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What are the key facts from the 2000 time frame?
1. 29 investors paid for 100% of the funding for the codec license from Iterated (none of them were named Simpson or Haskins)
2. DFI was an S corp and could not issue stock to non-individuals so they could not complete the contract with Iterated
3. DFI management started DFMI and moved 100% of the board, shareholders, assets, everything to DFMI. Nothing was left in DFI and they stopped filing reports with the state and stopped filing taxes. Eveny shareholder including Simpson and Haskins turned in their DFI shares and got DFMI shares in their place
4. DFI filed its 2000 tax return and reported ZERO assets, shareholders. When tmm restored DFI in 2012 and rewrote history they still showed DFI with ZERO assets in 2001-2012
5. The same CPA filed the DFMI taxes for 2000 and reported the codec license as a major asset. DFMI continued to report the codec as an asset until it was transferred to Panik.
All DFI/DFMI shareholders were assured numerous times in 2000-2001 by all versions of DFI/DFMI management that all assets were in DFMI. This is reinforced in letters, emails and video evidence.
Bring on the jury. The judge has already said claiming anything else is securities fraud!
In the past when money disappeared Fernandez usually ended up with his boat repaired or improved or was discovered attending soccer matches in Germany. Do we know anything about the new guy's toys or hobbies yet???????
Or I could check with the IP Lawyer of the Year or the Past President of the Nevada Bar Association. Yes, tough choice!
Somehow I am not too surprised that nobody else here seems to have trouble with $855,000 missing from the tmm coffers. At tmm, that kind of issue has always been business as usual.
You may want to skip those try outs. Just saying.
No, sorry those numbers do NOT add up. Still $855k unaccounted for in the report.
And its a shame you are not on the other board. You wouldn't have to wonder what they are doing with all those patents and how soon LOADS more are coming!!! hahahahahahaha!!!!!!!!!!!!!!!!!!!!!
Not Einstein? Yes, that would be the understatement of the century wouldn't it? Apparently NONE of you have managed to find your way to the REAL information and barring any brain transplants you are not likely to.
"AT LEAST WE HAVE MONEY IN THE BACK". I have no idea what that means. Are you saying tmm is hiding that missing $855k in the back of something? Sounds painful but whatever.
Yes, tmm is down to two weeks before they have to answer the Judge on their treachery and deceit and BEG her to give them a FOURTH chance to rewrite the lawsuit and a FOURTH delay in suing HP!!!
Financials? Yes I read them. No change, tmm is still all ZEROS!!! Other than a very large sum of missing funds!
SO WHERE DID THE MONEY GO???
Notice how the insiders all dodge 4retire’s question and ask yourself why?
Last quarter tmm raised $1,149,870 plus started with $34,050 in cash. Expenses for the quarter were $229,910 and they had $98,138 in cash at the end of the quarter.
That makes $855,872 left as unaccounted for as I see it. Anyone want to make a guess where it went???
"selected as Lawyer of the Year"
You really want to compare lawyers???
Dimension
Mr. McKirgan is a former certified public accountant with an extensive business background and has been listed in Best Lawyers for several years in Commercial Litigation and Bet-the-Company Litigation. In 2013, he was selected as Lawyer of the Year by Best Lawyers and his local peers for Intellectual Property Litigation.
Mr. McKirgan is a member of the Firm's Executive Committee.
Dan Polsenberg is Past President of the State Bar of Nevada, he is the first Nevadan named a Fellow of the prestigious American Academy of Appellate Lawyers. Dan has more than 30 years of experience representing clients in cases ranging from tort to tax and constitutional to commercial law. He has personally argued over 250 appeals and has written briefs in hundreds more. Dan had previously been president of Beckley Singleton, which partnered with Lewis Roca Rothgerber in 2007. Mr. Polsenberg has over 150 reported decisions.
tmm
M Lee - Well, couldn't find anybody who had ever heard of him.
checkin, if you are trying to be clever or something you need to be less cryptic. Wells Fargo? New Notice? No idea what you are talking about.
Am I accusing them of imbecilement? Well, if the shoe fits.....
Oh sorry, you meant embezzlement? Of course not! I mean, that would be like the feds adding jaywalking onto Al Capone's charges. Kind of overkill don't you think?
But that money went somewhere.....
4retire they pulled that slight of hand with the numbers last report too. Lots of money came in, a little is shown as going out, and the rest just disappears.
With "top management" consisting of two accountants you would think they could get a very small list of numbers to actually add up but NOPE!!!
Sticky fingers has ALWAYS been a problem at tmm!
The Market saw the tmm financials and RAN HOME!!!
