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


To: David Sirk who wrote (9826)6/18/1998 7:23:00 PM
From: maria  Read Replies (1) | Respond to of 19109
 
TMMI News released:

(PR NEWSWIRE) DJ: TMM Announces Final Order
DJ: TMM Announces Final Order

CAMARILLO, Calif.--(BUSINESS WIRE)--June 18, 1998--Total Multimedia
Inc.(TMM)(OTC BB:TMMI) Thursday announced that it has received a final order
closing the company's successful Chapter 11 reorganization proceedings.
Wednesday's final decree means that the company has paid or settled all
claims from its 1994 bankruptcy proceedings and has complied with the
court-approved reorganization plan.
Company President Mike Fernandez stated: "The action by the Bankruptcy Court
granting TMM a final order is the end of a long process for our company and
a first step in our reorganization. We look forward to pursuing our exciting
new business ventures with the bankruptcy proceedings completed."

CONTACT: Total Multimedia Inc., Camarillo
Thomas Simpson, 805/444-1494, fax: 805/496-1404
19:09 EDT JUNE 18, 1998
*** end of story ***