T M M Inc (TMMI)

[smittysstocks]

The 200+ million shares issued last December to the two LLCs were all new shares, maxing out the current authorized availability. They also cancelled the old management's options and warrants, insuring they could maintain control, except for Stan Ford's oddly enough.

All 200+ million shares were issued at EXACTLY one half cent. Read the last quarterly filings, its all right in there.

Now, they undoubtedly did this because without this level of company control they were never going to get their money back they loaned the company. The question now is can they come up with something that will raise the value enough to make this effort worthwhile.

Yet to be determined. I'm giving them a 54% chance of success. LOL