Unlike the other day when someone spent $10 to make sure tmm traded that day I guess nobody wanted to TOTALLY WASTE their lunch money today! Or since its Friday and they are stuck with tmm stock I guess spending it on a beer or two made more sense.
You would think those private placement guys (see financials) with mega millions of shares like wiggles, wight and asnezio would spend a few bucks and make tmm look like someone, anyone cares!!!
4retire, I think that was a rhetorical question about you know who! EVERYBODY here knows the answer to that! HAHAHAHAHA!!!!
Still waiting for you to read this IMPORTANT INFO!!!
What are the key facts from the 2000 time frame?
1. 29 investors paid for 100% of the funding for the codec license from Iterated (none of them were named Simpson or Haskins)
2. DFI was an S corp and could not issue stock to non-individuals so they could not complete the contract with Iterated
3. DFI management started DFMI and moved 100% of the board, shareholders, assets, everything to DFMI. Nothing was left in DFI and they stopped filing reports with the state and stopped filing taxes. Eveny shareholder including Simpson and Haskins turned in their DFI shares and got DFMI shares in their place
4. DFI filed its 2000 tax return and reported ZERO assets, shareholders. When tmm restored DFI in 2012 and rewrote history they still showed DFI with ZERO assets in 2001-2012
5. The same CPA filed the DFMI taxes for 2000 and reported the codec license as a major asset. DFMI continued to report the codec as an asset until it was transferred to Panik.
All DFI/DFMI shareholders were assured numerous times in 2000-2001 by all versions of DFI/DFMI management that all assets were in DFMI. This is reinforced in letters, emails and video evidence.
Bring on the jury. The judge has already said claiming anything else is securities fraud!
Where did that BIG tmm server farm go???
Did it get rototilled under? Hahahaha!!!
I think they forgot about that WHOPPER!!!
You seem to be forgetting about the MILLIONS of options or shares these advisors are sucking up, diluting OUR STOCK HOLDINGS!!!
Plus they get MONEY when we have ZERO programmers!!!!
And these 13 advisors have given us NOTHING, NOT ONE SINGLE DEAL!!!
I still see ZERO tmm programmers on that expense list! I guess those job ads must be connected to a phone NOBODY answers huh?
But hey, at least the "consultants" and "admin" are getting paid! Who needs programmers when you have PR writers on staff to make that stock price boogie!!!
Update from Financials!!!
I have some exciting news from the financials!!! Not sure how I missed this the first time I read them but WOW is all I can say!
Interest Income - $2.00
YES! It's true! tmm did make two dollars in interest last quarter! I am SHOCKED that there hasn't been a news release yet today about tmm's most important accomplishment of the year!
The PR is probably coming this afternoon, looking forward to reading it!
tmm FINANCIALS RELEASED!!!
The details of the 1st Quarter ONGOING DISASTER are out and available here:
www.otcmarkets.com/stock/TMMI/filings
But I can save you the trouble of reading it unless you really enjoy bad news:
NO REVENUES!!! Check!
NO PRODUCTS!!! Check!
NO PATENTS!!! Check!
NO CUSTOMERS!!! Check!
NO TECHNOLOGY!!! Check!
NO PRIOR ART!!! Check!
WORTHLESS MISMANAGEMENT TEAM!!! Check!
NOT EVEN AN OFFICE!!! Check!
MORE DILUTION WITH NOTHING TO SHOW FOR IT!!! Check!
WHERE'S THE BIG NEWS PROMISED 4 MONTHS AGO???
tmm's DEMENTED mismanagement group has STILL not produced the promised BIG NEWS!!!
Yes, they got an overnight TRIPLING OF THE STOCK PRICE ON THE NON-NEWS but then... NOTHING!!!
You have to wonder how much the insiders made on that pump and dump!!!
tmm mismanagement team - Nice AND PROFITIBLE gig if you can get it!!!
tmm understand legality? HAHAHAHAHAHA!!!!!!
YOU MUST BE KIDDING!!! These guys are a bunch of SOFTWARE THIEVES NOT BUSINESSMEN!!!
FRAUD, THEFT AND CONSPIRACY!!! tmm is Guilty!!!
Judge Ellsworth doesn't care what tmm thinks!!!
Of course she's not the case judge anymore hahaha! It's Judge Gonzalez! And she also has no reason to care what tmm thinks!!!
Judge Gonzales said this about tmm after ANOTHER of their endless BEGGING for delays, "I'm giving you just enough rope to HANG yourself!!!"
tmm will be back in court on the 28th to BEG for a FOURTH chance to write a lawsuit and to BEG for a FOURTH delay in serving HP. And yes, the Judge should be slamming the hammer on them for their TOTAL INEPTITUDE AND COWARDICE!!!
