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Seems obvious but yeah I can explain. Up till the point where Dimension won the case proving TMM had no rights to the VDK codec other companies would of course been reluctant to license from Dimension. Harm done in the mega millions by the software thieves!
Once Dimension won the case and confirmed their ownership rights, that problem no longer existed, much like TMM itself, and Dimension marched forwards.
LOL in 30 years TMM has NEVER had any news of substance!
I think you are hanging out on the wrong street! LOL
I think you forget the other side is an actual real company with products and customers. TMM however has NOTHING and is over one million dollars in debt with the collection clock likely ramping up.
Please, tell us how TMM survives this? I dont see it.
No TMM trades so far today. Is it possible the world ran out of suckers? That would be bad news for TMM. LOL
I do worry that TMM might lose their Netflix subscription due to the mounting attorney fees. $545,000 in the hole now plus another $600,000 in past due loans and looking at another 4 years of court hearings.
That $10 subscription may be tough to afford I dont think netflix lets you "accrue expenses". LOL
Nobody cares whether TMM is in meditation or not! They will only harm themselves if they try to think hard. Sometimes you just have to stick with your limitations. For TMM, that means lincoln logs and netflix.
Well not entirely accurate all of the prior attorney fees and costs are under appeal by Dimension against TMM but the resurrection of the Abuse of Process claim under a different judge will be the icing on the cake. When will that hammer fall? Soon maybe? LOL
And how about that million TMM spent that they both borrowed and owe to loan sharks and the $545,000 they owe to the stiffed TMM lawyers? No current appeals or proposed actions get that money back TMM totally blew it! Meanwhile, NOTHING accomplished on trying to become an actual real business, as usual.
Looks like everyone is on the wrong stock blogsite once again this is the TMM site where we get to celebrate the fabulous TMM successes.
Im sure those big successes are coming any day now its only been 30 years it could happen tomorrow. Or maybe we have another 30 years to wait not sure. I know the champagne and balloons went flat long ago and the chips and dip are looking real sad. And dont get me started on the brownies. LOL
Well thats disappointing someone forgot to paint the tape at the closing bell today. Nothing traded all day. What happened, did everyone read my note from last nights blog and get bummed out? Understandable I guess.
Come on guys whos turn is it to buy a few shares of TMM today? And whos signed up to paint the tape at the end of the shift? We have to get these assignments better organized. Madoff would not be impressed by this sloppiness!
Seems to be really bothering some here on the TMM blog that they know less than nothing about a totally different company they have no financial interest in. Maybe they need a new hobby if nobody will tell them anything. Or maybe they can't hear you because the party music is just too loud. LOL
Actually, the judge incorrectly set aside 8 of the claims. Dimension then put the Abuse of Process claim on hold and pursued the final claim to victory. The other claims are not dead they may be brought back. At least the Abuse of Process claim seems destined to be back in court soon.
Get a comfortable chair this will be going on a long, long time!
CRUSHING LAWSUIT LOSS FOR TMM!!!
Why? Many reasons.
1. TMM lost, accept it. In any lawsuit there is one winner and one loser. TMM is the LOSER.
2. By losing TMM was convicted and labeled as a Software Thief!!! No sugarcoating it, they were busted red handed.
3. TMM blew about a million dollars on the losing lawsuit that could have gone to maybe trying to create a real business.
4. TMM borrowed over $600,000 to help pay for that lawsuit that they still owe to someone on who knows what terms other than we know they are paying interest on that long gone money.
5. TMM stiffed their lawyers $545,000 and still owe that you have to imaging those lawyers will not consider that a write off will they? They will be coming back after TMM and probably soon.
6. TMM doubled its outstanding shares, diluting shareholders by a factor of 2 during the lawsuit. And now there are also hundreds of millions of warrants and options out there that were not there before the lawsuit started.
7. TMM still faces appeals and a likely abuse of process lawsuit that could cost another million dollars to defend in another losing effort. Losses there could cost TMM millions of dollars more!
8. Yes, TMM currently owes Dimension about $54,000 that I dont think they have paid yet unless someone has heard otherwise.
Hows that for a starter list of HARD COLD FACTS?
Well I think everyone but you understands that when the financials say $81,128 to consultants, $39,000 to directors and another $113,495 for "administration fees" that clearly that includes directors, officers and advisors, as well as a few others like the CPA. Unfortunately for them TMM lists the patent lawyers as being stiffed along with the lost lawsuit lawyers.
I dont recall saying "vast sums" that would be your words but the point is why is TMM paying them anything? They have to this point been entirely worthless TMM has accomplished NOTHING while securing a major lawsuit loss!
Still, those sums could have probably been put to better use. Odd that they pay their directors, advisors and management members but stiff their lawyers $545,000 according to their financials.
Yes! $81,128 to consultants, $39,000 to directors and another $113,495 for "administration fees".
And for all that money and much much more spent, NOTHING was accomplished. Congrats TMM!
