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littlejohn

02/13/14 12:14 AM

#4394 RE: nsomniyak #4393

Most of the small companies filing 15-15D

or 15G filings probably don't worry about a 3 year

period prior if they lost companies previously owned

due to financial conditions or had to sell them...

DTTO filed on 06-06-11 for 15-15D filing...

Last 8-K filing prior to that was 08-28-07...

So between 08-28-07 and 06-05-08 the company

could have lost WhiteCanyon and not had to disclose

it in 3 year window prior to 15-??? filing of 06-06-11...

Up until the 04-16-07 8-K filing the ownership

of WhiteCanyon by Detto was clear and disclosed...

http://www.otcmarkets.com/edgar/GetFilingHtml?FilingID=5103260

The 05-03-06 amendment in the 8-K is simple...

NOTE 9 - SUBSEQUENT EVENTS

Modification of Purchase Agreement with Detto Technologies, Inc.

On May 3, 2006, the Company modified its agreements previously reached in November 18, 2005. Detto reduced its total cash commitment by $500,000 and increased the total number of common stock in the shared purchase agreement by 2,000,000 shares. This removed any rights that WhiteCanyon, Inc. or ChannelAccess, Inc. and their respective former sole shareholders had to rescind the acquisition agreement. In addition, the modified agreement called for the annual base salary of the employment agreement to increase to an $70,000 annual base salary through with additional income for a 30% earn-out clause through December 31, 2007.


A public company can own other public companies

and other private companies or a combination of them...

Past public or private wouldn't matter...

What have you done for me lately does matter

to public shareholders though...LJ

EDIT...the name of an employee of both companies

and both companies still sharing similar addresses

at the time of the 15-15D filing highlights more

disclosure of an asset needed within a prior 3 year

period, IMO...




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littlejohn

05/14/14 2:24 AM

#4396 RE: nsomniyak #4393

Let me hook you up with some Sam.gov

info on WhiteCanyon Software...

https://www.sam.gov/portal/public/SAM/?portal:componentId=212add51-936b-498e-8cb0-44cabcbae235&portal:type=action&navigationalstate=JBPNS_rO0ABXdcACJqYXZheC5mYWNlcy5wb3J0bGV0YnJpZGdlLlNUQVRFX0lEAAAAAQApdmlldzoyMzRlMWI2NS01ZmJkLTRkZWYtODhiMi0xODAyYmE2NWIzOTgAB19fRU9GX18*&interactionstate=JBPNS_rO0ABXdGABBfanNmQnJpZGdlVmlld0lkAAAAAQAlL2pzZi9lbnRpdHlTZWFyY2gvZW50aXR5U2VhcmNoTmF2LmpzcAAHX19FT0ZfXw**#1

The t/a has given me the low float # before...

And DTTO bot WhiteCanyon in 2005 or so...

And the share count rose somewhat after that

purchase deal related to WhiteCanyon...

Now its hard to take a large restricted share

count rise along with that as a coincidence...

But unless Nate updates and says DTTO is doing

biz via WhiteCanyon we are still in dark mode...LJ



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littlejohn

03/05/15 3:23 AM

#4418 RE: nsomniyak #4393

Its possible that DTTO may have owned

the base patent behind SecureClean in

their Intellimover product...SecureClean

is a product on WC website...

Not sure how the WipeDrive product fits

with the past acquisition dates of WhiteCanyon

by DTTO around 2008 or so time frame...

But it is possible that the DTTO shell

could be for sale and may have been for

a few years...

It seems that some may have wanted to strip

mine WhiteCanyon on the dark side and then

just sell off the shell...

Karma could have caught up with them...

They may have squandered their private

investor money for WC while trying overseas

expansion for a year or so...

And neglected their US homefront during

that time period...

Because they don't show appearances of

keeping their State registration for WC

up to date...or hadn't very recently...

And that could be a sign of a money thingy...

So if they went overboard with WC and are

underwater then anyone with a shell stake

at current levels still may not be in deep

distress if a new buyer comes along...LJ