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Microcap & Penny Stocks : TMMI - Total Multimedia -- Ignore unavailable to you. Want to Upgrade?

To: paul goldstein who wrote (5939)	11/1/1997 11:53:00 AM
From: Bruce Hoyt	Respond to of 19109

Paul, I thnk you speed read the news release and missed some key points. An excerpt: "Under the agreement, TMM will proceed to recover on certain claims in excess of 5 million dollars, the proceeds of which will be used to pay down the preferred lenders debt as well as fund TMM projects. As part of the agreement, the preferred lenders have agreed to fund TMM projects, including the marketing and distribution of the highly regarded TRUDEF line of compression." Proceeds will be used to fund TMM projects as well as paying back obligations. In return, the Preferred Lenders agree to underwrite the current TMM projects. This is important since it assures that our Trudef and other item everyone knows about will get to market soon. The risk on recovering the money owed to us is really on the Lenders, not us. Yes, it does appear that much of our revenues for a while will go to pay old debts but you need to reread the AMCI merger agreement to see that payments to them is not an issue for the next year or so. The key item that will drive stock price is REVENUES period. Whether they go to pay bills or help fund R & D does not matter as much as just having revenues and guaranteed money for cash flow AND WE HAVE IT!!! As far as the visit to Stellar Solutions, JP and I were trying to get the perspective of a TMMI business partner on what TMMI's chances were. The choice was excellent since the President has had such a long personal relationship with so many current and past TMMI personnel. I liked 90% of what I heard and the other 10% is easily fixable and being addressed at this time. We are not touting Stellar but many may be interested in their PP and I will be happy to pass on information when I get it. I try to never own less than 4 small stocks to keep some diversification so it never hurts to learn more about another small growth company. Face it Paul (and Arnie), we are over that hump and TMM is alive with real revenues coming in before XMAS, just like Tom promised. Put on those happy faces, :o) Bruce