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He's a scammer. If he shows up on a stock at least you know the CEO isn't stupid enough to fall for this:
https://highlycapitalized.com/grants-stock-picks-capital-markets-scam-or-a-legitimate-company/
Found this on Perplexity.ai Any knowledgeable comment? The settlement amounts between TMMI (Total Multimedia Inc.) and Panik are not explicitly disclosed in the available search results. However, the legal dispute involved claims of trade libel and misappropriation of trade secrets, with Panik successfully arguing for anti-SLAPP protections in Nevada’s Supreme Court. According to investor discussions, it appears TMMI may owe Panik some compensation, but no specific award amount has been confirmed.
Wasn't TMMI working with Maris-Tech back in 2022????
I had thought there was a release somewhere mentioning it, Drones....
They're working on H 265 DVR Streaming Drones ban A I. This release just came out....
https://www.maris-tech.com/maris-tech-completes-the-development-of-mars-rf/press-releases/
If so, this could be a nice acquisition by one of these two companies joining forces that would be very profitable for both companies, and the shareholders, once TMMI starts reporting....
Both companies, so it seems, are on the same wavelength....
Monday is a new month. Maybe we will see a new Webpage, OTC audit and signed lease in Nevada for the new TMMi headquarters.
The L2 shift across much of the OTC involved a single, active MM. That was curious. They have since reverted back, so what that meant is anyone's guess .. Only three things are worth watching here: L2, Court, and the Chart. We now also have a PR suggesting some movement forward, too.
This thing will move when it moves. Until then, for me, it takes up a sliver of screen space and attention.
Here is a chart:
[url=https://postimg.cc/PCwqpY65][/url]
It was across the whole otc. Curious swap ...
What that might foretell, who knows.. but I hae not seem them since OTC was at least a bit liquid.
Yeah, it was VERY INTERESTING shift in L2 today. It makes you wonder...
I thought I'd come here to see if anyone noticed the change on L2 today..
$TMMI
Adamph85: He who questions the facts. Maybe the Emperor will bestow us all with her truth.
Sincerely: Sweat and Bash
Ok Dave, what's your link to the court case and how many shares do you hold? You sweat and bash over this like you have your life savings in this?
LongCA Thank you, puts a lot of light on the facts. Too bad TMMi / Bala do not respond or keep the world updated.
Result: Matter Continued.
More details are in the minutes, and those are available for anyone to read.
There is nothing to discuss until the docket clearly states otherwise. No one has a crystal ball.
What is FAR more interesting is the chart and the recent move.
Adamph85: Your reply: Either you can't comprehend what you read or you don't have the correct court link.
I bet if you borderline beg, someone will be kind enough to share the court link to you. Adamph85: How about responding with
what you know and help us all out. Nothing in any of the court filings state it is over and settled. Again it looks like (IMO)
TMMI lost and they owe Panik. But nothing shows a dollar amount award. I would be more than happy to beg and find out the truth.
Either you can't comprehend what you read or you don't have the correct court link.
I bet if you borderline beg, someone will be kind enough to share the court link to you.
Adamant: why do I keep asking about settlements or awards. As I have read the Nevada court files it looks like TMMi owes Panik. An award has not been posted. If so what does TMmi own? Since Bala etc do not reply to any emails LinkedIn etc, I’m just asking if anyone knows anything. IMO they should let the world know status. Be adults!
Why do you keep asking about court updates when you have the link for it... ugh?
Stockseed: I'm just asking if there is any update on the progress of the court case and or any awards / settlements to either party. Seems this has been going
on for too many years. TMMI announces they are infusing cash and moving headquarters from their current mail stop, they must be close to ending this ridiculous & costly journey.
MisteraVA, could you please post link and/or content if you can ? TIA
Anyone have comment on the court case and or awards?
Good info mike1991. Thanks. Also, the fact that Susan is funding the audit herself is most reassuring.
After it completes an Initial Review, the broker-dealer files a Form 211 with FINRA. OTC Markets Group may choose to conduct an Initial Review and file a Form 211 for issuers that are applying to trade on OTCQX and OTCQB.
On TMMI OTC page.
What is your point you are trying to make???
Initial Review
The information review requirement for broker-dealers to publish or submit initial (or resume) proprietary quotations. A broker-dealer must review the information and documents specified under SEC Rule15c2-11, confirm that such information is publicly available, and that it has a reasonable basis for believing that the information is accurate and from reliable sources. After it completes an Initial Review, the broker-dealer files a Form 211 with FINRA. OTC Markets Group may choose to conduct an Initial Review and file a Form 211 for issuers that are applying to trade on OTCQX and OTCQB.
