Replies to post #12626 on T M M Inc (TMMI)

[4retire]

loopy you need to do a little bit of homework on DFI, DFMI, Panik and Dimension. DFMI was the one that signed the license deals with Iterated. Even though many here will say that it was supposed to have been done for TMMI's benefit, that all changed when, once again, TMMI couldn't hold up their part of the deal. Just like TMMI couldn't pay Iterated on deals that were made and changed monthly to help TMMI avoid calamity.

Frackedup is right. Iterated's lawyers did state that TMMI have the rights to nothing in December '96. The 2002 court case in Ventura County included a settlement wherein the judge ordered Simpson to give all copies of any VDK2.0 codec to the owners (DFMI). How in the world was TMMI using it in November 2011, per Cavanaugh's shareholder update?

It's on the Dimension website (Iterated's lawyer letter to TMMI) and TMMI's new management team being attracted to TMMI due to the VDK2.0 codec is on TMMI's website..

[Frackedup]

Let's start with who actually paid for the VDK 2.0 codec rights from Iterated. Simpson? Not a dime. Haskins? Not a dime. The 29 other people who got moved to DFMI? Yes, 100% of the money came from them. How's that going to go over with the jury? Think about it.

Panik didn't get the codec from DFI and was never a member of tmm management, not sure why you are stuck on that it isn't true. He, like all the DFI shareholders, had their DFI shares cancelled and were issued DFMI shares. 8 years later Panik foreclosed on his loan and got control of the codec from DFMI. I'd hardly call 8 years quickly, unless I guess you're a 25 year old startup like tmm.

Transfers of the codec from DFI to DFMI to Panik to Dimension were approved by Iterated and its successors. tmm? Nope, buying an known illegal copy of software gives you no rights but it does make you a criminal.