Saturday, September 03, 2016 1:20:02 AM
Urban, the modus operendi of TMM over the past two decades was to have a history of PRs and a few here would tout that the latest PR is the greatest thing since sliced bread. All were innuendoes in most PRs then the CEO started to actually (for the purpose of being nice) double speak and fib in his shareholder updates.
Cases in point are (1.) that VDK2.0 was so great and that's what attracted him to TMM. Keep in mind this was in 2011 and they didn't do the CYA of buying DFI until 6/12. (2.) I posted this earlier about the early 2015 update where customers were clamoring for the new product (nothing happened). (3.) The presold TRUPIX. Add in the previous 20 PRs concerning we now work on Android, the MSFT Media Foundation, and Microsoft Surface compatibility and you have a plethora of apparent work that went nowhere. Then we have the infamous RTN joint venture that brought forth one of the biggest trading days in TMM's history and allowed the insiders to dump on NEWS. That's just with the current management team.
The previous management went so far as to PR the fact that they had a MOU to sell DFMI's technology. What they didn't tell everyone was that they had no exclusive codec to sell from Iterated, yet they have that on their website. Mike Fernandez told me that personally when I was at David Elliot's home and was upset when I was viewing a supposed DFMI product, not a TMM product. When I directly challenged Fernandez on that he told me that they could sell Clear Video...so could others.
That's when I turned on TMM. This is well documented on Raging Bull.
A scam then and an apparent scam now.
Cases in point are (1.) that VDK2.0 was so great and that's what attracted him to TMM. Keep in mind this was in 2011 and they didn't do the CYA of buying DFI until 6/12. (2.) I posted this earlier about the early 2015 update where customers were clamoring for the new product (nothing happened). (3.) The presold TRUPIX. Add in the previous 20 PRs concerning we now work on Android, the MSFT Media Foundation, and Microsoft Surface compatibility and you have a plethora of apparent work that went nowhere. Then we have the infamous RTN joint venture that brought forth one of the biggest trading days in TMM's history and allowed the insiders to dump on NEWS. That's just with the current management team.
The previous management went so far as to PR the fact that they had a MOU to sell DFMI's technology. What they didn't tell everyone was that they had no exclusive codec to sell from Iterated, yet they have that on their website. Mike Fernandez told me that personally when I was at David Elliot's home and was upset when I was viewing a supposed DFMI product, not a TMM product. When I directly challenged Fernandez on that he told me that they could sell Clear Video...so could others.
That's when I turned on TMM. This is well documented on Raging Bull.
A scam then and an apparent scam now.