You really want to compare lawyers???
Dimension
Mr. McKirgan is a former certified public accountant with an extensive business background and has been listed in Best Lawyers for several years in Commercial Litigation and Bet-the-Company Litigation. In 2013, he was selected as Lawyer of the Year by Best Lawyers and his local peers for Intellectual Property Litigation.
Mr. McKirgan is a member of the Firm's Executive Committee.
Dan Polsenberg is Past President of the State Bar of Nevada, he is the first Nevadan named a Fellow of the prestigious American Academy of Appellate Lawyers. Dan has more than 30 years of experience representing clients in cases ranging from tort to tax and constitutional to commercial law. He has personally argued over 250 appeals and has written briefs in hundreds more. Dan had previously been president of Beckley Singleton, which partnered with Lewis Roca Rothgerber in 2007. Mr. Polsenberg has over 150 reported decisions.
tmm
M Lee - Well, couldn't find anybody who had ever heard of him.
Hahaha!!! That "drivel" will put the DEMENTED tmm goup out of business!!! Not that they actually ever had any business anyway!!! Hahaha!!!!!!!!!
NO REVENUES!!! Check!
NO PRODUCTS!!! Check!
NO PATENTS!!! Check!
NO CUSTOMERS!!! Check!
NO TECHNOLOGY!!! Check!
NO PRIOR ART!!! Check!
WORTHLESS DEMENTED MISMANAGEMENT TEAM!!! Check!
NOT EVEN AN OFFICE!!! Check!
MORE DILUTION WITH NOTHING TO SHOW FOR IT!!! Check!
tmm HAS ZERO CHANCE IN COURT!!!
I guess you still didn't read this did you? The DEMENTED tmm mismanagement group has no chance of even surviving the Statute of Limitations issue!!
What are the key facts from the 2000 time frame?
1. 29 investors paid for 100% of the funding for the codec license from Iterated (none of them were named Simpson or Haskins)
2. DFI was an S corp and could not issue stock to non-individuals so they could not complete the contract with Iterated
3. DFI management started DFMI and moved 100% of the board, shareholders, assets, everything to DFMI. Nothing was left in DFI and they stopped filing reports with the state and stopped filing taxes. Eveny shareholder including Simpson and Haskins turned in their DFI shares and got DFMI shares in their place
4. DFI filed its 2000 tax return and reported ZERO assets, shareholders. When tmm restored DFI in 2012 and rewrote history they still showed DFI with ZERO assets in 2001-2012
5. The same CPA filed the DFMI taxes for 2000 and reported the codec license as a major asset. DFMI continued to report the codec as an asset until it was transferred to Panik.
All DFI/DFMI shareholders were assured numerous times in 2000-2001 by all versions of DFI/DFMI management that all assets were in DFMI. This is reinforced in letters, emails and video evidence.
Bring on the jury. The judge has already said claiming anything else is securities fraud!
DEMENTED tmm financials due this week!!!
Gee, I wonder what we will learn???? Or will it still be 25 YEARS of the same old news???
NO REVENUES!!! Check!
NO PRODUCTS!!! Check!
NO PATENTS!!! Check!
NO CUSTOMERS!!! Check!
NO TECHNOLOGY!!! Check!
NO PRIOR ART!!! Check!
NOT EVEN AN OFFICE!!!Check!
WORTHLESS MISMANAGEMENT TEAM!!! Check!
MORE DILUTION WITH NOTHING TO SHOW FOR IT!!! Check!
Hahaha, still looking for that non-existent patent office reference to tmm prior art huh???
Talk about sore losers!!! Dimension crushed tmm in that patent office debacle where tmm TOTALLY BLEW HUNDREDS OF THOUSANDS OF INVESTOR DOLLARS AND GOT NOTHING!!!
And the funniest part, the patent office awarding Dimension ANOTHER new patent the day after Dimension pared its prior patent down to the key parts and LEFT tmm NOTHING!!! HAHAHAHAHA!!!!!
Dimension's patents are worth MEGA MILLIONS!!! AND MORE COMING ANY DAY NOW!!!!
tmm's patents.....Sorry, there aren't any!!!!! Hard to patent STOLEN SOFTWARE!!!
Hey that's really clever...OR NOT!!!
Looks like you need another copy of the year 2000 events! You shouldn't worry so much about the demented tmm mismanagement group, I'm sure they will be fine other than LOSING EVERYTHING!!!
NEVADA CASE UPDATE!!!
Actually tmm has NO case, NONE!!! All they can do is BEG the Judge for delay after delay after delay!!!
