I hope they get this resolved (or at least plead their case with the SEC) before the end of the month! Their website looks good, so I know they're still cracking the whip a bit...
As warned, TTTM SEC Suspension for severely delinquent Financials/Filings:
was ready to jump until private co. came in there
I guess we wait for nothing
with this ticker.
threewheeler: thanks for the update
I just read again the posts and the NEWS. This is not worth getting back in. Overall, the new Buyer of the Assets will start a new company and this is just an empty shell.
peeps should be able to comprehend that logic, nice
Ok thank you. Explained perfectly
If the repo man takes away your race car and someone else buys it...then the new person wins the Daytona 500 with the car... do you get any prize money because you used to own the car? No you lost the car to the repo man and the new guy who bought the car gets everything. TTTM lost everything they owned to the repo man and new people bought everything. TTTM is a shell now.
just a empty shell now
Just like soupman the private company who bought the assets released a PR..notice it said dba T3 Motion no stock ticker in the PR. same mixup happened to soupq when the company who bought the assets released a PR.
guess reading PRs is useless as peeps buying anyways
Sounds like assets were bought and they’re now private
T3 Motion to Restart Business Operations December 5, 2017
ONTARIO, Calif.--(BUSINESS WIRE)-- (OTCBB: TTTM) www.t3motioninc.com - T3 Holdings, Inc., d/b/a T3 Motion, Inc., today announced its acquisition of the former operations of T3M, Inc., under a final order of the United States Bankruptcy Court, Central District of California, whereas T3 Holdings, Inc., acquired essentially all of the assets of the debtor T3MI. The final order of the court was entered on November 27, 2017.
T3 Motion, originally founded in 2006, pioneered and patented the design of the 3 Wheel Electric Standup Vehicle, used throughout law enforcement and commercial security operations worldwide. To date, T3’s are in use by more than 350 domestic and international law enforcement agencies including approximately 50 of the world’s largest international airports.
Under the company’s new ownership, T3 Motion, has evolved into a well-capitalized, debt free, private operating company with its manufacturing headquarters located in Ontario, CA, and with a wholly owned Chinese subsidiary, operating in China, building a modified version of its domestic T3 Patroller™ Series vehicle for distribution throughout Asia.
All U.S. and international customers, outside of Asia, will continue to receive vehicles built exclusively in the United States following the company’s long-term commitment to ‘Made in America.’ The company is also aggressively pursuing its enforcement rights of its large intellectual property portfolio, to stop the unauthorized and illegal manufacturing of Chinese cloned vehicles which have been being offered for sale in mainland China and in some regions of the United States, by previous employees of the company.
T3 Motion, under the management of industry leading professionals, will continue to focus its efforts on providing the highest quality service in the industry, as well as the expansion of the company’s leading-edge technologies, into numerous new markets, including the expanding recreational vehicle market.
T3 Motion, as the dominant global manufacturer of Electric Standup Vehicle Technology with an estimated 84% market share, continues to lead the market with its iconic T3 Patroller™ and new T3 Vision™ Series vehicles which have been designed and field tested for more than a decade. When it comes to meeting the demands and harsh environments of governmental law enforcement, campus and professional security and patrol operations, clearly, T3 has established itself as the vehicle platform of choice for both indoor and outdoor applications.
About T3 Motion
T3 Motion, Inc. designs, markets and manufactures the T3 Patroller™ and Vision Series™ Electric Stand-up Vehicles. Headquartered in Ontario, California, T3 Motion is dedicated to raising the bar on law enforcement and security capabilities in personal mobility technology. More than 5,000 T3 vehicles have been deployed in over 30 countries worldwide. For more information, visit www.t3motioninc.com.
View source version on businesswire.com: http://www.businesswire.com/news/home/20171130006069/en/
T3 Motion, Inc.
Source: T3 Motion, Inc.
Who said the BK was dismissed. Is there a link?
TTTM is severely delinquent in filing their Financials and corporate filing obligations to the SEC. On Feb. 20, 2015 the SEC suspended 8 stocks from the Delinquent SEC Filers list, and it is likely that more delinquent Filers will be suspended.
Since Jan 1st, 2010 the SEC has suspended over 1290 stocks for Financials delinquencies. All of those Suspended stocks had their stock registrations revoked.
Shareholders should contact the company and pressure the Mgmt to file their delinquent Financials because ALL shareholders would be wiped out IF the SEC suspends the stock.
TTTM is on the list of delinquent filers:
I ve been selling a bunch lately too.almost out
My 9's are not selling... set for GTC
Happy Holidays, and I hope what we are holding is a major belated gift for after the new year.
http://www.t3motion.com/ T3 Motion, Inc. engages in the design, manufacture, and marketing of personal mobility vehicles powered by electric motors. Its principal product, T3, is a three-wheel, front wheel drive, stand up, electric personal mobility vehicle designed for public and private security personnel. The company also sells replaceable power modules and chargers; and various accessories, including an external shotgun mount, a fitted vehicle cover, a parcel delivery trailer, and a multi-function trailer option. In addition, it engages in the resale of various security camera models; and the resale and distribution of low-speed four-wheel electric cars to law enforcement, security, and government markets in Canada and the United States. The company sells its products directly to its customers. T3 Motion, Inc. was founded in 2006 and is headquartered in Costa Mesa, California.