T M M Inc (TMMI)

[4retire]

Question.....why does TMM continue to spend over $51,000/month on development when they announced 19 months ago that they have completed development of a new algorithm to replace fractals and have also completed development of a new proprietary algorithm for upscaling? Does this not raise anyone else's eyebrows?

I understand that tweaking of the codes will always be necessary as it applies to customer's requirements....but we don't (as of now) have any reported customers that would require these tweaks. Yet we're giving Int'l Royalties $51,000/month for WHAT?

Here's part of a press release from January 2016:

"In recent months, TMM, Inc. has completed development of a new digital compression technology that is unrelated to TMM, Inc.’s original, fractal VDK technology. TMM, Inc.’s new non-fractal compression technology includes a new proprietary algorithm that is incorporated in provisional patent applications filed by TMM, Inc. in 2015. In addition, TMM, Inc. has developed a new scaling technology which is also based on a new proprietary algorithm that is part of a number of other recent patent applications. In all, TMM, Inc. has filed five (5) patent applications involving its new technologies in the last nine months."

Therefore it appears that we're 28 months along in this endeavor. What the heck???