A Piggyback Qualified security is one that meets the requirements of the piggyback exception under SEC Rule 15c2-11 and therefore is PQE - “Piggyback” refers to broker-dealers being permitted to rely on the existing quotations of another broker-dealer that initially complied with the information review requirement of the Rule. To qualify for this exception, (1) securities must have at least a one-way, priced, proprietary quotation (bid or ask) within the past four business days; and (2) certain information must be current and publicly available or timely filed. However, the exception does not apply to securities of shell companies after a prescribed period of time, and securities subject to an SEC trading suspension order are ineligible under the exception until sixty (60) calendar days after the expiration such order.
Eligibility
Quote Eligibility
Proprietary Quote Eligible (PQE)
PQE Reason
Piggyback Qualified - Catch-All
Overnight Trading Eligible
No
Nice ! 02/06/2025 13:59:58 EST 0.0248 102951 OTCBB
Finally a informative and noteworthy post. I agree. The reset was needed and I think we hopefully found our new support level until next leg up. I love seeing accum up even though we're at a reset phase.
Looking forward to the next leg up :)
Those without facts must resort to personal attacks.
grantastic, the following seems most appropriate for you : “The highest form of ignorance is when you reject something you don’t know anything about.”
Amazing, after all these decades, some people still think this "Fractal Codec" nonsense is a viable & valuable technology.
should phoenix global tech merge with tmmi. what would happen to the shareholdes shares of tmmi?
Whether Phoenix Global Tech should merge with TMMI is a complex question that depends on various factors, including the specific terms of the deal, the financial health and strategic goals of both companies, and the potential synergies that could be created.
Here's what would generally happen to TMMI shareholders' shares in a merger:
Share Exchange: In most mergers, TMMI shareholders would receive a certain number of shares in the merged company (likely Phoenix Global Tech) in exchange for their existing TMMI shares. The exchange ratio would be determined based on the relative valuations of the two companies.
Dilution: The issuance of new shares to TMMI shareholders would dilute the ownership stake of existing Phoenix Global Tech shareholders.
Potential Value Changes: The value of the shares received by TMMI shareholders could go up or down depending on how the market perceives the merger and the future prospects of the combined company.
To assess the potential impact of a merger, TMMI shareholders should consider the following:
Financial Health of Both Companies: Evaluate the financial statements of both Phoenix Global Tech and TMMI to understand their revenue, profitability, debt levels, and overall financial strength.
Strategic Fit: Analyze how well the businesses of the two companies align and whether the merger could lead to synergies, cost savings, or increased market share.
Merger Terms: Carefully review the terms of the merger agreement, including the exchange ratio, any contingencies, and the governance structure of the combined company.
Market Conditions: Consider the current market conditions and how they might impact the value of the combined company's shares.
It's crucial for TMMI shareholders to:
Stay Informed: Follow news and announcements related to the potential merger.
Seek Professional Advice: Consult with a financial advisor or investment professional to get personalized advice based on their individual circumstances and risk tolerance.
Exercise Their Voting Rights: If the merger requires shareholder approval, TMMI shareholders will have the opportunity to vote on the deal.
Conversation with Gemini
is phoenix global tech a reporting company
To determine if Phoenix Global Tech is a reporting company, it's important to understand what that term means. Generally, a "reporting company" refers to a company that is required to file regular reports with a regulatory body, such as the Securities and Exchange Commission (SEC) in the United States.
This usually applies to publicly traded companies that have a certain size and number of shareholders. These companies are obligated to disclose financial and operational information to the public to ensure transparency and protect investors.
Based on my search, Phoenix Global Tech appears to be a privately held company. Therefore, it is unlikely that they are required to file regular reports with a regulatory body like the SEC. Privately held companies do not have the same disclosure requirements as public companies.
However, it's important to note that there might be other types of reporting requirements that Phoenix Global Tech needs to comply with depending on the specific industry they operate in and the jurisdictions they do business in. These could include tax reporting, financial reporting to banks or other lenders, or compliance with industry-specific regulations.
To get a definitive answer on whether Phoenix Global Tech is a reporting company, you would need to consult their company filings or contact them directly.
Public company - Wikipedia
Source icon
en.wikipedia.org
New Reporting Requirements under the Corporate Transparency Act | Foley & Lardner LLP
Source icon
www.foley.com
Where can I find information on privately-held companies, that are not publicly traded? - FAQS
Source icon
rasmussen.libanswers.com
could phoenix global tech merge with total multimedia inc and become a tradable corp once tmmi becomes listedon the otcqb?
While it's possible for Phoenix Global Tech to merge with Total Multimedia Inc. (TMMI) and become a publicly traded entity through that route, it's important to understand the complexities involved. Here's a breakdown of the process and factors to consider:
How a Reverse Merger Works:
TMMI's Role: TMMI, as a publicly traded shell company (even if currently delisted and seeking OTCQB listing), provides the existing "shell" for Phoenix Global Tech to become public.
