Monday, February 04, 2013 3:34:05 PM
Wonder how this will affect anything?
ACQUISITION OF DIGITAL FOCUS, INC
On June 8, 2012 TMM, Inc completed the acquisition of the
outstanding shares of Digital Focus, Inc. a California
corporation. Digital Focus, Inc.’s sole asset is an
exclusive license agreement to the PVI/SGI source code from
Iterated Systems, Inc.
$12,502 of the Tax Expense reflected on the Income Statement
was paid on behalf of Digital Focus, Inc. These taxes were
franchise taxes paid to re-instate Digital Focus, Inc into
good standing with the State of California
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