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Or is this why it hit 10? Pay attention to the date it came out. "Kids say the darnedest things!"...At Linkletter..
Excellent update: Our initial valuation of the patent portfolio in our report dated January 22, 2013 http://michaelbass.com/PDF/
Patent_Valuation.pdf was a range of $600 million to $1.1 billion. Based on our analysis, and the issuance of the patent
in Japan being added to the patent portfolio, the range of value for these patents could reach $800 million to $1.3
billion USD in revenue based on very conservative estimates. This assumes the market will reach the full GDP value of
$19 billion USD in the next 10 years in the United States and $5 billion USD in value in the next 10 years in Japan. This
valuation does not take into account changes or risks associated with foreign currency rates. The risk factors for these
patent values not realizing their predicted range of value include, adoption rate of PHRs, the claims granted in the
patents are not enforceable and widely used, the market doesn’t grow as quickly as predicted, the prices for PHRs
drop substantially, and or government/regulatory forces. This valuation does not take into account the international
patents pending which have not yet issued in the patent portfolio. This valuation does not include the patents issued in
Mexico, Australia, Singapore, and New Zealand.
Nick, Were you acting as private counsel to Walgreens. Almost all of the statements in their official response to the court about the MMRF Lawsuit said that they Know Nuttin about those pesky patents. Sounded suspiciously like your alias to me. lol And, those funds in the "health care" company from the other company were already readirected. :>}
Nice report. It was dated May 2nd, so I think some may have had their eyes on it early and it was the reason for the high volume we got. I know some of the daytraders also contributed to that high volume but I don't believe its over by a long shot. Once that report is out I think it will help draw more eyes on the company and its long range business plans which are just now starting to take root.
Having all those international patents is great, and now that it appears that the U.S. patents may actually be tested it will bring even more attention to what the company has going on. I think its a win win along with those Revenues that RHL and EMF are putting together its going to capture quite an audience in the not too distant future.
MMRF: Wait till the report hits to the masses! And up we go BIG!!!
http://michaelbass.com/PDF/Patent_Valuation.pdf
Thanks and WOW is this Big....Perhaps we may still hit a dollar PPS this year..The Bass group values our Japanese patent between 800 million to over a billion for the Jampanese market that needs our PHR. A FIVE Billion revenue stream over the next 10 years for 130 million Japanese citizens! They are going to love our new MMRF/UNIS combination unit of the EMR/PHR...WOWSEERRRRR!..Thanks again...Tif..http://michaelbass.com/PDF/Patent_Valuation.pdf
MMRF new Valuation Report 05/02/2013.. This is HUGE folks...
http://michaelbass.com/PDF/Patent_Valuation.pdf
Yes, and if we are both right then "WHAT A PRODUCT"..
That is the way I see it also Tiff,, !!
Decent close yesterday and volume was very positive as well.
Hopefully, we've set ourselves up for a continued/sustained drive up the ladder ---- a rung at a time.
Bob Lorsch told me 3 yrs. ago ----- 'be patient' ------ I'm glad I'm a good listener!
It seems to me that MMRF's patented PHR that does all the talking is working in tandem with this new EMR that is forthcoming!
True faith in MMRF being the real deal witnessed. Really nice seeing the movement drawing several "old salts" out of semi-retirement. Some since 2009, maybe before, and essentially holding long and being very quiet as far as the board goes. This, imo, is a very good sign as it shows me there are a large group of true believers in MMRF, not just a bunch of drifters. glta
Awesome! Do we have the EMR communication technology patented?
Thanks!
The way I read it the system is not only a EMR/PHR system but will evolve into a EMR that "talks" to any other EMR system in the marketplace! This is hugh and this technology tied with MMRF's PHR's capability of full communication will put UNIS/MMRF on the cusp of communication capabilities and I am sure in UNIS/MMRF's goal of TOTAL worldwide communication..That's the way I see it. Tif
Does "TOTAL TURNKEY SYSTEM" involve a complete EMR system with our PHR? I wonder what the "UNIS/MMR platform" involves?
This could take us far!
