ORO VALLEY, Ariz., Dec. 05, 2017 (GLOBE NEWSWIRE) -- Tautachrome, Inc. (OTCQB:TTCM) today announced that it will distribute a 20% KLK cryptotoken bonus to existing shareholders who double their ownership of TTCM shares during the time period November 30, 2017 to January 16. 2018, the Record Date for the Company’s first distribution of KLK cryptotokens to its common shareholders. To shareholders who do NOT double their shareholdings during the time period November 30, 2017 to January 16. 2018, but who DO own one million or more shares on the January 16, 2018 Record Date, the Company will distribute a 10% KLK cryptotoken bonus during the Company’s first distribution of KLK cryptotokens to its common shareholders.
As announced twice last week, the Company’s KLK cryptotoken sale is planned to be carried out in several offerings during 2018, nominally four such offerings. As also announced, the Company has reserved 100,000,000 KLK cryptotokens to distribute to its common shareholders and its convertible promissory noteholders roughly in synchrony with these four planned offerings, with a 25% chunk of the 100,000,000 cryptotokens distributed to shareholders who are “of record on the Record date” of January 16, 2018, and the balance of the 100,000,000 distributed in similar chunks to shareholders who are “of record” on subsequent Record Dates. A new Record Date will be set for each distribution.
The Company’s CEO, Dr. Jon N Leonard said today “Let me reiterate what I said in our press release last Friday: The more common shares a shareholder owns on each Record Date, the more KLK currency the shareholder will receive in the distribution associated with that Record date.” He went on to say “Today’s announcement is to encourage additional shareholder financial participation in the Company. I believe that a strong and committed shareholder base will be an asset to the effective development of the KlickZie imagery ecosystem that will be built on the KLK cryptotoken. We are committed to building a strong crypto currency based on real world global activity in everyday imagery, that will be spent on all-things KlickZie, as well as a deposit of wealth that will be used for all things human.”
About Tautachrome
Tautachrome, Inc. (OTCQB: TTCM) is an emerging growth company in the smartphone imagery technology sector. Tautachrome has revolutionary already-issued trusted imagery patent claims, already approved and soon to be issued Talk-to-the-Picture social networking patent claims, and three patents pending containing further Talk-to-the-Picture social networking claims and further trustable imagery claims.
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