TAUTACHROME Inc. Discloses lawsuit by former consultant to Click Evidence, Inc.
April 14 2017 - 8:30AM
Tautachrome, Inc. (OTCQB:TTCM) today announced that a former
consultant to Click Evidence, Inc. has filed suit against the
Company.
As is always the policy of Tautachrome, we wish to be
transparent with our shareholders. In that frame of mind, the
Company would like to update our shareholders on recent events.
In January, a lawsuit was brought against the Company by a
former consultant to Click Evidence, Inc., based on
compensation-claims the consultant has made related to the merger
on May 21, 2015 of Click with Tautachrome (at which time
Tautachrome was operating under its former name Roadships Holdings,
Inc.).
The Company is vigorously defending itself against this action.
A motion to dismiss the claims is now before the court.
In a separate but related matter Eric McRae, the Company’s
Business Operations Manager, stated, “We have seen certain
commentators on the I-Hub blog site use false information about the
lawsuit and other Company matters to launch attacks aimed at
damaging the Company. These commentators are stock manipulators
known as bashers who hide their identities behind I-Hub aliases. It
is the view of the Company that actual shareholder support from our
mainstream investors is very strong and that recent share price
slippage is due to the manipulation directly associated with these
I-Hub bashers.”
On the same topic, Dr Jon N Leonard the Company’s CEO stated:
“Our job is building the Company. I believe that if we take care of
the Company, the Company will take care of the share price.”
About Tautachrome, Inc.
Tautachrome, Inc. (OTCQB:TTCM) is an emerging growth company in
the developing digital imagery technology sector. Tautachrome is an
Internet technology development company. Tautachrome has
revolutionary issued patent claims and three patents pending,
including Talk-to-the-Picture social networking and trustable
imagery-based interactions.
Safe Harbor Statement 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.
Tel: +1 520 318 5578
Web: www.tautachrome.com
Investor relations
investor@tautachrome.com
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