And write and rewrite and rewrite and rewrite that STILL TOTALLY LAME COMPLAINT!!! Four times??? How dumb can their lawyers be???
Will she pull the plug on tmm's stalling on the 28th????
You're still answering THE WRONG QUESTION!!!
Listen to Frackedup, he is ALWAYS 100% CORRECT!!!
And take the time to really read AND STUDY this!:
What are the key facts from the 2000 time frame?
1. 29 investors paid for 100% of the funding for the codec license from Iterated (none of them were named Simpson or Haskins)
2. DFI was an S corp and could not issue stock to non-individuals so they could not complete the contract with Iterated
3. DFI management started DFMI and moved 100% of the board, shareholders, assets, everything to DFMI. Nothing was left in DFI and they stopped filing reports with the state and stopped filing taxes. Eveny shareholder including Simpson and Haskins turned in their DFI shares and got DFMI shares in their place
4. DFI filed its 2000 tax return and reported ZERO assets, shareholders. When tmm restored DFI in 2012 and rewrote history they still showed DFI with ZERO assets in 2001-2012
5. The same CPA filed the DFMI taxes for 2000 and reported the codec license as a major asset. DFMI continued to report the codec as an asset until it was transferred to Panik.
All DFI/DFMI shareholders were assured numerous times in 2000-2001 by all versions of DFI/DFMI management that all assets were in DFMI. This is reinforced in letters, emails and video evidence.
Bring on the jury. The judge has already said claiming anything else is securities fraud!
NOT TRUE!!! Check the tmm financials! tmm issued the shares DIRECTLY to Simpson, Haskins and certain of their friends and ignored the rest of the old DFI shareholders! Good luck in court with that story. tmm really blew it by not issuing shares to every old DFI shareholder, that was their only chance to try and push their baloney story past the judge and jury.
I keep posting the SAME story but you continue to not read it. It's not hard to understand. You want to pretend DFI and DFMI were two different companies floating along until they merged but that is not what happened.
DFMI was created to complete the deal with Iterated BECAUSE DFI COULD NOT!!! EVERYBODY in DFMI came from DFI and NOBODY had any DFI stock left after the move. NOBODY!!! Which makes the 2012 deal OUTRIGHT FRAUD!!!
This will be VERY EASY to show in court, tmm cannot win that argument. All the records, video taped shareholder meetings of DFI and DFMI, stock certs, EVERYTHING still exists unfortunately for Simpson, Haskins and tmm. As Judge Ellsworth said, "I find your admission of SECURITIES FRAUD very surprising!"
Still too difficult to understand???
Iterated wanted to issue a license to DFI BUT THAT FELL THROUGH!!! DFI was unable to complete the license because it had to issue stock and could not legally do it. DFI NEVER HAD A LEGAL LICENSE TO THE CODEC!!!
Iterated then issued the LEGAL LICENSE to DFMI, where the 29 individuals who actually paid for it were.
If you have a problem with DFMI receiving that license, you need to take it up with HP, their successor, JUST LIKE THE JUDGE ORDERED LAST AUGUST!!!!!!!!!!!!!!!!!!!
NOBODY is using tmm's STOLEN SOFTWARE!!!
First, tmm has NO IDEA how to use it themselves! How could they, they have ZERO programmers!
Second, what company would be stupid enough to use STOLEN SOFTWARE when the crooks are already being sued for STEALING IT!!!
NOBODY!!! NO CONTRACTS COMING!!! NOTHING BUT FLUFF PRs!!!
NO REVENUES!!!
NO PRODUCTS!!!
NO PATENTS!!!
NO CUSTOMERS!!!
NO TECHNOLOGY!!!
NOT EVEN AN OFFICE!!!
ON THE CONTRARY, JUDGE ELLSWORTH CONFIRMED A LOT!!!
Her words IN COURT about the plaintiffs, "I am surprised at the admission of securities fraud!". That says a lot to me!!!
And Judge Gonzalez said this IN COURT about tmm after giving them another of their endless BEGGING delays, "I'm giving you enough rope to hang yourselves!"
You need to understand Nevada courts! The judges HATE being overruled in appellate court and will make NO DECISONS that could be overruled later. Hence, tmm has been able to make FOUR attempts at writing a lawsuit and has ENDLESS delays in court hearing and FOUR delays in serving HP its lawsuit.
HOWEVER, that does catch up with you eventually. tmm LOST their last motion on Feb 5, MOTION DENIED!!! And they will lose the rest of their RIDICULOUS STALLING MOTIONS!!!
Here ya go!
What are the key facts from the 2000 time frame?
