Shares of TMT Capital Corporation (OTCBB: TMTP) were up 17 cents (31 percent) to 72 cents per share today on volume of 6,250. The company announced today that its common stock will commence trading on June 8, 2007, under the new trading symbol TMTP.
The new name and symbol change reflect the new company strategy to acquire majority owned interests in emerging, private companies that target multi-billion dollar industries and have a unique point of difference.
The company’s latest unaudited financial statements for the three months ended March 31, 2007, reflect negative cash flows from operations of ($151,298) and a net loss of ($17,297,550).
TMTP, previously named Bootie Beer Corporation, operates as a holding company, representing various growth industries and unique business models. The company mission is to grow shareholder equity by capitalizing on current trends in targeted industries. TMTP and its subsidiaries engage in multiple focused business activities including Beer Brewing, Real Estate and Wireless Communications.