MMRGlobal, Inc. (fka MMRF)

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MMRGlobal, Inc. Announces Initiated Coverage from BUYINS.NET

MMRGlobal, Inc. (OTCBB: MMRF) http://phr.mmrcontent.com/MMRCommercial.mov, the leading provider of Personal Health Records, MyEsafeDepositBox storage solutions and electronic document management systems for consumers and healthcare professionals, announced today that BUYINS.NET, http://www.buyins.net, a leading provider of Regulation SHO compliance monitoring, short sale trading statistics and market integrity surveillance, has initiated coverage on the Company. Yesterday, BUYINS.NET released its first short sale report on MMRF http://www.buyins.com/reports/mmrf6-7-11.pdf. BUYINS.NET will continue to monitor MMRF trading and report to regulatory agencies any unusual short selling activity in the Company's stock on an ongoing basis.


Robert H. Lorsch, Chairman, President and Chief Executive Officer of MMRGlobal, stated: "We noticed a number of days when buying volume demand exceeded sales volume yet the stock price closed lower. In coordination with BUYINS.NET, we are investigating whether the Company's stock is being inappropriately shorted. We will pursue such practices aggressively by exposing manipulative shorting activities and seeing that it is called to the attention of regulators. The agreement with BUYINS.NET is the first step in a long process to protect our shareholders from this kind of abuse."

"MMRGlobal is a company with great lineup of consumer and professional products and services in healthcare," Lorsch added. "We are focusing our attention on building a base of long-term investors who recognize the opportunity of investing in 'The Future of Healthcare Today' (www.mmrvideos.com). We want our shareholders to trust that management cares about them and is monitoring unusual trading activity to the extent reasonably possible."

In addition, MMRGlobal will also begin increased monitoring of current NOBO lists (Non Objecting Beneficial Owners) through Broadridge, Inc., the Company's processing and investor communications firm. A NOBO list shows a comprehensive shareholder profile for accounts held through a broker(s) or bank(s) custodian in "street name" which are in addition to those shares belonging to "registered" holders that have shares in certificate form or on the books of the Company's transfer agent.

Management will use reports from The Depository Trust Corporation (DTC) in conjunction with the NOBO list, the services of BUYINS.NET, and outside legal counsel, as necessary, for investigation and to help uncover inappropriate short positions or other abuses.

MMRGlobal has a history of investigating unusual trading patterns in its stock. In fact, last October the Company filed a Form 8-K with the U.S. Securities and Exchange Commission dealing with the matter. (See http://www.sec.gov/Archives/edgar/data/1285701/000113626110000274/body8k.htm) The Company remains committed to do whatever is reasonably possible to protect its shareholders from inappropriate market manipulations.

The Company urges large shareholders to ensure their accounts have not lent out their stock without the shareholder's knowledge and consent. Shareholders are also encouraged to ask their broker's compliance departments if any part of their stock position has been loaned to potential short sellers.

The following are excerpts from BUYINS.NET:

BUYINS.NET, http://www.buyins.net, a leading provider of Regulation SHO compliance monitoring, short sale trading statistics and market integrity surveillance, has initiated coverage on MMRGlobal (OTCBB: MMRF) after releasing the latest short sale data through June 6, 2011. The total aggregate number of shares shorted since August 2009 is approximately 59.73 million shares. Approximately 41.10% of daily trading volume is short selling. The SqueezeTrigger price for all MMRF (OTCBB: MMRF) shares shorted is $.1321. The first of several short squeezes is expected to begin above $.0597, where approximately 4.34 million shares have previously been shorted between $.0301 and $.0597.

Click here to view Report: http://www.buyins.com/reports/mmrf6-7-11.pdf Click here for SqueezeTrigger: http://www.buyins.com/images/mmrfstr6-7-11.jpg

Click here for Friction Factor: http://www.buyins.com/images/mmrfff6-7-11.jpg