Total Sports Media Inc. (fka TSMI)

[DryLightning]

All that happened in the last 2 months was the diluters collected their 10% interest payment that came due Oct 18.
Interest due is 10% of:
$284,560 + $250,000 = $534,560
10% is $53,456

8k dated 11-19-14
118,743,650 shares diluted

The stock traded around .0005 during the period, less the toxic discount their cost comes around .000275

.000275 x 118,743,650 = $32,655

8k dated 12-10-14
134,647,000 shares diluted

The stock traded around .0003 during the period, less the toxic discount their cost comes around .000135

.000135 x 134,647,000 = $22,217

$32,655 + $22,217 = $54,871

All this means is the diluters got interest; the aprox $500,000 toxic debt is still intact