SI
SI
discoversearch

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor.  We ask that you disable ad blocking while on Silicon Investor in the best interests of our community.  If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.
Pastimes : Georgia Bard's Corner
 Public ReplyPrvt ReplyMark as Last ReadFilePrevious 10Next 10PreviousNext  
To: Vegas who wrote (2103)5/16/1998 2:00:00 AM
From: Crossy   of 9440
 
TMMI

Vegas,
thanx for the alert. But I don't think TMMI has the credentials to be regarded as anything besides a momentum play. An interesting case study, though - quite a soap opera with many characters intertwined.

First of all the thread has 8500+ posts. I parsed thru a good deal of it this evening. Point is the company seems to need no revenues <g> so it resorts to DILUTION. Currently 100 million shares issued, 200+ million possibly authorized. To many ifs and unless' in the air. Meanwhile the cash-burning machine goes on. A close-knit group of dedicated investors - true. However I prefer prospects instead.

This company needs to emerge from BK and then it needs an reverse split. This might be bad for current shareholders but a 10 million float is better suited to generate meaningful future earnnings per share than a 130 million float. June 17 is the next date - You are right. But as many can learn from events like the CVIA/WOTD merger huge floats cry for a reverse split - it WILL happen - so I wait before even considering TMMI. Anyway, they DO have promising technology. I'm patient - especially when I'm not yet into a stock - so is 99,9% of the investment public that is NOT into TMMI as of now..

So let me stress it again: my alert will be the time when either
1) reverse split is announced - I would buy after if at all
2) TMMI is merged into another company - the combined company should rather be considered..

best wishes
CROSSY
Report TOU ViolationShare This Post
 Public ReplyPrvt ReplyMark as Last ReadFilePrevious 10Next 10PreviousNext  

HomeMailHotSubjectMarksPeopleMarksKeepersSettings
Terms Of UseContact UsCopyright/IP PolicyPrivacy PolicyAbout UsFAQAdvertise on SI
© 2026 Knight Sac Media.  Data provided by Twelve Data, Alpha Vantage, and CityFALCON News