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mike1991

07/21/21 8:59 PM

#37000 RE: pennytips #36999

No sales and no revenue. Every so often people get their hopes up and then get deflated when nothing happens. Maybe different this time but I've been here for 23 years and I don't expect anything anymore. JMO
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Stewguts

07/21/21 9:55 PM

#37003 RE: pennytips #36999

"Question. Has TMMI generated any revenue since coming out of bankruptcy, or have they always just been a company in development?"

Fair question, I'd have to say mostly development with one major caveat, TMMI has had to engage and defend its legal ownership of proprietary technology rights for most of the last 2 decades. Somewhat of a financial strain of resources wouldn't you agree?

"SECURITY NOTES
Issued=1-95 per reorganization of TMm, Inc. pursuant to Plan of Reorganization and release from Chapter XI bankruptcy. Basis: 1 sh TMm, Inc. Com (New) for each 1/3, 1/4, or 1 sh Com TMm, Inc. (Old) held depending on which class of Com shareholder is pursuant to Plan of Reorganization. 8-98 company completed Chapter XI reorganization & received Final Order from Bankruptcy Court

SECURITY NOTES
Issued=1-95 per reorganization of TMm, Inc. pursuant to Plan of Reorganization and release from Chapter XI bankruptcy. Basis: 1 sh TMm, Inc. Com (New) for each 1/3, 1/4, or 1 sh Com TMm, Inc. (Old) held depending on which class of Com shareholder is pursuant to Plan of Reorganization. 8-98 company completed Chapter XI reorganization & received Final Order from Bankruptcy Court
"

Now you've got me curious. Why refer to these dated security notes, is there some significance to these events I'm missing?