TOTAL MULTIMEDIA (TMMI) PREPARES TO BECOME A REPORTING COMPANY
Total Multimedia (TMMI) has announced plans to upgrade its listing status by becoming a reporting company and moving to OTCQB. President and CEO Susan Bala will provide capital for professional audit services to meet reporting requirements. The company will also relocate its headquarters to Nevada to consolidate professional support.
The initiatives aim to establish a stronger foundation for pursuing new market opportunities while demonstrating commitment to shareholders. TMMI, founded in 1990, specializes in digital video compression, video scaling, and high-quality image management technologies, including the TRUDEF Video Player with patented TRUSCALE hardware accelerated upscaler and TRUDEF Fractal Video codec.
Total Multimedia (TMMI) ha annunciato piani per aggiornare il proprio status di quotazione diventando una società in reporting e passando a OTCQB. Il presidente e CEO Susan Bala fornirà capitali per i servizi di audit professionali per soddisfare i requisiti di reporting. L'azienda sposterà anche la propria sede in Nevada per consolidare il supporto professionale.
Queste iniziative mirano a stabilire una base più solida per perseguire nuove opportunità di mercato, dimostrando al contempo un impegno verso gli azionisti. TMMI, fondata nel 1990, è specializzata in compressione video digitale, scaling video e tecnologie di gestione delle immagini di alta qualità, inclusi il TRUDEF Video Player con hardware accelerato per upscaling TRUSCALE brevettato e il codec video frattale TRUDEF.
Total Multimedia (TMMI) ha anunciado planes para mejorar su estado de cotización convirtiéndose en una empresa informante y trasladándose a OTCQB. La presidenta y CEO Susan Bala proporcionará capital para servicios de auditoría profesional para cumplir con los requisitos de informes. Además, la empresa trasladará su sede a Nevada para consolidar el apoyo profesional.
Las iniciativas tienen como objetivo establecer una base más sólida para perseguir nuevas oportunidades en el mercado, demostrando al mismo tiempo un compromiso con los accionistas. TMMI, fundada en 1990, se especializa en compresión de video digital, escalado de video y tecnologías de gestión de imágenes de alta calidad, incluido el reproductor de video TRUDEF con el escalador acelerado por hardware TRUSCALE patentado y el códec de video fractal TRUDEF.
Total Multimedia (TMMI)는 보고 회사로 전환하고 OTCQB로 이전하여 상장 상태를 업그레이드할 계획을 발표했습니다. 사장 겸 CEO인 수잔 발라는 보고 요건을 충족하기 위해 전문 감사 서비스에 자본을 제공할 것입니다. 회사는 또한 전문 지원을 통합하기 위해 네바다로 본사를 이전할 것입니다.
이러한 이니셔티브는 주주에 대한 약속을 보여주면서 새로운 시장 기회를 추구하기 위한 더 강력한 기반을 구축하는 것을 목표로 합니다. 1990년에 설립된 TMMI는 디지털 비디오 압축, 비디오 스케일링 및 고품질 이미지 관리 기술을 전문으로 하며, 특허받은 TRUSCALE 하드웨어 가속 업스케일러와 TRUDEF 프랙탈 비디오 코덱을 포함한 TRUDEF 비디오 플레이어를 제공합니다.
Total Multimedia (TMMI) a annoncé des plans pour améliorer son statut de cotation en devenant une entreprise soumise à déclarations et en visant le OTCQB. La présidente et PDG Susan Bala fournira des fonds pour des services d'audit professionnel afin de répondre aux exigences de reporting. L'entreprise déplacera également son siège social au Nevada pour consolider le soutien professionnel.
Ces initiatives visent à établir une base plus solide pour rechercher de nouvelles opportunités de marché tout en démontrant son engagement envers les actionnaires. TMMI, fondée en 1990, est spécialisée dans la compression vidéo numérique, le redimensionnement vidéo et les technologies de gestion d'images de haute qualité, y compris le lecteur vidéo TRUDEF avec un upscaleur matériel accéléré par brevet TRUSCALE et le codec vidéo fractal TRUDEF.
