Business
TAUTACHROME Inc. Updates its activities, patent status and legal proceedings
TAUTACHROME Inc. Updates its activities, patent status and legal proceedings.
About this update from Tautachrome Inc.
[{"type":"text","content":"\n\n ORO VALLEY, Ariz., May 12, 2017 (GLOBE NEWSWIRE) -- Tautachrome, Inc. (OTCQB:TTCM), a developer of software applications for trustable and engageable digital pictures and videos, today announced an update and clarification of its activities, its patent status, and legal proceedings to which Tautachrome or its property is the subject.\n Activities. Our top priority has been our work to develop a program with a Fortune 50 company (code named F50-1). In this regard, we have produced booklets for them, detailing how KlickZie technology will be applied throughout their company to grow their market share, increase their bottom-line, and benefit their public perception and brand recognition. These booklets have been provided to each F50-1 board member for review. We estimate the implementation of KlickZie technology across F50-1 to be an investment of nearly a billion dollars. As with any big company, it will take F50-1 some time to review an implementation of this magnitude, not just from the perspective of cost, but also from the perspective of process development and the re-training of its giant, global workforce. Implementation of KlickZie in F50-1 by Tautachrome would not only be a important project for us, but it could serve to finance the development and rollout of KlickZie for our global consumer market as well. In addition to F50-1 we have identified four additional large companies for KlickZie implementation.  Some of these companies are Fortune 50, some are not. The KlickZie timeline depends on financing. In addition to our strategy of implementing KlickZie into a large company where implementation would provide a big payoff worth the investment, we have plans to meet with other investors who are able to help with venture capital financing. As a company, our infrastructure has been re-vitalized, our patents are underway, and we have identified where the KlickZie development will take place, and the team we will put in place. So therefore, the only thing left to do is ink a deal that would be of significant value to the company and its shareholders. We are confident that the time is approaching. Patents. Our patents (one granted last quarter, three pending) are aimed at giving us control of the business arena that will develop from trustable and engageable pictures and videos. The value of a patent shows up whe...