TMM, Inc: Notice to Shareholders and Other Interested Parties in Response to 'Mike Fernandez Issued Release of June 11, 2007'
12 Junho 2007 - 4:13PM
Business Wire
TMM, Inc. (TMMI.PK) and Corene E. Dion-King (�CDK�), Director of
TMM, Inc., today announced the following in response to commentary
and statements made by Michael Fernandez on his website for Total
MutiMedia Inc., a former name registered for the Company, but not
currently in use for TMM, Inc.: Since May 2005, whereas I was
appointed Custodian by the Nevada State Courts and continuing to
current, I, Corene E. Dion-King (�CDK�), am the legally recognized
sole Director of TMM, Inc., as evidenced, by (1) Notice of
Appointment to TMM, Inc.; May 2005 (2) Notice to Nevada Secretary
of State corporate filings; May 2005 wherein I brought the
corporate charter out of revoked status and (3) Stipulated
Agreement; May 2006, additional recognition as evidenced by
signature of Michael Fernandez and entered into records with Nevada
Courts. The Stipulated Agreement outlined many considerations
pertaining to matters both past and current that were to have been
achieved by Mr. Fernandez, with my assistance where requested, and
wherein we mutually agreed to sit on the Interim Board, as
authorized by myself as Custodian, to run until no longer then
January 1, 2007, to achieve the majority of the Stipulated
Agreement and culminating in a shareholders meeting to have been
held by the end of December, 2006, where a full and lawful vote
would have been conducted. Mr. Fernandez was to be named and state
records amended upon completion and return of what was the then
plan of the Company for Mr. Fernandez to attend World Cup Germany
for a) consummation of anticipated contracts b) securing additional
funding for the benefit of the Company and c) provide a Company
presence in Germany during World Cup. With his return in early
fall, although numerous announcements regarding contracts and
relations were made, there were never any completed contracts
submitted to the Nevada Corporate office for approval, ratification
and release. Although, to date, many requests have been made by the
Nevada office to Mr. Fernandez for evidence of contracts and
reported funding, all requests were and continue to be answered
with Mr. Fernandez claim�s that additional funding and his return
to Germany would be needed before any documents could be finalized
or produced. Thus, the Nevada TMM Offices have only receipts of
funds allotted to Mr. Fernandez, sent at his request, from finances
made available by myself, and those known to me, detailing daily
living expenses, bar bills, and lodging for Mr. Fernandez and his
two collegiate aged children while the three were in Germany.
Additional funds supplied to Mr. Fernandez were for a short notice
airline ticket to the U.S. for his daughter; and, although Mr.
Fernandez had promised to reimburse all funds utilized for his
children, no funds have been yet been repaid. Additional to this,
no working contracts, funding contracts or any other form of
benefit to TMM has been submitted by Mr. Fernandez to this office.
Due to these actions, and inactions as per the Stipulated
Agreement, Mr. Fernandez was never named to the interim Board of
the Company nor has he made request for appointment since his
return from Germany. Therefore, upon a normal and responsible
annual review of the Stipulated Agreement, with the above being the
verifiable actions to date, along with Mr. Fernandez� continued
reporting of more of the same up and coming possibilities and
allowing for nothing more than his directives to be addressed,
communications were terminated and the decision made final and
public that the Company would move forward without Mr. Fernandez.
Any continued allowance of his efforts would not be in the best
interests of the Company nor its Shareholders. In closing, any
further attempts by Mr. Fernandez and Total MultiMedia Inc. to mar
TMM, Inc. will be answered directly. Any rumors, concerning my
intentions to �sell off� or �arrange a merger� or any other means
that would divest current Shareholders of our Company can be
quelled. My sole intention is to grow this Company for the benefit
of all. I will stand with �the truth as I can prove it, and stand
by it.� Disclaimer: This release includes forward-looking
statements, which are based on certain assumptions and reflects
management's current expectations. These forward-looking statements
are subject to a number of risks and uncertainties that could cause
actual results or events to differ materially from current
expectations. Some of these factors include: general global
economic conditions; general industry and market conditions and
growth rates; uncertainty as to whether our strategies and business
plans will yield the expected benefits; increasing competition;
availability and cost of capital; the ability to identify and
develop and achieve commercial success for new products and
technologies; the level of expenditures necessary to maintain and
improve the quality of products and services; changes in
technology; changes in laws and regulations, includes codes and
standards, intellectual property rights, and tax matters; the
uncertainty of the energy fuel market; including the energy economy
moving at a pace not anticipated; our ability to secure and
maintain strategic relationships and distribution agreements. The
Company disclaims any intention or obligation to update or revise
any forward-looking statements, whether as a result of new
information, future events or otherwise.
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