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Tautachrome’s Intellectual Property Boosts Financial Position

Story Highlights
  • Tautachrome’s intellectual property contributions significantly improved its financial position.
  • The AI Visual Thesauri was revalued at over $5.2 billion, boosting shareholders’ equity.
  • Looking for the best stocks to buy? Follow the recommendations of top-performing analysts.
Tautachrome’s Intellectual Property Boosts Financial Position

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Tautachrome ( (TTCM) ) just unveiled an update.

In the first quarter of 2023, Tautachrome received two significant intellectual property contributions, impacting its financial position substantially. The AI Visual Thesauri (AIVT) was revalued at over $5.2 billion by the end of 2023, transforming shareholders’ equity from a deficit to a surplus exceeding $5.7 billion. Despite an increase in total debt obligations, the company engaged an independent accounting firm for audits and committed to transparency and compliance with SEC and PCAOB standards.

More about Tautachrome

Current Market Cap: $660.3K

Learn more about TTCM stock on TipRanks’ Stock Analysis page.

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