T M M Inc (TMMI)

[4retire]

Please look closely at 14. It's a 200:1 ratio on series B. Therefore 212,125,139 in the recent private placement, plus 1,000,000 preferred B equals 200,000,000 common, which equates to 412 million shares they have recently used. That brings the count to over 765,000,000 of fully diluted shares.

14. PREFERRED SERIES B STOCK
In December 2017 the Company created 1,000,000 shares of
Preferred Series B Stock out of the 50 Million Shares of
Preferred Stock Authorized. This class of Preferred Stock has
a par value of $0.001 and has no dividend rights except as
may be declared by the Board of Directors.
The holders of the Preferred Series B stock shall be entitled
to participate in the distribution of assets upon dissolution
or liquidation of the company.
The Preferred Series B stock has conversion rights of 200
shares of common for 1 share of Preferred B
15. EQUITY CONVERSION
In December 2017, a group of loan holders converted their
debt obligations of the Company to permanent equity.
$1,000,000 of debt was converted to 213,125,139 shares of
common stock and 1,000,000 Shares of Preferred Series B
stock.