T M M Inc (TMMI)

[4retire]

Looks like a big payment could have gone to our lawyers after the quarter was done. The burn rate was diminished greatly this past quarter. One has to wonder how that can be with all of the effort going on at RTN and the lawsuit schedule heating up.

It appears like the programmers and all of their associated costs are going through that Canadian group, with quarterly payments being made. That way there's no trail to see the success of/cost for these personnel. I think Stan Ford, a director of ours, might own, or is in charge of that group. I may be in error, but don't think so.

Smoke and mirrors. I like how they state that these facts are based on what past management told them. Where was the accounting then? Knowing this, wouldn't it have been cleaner to go through BK again and start fresh? We have all heard of the shenaningans from the Corine King/Fernandez era; just prior to our new management team.