Replies to post #2567 on T M M Inc (TMMI)

[mike1991]

Hope you're right but it sounds like a fight over who owns what and that happened many moons ago.
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