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Urbanlegend

02/11/16 11:46 PM

#22066 RE: jay14 #22063

Let's just remember that the revenue hogwash began with your assertion, which you've repeated, that 1 dollar in interest on money in the bank doubling from quarter to quarter to 2 dollars showed that "revenues" had doubled and this was a trend in the right direction. What it really demonstrated was that the company had raised money in more private placements and was holding some of it in an interest bearing account. I don't think there has been as much criticism about the lack of profit as you say and I think this is therefore a bit of a straw man.

Realists appreciate I think that even if Tmmi developes a marketable line of products large revenue will not be immediate, and may take some time. But there are financial pressures, to be sure. In fact, the company has reported that its financial situation is precarious. That's not a criticism by the way. It is what it is, and I don't doubt that management of Tmmi is doing what it can to stay afloat and develop a viable venture.
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4retire

02/12/16 12:20 AM

#22067 RE: jay14 #22063

There is no story here. There hasn't been one in 25 years. TMMI has made assertions, promises and innuendos that it's just around the corner for decades. That was my point. Yet you state things will get better in the blink of an eye.

I am looking forward to Cavanaugh's update. Keep in mind however that he gave himself one year of wiggle room in the recent article and PR. "Within the next twelve months" I believe was stated.

I want to hear what the legal situation is. I know TMMI has filed to drop their lawsuit and I think Dimension is OK with that. Nothing was said about what Dimension's plans are in relation to their countersuit. As a smart and pragmatic businessman, wouldn't you think that they would have that worked out before stating TMMI was dropping its weapon?

I'm beginning to believe that we may have a mindless and directionless leader at the helm.