Tautachrome (OCTQB: TTCM) Issues Letter to Shareholders on Achievements, 2017 Goals
January 04 2017 - 7:15AM
Dear Tautachrome Shareholders:
Last year was amazing for your Company with the achievement of
many important milestones and overcoming complex issues that made
us stronger and better. Several management changes were made in the
Company to streamline and strengthen our operations. Our new team
is world class and promises a fantastic 2017.
A major milestone was achieved last month when the Company
up-listed to the OTCQB trading market, moving us up and out of the
crowded and sometimes controversial OTC Pink marketplace. This
up-listing is not a common achievement. The great majority of
companies that trade in the OTC Pinks spend the rest of their
corporate lives there.
We view our up-listing to the OTCQB trading market as the first
step towards our eventual goal of listing our shares on one of the
national stock exchanges such as the NASDAQ.
Company management has committed itself to keeping our investors
fully informed. Last quarter we launched a social media presence
with continuous Company-information flows on Facebook, Twitter and
Instagram. And we significantly increased the publication rate of
press releases announcing our intentions and actions.
In 2017, aiming to grow Company value and stock liquidity, we
will continue our investor relations activities telling the
Tautachrome story to potential investors and raising public
awareness of how our flagship KlickZie technology
will beneficially affect users across the globe.
Our principal shareholders have shown their long-term commitment
to Tautachrome and its revolutionary KlickZie
technology by cutting the Company’s outstanding shares almost in
half by retiring two thirds of their own common share holdings in
exchange for non-trading preferred shares with a long five-year
holding period. This action has had a strengthening effect on share
price, rising by a factor of ten from last September’s low price
just before our announcement of the intended share retirement, to
its price on December 21, 2016, the day we announced the completion
of the share retirement.
We ended 2016 with all of our authentication patent claims being
allowed by the U.S. Patent Office. These are the central claims in
the Company’s KlickZie technology that provides
for the automatic authentication of the videos and photos that flow
out of the world’s smartphones. The patent resulting from
this allowance is expected to publish and issue in a matter of
weeks. Claims related to secure image-capture in the smartphones,
and claims covering further inventive features and aspects of
authentication, will be pursued with one or two continuation or
divisional applications in the coming months, and will enjoy the
same effective original filing date as the patent just allowed.
Tautachrome is the only company in the world with patent claims
dedicated to allowing billions of people around the world --all the
users of smartphones -- to make pictures and videos, as a normal
course of their picture making, that, with evidence-grade reliably,
can be authenticated and trusted by any third party anywhere else
in the world.
With these allowed patent claims and our continuing patent work,
we expect 2017 to bring partners, licensing revenues, additional
public awareness, and appreciating share value and liquidity for
our investors. Patents of this nature sometimes bring attention
from the largest technology companies. We welcome such attention
and will meet with all those interested.
In the last weeks of 2016 we began working very hard in
developing a KlickZie technology relationship with
a giant Fortune 50 company. The implementation of
KlickZie technology in this Fortune 50 company
would give it a large payoff, both in terms of enhancing its public
image and in terms of accelerating the growth of its already giant
revenue. We hope and expect that success with this company would
engender other successes. Work with this company is still early. If
we achieve the success we seek, we will, of course, make a public
announcement at that time.
KlickZie technology is uniquely suited to
address the recent plague of “fake news.” We believe that sooner or
later our technology will be used by all the media giants to play a
key role in bringing trustability back to their newsfeeds.
We look forward to an amazing 2017, fully energized, and fully
intending to achieve our goals and objectives.
Dr. Jon N Leonard Chief Executive Officer
About Tautachrome, Inc.
Tautachrome, Inc. (OTCQB:TTCM) is an emerging growth company in
the developing digital imagery technology sector. Tautachrome has
revolutionary smartphone-image authentication allowed patent claims
and breakthrough patents pending, including Talk-to-the-Picture
social networking and trustable imagery-based interaction.
Forward-Looking Statements: Statements
made in this press release are forward-looking and are made
pursuant to the safe harbor provisions of the Securities Litigation
Reform Act of 1995. Risk factors that could cause actual results to
differ materially from those projected in forward-looking
statements include, but are not limited to, general business
conditions, managing growth, and political and other business
risks. All forward-looking statements are expressly qualified in
their entirety by this paragraph and the risks and other factors
detailed in Tautachrome's reports filed with the Securities and
Exchange Commission. Tautachrome undertakes no duty to update these
forward-looking statements.
Contact: Tautachrome, Inc.
520.318.5578
Web: www.tautachrome.com
Paul Knopick
pknopick@eandecommunications.com
Tautachrome (CE) (USOTC:TTCM)
Historical Stock Chart
From Mar 2024 to Apr 2024
Tautachrome (CE) (USOTC:TTCM)
Historical Stock Chart
From Apr 2023 to Apr 2024