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Re: 4retire post# 26027

Monday, 07/25/2016 4:19:14 PM

Monday, July 25, 2016 4:19:14 PM

Post# of 38753
You may be right on the amount of legal expenses, and judging by the financial statements, it does look like Tmmi would have to borrow or raise equity to pay any award if one is made. Also though, they would have to raise money to pay for any settlement offer likely to be accepted. So it looks like unless Tmmi is prepared to raise money, this will go to trial shortly. Unless Dimension decides it isn't worth pursuing a potentially dry judgment against the one remaining counter defendant. Having nothing to lose may end up advantaging Tmmi, ironically.