TOTAL TURNKEY SYSTEM BEING SOLD BY MMRF AND UNIS (WITH 18,000 EMPLOYEES)! This will be worldwide which is HUGH for future revenues! END............The primary focus of meetings between Luo Jianhui, Unisoft Group/Unis-Tonghe Technology Vice President and Chairman, and Robert H. Lorsch, MMRGlobal CEO, taking place in Los Angeles Sunday through today, was to discuss offering the turnkey solution in the Asia Pacific region using MMR's patented technologies to integrate with the UNIS/MMR platform. This enables the venture to offer services in Asia Pacific countries where MMR holds existing patents on its medical records systems IP. According to Mr. Lorsch, "The Joint Venture was originally formed to only sell MMR's patented Personal Health Record technologies under license to the JV. The plan was for the JV to sell the UNIS/MMR products and services to hospitals, physician groups and consumers in China. However, at this time both sides see a benefit in delivering a total turnkey system which includes MMR PHRs integrated into the system. As the health Information technology market in China continues to evolve, we are preparing to offer a comprehensive solution to the market.
MMRGlobal, Inc. (MMRF)
Our face value is solid in which will growth as a company. That will result in success as an investor I remains confident on the company !!
MMRGlobal, Inc.
What is looking pretty good to be a market of appreciations our stock price is current at near lowest levels. Through its direct holdings, subsidiaries and or joint ventures the MMRF Inc. As more investors figure out there is more news to come because I believe will make shareholders money!!
Injunctions are the exception, not the rule--and that's why they are considered an equitable remedy because they are very discretionary and the court will only grant one if it's equitable/fair to both sides. Thus, the plaintiff has the burden of showing the court that a legal remedy (i.e., money damages) is inadequate (e.g., damages highly speculative or capable of continuing); that P will suffer irreperable harm if the preliminary injunction isnt granted; hardships for both sides must be considered; and the D can raise defenses such as laches, unclean hands, etc.
MMRGlobal, Inc. (MMRF) continues to build momo, but lets get the word out to other investors!!
H2,
I think youre referring to pump-and-dump types of stocks. This company is far from that. Even if the PPS were to slip a little next week, it's not going to fall off a cliff and wipe-out all the gains it has made in the last few days of trading...especially when a large majority are locked-up with insiders. Pull your head out. This stock is undervalued. I actually think some information has been circulating these last couple days and it could be related to the Wallgreens case, because this kind of volume and its accompanying price run-up is highly unusual absent new information.
There's no reason MMRF won’t hit its 2013 new highs. Buy the shares now for potential enormous gains !
I RARELY POST PILOT....but fully agree!
A unique Partnership...,
OK,, Longs some time ago I talked about the medical kiosk concept.
Well here you go what if you could walk into Walgreen Drug store. In a private section of the store of course.
You sit down at a visi enabled computer and talk to a doctor
who is part the David Loftus network and do all this for less
than it cost to go to the doctors office... yeah this is what is in the works, The system is laying there for them to pick up.
And it would be much more cost affective for Walgreens to partner up or just outright buy this firm.. It is a win win for Walgreens. it will give them the provider information coming from those consults in a hard copy EHR and the patient gets a PHR history that is easy to use and follow. Walgreens is very concerned as they should be on the drugs people have access to.
There is a social issue here. We all know of people going to different doctors to get a script. It is wrong and filled with danger. And Walgreens and the other script firms are stepping up and demanding more information prior they issue a drug. action news in Jax fla did a write up not long ago. called
Local pharmacy collecting patient information
dealing with this.
So with the in store kiosk Walgreens now will have a unique system in place to be able to track what is going on with their customers medical lives. I think they are getting ready to expand there business into a full blown medical health system with out having the need for on site doctors. It very well could 2x or even 3x walgreens bottom dollar income in the next 5 years. All they have to do is figure out how to get rid of this pesky patent issue. humm now lets see if they can sew this up with Bob and Company they have a clean right to just tell other pharma firms oops you can not do the online thiggy with the medical records because well we or our partner is exclusive. Well time will tell.
Pilot.
Joe
looks like we may have a chess game under way here
"That said, the Company will also continue to pursue business relationships and licensing agreements with other retail pharmacies while we continue efforts to work with Walgreens"
Good update!
Like the sound of substantial royalties and no counterclaim or motion to dismiss filed.
Just as I said. They are still talking
MMRF Facebook Disclosure about Walgreens
Update: MyMedicalRecords Litigation With Walgreens
Walgreens filed an answer to MMR's complaint for patent infringement today . The parties had twice extended Walgreens’ deadline to respond in order to facilitate settlement discussions. As a result of those extensions, the Court ordered deadline for Walgreens to respond ended today. It is also important to note that Walgreens did not file a counterclaim or a motion to dismiss.
Throughout the last 3 months the parties have discussed and will continue to discuss a resolution of this matter. Everyone remained at the table until Court imposed requirements took us to the next chapter and we do not believe that the filing of the answer by Walgreens will end the efforts of both companies to seek a resolution.
