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Another slow two cent day for TMM on its way down to the bottom of the penny stock pile. Has anybody heard any updates on the likely BK filing? No updates from TMM since January.
All we know for sure is they stiffed their lawyers almost $500,000 and then hired a Reno BK specialist. And now they are following that up with hiring a lawyer named among the best Iranian attorneys around who also specializes in bankruptcy. Gee I wonder what those guys are working on? LOL
Wasnt me I have been known to make high risk stock bets but laying down 6 bucks on this turkey is beyond my risk level.
Impressive 6 dollar buy for TMM today somebody really wanted to take a leap of faith. I just hope they can afford to lose it should things take the path I think they are going for TMM. I am very worried for them.
Sorry it is very much challenged. Iterated lawyers say TMM owns NOTHING ever created by them. Thats a fact.
Sorry but TMM owns jack squat. The Iterated lawyers made it very clear TMM is a total deadbeat doesnt pay their bills and owns ZERO rights to any Iterated tech ever created including all the VDK codecs. Having a stolen copy of something does not mean you own it.
Shadow you are spot on TMMs web site is a total obsolete mess of useless outdated junk while that other site shows how a real company displays up to date information everyone can understand and trust.
And of course as an empty shell its hard to see TMM fixing anything in the near or far future maybe the shell will be bought by a catering company and it can complete its 30 year journey as the same business it started as.
LOL why in the world would they ask TMM for permission to use it? They own it and TMM only has a 15 year old stolen copy they dont know how to use. Much to the chagrin of everyone at TMM and many other places VDK 2 does have value.... if you know how to use it.
If you mean by not imminent something like tomorrow then I agree with you although even that is possible. If you mean a month or two from now is not imminent then I disagree. Sooner rather than later seems likely.
TMM core assets????? Their only asset is their PR writer. LOLOLOLOLOL
Yes BK proceedings are TMMs likely choice they owe their stiffed lawyers almost a half million bucks plus other unpaid loans and will owe Dimension who knows how much probably hundreds of thousands of dollars and why else would they hire TWO BK specialist lawyers?
Or whoever is left "in charge" just walks away and leaves this empty shell to fester and whither away that is just as likely as well. What money they havent managed to shuffle between themselves has disappeared and nobody is smiling but Stan Ford who got millions of the ignorant payday lender bucks. Nice work Stan!
Thats not what the judge said she specifically said "fees and costs" its in the court site notes and TMM has prevailed on nothing. The judge has incorrectly dismissed most of the claims but two remain with one sitting to the side for now. If Dimension prevails on that upcoming claim the judge has made it clear she is very open to rewarding fees and costs. I see ZERO chance TMM prevails on that claim and its likely they dont even try.
No only the prevailing party can seek the fees and costs now. If TMM had made an official offer and Dimension won less then TMM would have been able to claim something but they didnt that we have seen so its too late. I dont think anyone including TMM has any doubt who the prevailing party is going to be.
The monetary claims against TMM have not been dismissed just reduced. It has been reported here from the court site notes that the judge has said several times this year that Dimension can seek fees and costs AFTER the litigation has ended which appears to be very close now. I dont know how much of the fees and costs they can seek but I would think it would be a substantial sum and that they would obviously do so.
Then TMM will pay it or BK which do you think they will do?
Since TMM was 25 cents predictions of 40 cents and $1.00 have come from your camp while I have correctly predicted downwards and seen it hit the one cent territory a couple of times right now 2.5 cents down 90% and trending downwards so it sure looks closer to 1 cent that 1 dollar doesnt it? Face it its an empty shell totally rudderless and crashing into the rocks its toast.
Yes Im right as usual see the TMM dumping is restarting I can see that one cent mark getting closer and less than that on the way.
My end of quarter TMM pump theory has proved to be entirely accurate. Millions of cheap shares bought at the bells last week to raise the price to 3 cents for the quarterly report then this week NOTHING.
13 days to the hearing, will the judge make that the end for TMM?
LOL well thats a bunch of TMM nonsense and totally inaccurate. First of all TMM has NO employees much less any with a patent. TMM bought an old obscure obsolete patent from some random guy but nobody understands why unless they just did it to say they have one which is the likely answer. And what happened to the others they claimed they had in process? Likely missed all the due dates to keep them alive, right?
Any thoughts that TMM is actually doing anything but waiting for the end are ludicrous. If they have any plan for the trial it could only be pleading that they are too incompetent to stand trial.
Yes Ive been busy with the day job neglecting my TMM reporting duties shame on me! I see there is still some confusion over what Iterated tech TMM has rights to.
I can help with that. NONE! By now all of you should have read the Iterated lawyer letter explaining TMM is a total deadbeat and never finished paying for anything and owns ZERO rights to any Iterated tech of any kind whether its VDK 1 or 2 or whatever absolutely ZERO!!!!
And as I predicted once the quarter was over nobody cares what happens to TMM the volume and price is history back on track for heading downhill until they BK then it falls into a bottomless pit.