1. 29 investors paid for 100% of the funding for the codec license from Iterated (none of them were named Simpson or Haskins)
2. DFI was an S corp and could not issue stock to non-individuals so they could not complete the contract with Iterated
3. DFI management started DFMI and moved 100% of the board, shareholders, assets, everything to DFMI. Nothing was left in DFI and they stopped filing reports with the state and stopped filing taxes. Eveny shareholder including Simpson and Haskins turned in their DFI shares and got DFMI shares in their place
4. DFI filed its 2000 tax return and reported ZERO assets, shareholders. When tmm restored DFI in 2012 and rewrote history they still showed DFI with ZERO assets in 2001-2012
5. The same CPA filed the DFMI taxes for 2000 and reported the codec license as a major asset. DFMI continued to report the codec as an asset until it was transferred to Panik.
All DFI/DFMI shareholders were assured numerous times in 2000-2001 by all versions of DFI/DFMI management that all assets were in DFMI. This is reinforced in letters, emails and video evidence.
Bring on the jury. The judge has already said claiming anything else is securities fraud!
12, 11, 10, 9, now 8 cents and sinking FAST!!!
That BOGUS PR tripled the price overnight but did anyone but the insiders benefit?
Now it is sliding back down towards oblivion!!!
YES! This tmm mismanagement group are creeps but even worse they are SOFTWARE THIEVES!!!
Guilty of FRAUD, THEFT, CONSPIRACY and more!!!
Read the REAL evidence, they are TOAST!!!
YES!!! My FACTS are 100% CORRECT AND FACTUAL!!! One trip to the
Vegas court will completely convince you, you should try it! All the documents are on file and PROVE my statements!
On the other hand, tmm's case is TOTAL FLUFF and MEATLESS, just like its 26 recent PRs!!!
"tmm spent millons", hahahaha tmm spent NOTHING! Others spent that money, not tmm. Kramer was wacked out and did NOTHING!
"Howe Street", hahaha that smitty is on top of it isn't he?
What are the key facts from the 2000 time frame?
1. 29 investors paid for 100% of the funding for the codec license from Iterated (none of them were named Simpson or Haskins)
2. DFI was an S corp and could not issue stock to non-individuals so they could not complete the contract with Iterated
3. DFI management started DFMI and moved 100% of the board, shareholders, assets, everything to DFMI. Nothing was left in DFI and they stopped filing reports with the state and stopped filing taxes. Eveny shareholder including Simpson and Haskins turned in their DFI shares and got DFMI shares in their place
4. DFI filed its 2000 tax return and reported ZERO assets, shareholders. When tmm restored DFI in 2012 and rewrote history they still showed DFI with ZERO assets in 2001-2012
5. The same CPA filed the DFMI taxes for 2000 and reported the codec license as a major asset. DFMI continued to report the codec as an asset until it was transferred to Panik.
All DFI/DFMI shareholders were assured numerous times in 2000-2001 by all versions of DFI/DFMI management that all assets were in DFMI. This is reinforced in letters, emails and video evidence.
Bring on the jury. The judge has already said claiming anything else is securities fraud!
tmm’s biggest problem is “pilfered art”!!! Hahaha!!!
They have NO “prior art”! And how can they have a new proprietary algorithm with ZERO programmers??? Much less having NOBODY from Iterated who wrote the original VDK codecs. Sloan was there but he was NOTHING but a pencil pusher after the company got started.
SOUNDS MORE LIKE VAPOR VIDEO!!! None of which was paid for by or belonged to tmm!!!
"Thomas Mackie refounded the new TMMI in 2008". Hahaha, that would come as quite a shock to anyone actually affiliated with tmm then wouldn't it? The guy is one of the USELESS 13 faces tmm is renting as advisors and had NOTHING to do with tmm back then or most likely now either!!!
More about ClearVideo!!!
Although Iterated was liberally passing out copies of ClearVideo back in the 90's they did eventually sell the code to another company called Enxnet!
tmm may also feel it has to pretend to use the old codecs instead of admitting to using ClearVideo because they fear problems with the actual owners!
http://www.wikinvest.com/stock/Enxnet_%28EXNT%29/Clearvideo_License
ClearVideo License
In March 2000, the Company acquired exclusive licensing rights, from Iterated Systems, Inc., to compile, use, copy and modify ClearVideo Source Code and to create and manufacture products and services. As part of this acquisition Ryan Corley acquired the rights for using the ClearVideo Source Code for video/audio streaming over the internet of TV type programming and content. Additionally, the license agreement provides that the Company may sublicense any products and services that it creates using the technology under the licensing agreement. The license was acquired for a $250,000 note payable and the issuance of 297,500 shares of common stock, valued at $2,975.
http://www.enxnet.com/html/products.html