Tautachrome Inc (OTCMKTS:TTCM) shares were up 27.27% on Monday to $0.0140 and were flat in after-hours trading. Share prices have been trading in a 52-week range of $0.00 to $0.04. The company has a market cap of $27.18 million at 3.00 billion shares outstanding.
Tautachrome Inc is a company that is operates in the Internet applications space, pursuing three avenues of business activity: KlickZie technology-based business development and monetization; Smartphone application development and digital design, and acquisition of revenue-generating smartphone applications. It was formerly known as Roadships Holdings, Inc.
Its KlickZie Activation Platform will enable consumers to download KlickZie’s free camera upgrade software into their mobile device, which thereafter activates the pictures and videos taken by their device using KlickZie technology. The Smartphone application development and digital design business activity will be conducted by Polybia Studios, Pty Ltd. The Company’s Appquisitions Division is created as a vehicle to acquire revenue-generating smartphone applications. Its PhotoSweep is an application that lets users select photos from their smartphone photo albums, and have them printed and sent to addresses of their choosing.
In a press release, Tautachrome Inc announced the appointment of Eric McRae to the newly created position of Business Operations Manager. As such, he will be managing the day to day business activities of the company and be responsible for the financial controls while participating in strategic planning.
Mr. McRae is a committed Tautachrome investor as well as a tenacious businessman. Eric and I have discussed the Company’s business operations requirements extensively over many weeks and I am persuaded he will be a significant asset to the Company in this new position and in related responsibilities,” stated Dr. Jon N Leonard, Tautachrome Inc CEO.
He added that the immediate objectives of Tautachrome Inc are to secure necessary capital, increase shareholder value and improve investor awareness. In line with this, the company is preparing tailored and customized trusted imaging material aimed at a specific large US company. This company has deep and global reach and with a highest requirement for trusted imaging capability. Tautachrome Inc has also activated investor awareness programs to keep shareholders in the loop about company updates.
I am pleased to work with Dr. Leonard in moving Tautachrome and its fabulous KlickZie technology forward and into market. I view this opportunity as the chance of a lifetime for me personally and am thrilled to be part of an endeavor aimed at changing the way people on earth communicate with imagery,” remarked newly-appointed Business Operations Manager Eric McRae.
Stock prices of Tautachrome Inc are still treading sideways on the short-term charts but it appears to have found support at the area of interest near $0.010. The recent moves could lift prices up to the top of the short-term range at $0.020 if optimism stays in play, possibly even leading to a climb to the next resistance at $0.030-$0.035. Volume has spiked in late August onto early November but has been subdued recently, as investors are likely holding out for more company updates.
DISCLAIMER: There is a substantial risk of loss with any speculative asset, especially small cap stocks. The opinions expressed are those of the author, and do not constitute recommendations to buy or sell a stock. Do your own research before committing capital.
