SI
SI
discoversearch

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor.  We ask that you disable ad blocking while on Silicon Investor in the best interests of our community.  If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.
Microcap & Penny Stocks : TMMI - Total Multimedia -- Ignore unavailable to you. Want to Upgrade?


To: Johnny Stone who wrote (10477)7/16/1998 10:47:00 AM
From: DR. MEADE  Respond to of 19109
 
Although I agree that there have been some major dissappointments, I think the most important thing now, is to look to the future, and hope Tom and crew have learned from the mistakes, and they they will capitalize on their 2nd chance. I like what Tom has done since the final order and I hope he will keep us informed in TMMI's progress. **********Thursday June 18, 7:08 pm Eastern Time

Company Press Release

TMM Announces Final Order

CAMARILLO, Calif.--(BUSINESS WIRE)--June 18, 1998--Total Multimedia
Inc.(TMM)(OTC BB:TMMI - news) 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

------------------------------------------------------------------------
More Quotes and News:TMM Inc (OTC BB:TMMI - news)Related News
Categories: computers, internet, telecom
------------------------------------------------------------------------

Help

------------------------------------------------------------------------
Copyright c 1998 Business Wire. All rights reserved. All the news
releases provided by Business Wire are copyrighted. Any forms of copying
other than an individual user's personal reference without express
written permission is prohibited. Further distribution of these
materials is strictly forbidden, including but not limited to, posting,
emailing, faxing, archiving ina public database, redistributing via a
computer network or in a printed form.
See our Important Disclaimers and Legal Information.
Questions or Comments?



To: Johnny Stone who wrote (10477)7/16/1998 10:48:00 AM
From: DR. MEADE  Respond to of 19109
 
Wednesday June 10, 3:34 pm Eastern Time

Company Press Release

TMM Announces Stock Swap with ECC

CAMARILLO, Calif.--(BUSINESS WIRE)--June 10, 1998--TMM Inc. Wednesday
announced that it has entered into a memorandum of understanding to
acquire Emission Controls Corp. (ECC), a Nevada corporation, with
offices in Colorado.

ECC is the developer and patent holder for the Natural Resources Fuel
Reformer (NRFR) system, which delivers hydrocarbon-based fuels to the
internal combustion engine with its proprietary technology as to exhaust
near-zero toxic emissions and pollutants.

ECC has developed a system which breaks down the structure of
hydrocarbon fuels and produces a type of fuel that the engine can burn
cleanly and more efficiently. The product is designed as a retrofit for
autos that are non-compliant with the EPA emission standards and as a
replacement for virtually all emissions control systems, including
catalytic converters, on new cars.

TMM will begin marketing the NRFR systems for delivery in spring of
1999. The acquisition will be in the form of a stock-for-stock exchange.

TMM will provide its technology and multimedia background to build
on-line video training and instruction capabilities that will guide the
repair and retrofit process for the NRFR system worldwide.

ECC President Syd Cooke stated from the company offices in Colorado:
''We are excited about this association with TMM. Their technology
background will bring to the venture the ability to train and provide
at-work assistance to mechanics worldwide. One of the challenges of our
effort is to be able to provide instant instruction for retrofit
customers. With TMM's video technology and Internet expertise they are a
perfect fit for our marketing effort.''

During the transition period both companies will work out of
soon-to-be-announced office space located at the Lowry Air Force Base
Development Park in Denver.

TMM Chief Technology Officer, Tom Simpson, stated: ''The facility
available to us at the Lowry Development facilities are some of the best
in the nation. They have full multimedia production capabilities,
state-of-the-art conferencing facilities and distance-learning
classrooms.

''It provides us access to an infrastructure developed by the University
of Colorado, US West, Lucent Technologies and Echostar Satellite. The
ECC project will be a model of distance learning and worldwide video
database access capabilities. I am looking forward to working on this
project.''

Total MultiMedia is a leader in softvideo and multimedia products and is
traded publicly on NASD under the symbol TMMI.
------------------------------------------------------------------------
Contact:
TMM Inc., Camarillo
Tom Simpson, 805/444-1494

------------------------------------------------------------------------
More Quotes and News:TMM Inc (OTC BB:TMMI - news)Related News
Categories: computers, environmental, internet, oil/energy
------------------------------------------------------------------------

Help

------------------------------------------------------------------------
Copyright c 1998 Business Wire. All rights reserved. All the news
releases provided by Business Wire are copyrighted. Any forms of copying
other than an individual user's personal reference without express
written permission is prohibited. Further distribution of these
materials is strictly forbidden, including but not limited to, posting,
emailing, faxing, archiving ina public database, redistributing via a
computer network or in a printed form.
See our Important Disclaimers and Legal Information.
Questions or Comments?



To: Johnny Stone who wrote (10477)7/16/1998 10:49:00 AM
From: Carol S.  Respond to of 19109
 
I'm with you, Johnny. Ya gotta wonder where we'd be if Pap never took legal steps to stop us from going forward with the MCI deal and ISI, and dumped the Altamira guys. I don't care how much olsen was paying himself.

Carol



To: Johnny Stone who wrote (10477)7/16/1998 11:55:00 AM
From: Don Johnson  Read Replies (2) | Respond to of 19109
 
To make your day better maybe I can try another angle.

Judging from the TMM press release April last year there must have been a pending contractual arrangement involving the other parties, but when it was not realized the shareholder meeting turned into a shareholder get-together. A company being in ch. 11 with the possibility of being liquidated, having had reports of being unable to pay office rent and telephone bills, and lacking in both revenue and personnel may have had a lot to do with it. Despite TMM's legal claims, Altamira stepped in and took its place. For all I know it may have been thievery, part thievery, or just arranged that way for the MCI-Iterated team to move ahead without encumbrance.

Tom wouldn't have come into the picture unless he saw better potential for his/other investment than with just AMCI. Since then, the preferred lender(s) have given their go-ahead, and the company has gotten out of ch. 11 and about to take over a fully-equipped, up-to-date multimedia center at a credible institution which then allows them to move forward with projects in both CA and CO. Regaining credibility TMM would be able to become part of some aspect or other of the MCI-Iterated team. Note that Tom has said talks are continuing. For all I know, instead of saber rattling, the talks might be friendly and promising.

If Tom makes a forecast now, it may be premature just like the press release April last year. Maybe until things materialize that's the situation with a shareholder meeting as well. Once the ducks all get lined up in a row we can have that meeting.

Possibly things may not be so bad, but it's about time for us to be finding out.