MMRGlobal, Inc. (fka MMRF)

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The sneaky way this CEO operates

because of how many different ways the CEO takes cash out of this company, it's always hard to put your finger on just how vast the number is. Whenever Salary is brought up, it's pointed out that he "defers" much of it.

But the $36,000 car allowance isn't deferred

And left unsaid is the $1.4 million note that he collects 10% interest on. Funny how last quarter all the interest in arrears was paid out to the CEO

$36,000 interest for 3 months and $36,000 yearly car allowance...who needs a salary??? That far more than most people make--how does the CEO justify this sort of compensation with the magnitude of losses he has caused shareholders???

Q3 10Q

Total interest expense on the Line of Credit for the three months ended September 30, 2014 and 2013 amounted to $36,952 and $32,613, respectively. Total interest expense on the Line of Credit for the nine months ended September 30, 2014 and 2013 amounted to $98,985 and $101,613, respectively. The unpaid interest balances as of September 30, 2014 and December 31, 2013 were $0 and $24,049, respectively.

http://www.sec.gov/Archives/edgar/data/1285701/000113626114000485/form10q.htm

Q2

Total interest expense on the Line of Credit for the three months ended June 30, 2014 and 2013 amounted to $26,678 and $32,499, respectively. Total interest expense on the Line of Credit for the six months ended June 30, 2014 and 2013 amounted to $61,765 and $69,000, respectively. The unpaid interest balances as of June 30, 2014 and December 31, 2013 were $5,979 and $24,049, respectively.

http://www.sec.gov/Archives/edgar/data/1285701/000113626114000371/form10q.htm

Q1

Total interest expense on the Line of Credit for the three months ended March 31, 2014 and 2013 amounted to $35,112 and $36,551, respectively. The unpaid interest balances as of March 31, 2014 and December 31, 2013 were $18,493 and $24,049, respectively.

http://www.sec.gov/Archives/edgar/data/1285701/000113626114000208/form10q.htm