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Microcap & Penny Stocks : TMMI - Total Multimedia

TMMI 0.0104

-10.3%

Dec 12 9:30 AM EST

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To: Carol S. who wrote (9422)	6/11/1998 12:22:00 AM
From: Don Johnson	Read Replies (1) of 19109

There are many reasons I can think of why ECC would want to be acquired by TMM, and we need to be mighty careful of what can happen. First of all TMM's present market cap is very favorable to ECC and bad for us common share holders on any stock swap. Lack of credible news has gutted the price. Our friend in the shadows warned us of a possible management shenanigan. We could be their next meal, and there are many ways we could get cooked. You can bet we aren't getting millions. There's debt somewhere. We have to be very careful of acquiring debt in an acquisition. Where are we going to get millions to pay off present/future debt? Look at what's happening to ZE's shareholders (see recent news releases and ZE discussions, particularly Bob Utne in Yahoo ZE msgs). LG got majority interest, managed ZE into huge debt, became a lender, and now under a reconstruction plan is cancelling all common shares and gaining 100% of ZE including all of ZE's HTV/other patents, unless ZE shareholders manage to stop their thievery. Our shares in TMM could even all get cancelled legally, and there may be nothing we could ever do about it. Much too early to party.

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