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Microcap & Penny Stocks : TMMI - Total Multimedia
TMMI 0.007500.0%Dec 18 4:00 PM EST

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To: Larry Panik who wrote (10986)8/29/1998 10:55:00 AM
From: Bruce Hoyt  Read Replies (1) of 19109
 
Larry, actually I did not include that proposed meeting between Michael, Tom and Dr. Jenkins on my timeline of key events. I looked at that as more of a DD event for Michael as Tom has indicated that they do not really need the tech help at the moment. I would also be surprised if the meeting comes off prior to wrapping up the Media Center deal, which had been estimated at being done around August 25 but that's between those guys. I do hope Michael will share his trip report with us when he does connect with them.

IMO their needs are more in the CASH area right now. With the Jackson hearing continued until October they need to get the Media Center deal signed and start pumping out some services and product, which for all I know may have started. We know a lot of irons are in the fire but the only current revenue producer I am sure of is the TMM website Trudef sales. There are plenty of rumors floating around about interim financing but I'll wait for something official before speculating too far.

Revised timelines:

Early September - Estimated date for media center deal completion

September 1 - Estimated date for RAVE/Blockbuster product production

Late September - Financials: 15C-211 will be filed

Late September - Decision on DVD project with Master Mix

Late September/Early October - TMM website updates

Late September/Early October - Mobil trailer project start

October - Financials: 10Q to be filed

October 29- Court hearing for Jacksons (Continued from August 25)
* Potential asset seizure start

Timing TBD - Shareholder meeting

Timing TBD - Trudef upgrade

Timing TBD - Special effects database project start

Timing TBD - Complete evaluation of ECC emissions product potential

Timing TBD - Virtual Graceland upgrade to DVD

Timing TBD - Kickoff of $ 4+ million ISI lawsuit
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