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Antro:
Thank you very much!
What's going on with the law suit etc?
Good statement from the court. Hard to decipher this stuff. Plugged in the initial Court Order into ChatGTP extension app and got the following. I do realize this is from a Nevada court...
COURT ORDERED, Third-Party Defendant Panik's Motion to Vacate TMM, Inc.'s Voluntary Dismissal of Third-Party Complaint GRANTED as to the Anti-SLAPP second prong proceedings, Trade Libel, Injunctive Relief, Alter Ego, and Abuse of Process with the other two claims remaining voluntarily dismissed.
ChatGTP response:
It sounds like you’re referring to a court's decision on a motion to vacate a voluntary dismissal of a third-party complaint. Let me break this down:
Motion to Vacate: Panik filed a motion asking the court to undo or “vacate” TMM, Inc.’s previous voluntary dismissal of certain claims.
Court's Ruling: The court granted Panik’s motion with respect to specific claims, namely:
Anti-SLAPP second prong proceedings: This involves a special motion to strike under California’s anti-SLAPP (Strategic Lawsuit Against Public Participation) statute, specifically the second prong of evaluating the merits of the claims.
Trade Libel: Claims related to false statements about the quality or nature of products or services.
Injunctive Relief: This involves seeking a court order to prevent certain actions.
Alter Ego: This pertains to holding one entity liable for the actions of another due to an intermingling of their operations.
Abuse of Process: This refers to the misuse of legal procedures for purposes other than what they were intended for.
Voluntary Dismissal: TMM, Inc. had voluntarily dismissed these claims initially. The court’s ruling allows these claims to proceed again.
Remaining Claims: The court’s decision left two other claims that were part of the original voluntary dismissal still dismissed, meaning they will not be part of the proceeding.
This ruling means that the specific claims mentioned can be re-litigated, while the other claims will remain dismissed as per the original voluntary dismissal by TMM, Inc.
Let's hope our CEO
releases the over waited PR
on the future of TMMI,
middle of October or sooner....
Just seen this today: Don't ask me to interpret. LOL
Minutes
08/09/2024 10:00 AM
- HEARING: ANTI-SLAP MOTION - 2ND PRONG THIRD-PARTY DEFENDANT PANIK'S MOTION TO VACATE TMM, INC.'S VOLUNTARY DISMISSAL OF THIRD-PARTY COMPLAINT Arguments by counsel regarding the Motion to Vacate and the Anti-SLAPP law. COURT ORDERED, Third-Party Defendant Panik's Motion to Vacate TMM, Inc.'s Voluntary Dismissal of Third-Party Complaint GRANTED as to the Anti-SLAPP second prong proceedings, Trade Libel, Injunctive Relief, Alter Ego, and Abuse of Process with the other two claims remaining voluntarily dismissed. COURT FURTHER ORDERED, Trade Libel, Injunctive Relief, Alter Ego, and Abuse of Process DISMISSED WITH PREJUDICE under the Anti-SLAPP statute, case STAYED for 30 days following the Notice of Entry of Order, and matter SET for a status check as to status of the case. Mr. Austin to prepare the orders. 10/9/2024 9:00 AM STATUS CHECK: STATUS OF CASE
Ahh very good observation. You're paying attention to something that actually matters. I noticedas well... What does it mean? No idea. But it is interesting considering that it sure looks like someone is set on pushing this down, and perhaps someone else has decided to just take those shares. I noticed accumulation is trending back up again. So whoever is wanting out/pushing it lower there's been someone there taking them and even aggressively slap them. That's action you like to see. Hopefully it continues.
It appears that few on the board have an eye on L2 and the tape. I assume you do. Have you noticed a shift this week? What I have seen is the block of shares that shows up to hold this thing down and push lower has been slapped out at least twice, and that is even with it doubling from 250k to 500k.
$TMMI
More misleading information from former management....
Let's hope Susan Bala is the real deal!!!!
Even looked on ebay an other sites for used ones! Nothing at all!
I'm wondering if it ever was shipped to limited group of pre-market buyers
because it also says
it generated revenue which is not listed on their end....
More smoke and mirrors from past management, which was before our current CEO came on board....
I tried to buy one without any response from TMMi when they said they were available.
Did we ever hear from this release????
I don't remember ever seeing anything!!!!
It's only been 6 years....
It is now shipping to a limited group of pre-market buyers posting the first revenues for the Company in its market launch and the showcase of its software.
https://www.otcmarkets.com/stock/tmmi/news/Total-Multimedia-Posts-First-Sales-of-New-Generation-High-End-TMMI-Mini-PC-X?id=204974
Bala's extracurricular activities might have some merit. But her job still is still the CEO of TMMI and she has a responsibility to the investors. I would like to see her implementing this skill and this passion in the direction of TMMI. It has been missing.
Company technical progress
Company communication
Company finances
Company security
Getting off Pink OTC status
Company website
Promoting the company
Generating income
No problem. And I agree, it's more of a testament to who she is. Pretty amazing woman.
But also gives me hope that when she commits to something, it turns out to be pretty darn good $TMMi 🙏
I think it speaks more to Bala's character and her ability to get things done. She helped give voice to children of war. I suspect this had nothing to do with making money but had everything to do with be an advocate for the innocent.
