ORO VALLEY, Ariz., April 14, 2017 (GLOBE NEWSWIRE) -- Tautachrome, Inc. (OTCQB:TTCM) today announced that a former consultant to Click Evidence, Inc. has filed suit against the Company.
As is always the policy of Tautachrome, we wish to be transparent with our shareholders. In that frame of mind, the Company would like to update our shareholders on recent events.
In January, a lawsuit was brought against the Company by a former consultant to Click Evidence, Inc., based on compensation-claims the consultant has made related to the merger on May 21, 2015 of Click with Tautachrome (at which time Tautachrome was operating under its former name Roadships Holdings, Inc.).
The Company is vigorously defending itself against this action. A motion to dismiss the claims is now before the court.
In a separate but related matter Eric McRae, the Company’s Business Operations Manager, stated, “We have seen certain commentators on the I-Hub blog site use false information about the lawsuit and other Company matters to launch attacks aimed at damaging the Company. These commentators are stock manipulators known as bashers who hide their identities behind I-Hub aliases. It is the view of the Company that actual shareholder support from our mainstream investors is very strong and that recent share price slippage is due to the manipulation directly associated with these I-Hub bashers.”
On the same topic, Dr Jon N Leonard the Company’s CEO stated: “Our job is building the Company. I believe that if we take care of the Company, the Company will take care of the share price.”
About Tautachrome, Inc.
Tautachrome, Inc. (OTCQB:TTCM) is an emerging growth company in the developing digital imagery technology sector. Tautachrome is an Internet technology development company. Tautachrome has revolutionary issued patent claims and three patents pending, including Talk-to-the-Picture social networking and trustable imagery-based interactions.
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.