Tautachrome (OTCQB: TTCM) Updates its Fundraising Activities
March 20 2017 - 7:00AM
Tautachrome, Inc. (OTCQB:TTCM) today updated its fundraising
activities and its ongoing discussions with a Fortune 50 company.
In accordance with Tautachrome’s policy of keeping its investors
informed and up to the minute, in this release we highlight our
upcoming activities aimed at generating substantial funding for the
rollout of the Company’s flagship KlickZie technology.
This week we are meeting with an individual who is highly
influential in Silicon Valley for the purpose of guidance and
potential participation in Silicon-Valley-sourced funding from
venture capital firms and from potential KlickZie end users among
the smartphone corporations in phone manufacturing, chip making and
service provision.
Simultaneously we continue our work this week with the first
Fortune 50 company (F50-1) with whom we began working early this
quarter on a concept to implement KlickZie trusted imaging
end-to-end in this giant corporation.
In addition, last week we began to seek a major news outlet that
would wish to be first in the implementation of KlickZie technology
to create an unbeatable trusted news gathering capability. A news
outlet licensing KlickZie can use KlickZie to provide live
trustable feeds from any KlickZie-equipped smartphone. This means
that the network could have thousands perhaps millions of potential
trusted news gatherers all over the world able to stream live
trusted imagery on any event happening anywhere, via the KlickZie
cloud right into the studio. We believe the first news outlet
to implement KlickZie technology will have a significant advantage
over competitors by becoming the network known as broadcasting
“truth as it happens.” Fake news will take a beating when it can no
longer be supported by fake pictures and videos.
With respect to other work, we announced several weeks ago our
discussions with a venture company and a well-regarded investment
banking company, regarding their proposal to make bank-funded
acquisitions of highly profitable private tech companies in the 20
to 30 million-dollar revenue range, with the goal of up-listing
Tautachrome to the NASDAQ in the short term. We have determined to
wait on that activity for the following reason. A single
acquisition of that size could only work to create a quick
up-listing to the NASDAQ if accompanied with a reverse split, which
the Company will not do. And multiple acquisitions, which would
avoid such a split would take a considerable amount of time and is
fraught with risks of its own. Given the progress we are making on
all other fronts, we have determined to shelve that project for the
time being.
We work seven days a week to keep the Company moving in the
right direction creating great opportunities for our shareholders
and the world. We believe that with just one highly significant
deal with the right entity, everything we envision for Tautachrome
will rapidly take place. It is just a matter of time until the
right deal is in place.
One last thing: Tautachrome’s infrastructure is growing.
Starting today, Investor Relations is being performed in house:
David LaMountain, Investor@tautachrome.com.
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
Investor Relations Department
investor@tautachrome.com
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