patents never recoup the cost of filing them. That figure has been floating around for years"

That appears to be the case for TTCM.

IG