Total Multimedia (TMMI) hat Pläne angekündigt, seinen Status durch die Umwandlung in ein berichtspflichtiges Unternehmen zu verbessern und zu OTCQB zu wechseln. Präsidentin und CEO Susan Bala wird Kapital für professionelle Prüfungsdienste bereitstellen, um die Berichtspflichten zu erfüllen. Das Unternehmen wird außerdem seinen Hauptsitz nach Nevada verlagern, um die professionelle Unterstützung zu konsolidieren.
Die Initiativen zielen darauf ab, eine stärkere Basis für die Verfolgung neuer Marktchancen zu schaffen und gleichzeitig das Engagement gegenüber den Aktionären zu demonstrieren. TMMI, gegründet im Jahr 1990, ist auf digitale Video-Kompression, Video-Skalierung und Technologien zur Verwaltung von hochqualitativen Bildern spezialisiert, einschließlich des TRUDEF Video Players mit patentiertem TRUSCALE hardwarebeschleunigtem Upscaler und dem TRUDEF Fractal Video Codec.
- CEO providing capital injection for audit services
- Planned uplisting to OTCQB from OTC Pink
- Strategic consolidation of operations in Nevada
- Additional costs associated with becoming a reporting company
- Expenses related to office relocation
Insights
The announcement of TMMI's planned transition to become a reporting company and upgrade to OTCQB marks a pivotal development in its corporate evolution. This strategic move carries several significant implications for investors:
Enhanced Transparency and Credibility: The shift to becoming a fully reporting company requires comprehensive financial audits and regular SEC filings, which will provide investors with standardized, detailed financial information. This transparency typically reduces investment risk and attracts a broader investor base.
Capital Commitment: The CEO's personal capital infusion for audit services demonstrates management's financial commitment and confidence in the company's future. This internal funding approach avoids immediate shareholder dilution while supporting corporate development.
Strategic Consolidation: The relocation of headquarters to Nevada, where the company is incorporated, streamlines operations and potentially reduces administrative costs. This consolidation could improve operational efficiency and corporate governance.
Market Impact: The OTCQB upgrade from Pink Sheets typically leads to:
- Increased trading volume and liquidity
- Better access to institutional investors
- Enhanced ability to raise capital
- Greater market visibility and credibility
While this transition requires significant investment in compliance infrastructure and ongoing reporting costs, it positions TMMI for potential growth opportunities and improved market access. For a microcap company, this level of commitment to transparency and market standards is particularly noteworthy.
SURF CITY, S.C., Jan. 27, 2025 /PRNewswire/ -- Total Multimedia - TMM, Inc. ("TMMI" or the "Company") (OTC PNK: TMMI). Web site: http://www.tmmi.us
President and Chief Executive Officer, Susan Bala has announced TMMI will take steps to move the Company up to OTCQB as a reporting company.
Ms. Bala will make a capital infusion to provide funds for professional audit services to have the Company externally audited and meet requirements to become a fully reporting company. TMMI, a
Ms. Bala made the announcement stating, "TMMI has a loyal following of shareholders and my commitment to the shareholders continues. The audit, the move to OTCQB as a reporting company, and the consolidation of its offices to
TMMI TECHNOLOGY
TMMI TRUDEF Video Player with its patented TRUSCALE TM hardware accelerated upscaler also available as a bundled home entertainment solution in the TMMI Mini PCTM and TMMI Mini PC XTM small form factor Windows 10-64 computers.
TMMI's legacy technology: TRUDEF™ Fractal Video codec and its high efficiency
TRUDEF™ Player developed for cinema quality 4K playing directly from physical media.
About TMM, Inc.
TMM, Inc. (OTC PNK: TMMI) is a high-quality video technology company specializing in digital video compression, video scaling and high-quality image management. Founded in 1990, the company was the pioneer in fractal video.
Safe Harbor Statement:
The information herein may include forward-looking statements within the meaning of Section 27A of the Securities Act of 1933, and Section 21E of the Exchange Act of 1934. Such forward-looking statements include statements about our plans, strategies, business prospects, and the development of our technologies. These forward-looking statements involve risks and uncertainties that could cause actual results to differ materially from those projected. Neither management nor any other person assumes responsibility for the accuracy and completeness of the forward-looking statements. All forward-looking statements in this press release are made as of the date hereof, based on information available to us as of the date hereof, and subsequent facts or circumstances may contradict, obviate, undermine, or otherwise fail to support or substantiate such statements.
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SOURCE Total Multimedia, Inc.
FAQ
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