MMRGlobal, Inc. (fka MMRF)

[DamnedYankeeFan]

I used to have those same thoughts and considerations too. Here is what I learned making calls and doing research:

Various sized companies are contacting MMR to open discussion on licensing agreements. Politically you may think this whole play smells of "shake down" but after this dialogue and cooler heads prevail there are true channel opportunities for growth that relate to licensing of technology - not just patent fees. This is where I get it now and fully onboard. Its difficult for smaller companies to get the "time of day" when it comes to finding good partner channels that run scale and related revenue. Let's use the patent discussion as an opportunity to have a broader conversation. "Oh... You like my document management tool? Well if you partner with us you're covered under xyz and we can talk about mutually beneficial revenue growth vs. You just paying me" = Win Win!

Now you were writing about the CEOs compensation. You have a problem with annual gross + perks of $216K??? Really? Think about that. A majority of the funding has come from an "investor" partner company that the CEO is a partner in and has contributed to keeping everything going while: product development, IP protection, Staffing up, etc. prior to reverse merging into the shell. Doesn't it make sense that there would be an attempt to recover part if not all of that investment and development cost? Of course there is going to be dilution but a majority of that (from where I stand) is being converted to equity back as revenues ramp up. Is it ideal? No its not but unless you've been in the trenches and tried to raise money and fund a business you really wouldn't understand the intricacies and ups and downs.

There is a bigger play here and if you think that Rite aid or Cerner or Quest, etc haven't looked under the skirt and realized there was a bigger deal to be made - Yes they have... And they did. And according to the "street" where I live and breath there are others or scale and notable market presence.

As I said earlier; I don't own or have I ever owned MMR but I do see the light at the end of this tunnel. The company needs to make a few more moves and by all accounts they are headed in the right direction. This should be a good and profitable ride for shareholders.

Good luck!