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TAAL had a couple filings recently: Yesterday they posted that they hired MIC Partners to help with investor capture options -- with a commission on converted leads in the form of share issuance. Say hello to a bunch of small investor conferences, mini pumps, and mild dilution - but they do have a 12-mo lock-up on any shares issued. I hope any attracted investors move the needle and stay... and not just provide an exist strategy for Ayre's stake (last I checked, he had 45% or so of the company ownership...). https://webfiles.thecse.com/sedar_filings/00036887/2008051107134034.pdf Then, today, they announced they filed a Layer 1 token BSV patent that (it sounds like) they bought from another party (and will pay a royalty to). https://webfiles.thecse.com/sedar_filings/00036887/2008061533184336.pdf Hope Digitsu knows what he's doing and can drive shareholder value. Rare privilege/responsibility as one of the only publicly-traded BSV plays...
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Exciting and thanks for the summary.
This press release is very ambiguous. It sounds like they got into a royalty agreement with another party (Probably sCrypt since they're the only ones who have built layer 1 token). But at the same time the title of the press release makes it sound like TAAL is the one who filed the patent. There is no reason to be so cryptic about these things and it's really confusing what is going on...
dan_lazo replied:
Not a good sign.