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Re: jay14 post# 22063

Thursday, 02/11/2016 11:46:22 PM

Thursday, February 11, 2016 11:46:22 PM

Post# of 38727
Let's just remember that the revenue hogwash began with your assertion, which you've repeated, that 1 dollar in interest on money in the bank doubling from quarter to quarter to 2 dollars showed that "revenues" had doubled and this was a trend in the right direction. What it really demonstrated was that the company had raised money in more private placements and was holding some of it in an interest bearing account. I don't think there has been as much criticism about the lack of profit as you say and I think this is therefore a bit of a straw man.

Realists appreciate I think that even if Tmmi developes a marketable line of products large revenue will not be immediate, and may take some time. But there are financial pressures, to be sure. In fact, the company has reported that its financial situation is precarious. That's not a criticism by the way. It is what it is, and I don't doubt that management of Tmmi is doing what it can to stay afloat and develop a viable venture.