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

To: Bruce Hoyt who wrote (10470)	7/16/1998 7:03:00 AM
From: Don Johnson	Read Replies (1) \| Respond to of 19109

Some research Part 1 While as usual nothing seems to be happening as TMMI sinks to become literally a penny stock I thought I'd do a little websurfing and found some interesting stuff. At mci.com I found the following: MCI introduces a new fractal software that will revolutionize the way digital image files are compressed and transferred across enterprise networks. MCI sponsored the development of Genuine Fractals with its technology partner, Altamira Group, Inc., utilizing the patented fractal imaging technology from Iterated Systems, Inc. So according to this, Genuine Fractals was sponsored by MCI and Altamira. Being that MCI states that Altamira was part of the sponsorship (does this mean that Altamira helped fund Iterated's research?) it seems reasonable that Altamira can make marking agreements with others, so at altamira-group.com I found the following: Koyosha to Distribute Genuine Fractals Pro in Japanese Market NEW YORK, NY (March 18, 1998) Altamira Group, Inc. has announced that its new Genuine Fractals Pro image-encoding software will be distributed in Japan through Koyosha Graphics of America, Inc. (KGA) under a recently concluded, exclusive one-year agreement. KGA will be producing the packaging and other ancillaries specifically for the Japanese market, which should be available simultaneously with the U.S. rollout. . . . . (press release continues)

To: Bruce Hoyt who wrote (10470)	7/16/1998 7:16:00 AM
From: Don Johnson	Read Replies (3) \| Respond to of 19109

Some research Part 2 And then I checked and found the head office of Koyosha Graphics at the following URL: www2.koyosha.co.jp Koyosha does the Japanese version of various software products. November last year Koyosha announced that they expected to price Genuine Fractals at 29,800 yen for release in February (http://www2.koyosha.co.jp/news/news_newproducts.html) though it appears from the March news release that that got delayed. Now as I recall there was to be a TMM shareholder's meeting over a year ago concerning some of the aforementioned parties. In fact that press release is still at the TMM website at tmmgroup.com which starts off as follows: Total Multimedia, Inc., of Camarillo, California announced that a shareholder meeting has been scheduled for June 4, 1997 at the Company offices at 80 N.Wood Rd., Camarillo, California. The record date for shareholder participation will be set for May 15, 1997. Formal notices including the agenda and full information packets will be mailed out soon after the record date to all shareholders of record. The purpose of the meeting is to approve a new financing plan, to review certain acquisitions and to approve contractual matters with respect to Iterated Systems, MCI, Fed Com and The Altamira Group. After the meeting which did not occur and the "contractual matters" which did not come up for approval, in September 1997 Altamira got $2 million in seed capital from East-West Capital, soon afterwards Iterated Systems had an initial public offering on the Oslo stock exchange, and now MCI moves ahead with its acquisition by Worldcom and its introduction of software for fractals over networks with its partner Altamira. (I wonder if the sale to Cable & Wireless includes this software since it is part of MCI's Internet business.) In the meantime we are told by a company spokesperson that certain things did not come to pass because of "negativity" by people on an Internet talkboard, but we are assured that the company will move forward sometime "next year" with a smog-control retrofit gizmo. Okay, doing a little more research I found dieselnet.com and soon concluded that there is a lot more than just a little competition. Lots and lots of wanttabees. Altamira, Interated, MCI, and others are putting out press releases concerning contractual relationships and future business. Their products are real and should yield considerable revenue. I don't know if we should buy the argument that "secrecy" forbids our questions from being answered. I thinks it's time for some people to come clean. Comments (productive) anyone?