MMRGlobal, Inc. (fka MMRF)

[stockmasterflash]

Expression Systems

From 2013 10K:

Quote:On March 28, 2012 we formed a subsidiary, which we named Expression Systems, LLC, exclusively to hold a certain group of insect samples from the Merger which we believe are an intricate part of the manufacturing process of the FavId™/Specifid™ idiotype vaccine.


Why wasn't this in the 10K for period ending 12/2012??
Last mention of Expression Systems was Favrille licensing for material from Expression Systems in 2007.

So how now is "we"(MMR) able to name and form a subsidiary that is already a legitimate company without calling it an acquisition?

Why does 10K (subsidiary attachment) have Expression Systems LLC listed as a California LLC when it is listed as a Nevada LLC on its website?
http://www.expressionsystems.com/?mvcTask=aboutUs

As part of a settlement with the RHL Group, Inc., in a prior lawsuit, Sanford-Burnham Medical Research Institute returned certain samples to MMR. During the course of inventorying those samples, MMR discovered Favrille master and working cell lines ("Cells") were stored, unbeknownst to MMR, at Charles River Laboratories, Inc. These Cells are relevant to various MMR patents and MMR contends that they are of significant value to the Company. Counsel does not have enough facts at this time to predict the chances of either a favorable or unfavorable outcome.

Expression Systems, a vendor for Favrille prior to the reverse merger has attempted to assert ownership interest over the Cells. At this point no lawsuits have been filed by MMR against Expression Systems, but if a settlement is not reached, it may lead to litigation to determine the ownership of the Cells.

http://www.sec.gov/Archives/edgar/data/1285701/000113626112000266/s1body.htm

Year ending 12/2013 10K
http://www.sec.gov/Archives/edgar/data/1285701/000113626114000144/form10k.htm
Subsidiary attachment to 2013 10K; http://www.sec.gov/Archives/edgar/data/1285701/000113626114000144/exh21-1.htm

Year ending 12/2012 10K
http://www.sec.gov/Archives/edgar/data/1285701/000113626113000166/form10k.htm

2007 Favrille PR referencing agreement with Expression Systems.
http://phx.corporate-ir.net/phoenix.zhtml?c=178404&p=irol-newsArticle&ID=998499