$TMMI
Scroll down to
Did You Know?
https://fargoinc.com/susan-bala-fashion-furlongs-film/
Could the technology be TMMI or
her other company Phoenix Global Technology
or both????
Two years earlier....
https://www.citybiz.co/article/287384/total-multimedia-appoints-susan-bala-as-chairman-president-and-chief-executive-officer/
“I have accepted this appointment on behalf of all of the TMMI shareholders. My objective is to create a solid corporate foundation to prepare TMMI for future opportunities. The world of technology is a fast paced and changing environment in which TMMI was a leader in the arena of video technology. It is my intention to open communication and place TMMI in a strong position to establish new avenues of growth in today’s markets"
Hopefully relates in some way to TMMI???
Thanks for finding and sharing that!
$TMMI
https://canigohomenow.com/?s=09
Susan Bala Executive Producer 🙌
Has a great reviews and really great story.
Perhaps it's Susan Bala throwing shareholders a bone....
She is top dog shareholder with the company!!!!
Shareholders should click the link I placed out there and read her profile message....
She has already commissioned sporting and gaming venues
and explains that she is working with a technology company currently to bring to market with another A I company....
No mention that it's TMMI but that could be because her hands are tied at the moment because of the lawsuit....
She already has the Casino person on board and with her offtrack success it could become very lucrative for TMMI shareholders!!!!
It's a great time to add and wait to see what develops from the lawsuit....
I'm hoping she acquires TMMI through her other company, when court concludes and gives the long-term shareholders a decent PPS on the merger....
I only wish we could get some kind of PR from her about the future of TMMI....
Something, anything is needed, imo!!!!
Well I know for a fact it's not the same person. So there's that. If it was they could be the worst trader ever then. No one undercuts the ask if their goal idms to make money.
Probably the same person buying it back @ .003....lol
Nice $1000 profit....
Sell $1750
Buy back $750
250 x 004 to 007 back down to 003
Rinse and repeat, genius....lol
So who is the far from smart person selling 250K so cheap? What a genius. $tmmi
Someone is really trying hard to keep the PPS below .005. Just a matter of time before this is trading .02 again. GLED will be forced to cover. Could get interesting. $TMMI
Winning the Powerball is more likely.
"Hail Mary passes" have been known to happen...... more than once. Think " litigation".
Again, "THEIR" technology is obsolete and worthless. They are a shell company that has never monetized anything they have ever done. $TMMI
Big, you wrote " "the tech. It's obsolete and worthless or they would have made money by now.
As I asked Susan Bala to read, I ask you , too, to read the following: https://investorshub.advfn.com/boards/read_msg.aspx?message_id=174815864
Pretty much how it has been since Fernandez, Simmons and papalia
No they have not made 1 dollar off the tech. It's obsolete and worthless or they would have made money by now. They are essentially a shell with a lawsuit hanging over their head & no apparent plan. $tmmi
Who and why? Great question. With the history of this company, who knows.
Has any of the parties involved actually made a profit with the technology they fight over?
Hypothetically if I had say 15M shares I could walk this down and hold it at .005 for a long time and still nearly breakeven. Makes sense to me. If it's not someone doing that then who & why? $tmmi
Who would waste about a grand because they are missed off at some company? Gotta be somebody else.
Any guesses on who continues to reload 250K every day below the ask To suppress the pps? Someone told me it's a disgruntled long time shareholder??? $TMMI Any ideas? If they want to give away shares I'll keep taking them little by little down here.
It is difficult to get information from the company. We can only get so much on due diligence and questions as long as we keep our principles on privacy. And keep a our sights on reality. But one thing is clear, this is a OTC penny stock and it is Pink trading stock that does not need to disclose all. It is the risk that all investors made before we made our first trade. It is the ride we signed up for with the thought that with little will payoff big. As they say, many of us are locked and loaded and waiting.
All anyone can do is follow the docket and wait. Like Adamphi pointed out, there is little to discuss, so I'll take another break from the board, watch for updates, and use my time to follow the larger markets and monitor opportunities.
Good luck to all.
LongCa: I have never said (in your words) a settlement is imminent. I have always asked if there could be a settlement.
As TMMI does not comment or update I have hoped that there may be someone of knowledge to respond. If you actually know something, please say something.
I second this. Again in my opinion this is a sit and wait game until court is settled. The company said so itself.
And hopefully it's a favorable outcome. There's no guarantee it will be favorable for us. If you believe in management it's a good opportunity to add or average down.
There's really not much to even say on this board until we receive court update.
I don't know where you get the idea a settlement is imminent. What on the court docket suggests this? When volume comes and actual buy pressure, then that MIGHT be a sign things are changing. Until then, this will move like the rest of the OTC, and that means very little volume and interest. Some trades work out, some don't.
For TMMI, we wait. If the efforts of other people pan out, then we win--by doing nothing but waiting.
Any update on the court order? Status of settlement?
The case link is on the tmmi website. The link has been on the site for at least 3 years. It has been posted on this forum dozens of times, too.
https://tmmi.us/legal.php