FDA Targets Hims & Hers Over $49 Weight-Loss Pill, Raising Legal and Safety Concerns 
OpenAI Expands Enterprise AI Strategy With Major Hiring Push Ahead of New Business Offering 
Missouri Judge Dismisses Lawsuit Challenging Starbucks’ Diversity and Inclusion Policies 
Taiwan Says Moving 40% of Semiconductor Production to the U.S. Is Impossible 
Indian Refiners Scale Back Russian Oil Imports as U.S.-India Trade Deal Advances 
Prudential Financial Reports Higher Q4 Profit on Strong Underwriting and Investment Gains 
Innovent Biologics Shares Rally on New Eli Lilly Oncology and Immunology Deal 
Samsung Electronics Shares Jump on HBM4 Mass Production Report 
SpaceX Prioritizes Moon Mission Before Mars as Starship Development Accelerates 
Rio Tinto Shares Hit Record High After Ending Glencore Merger Talks 
American Airlines CEO to Meet Pilots Union Amid Storm Response and Financial Concerns 
Amazon Stock Rebounds After Earnings as $200B Capex Plan Sparks AI Spending Debate 
Washington Post Publisher Will Lewis Steps Down After Layoffs 
Weight-Loss Drug Ads Take Over the Super Bowl as Pharma Embraces Direct-to-Consumer Marketing 
Sony Q3 Profit Jumps on Gaming and Image Sensors, Full-Year Outlook Raised 
Kroger Set to Name Former Walmart Executive Greg Foran as Next CEO 
Nvidia CEO Jensen Huang Says AI Investment Boom Is Just Beginning as NVDA Shares Surge 
ORO VALLEY, Ariz., Oct. 06, 2016 -- Tautachrome, Inc. (OTC-PINK:TTCM) today announced that its Board of Directors in a meeting held yesterday unanimously approved the proposal received last week from its principal shareholders.
Patrick Greene, Tautachrome’s Executive Vice president announced today that a meeting of the Board of Directors was held yesterday to consider the proposal received last week from three of the Company’s principal shareholders, Dr. Jon N. Leonard, Micheal P. Nugent, and Matthew W. Staker that would reduce the Company’s issued and outstanding common shares by exchanging a substantial portion of their own common shares for a new series of non-trading preferred shares designated Series D Preferred Stock.
After the meeting, Mr. Greene stated, “The Board considered the merits of the shareholders’ offer and the establishment of the new Series D Preferred stock, and voted unanimously to accept the offer. This action by the major shareholders of the Company signals their long term commitment to Tautachrome and its flagship KlickZie technology. We think this action will have lasting benefit to the Company.”
About Tautachrome, Inc.
Tautachrome, Inc. (OTC-PINK:TTCM) is an emerging growth company in the developing digital imagery technology sector. Tautachrome is an Internet technology development company with operations in America and Australia. Tautachrome has revolutionary patents pending, including Talk-to-the-Picture social networking and trustable imagery-based interaction.
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