Merger: Phoenix Global Tech merges with TMMI. Typically, this involves Phoenix Global Tech's shareholders receiving a majority of the shares in the combined entity.
Name/Symbol Change: The company usually changes its name to reflect Phoenix Global Tech and may also get a new stock symbol.
Public Trading: The shares of the merged company, now representing Phoenix Global Tech's business, would trade on the OTCQB (or potentially another exchange if requirements are met).
Factors to Consider:
TMMI's Condition: The state of TMMI is crucial. Is it truly a clean shell with minimal liabilities? Any baggage could negatively impact the merged entity.
Due Diligence: Extensive due diligence is needed on both sides, especially on Phoenix Global Tech's financials, operations, and legal compliance.
Valuation: Determining the relative value of each company is essential for fair share allocation in the merger.
Regulatory Approvals: The merger needs to comply with securities laws and regulations, including SEC rules. This involves filings and disclosures.
OTCQB Listing: TMMI's successful listing on the OTCQB is a prerequisite. This involves meeting certain requirements and ongoing compliance.
Shareholder Approval: Both TMMI and Phoenix Global Tech shareholders would likely need to approve the merger.
Challenges and Risks:
Reverse mergers can be complex and time-consuming.
Scrutiny: Reverse mergers sometimes face increased scrutiny from regulators and investors due to past associations with shell companies. 1
1. Shell Companies and Reverse Mergers: An In-Depth Examination of the Risks for Microcap Investors - Lucosky Brookman LLP
Source icon
www.lucbro.com
Valuation Challenges: Accurately valuing a private company like Phoenix Global Tech for a merger can be difficult.
Integration: Integrating the operations and cultures of the two companies can be challenging.
In Summary:
A merger between Phoenix Global Tech and TMMI is a potential pathway to becoming a publicly traded company. However, it's a complex process with many hurdles. Success depends on careful planning, due diligence, regulatory compliance, and successful integration.
Disclaimer: I am an AI chatbot and cannot provide financial or legal advice. The information above is for general knowledge purposes only. It is essential to consult with qualified professionals for any financial or legal decisions.
Proof is in the pudding. 4 minutes after my last post there is such an aforementioned manipulative trade. Well, at least we know the culprit(s) are indeed online as we speak. I would venture to say, from at least 9:30am- 4:00pm each and every day and probably 24/7 to " observe".
Traders,investors, don't get faked out by these small manipulative volume trades. Don't give away your shares. That's my suggestion.
The inference I draw from her stated forward actions is that she has found either one or more opportunities that look attractive and the audit and subsequent uplisting will expedite the process. She's a smart business person and would not undertake these actions without a goal and a clear path to it, imo
by the way the minimum bid price must be at least $0.01 per share
susan bala president of total multimedia recently announced moving tmmi off OTC and Bon to OTCQB what requirement are involved and is he audit of tmmi costly?
It's great that Total Multimedia (TMMI) is aiming for an uplisting to the OTCQB! This is a significant step for a company, and it does involve meeting certain requirements. Here's a breakdown of what's typically involved and the potential costs:
Requirements for OTCQB Listing:
Current Information: Companies must be current in their reporting obligations. This usually means having up-to-date financial statements and disclosures.
Minimum Bid Price: While not as stringent as Nasdaq, OTCQB still has a minimum bid price requirement, though it's generally lower.
Financial Standards: Companies need to meet certain financial criteria, though they are less rigorous than those for Nasdaq.
Corporate Governance: OTCQB also has requirements for corporate governance, including independent directors.
Verification Process: Companies undergo a verification process to ensure they meet the requirements.
The Audit of TMMI:
Yes, the audit of TMMI is a crucial part of the process and can be costly. Here's why:
Financial Reporting: To become a reporting company and meet OTCQB requirements, TMMI needs to have its financials audited by an independent accounting firm.
Audit Scope: The scope of the audit will depend on the company's history and financial complexity. It may involve reviewing past financial records, internal controls, and compliance with accounting standards.
Cost Factors: The cost of the audit can vary depending on several factors, including the size and complexity of the company, the condition of its financial records, and the accounting firm's fees.
Overall:
Moving from the Pink Sheets to the OTCQB is a positive step for TMMI. It signifies a commitment to greater transparency and may lead to increased investor confidence. However, the process does involve meeting specific requirements, including having audited financial statements, which can be a significant cost for the company.
It's worth noting that Susan Bala's capital infusion to fund the audit services demonstrates a strong commitment to this process.
If you're interested in learning more about the specific requirements and costs involved, you could refer to the OTC Markets Group website or consult with a financial professional.
hanks Mr. seed, just trying o help wherever I can.I believe a move o the OTCQB will be a start to significant growth.
good luck.