LOL TMM hasnt updated that information for years and hasnt updated anything on the website this year at all. And of course we all know TMM never figured out how to do anything whatsoever with the fractal codes and likely nothing else either. Just a big scam always was. When will they be filing that BK?
Everyone enjoy that 3 cent mark today I think its history next week as we head back down towards BK levels. urban thinks Im wrong and they werent painting the tape to have that 3 cents on the end of quarter numbers today but we will see soon enough.
Wow shadow you are right that TMM judge is quite the looker isnt she? Is it just me or does she look over medicated in those pictures?
urban there is not one large TMM pp holder there are many and most are payday loaners. Some are in the insider clique with Wiggins and some are not as close and are considered cannon fodder by their "friends". The ones in the know have been bailing while those not are trying to put on their best three cent face.
Follow closely urban last week millions of shares were dumped driving this downward to 1.8 cents then suddenly this week we are seeing some panic (and I dont mean Panik) buying to help make the quarterly statements not look quite as bad. Seems obvious. Those pp in the know are dumping and those not aware of what the plan is are scrambling in confusion. After this week....
Just in case anyone is having trouble figuring out why the dead empty shell TMMs stock price has gone up this week I will help you figure it out. Its end of quarter time and all those ruined payday lenders with mega millions of shares of this junk stock on the books have to face their massive losses in it. Painting the quarterly tape makes it look not quite as bad, at least they'd like to think so. Waste of time and money with a likely BK on the way. LOL
The unloading continues as the TMM payday loan guys dump more and more on the unsuspecting public and paint the tape near the end so it doesnt look so bad. Why havent they shut this turkey down yet?
Thanks shadow why doesnt TMM have anyone with these kinds of credentials? Oh yeah they dont really need anyone to work on vaporware do they?
Wow while TMM continues to do NOTHING that other team seems to just keep getting bigger and better with more patents, more PhDs, more customers, more everything!
Any more news on that upcoming TMM BK?
TMM back to the one cent range on its way down, down, downwards. Lucky are those who got that 2 cents for their several million shares this week. Well not real lucky most of them paid 10 cents a share but still better than nothing or whatever is left after the upcoming BK.
Correct TMM and a big DUMP are almost synonymous its everyones first thought when they think of TMM!
Yes TMM isnt a bona fido anything other than a bona fide scam. Like all of you I cant wait to hear the details of this latest motion against TMM but I like the tune of it already!
Who's turn is it to dump another million or more shares tomorrow? Is it my turn yet? I dont want to be the last one out before the BK starts.
Partially agree I do still think the insiders are painting the tape frequently and sometimes buying a little more than that to stop the drops like this morning after a big dump there was a little buying before the dumping continued.
I can agree the market makers are likely responsible for those 500 and 900 share days we see a lot but not yesterday and today you say only $20,000 but keep in mind those guys paid $200,000 and may be just getting what they can before its all Enron'd to ZERO. And its building should be interesting to watch the implosion.
Like I said TMM DUMPING in process first a token buy then a big dump no doubt the stuck payday lenders are getting what they can some have mega millions of shares they are stuck with and know BK is around the corner time to get some lunch money and move on.
LOL there go the TMM payday lenders buying a few shares at over ask to try and get this turkey moving. Nice try!
Lets see TMM was at 25 cents not that long ago and now at 1-2 cents I think I'd call that headed downwards maybe you meant .006 thats where its going very very soon BK is not usually kind to stock prices. So far today still no suckers stepping up to buy this below junk stock.
Yes TMM DUMPING in process but right now no new suckers seem to be available all the payday loan guys searching for them in desperation time is short the BK coming soon then no chance think about it most of them paid 10 cents a share already down 80% and sinking fast will they take 10% on the dollar or just ride it down to ZERO?
DUMPING of TMM stock expected to continue at least to the extent any more suckers can be found at any price.
Meanwhile, the 30 second TMM partner MaxD officially passes TMM in stock price after coming from far, far back.
urban there are hundreds of things that should have ended this frivolous troll lawsuit TMM initiated before it even started but unfortunately we are still here talking about it although likely not for much longer. The 2002-3 DFMI lawsuit has been posted in the past I saw it on DFMIs web site and maybe others its public knowledge along with the judges declaration in it about DFMI owning the license.
But so far the judge only reads the first line or two of each motion and nothing else, just too much bother for her. Thats why its such a great idea to boil it all down to just two small clear issues for her to end this. Maybe you cannot click something to see that evidence anymore or maybe you can but its all been seen by many or most here and its all public information.
And if she still doesnt want to read a few pages to end this then it goes on another 6-8 weeks and ends there. What is 100% certain though its that it ends in Dimensions favor TMM has ZERO chance to keep its stolen software whether it has a clue or not how to make it work.
Almost one million TMM shares DUMPED today! Its just getting warmed up as the pp holders try to find ANYONE to take this junk off their hands!
TMM back on its downward slide to subpenny and BK! You all know it's coming!
I will leave you two to talk nonsense to each other all of this too far over your heads.