Tautachrome to Present at the Blockchain Innovation and Investment Summit in Dubai
06 March 2018 - 11:00PM
ORO VALLEY, Ariz., March 06, 2018 (GLOBE NEWSWIRE)
-- Tautachrome, Inc. (OTCQB:TTCM) today announced that in March the
Company will be presenting its KlickZie technology, its KLK
cryptotoken, and its high speed zChain blockchain at the Blockchain
Innovation and Investment Summit in Dubai and will be networking at
the TokenFest Conference in San Francisco just before departing for
Dubai.
The Company is developing its blockchain and
cryptotoken expertise and relationships worldwide with networking
and presentations at two globally attended blockchain events.
On March 19th the Company’s CEO Dr.
Jon N Leonard together with Sergey Bushnyak, CTO of Kelecorix,
Inc., Tautachrome’s blockchain development partner, will be
speaking at the Blockchain Innovation and Investment Summit
(Blockchain Investment Summit) in Dubai. Dr. Jon and will speak on
KlickZie’s patented trusted imaging technology and the image
ecosystem based on the KLK cryptotoken transaction medium. Sergey
will speak on KlickZie’s zChain high speed blockchain
architecture.
Just prior to the Summit on March 15 and 16 Dr.
Jon and David LaMountain, the Company’s director of Social Media
and Investor Relations, will be networking with the investment and
technology participants in the first ever TokenFest (TokenFest link
here) being held in San Francisco. Dr. Jon said today “These are
exciting times for Tautachrome. Blockchain technology is a global
happening of enormous proportion, and has come along at just the
right time for KlickZie with the means for supporting a global
image-based KLK ecosystem. It is my goal going forward to give more
frequent updates to our investors via press releases at a rate of a
release every 2 weeks or so.”
The Company’s KLK cryptotoken
sale
As previously announced with regard to the
Company’s recently proposed public offering of its KlickZie branded
KLK cryptotokens, the SEC has taken the position that the KLK
cryptotokens are securities and therefore any public offering of
the KLK cryptotokens must be registered under the Securities Act of
1933. The Company is grateful to the SEC for its guidance in this
matter and is presently working with its advisors to ensure the
proposed offering is in compliance with applicable securities
laws.
The Company intends to offer its KLK
cryptotokens to the public in an offering to be registered under
the Securities Act of 1933, for the purpose of raising up to $100
million in proceeds to further develop our KlickZie trusted imaging
technology and our KlickZie high speed zChain blockchain in support
of a KLK-based crypto transaction ecosystem. The Company
currently plans to effect the proposed offering through a KLK token
website managed by the Company. All purchases on the KLK token
website will be paid for in Ethereum’s “ether” cryptocoins.
The proposed offering will take place as soon as
practicable upon effectiveness of a registration statement to be
filed with the SEC. We can give no assurance that the
registration statement will ever be effective or that the proposed
offering will take place as anticipated or at all.
This press release does not constitute an offer
to sell or a solicitation of an offer to buy any securities, nor
will there be any offer, solicitation or sale of securities, in any
state or jurisdiction in which such offer, solicitation or sale
would be unlawful prior to registration or qualification under the
securities laws of any state or jurisdiction.
About Tautachrome, Inc. Tautachrome, Inc.
(OTCQB:TTCM) is an emerging growth company in both the
blockchain/crypto-currency sector and the smartphone picture and
video technology sector. Tautachrome has high-speed blockchain
concepts under development aiming to couple with the Company’s
revolutionary patents in smartphone-image authentication and
imagery-based social networking interaction.
Forward-Looking Statements: 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, risks of managing growth, governmental regulatory
risks, technology development risks, schedule slippage risks ,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.
Tautachrome, Inc. +1
520 318 5578
Investor
relations investor@tautachrome.com
A photo accompanying this announcement is available at
http://www.globenewswire.com/NewsRoom/AttachmentNg/3bc52869-1c62-4e47-bb05-4d18c5b41105
A photo accompanying this announcement is available at
http://www.globenewswire.com/NewsRoom/AttachmentNg/0c483435-5e60-4b18-a9b4-ace3bf9b9efa
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