Oh my it seems some are having trouble keeping it all together. A little tense over the failure of TMM to accomplish anything and likely looking at NOTHING but another 3-4 years in court? Sorry, take it up with the 18 totally useless PAID TMM management team. LOL
What I said was the volume was 6666 WHEN I POSTED about it, which was prior to the end of trading. As for Panik, who said he wasn't paying anyone? I just said there is only one director, board member and officer.
As for TMM, please tell us again about the TMM revenues under these 18 PAID officers, directors and advisors? I could have sworn it was NOTHING. LOL
Hate to burst your bubble but when I posted about the volume it was exactly 6666 shares traded, a TMM number if there ever was one.
As for Dimensions management team would you rather have one efficient person in charge or 18 totally useless but PAID idiots like TMM is doing?
Interesting are you trying to say Panik posted here recently? Havent noticed any new posts from him in a long time. As far as I know he is the only board member/director/officer that company has ever had. Maybe you should check the Nevada sec of state site. LOL
Looks like thousands of disgruntled TMM shareholders are holding their noses and dumping when they get the chance. The big problem is finding a dumber sucker to take it off their hands. LOL
Actually unlike TMM some companies actually have products, customers, revenues, etc.. A concept TMM is completely unfamiliar with apparently. LOL
I doubt this litigation is going away anytime soon. By the time the appeals are beat to death and the abuse of process claim lawsuit is done I think its reasonable to assume both sides will spend another million bucks each right? TMM still hasnt paid the first round of lawyers how will they pay for another 3+ years of them? That is the question.
I see the problem, some are confused about this thread. Its a TMM thread and we should stick to discussing TMM. Of course since there is nothing to discuss about TMM we should really be allowed to discuss pizza, as long as it meets my minimum standards. And for the record I am OK with anyone paying for my pizza.
Sorry, they can keep the pineapple off the pizza too. Im a purist. I want to see red sauce, pepperoni, sausage, olives, tons of cheese, mushrooms and not much else. Maybe a few peppers. I can also do deep dish if its done right.
My charitable contributions are legendary just ask the IRS but I never disclose the details it would be unseemly dont you think? But yes anytime there is free pizza you should count me in. Unless they put chicken or white sauce on it then you should just toss it in the garbage!
Sorry Im just an unpaid disgruntled TMM investor at this point but since my posts seem to have kept the TMM price higher someone should be rewarding me right? None of that cheap pizza pizza either I want the good stuff.
Sounds good tell them $25US a post and all the pizza I can eat...daily! Works for me, who says settlements are that hard?
Urban NOBODY reigns me in except my grandmother Ive just been on holiday for a while and was too busy to hang out here with the boys.
I did notice that since Ive been off the boards the past 9 days the stock price has actually gone down, proving that TMM should be paying me to shill for them instead of those other guys! I provide much better value!
Maybe you can be my agent, see if Stan or Gerry are interested!
Urban Im still not seeing that TMM world wide marketing campaign have you? Wondering whats next will it be big fluffy PR or BK or another court hearing or post lawsuit loss website update or?
I think I'll stick to blackjack and cribbage. And no documents needed.
Sorry if my saying over and over again that there may or may not be docs related to the TMM abuse of process online confuses you but if they are there are you are on your own to go find them. Happy googling. And I never heard of 4 card poker is that like 3 card Monte?
No I said there may or may not be docs online better explaining the proof of the abuse of process. You could start with the filed court docs on the Dimension website. Or not if you dont want to. I tried to help but apparently nobody wants others to read it.
If you are Sergey Brin maybe you could help them out on the MaxD blog seems to be some confusion over there. Photo of Hoyt? Theres a headshot on the website but I dont see any cards.
LOL nobody asked me to do anything. But about once a quarter I try to clear up the issue not that most believe me anyway. Thats their problem I answer to nobody when commenting on my TMM investment.
Why dont you try calling TMM to get any answers to your questions? Yeah, I thought you might know how useless that would be. Nobody even around to answer that payphone in the back of the bar anymore.
TMM lost a million bucks on their troll attempt to keep the stolen software and stiffed their lawyers $500,000 and owe another $700,000+ in loans plus ongoing interest. Meanwhile they continue to pay 18 useless officers and "advisors" even with ZERO revenues. They face millions more in appeal lawyer fees and a likely new lawsuit on their flagrant abuse of process.
Meanwhile, that other company is sailing along quite nicely!
Who's the biggest loser? Seems pretty clear. LOL
Correct convicted software thief TMM has many more problems than just getting crushed and found GUILTY in their lawsuit. With no revenues, no products, no customers, no office, MASSIVE DEBT and no hope it appears to be TOAST!
You're still assuming they are not making money you should update your assumptions not everybody is a productless shell company like TMM.
Yet nobody here has the slightest clue how deep their pockets are or how much money they are making. Unlike the convicted software thief TMM I hear they actually pay their lawyers and other bills.