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Well I said this week not some other random time frame that you are trying hard to average apparently without success. This week would be yesterday 486,000 shares traded and today 1,465,000 shares. I think nearly 2 million shares traded in two days is highly unusual volume for TMM. Which means there is a reason for it.
Actually a lot of volume for TMM this week. Mostly dumping but some bargain hunters stepping in. Still waiting for this big TMM revival under new management. Zzzzzzzzzzz......
Nobody should be worried, it was not Smitty dumping a massive TMM load all over the markets today. But it was a lot of shares for this stock.
The annual report did finally come out late yesterday. Very interesting. Outstanding shares pretty much doubled as of last December when the debt holders converted to stock. And new preferred stock guaranteed their control of any assets should they decide to close the place up.
Over 80 million warrants and options cancelled, that has to hurt for some. Quite the purge going on. But with the hundreds of millions of new shares given out the stock is maxed out if fully diluted unless they increase the authorized to the billions of shares category.
Meanwhile, the court case drags on past the 5 year mark apparently still in the appeals court. Checked on it yesterday on the appeals site, looks like TMM asked for a delay in filing a brief response a couple weeks ago but no sign the court approved it yet. And unlike some of the erroneous reports posted here I found out TMM has still not paid that $54k debt the judge told them to pay long ago. Now the question is whether the court will add another $800k on top of that overdue bill.
Anyone know why TMM missed their SEC filing deadline for the annual report? I dont see any filing for a delay either. Did they close the doors or?
Havent seen this level of TMM dumping in years. Some bad news on the appeal or someone raising bail money or ?
Everyone read the story of the appeals filing disaster done by the TMM lawyer but have you read the refiled brief? Odd but the narrative doesnt match any of how I heard the trial went or what the transcipts online said. Which wasnt good for TMM in case nobody remembers. It wouldnt surprise me if TMM had to pony up that full million dollars the way the appeal is going.
http://caseinfo.nvsupremecourt.us/public/caseSearch.do
Case # 72025
Then to the bottom of the page for the brief.
Ouch who saw that coming? Well besides me anyway. LOL
Look on the bright side after the government finishes taking all their assets which according to the article is likely to happen soon then the US government will be a VERY large TMM shareholder! Maybe us long suffering shareholders can get some action then!
http://www.philly.com/philly/news/breaking/main-line-payday-lender-hallinan-convicted-of-racketeering-conspiracy-20171127.html
Here’s the other half.
https://www.otcmarkets.com/financialReportViewer?symbol=TMMI&id=182656
Bad news for TMMs biggest investor Hallinan and the former(?) TMM lawyer/Boss behind the scenes Neff. That indictment so many said was no big deal has made it trial on federal racketeering charges that could put them both away for a looooooong time!
http://www.philly.com/philly/news/pennsylvania/philadelphia/main-line-payday-lending-pioneer-faces-trial-on-mafia-busting-charges-20170927.html
Wow how about that exciting new tech and the website updates! And new patents too? How about all those industry leading experts on their team? Looking really good!
Oh wait, I'm on the Tmm thread? Sorry thought it was that OTHER company's thread. Tmm is the one with the "Closed for repairs" sign, right? LOL
My understanding is that absolutely none of your information is correct. But you are entitled to your opinion, even if 100% wrong. LOL
Cant wait to see that new TMM website! Maybe TMM will get a run like MaxD did today.
True there was a lawsuit and TMM lost. And from what I have heard one company is doing quite well and the other one is apparently "under construction". LOL
But like all other TMM shareholders I am anxiously awaiting the release of the new website. Cant wait to see what new tech Angelina has come up with!
Wow talk about disgruntled shareholders!
Miss me yet? LOL
To the moon Alice! LOL
Haven't checked in here in ages. Is this still trading?
Found it. Good announcement.
https://finance.yahoo.com/news/max-sound-showcasing-hd-voice-133000374.html
News? Cant find any new maxd news. Where?
Yes MASSIVE profits from my other investments are killing me on taxes I need a big loser to offset some of them. Tmm to the rescue!
TMM hit one cent today two yesterday will we see sub penny soon? Kind of looks like it. I just wish someone would have warned us! LOL
Maybe one of the reasons TMM dropped their lawsuit was that they owed their lawyers $545,000 they still haven't paid. And their case was 100% BS and they knew it. Both good reasons to say "Oops just kidding!"
Check today's range it was 2 cents when I posted. Looks like the private placement guys have given up and are bailing for what they can get. You may wish you took 2 cents soon enough!
2 cents? The sky is falling!!!
WRONG! the judge NEVER ruled on that Dimension pulled it back first to file later. Soon!
