TOTAL MULTIMEDIA (TMMI) PREPARES TO BECOME A REPORTING COMPANY

Rhea-AI Summary

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.

Positive

• CEO providing capital injection for audit services
• Planned uplisting to OTCQB from OTC Pink
• Strategic consolidation of operations in Nevada

Negative

• Additional costs associated with becoming a reporting company
• Expenses related to office relocation

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

TMMI TO BECOME A REPORTING COMPANY

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 Nevada corporation, will also move its headquarter offices to Nevada to consolidate its professional support.

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 Nevada are to set the Company on a solid foundation to enable it to pursue new opportunities in the marketplace."

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.

View original content:https://www.prnewswire.com/news-releases/total-multimedia-tmmi-prepares-to-become-a-reporting-company-302361226.html

SOURCE Total Multimedia, Inc.

FAQ

What steps is TMMI taking to become a reporting company in 2025?

TMMI is securing professional audit services through a capital infusion from CEO Susan Bala and relocating headquarters to Nevada to become a reporting company and move to OTCQB.

How will TMMI's uplisting to OTCQB affect shareholders?

The uplisting to OTCQB will provide shareholders with increased transparency through required financial reporting and potentially improved stock liquidity.

What is the purpose of TMMI's headquarters relocation to Nevada?

TMMI is relocating to Nevada to consolidate its professional support and strengthen its operational foundation for pursuing new market opportunities.

What are TMMI's main technology products as of 2025?

TMMI's main products include the TRUDEF Video Player with patented TRUSCALE upscaler, TMMI Mini PC solutions, and TRUDEF Fractal Video codec for 4K video playback.