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

To: taxgun who wrote (9527)	6/12/1998 8:43:00 PM
From: Bruce Hoyt	Respond to of 19109

JP, even a 100-1 reverse would be no big deal if ALL shares were subjected to the reverse, including conversion formulas for Preferred shares. Another reason a 100-1 reverse is not likely though is that the resulting float would be too small. I would like to hear Tom or Mike's explanation on the valuation assigned to TMM and ECC in the deal too. As I speculated a few months ago the valuation could be 15 to 30 cents for TMM alone, depending on how you value the potential revenues from lawsuits, and it would be more towards the higher end if the AMCI deal was thrown out. I believe its OK to be cautious and optimistic at the same time. OT: You should see all the Jazz flags around Salt Lake City today. Probably won't help though, Bulls will roll. Bruce

To: taxgun who wrote (9527)	6/13/1998 8:14:00 AM
From: Don Johnson	Read Replies (1) \| Respond to of 19109

jp and some history. jp makes a most excellent point (post #9527) regarding the stock price and any reverse. When I first came on board here (post #4), a month earlier the price/share was about 4 cents, not much different from now. The company was still deep in ch 11, virtually no assets (previous management walked off with them), hardly an office, and zero revenue. By virtue of the IS agreement (post #21) and the very low market cap, price shot up to 27 cents (only to drift down when the technology didn't materialize). Today we have about the same market cap as we had in Feb. 1996 when price/share was around 4 cents (more shares out now). TMM will be out of ch 11 in a few days (so we're told) and about to acquire, according to Tom, unencumbered state-of-the-art multimedia facilities. Now if Tom can clarify all this with press releases and show us where real revenues will come from, then as a simple matter of mathematics (my reader can compute our market cap) we are then at a much much higher price per share that will then only go up from there. Of course the price can get propped up by a 1-100 or reverse with protected shares, but it can only be sustained by real unencumbered assets and real revenues. We'll make sure of that as we can be as destructive as we have been constructive. Remember Joe's Grassroots campaign. Remember how through Larry we raised $40,000 back when they couldn't pay their phone bill. Some of that went for office expenses and to Dave Elliot as he needed money and they couldn't pay him. And I remember when Larry was at the office once, the sheriff came in to lock the place up for non-payment of rent. So Tom is not about to rub us out. It wouldn't be right, wouldn't work, and won't be necessary if things are like he says they are. So what does our friend in the shadows mean by 1-100? The Shadow is a smart guy. I just went over my folder of Shadow posts from SI and elsewhere. It's as though he's privy to the TMM phone/equiv., but other than that just conjecture or extrapolation from what he is privy to. Yet very good information to keep us alert. So the ball is in Tom's court. A lot of people looking for real value follow this discussion. With press releases to support what he has indicated to us regarding assets and real revenues, the stock price will take care of itself and everyone involved will come out ahead.