T M M Inc (TMMI)

[Urbanlegend]

Q: So , who is selling the shares everyday at less than 4 cent in the past one month?

How would I know? It could be market makers shorting. It could be shareholders taking a profit. It could be shareholders selling at a loss because they've lost faith in the company. It could be a combination of all three. The volume is low.

If you acquired the shares at 3.5 cent , it is huge profit...

If you acquired shares at 3.5 cents and sell it at something like 4 cents it is about a 15 percent profit.

....so TMMI will has less chance to hit 10 cent, because anything less than 9 cent is good profit for anyone who acquire the shares at 0.5 cent

I'm not sure I understand who this person is who acquired shares for 0.5 cents is. Maybe explain the math there. But I think I understand your tacit point: is it that people have an incentive to sell well before 10 cents? Yes, that's true. If there was demand for hundreds of millions of shares at 5 cents, I'm sure many shareholders with lots of free trading shares acquired for less than that would be tempted to sell.

... and most likely this guy will sell at less than 10 cent with over400 million shares

Again, who is "this guy"? Paul Healy says he doesn't own any shares, let alone 400 million of them. But yes, once/if there is a market one day for hundreds of millions of shares, and once the converted shares become free to trade, selling at less than 10 cents would be profitable. Selling at more than 10 cents a share more so.