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To: Johnny Stone (10744 )
From: echo Saturday, Aug 8 1998 5:28PM ET
Reply # of 11297
Hi All,
All,
This is only focused at the ones that don't know.
You guys are breaking my heart. Remember when the bad guys tried to get
Taylor, Tom and Dan to take a deal that would have reduced ALL the
common
share holders to 5% of whole (that is 100% to 5%) and give management a
new
20 % if they wouldn't fight the call on a note that as due at a time
when we had just
signed MCI and ISI to a consortium deal that would have paid 24 million
to
TMM + 33 % of all income. We chose to fight for the shareholders and
gave up
2/3 of each of our positions to keep YOU whole (that was 5+million $$ at
that
days stock price each) So that is what they mean when people question
why we
are here, they say "tom why do you bother"I understand what they mean.
I'm
doing this not because I have to, but it was my friends dream that we
started out
of a garage in California. I owe him that dream and a strong TMM that
can help
get the people that had to do with his disappearance.
As for what I have in the company, I have put 100's of 1000's of dollars
into TMM to keep it alive and TMM can't give me stock or anything else
until
it has it to give. I haven't been paid by TMM in over 3 « years. I
dedicated myself
to try to undo what Peter Olsen and his tugs did to TMM and getting it
out of BK
with no money or products by bring my money and products to help it AT
NO
PROFIT to me, I think that allows me the space to say what I will as
nobody out there
has lost as much or dedicated themselves as much as I have to turn this
thing around.
So before we open our pie holes we should know ALL the facts. I have no
obligation
to bring the deals I found in to TMM but I will because I know that most
appreciate what
I have done and what Mike Fernandez has done with Free legal help from
he and his friends
that has to be 90-100 thousand dollars worth minimum and Dave Elliot's
dedication to help
with little to no pay and other that don't want to be mention on this
board that helped. If
not for these people you would have had a company being liquidated by
preferred lenders ,
(that was hours away at one point) I hope this helps you understand all
that has happened
and I remain Sincerely Yours,
Echo
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TMM Inc. (OTC: TMMI)Time: 2:17PMLast Trade
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