Tokyo! TMMI should get a double with this news posted last night!
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Thursday June 18, 7:08 pm Eastern Time
Company Press Release
TMM Announces Final Order
CAMARILLO, Calif.--(BUSINESS WIRE)--June 18, 1998--Total Multimedia Inc.(TMM)(OTC BB:TMMI - news) Thursday announced that it has received a final order closing the company's successful Chapter 11 reorganization proceedings.
Wednesday's final decree means that the company has paid or settled all claims from its 1994 bankruptcy proceedings and has complied with the court-approved reorganization plan.
Company President Mike Fernandez stated: ''The action by the Bankruptcy Court granting TMM a final order is the end of a long process for our company and a first step in our reorganization. We look forward to pursuing our exciting new business ventures with the bankruptcy proceedings completed.''
Contact:
Total Multimedia Inc., Camarillo Thomas Simpson, 805/444-1494, fax: 805/496-1404
More Quotes and News: TMM Inc (OTC BB:TMMI - news) Related News Categories: computers, internet, telecom
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