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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