They already won that but the Abuse of Process trial still to come = Mega Millions.
And dont forget, TMM already found GUILTY of being a software thief = PRICELESS!
I would imagine Dimension wishes Tmm all the success in the world! After all, they are probably going to owe Dimension a lot of money. LOL
Ok if TMM has this great new tech why is there absolutely no information out there about it including on TMMs own website? No details, no demos, no customers, nothing!
Just hope that whatever it is if anything that it's not protected by Angelina's patent application! LOL
I believe that second license is more correctly the third amendment to the original license with some additional support from Iterated added. It was also in those posted filings online didn't you guys bother reading any of them? They seem to be gone now but you can always ask Panik for a copy he probably has one.
That's a great story but unfortunately none of it is correct. Tmm owns zero Iterated tech, yes it is fractal and finally a lot of hard work has made those tech derivatives incredibly valuable. Not sure who you are trying to fool here but I don't think anyone here is dumb enough to buy any of it. Or anymore Tmm for that matter. Bad times to be stuck with mega millions of worthless stock and options apparently.
urban multiple issues there. First yest DFI was an s corp and had no ability to complete the contract with Iterated since it could not issue shares to them.
Second yes every single shareholder and board member moved from dfi to dfmi with the exact same position and job.
Third the judge ruled on the issue of estoppel since Simpson as the President of both companies swore in the dfmi iterated contract that dfmim was the new license holder. Dfi then proceeded to file tax returms for the next 12 years saying they had no assets while dfmi filed saying they owned the license. Simpson signed both company tax returns.
Fourth Simpson and Haskins issued dozens of documents that said dfmi was the license holder.
Fifth a court action in California in 2003 declared that dfmi was the license holder and told Simpson to turn over EVERY code copy he had, which he swore he die. Yet somehow he keeps a copy and resells it to multiple companies including TMM, who was well aware it was a stolen copy.
Sixth in 2003 Itereated issued a new license to dfmi for the codec.
Seventh Simpson testified in court that in his mind they were the same company so yes dfmi owned the code. And he was TMMs key witness.
The judge could not have made any other decision.
The REAL question for TMM shareholders is HOW did the new group manage to raise over 13 million and spend over 14 million with NOTHING to show for it.
It must be the Dentists fault everything bad that has happened to TMM has been his fault the past 30 years. I mean it couldn't be Tmms own fault they blew tens of millions of dollars, never finished paying for anything and accomplished absolutely nothing during that time. Could it?
As I said a number of times if you read the filings it says that all the Vdk 2.0 versions will be called Pvs/Sgi for the purpose of the lawsuit. It's not rocket science and it's not a mystery.
The license was online probably still accessible in a cache. Or you could walk next door and get a copy from Stan. But reading will not make any of you happy. Besides, although TMM is an empty shell this thread is supposed to be about TMM not the wet your pants terror you all seem to have about the "Dentist" LOL
If you had even the tiniest idea how they are REALLY doing you would have a heart attack. But you don't. LOL
Yes the license was posted online a few years ago and included ALL Vdk 2.0 platforms including Windows and the license holder owns ALL derivatives they create. All TMM bought was a stolen copy of the original no rights went with the stolen property.
You're comparing ON1s Yugo to Dimensions Ferrari? LOL
Dimension has its own patents that sprouted from the Vdk 2.0 tech they are licensed for, any remaining Iterated patents aren't really relevant anymore.
Compressor US 8,351,509
http://patft.uspto.gov/netacgi/nph-Parser?Sect1=PTO1&Sect2=HITOFF&d=PALL&p=1&u=%2Fnetahtml%2FPTO%2Fsrchnum.htm&r=1&f=G&l=50&s1=8,351,509.PN.&OS=PN/8,351,509&RS=PN/8,351,509
Compressor 9,300,960
http://patft.uspto.gov/netacgi/nph-Parser?Sect1=PTO2&Sect2=HITOFF&p=1&u=%2Fnetahtml%2FPTO%2Fsearch-bool.html&r=1&f=G&l=50&co1=AND&d=PTXT&s1=9,300,960&OS=9,300,960&RS=9,300,960
Their upscaling tech is unrelated. Remember, they have a LARGE staff of world class PhDs while TMM has Angelina! LOL
Maybe ON1 actually PAID Iterated for VDK 1.x, unlike the deadbeat Tmm! But the patents behind it are long expired so it doesn't matter. What we do know is both ON1 and Dimension made fractals work and made them profitable. When is Tmm going to do something?
Well those numbers are wrong but let's look at the TMM numbers. Spent a million and LOST, still owe lawyers $545,000 and loan sharks $600,000. And did I mention TMM LOST!