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Re: stockmasterflash post# 74484

Monday, 12/08/2014 1:29:04 PM

Monday, December 08, 2014 1:29:04 PM

Post# of 77519
Wonder what happened to the warrants granted to each other?


LOS ANGELES, CA and PERTH, WESTERN AUSTRALIA (June 16, 2011) - MMRGlobal, Inc. (OTC.BB:MMRF - News) ("MMR") and VisiInc PLC (Frankfurt:VZJ - News) (www.deutsche-boerse.com) today announced that following the recent signing of their agreement, MMR will grant to VisiInc an exclusive license to its proprietary eHealth patent portfolio in Australia with additional rights in certain areas of Eastern Europe. As partial additional consideration for the granting of the patents, VisiInc has granted one million warrants to MMR and MMRGlobal has granted one million warrants to VisiInc. The terms are based on revenue performance criteria for both companies as well as other additional customary terms and conditions.


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