"I’m pretty sure all shareholders have been screwed evenly across the board! I’d like to see some new investors!"
Please read the following very slowly and carefully:
News Release
TMMI Announces Completion of $1 Million in Equity and New Technology Suite
Effective December 18, 2017, TMMI has completed a $1 million dollar equity conversion. North Star Ventures Holding Company has converted $1,000,000 of its debt to equity, signaling its confidence in TMMI and its new direction. Following the conversion, North Star Ventures Holding Company is now our largest shareholder. The transaction strengthens the Company's financial position and clears the way for additional new funding together with bringing substantial expertise in global marketing to support TMMI bringing its suite of new technology to market. In addition, TMMI believes that the equity conversion will assist TMMI in raising additional capital to support its new technology and to broaden the scope of development across multiple market sectors.
Adding to TMMI's legacy technology, TRUDEF™ Fractal Video codec and its high efficiency TRUDEF™ Player developed primarily for cinema quality 4K played directly from physical media, is the following new TMMI patent pending technology suite:
TRUPIX™ - a scaling tool that permanently up-scales a video frame or multiple frames at up to four times its original resolution. TRUPIX™ outputs in various formats including uncompressed digital video and frames up to 16-bit color depth while maintaining high visual quality compared to the original.
TRUSCALE™ - a hardware accelerated real-time streaming scaler for viewing full screen resolution video up-scaled from smaller resolution sources. Common scale factors include 2x, 3x, and 4x.
TRUZOOM™ - a real time interactive magnifier that allows the user to create an interface to view a particular area of interest in more detail during active video or stop action and playback sequences.
TMMI's new development efforts will unveil unique applications and products utilizing its distinctive technology. President and CEO, Paul Healy states, "TMMI's equity conversion is a significant strengthening of the company's financial position as it launches distinctive new technology. It fuels our development team and marketing roll-out, and fully engages our dynamic Advisory Board, which has been structured to actively support the Company's focus on innovation across multiple market sectors."