If a company currently trades only on the Over-the-Counter (OTC) market and then qualifies to trade on the OTCQB, it could significantly benefit current shareholders. Here's why:
Increased Visibility and Credibility:
Higher Tier: The OTCQB is a higher tier within the OTC market. It signifies that the company meets stricter financial reporting standards and has undergone more rigorous vetting. This enhances investor confidence and credibility.
Wider Reach: Trading on the OTCQB can improve the company's visibility to a broader range of investors, including institutional investors who may have previously overlooked the company due to its lower tier OTC listing.
Improved Liquidity:
Increased Trading Volume: Greater investor interest and access can lead to increased trading volume, which can make it easier for shareholders to buy and sell their shares at more favorable prices.
Narrower Spreads: Higher liquidity generally results in narrower bid-ask spreads, meaning the difference between the buying and selling price of a stock is smaller, potentially leading to better returns for investors.
Enhanced Access to Capital:
Attracting Investors: By meeting the higher standards of the OTCQB, the company may become more attractive to potential investors, including venture capitalists and institutional investors, which could open up new avenues for raising capital.
Improved Corporate Governance:
Higher Standards: To qualify for the OTCQB, companies must meet certain corporate governance standards, which can improve transparency and accountability for shareholders.
However, it's important to note that:
Qualification for OTCQB requires meeting specific criteria: This may involve meeting certain financial performance thresholds, adhering to stricter reporting requirements, and ensuring adequate corporate governance.
Trading on the OTCQB does not guarantee increased stock price: While it can create a more favorable environment for trading, the stock price is ultimately determined by market forces, company performance, and investor sentiment.
In summary:
Qualifying for the OTCQB can bring several potential benefits to current shareholders of a company that previously traded only on the lower tiers of the OTC market. These benefits include increased visibility, improved liquidity, enhanced access to capital, and improved corporate governance. However, it's crucial to remember that these are potential benefits, and the actual impact on shareholder value will depend on various factors.
Disclaimer: This information is for general knowledge and informational purposes only and does not constitute financial, investment, or other professional advice.
Disclaimer: I am an AI chatbot and cannot give financial advice. The information provided above is for general knowledge and informational purposes only and should not be considered investment advice. You should consult with a qualified financial 1 advisor before making any investment decisions.
1. stockneeti.com
stockneeti.comIf a company currently trades only on the Over-the-Counter (OTC) market and then qualifies to trade on the OTCQB, it could significantly benefit current shareholders. Here's why:
Increased Visibility and Credibility:
Higher Tier: The OTCQB is a higher tier within the OTC market. It signifies that the company meets stricter financial reporting standards and has undergone more rigorous vetting. This enhances investor confidence and credibility.
Wider Reach: Trading on the OTCQB can improve the company's visibility to a broader range of investors, including institutional investors who may have previously overlooked the company due to its lower tier OTC listing.
Improved Liquidity:
Increased Trading Volume: Greater investor interest and access can lead to increased trading volume, which can make it easier for shareholders to buy and sell their shares at more favorable prices.
Narrower Spreads: Higher liquidity generally results in narrower bid-ask spreads, meaning the difference between the buying and selling price of a stock is smaller, potentially leading to better returns for investors.
Enhanced Access to Capital:
Attracting Investors: By meeting the higher standards of the OTCQB, the company may become more attractive to potential investors, including venture capitalists and institutional investors, which could open up new avenues for raising capital.
Improved Corporate Governance:
Higher Standards: To qualify for the OTCQB, companies must meet certain corporate governance standards, which can improve transparency and accountability for shareholders.
However, it's important to note that:
Qualification for OTCQB requires meeting specific criteria: This may involve meeting certain financial performance thresholds, adhering to stricter reporting requirements, and ensuring adequate corporate governance.
Trading on the OTCQB does not guarantee increased stock price: While it can create a more favorable environment for trading, the stock price is ultimately determined by market forces, company performance, and investor sentiment.
In summary:
Qualifying for the OTCQB can bring several potential benefits to current shareholders of a company that previously traded only on the lower tiers of the OTC market. These benefits include increased visibility, improved liquidity, enhanced access to capital, and improved corporate governance. However, it's crucial to remember that these are potential benefits, and the actual impact on shareholder value will depend on various factors.
Disclaimer: This information is for general knowledge and informational purposes only and does not constitute financial, investment, or other professional advice.
Disclaimer: I am an AI chatbot and cannot give financial advice. The information provided above is for general knowledge and informational purposes only and should not be considered investment advice. You should consult with a qualified financial 1 advisor before making any investment decisions.
1. stockneeti.com
stockneeti.com
Applications are nearly unlimited. Look for TMMI to capitalize on AI centered industry.
would it be possible to have fractal compression functioning in a telecine machine o reduce the size of he digital output
Yes, in principle, fractal compression could be applied to the digital output of a telecine machine to reduce file size.
Capital infusion. I like the sound of that. Send it.
$TMMI
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