Mike you and I have been here longer than most. The promise of TMMI is alluring and has been since I thought I understood what their goal was. Having a disruptive and game changing technology that offers real value through bandwidth savings while offering pristine and unmatched clarity is a stock one wants to own.
I thought I had that with TMMI in 2000. As you may recall you and I both were posting like Jay14 and stockpicker7 back then. Then (as Jay has pointed out several times) reality set in and I saw the lies and deception.
I then found ON2Technologies and thought they were the one with a codec that would battle and prevail over MPEGLA. Their VP8 was good and VP9 was rumored to be a killer product. Unfortunately they were swallowed by Google as ONT was hitting profitability. Imagine that....a codec company with revenues and turning a profit.
I (like a lot here) was extremely happy to see Fernandez and crew removed and I had high hopes for the new regime. That was four years ago. As you can tell from my posts the last couple of years, that hope has lost a lot of its luster. Instead of results, we get lawsuits. Sound familiar?
We then get PRs that seem to suggest that we're no longer using fractals. This new proprietary algorithm that will not be influenced by any court decision led me to believe this.
We get announcements about partnering with large companies, showing our now marketable and ready product to NAB (for a couple of years) and no results...yet.
Stockpicker is right. I should be elated since TMMI is hovering around nine cents now. I'm not. I wish you luck Mike and I hope it's not another 17 years.
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