Can'tSparTheGhost
1 week ago
Tautachromeβs Strategic Overhaul: Leadership and Asset Restructuring
TipRanks
Tue, December 24, 2024 at 3:59 PM CST 1 min read
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TTCM
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https://www.tipranks.com/news/company-announcements/tautachromes-strategic-overhaul-leadership-and-asset-restructuring
Tautachrome ( (TTCM) ) has provided an update.
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Tautachrome has undertaken a series of strategic changes including the appointment of Bobbi Martin as Chief Financial Officer and Director, and Gregory L. Carter to the Board of Directors. A reverse stock split was executed, consolidating 50 shares into one and reducing the total authorized shares to 500,000,000. Additionally, Tautachrome has engaged Vstock Transfer, Inc. as the Transfer Agent and various legal and investment advisors to assist in their operations. The company has also cancelled an exclusive licensing agreement, significantly reducing its intangible assets, while replacing the PXR Platforms with a trade secret AI Visual Thesauri valued at over $5 billion, indicating a strategic shift in its asset base.
$TTCM💎🎅🎄
E A
1 week ago
Using the 8-K from yesterday the company updated the share info
The outstanding shares was 8,893,590,600 and
authorized shares was 25 Billion.
On December 18, 2024, the Company effected the announced planned reverse stock split of 50 existing shares for one new share of Common Stock. The Companyβs authorized Common Stock was reduced to 500,000,000. As a result of the reverse stock split, the outstanding Common Stock is approximately 177,871,812 shares.