Based upon the potential of the amounts of the damages at issue, the Company did not expect the matter to resolve immediately. In the litigation, MMR will be seeking substantial royalties from Walgreens and plans to vigorously pursue the litigation as necessary. That said, the Company will also continue to pursue business relationships and licensing agreements with other retail pharmacies while we continue efforts to work with Walgreens to find a mutually beneficial resolution to this litigation. (For additional information, see the press release at http://phx.corporate-ir.net/phoenix.zhtml?c=178404&p=irol-newsArticle&ID=1779947&highlight)
Great Day For MMRF, Just The Beginning, I Believe PPS Will Be. $1.00 to $3.00 By End Of Year, IMO.
Innocent until proven guilty...not how patent enforcement works. Also mmr filed their lawsuit in California...one of the slower moving patent trial states. These patent plays take years to play out. I'm in OVIT they have a markman Friday versus tmobile...they file the original lawsuit may 2012.
I am thinking six then back to ten ...
I am already and will always be riding free thru other sources and do not need any of my money in MMRF but thanks for your concern..Tif
From Wikipedia:
A Markman hearing is a pretrial hearing in a U.S. District Court during which a judge examines evidence from all parties on the appropriate meanings of relevant key words used in a patent claim, when patent infringement is alleged by a plaintiff. It is also known as a "Claim Construction Hearing".[1]
Holding a Markman hearing in patent infringement cases has been common practice since the U.S. Supreme Court, in the 1996 case of Markman v. Westview Instruments, Inc., found that the language of a patent is a matter of law for a judge to decide, not a matter of fact for a jury to decide. In the United States, juries determine facts in many situations,[2] but judges determine matters of law.[3]
Markman hearings are important, since the court determines patent infringement cases by the interpretation of claims. A Markman hearing may encourage settlement, since the judge's claim construction finding can indicate a likely outcome for the patent infringement case as a whole. Markman hearings are before a judge, and generally take place before trial. A Markman hearing may occur before the close of discovery, along with a motion for preliminary injunction, or at the end of discovery, in relation to a motion for summary judgment. A Markman hearing may also be held after the trial begins, but before jury selection.
The evidence considered in a Markman hearing falls into two categories: intrinsic and extrinsic. Intrinsic evidence consists of the patent documentation and any prosecution history of the patent. Extrinsic evidence is testimony, expert opinion, or other unwritten sources; extrinsic evidence may not contradict intrinsic evidence.
You are absolutely right on being a "Happy Camper". Folks do not know how serious the CEO of EMF is in generating revenue today on a daily basis and most do not seem to know that as the 2nd largest shareholder in MMRF he has good reason for generating revenues thru his EMF company and other affiliations that he has generated. He has Signed, Sealed and delivered contracts generating money as I type this...Not to worry..We will all be very happy this year...JMO..Tif
Just an old oil hand here and I don't really know but why can't RL's lawers petition the court for an injunction to stop walgreen from using our patent until this is decided in court?
John
Please tell me you sold enough into the rip to be riding free....
As far as I'm concerned, Walgreen wasn't even a factor for this stock. I'm looking for the "Loftus Happy Camper Announcement."
I bought this stock as FVRL back in the day, looking for a life changer.....it's been a long haul, but I believe it will happen.....keep the faith my friend.
General Custer (Bob Lorsch) has help coming! Captain Reno (Dave Loftus) is riding thru the 2nd quarter bringing re-inforcements (revenue)on a daily/yearly basis and will save the day with Hotschliss/Gatling guns spewing revenue! That's my story and the absolute truth and I am sticking to it! Besides China, Australia, Dental offices, Far East with Unis/MMRF new joint venture, and Lord knows what else I believe this company will do just fine! I believe the final result of that lawsuit will be a MMRF WIN and well worth waiting for! Other patent infringers will pay rather then play the waiting game like Walgreens. ..JMO..Tif..(Thank you Dave Loftus for all the hard work I know you are doing 24/7 to produce meaningful revenues)
Now why would you say that?
Walgreens filed an answer, that means nothing.
Now why would you say that?
Walgreens filed an answer, that means nothing.
9 months to be assigned a Markman hearing. 6 to 9 months later for a trial. Markman hearing early 2014..trial q4 2014. Walgreen betting mmr goes broke before then.
Correct. There's no way in the world a Company of Walgreens size would ever settle and go down lightly on these type of claims. They get sued all the time and usually they push it as far as it goes to the point where the other party settles for a lot less than what they were originally fighting for since they ran out of money.
Granted if it came down to that scenario....it'd still be a lot of money compared to where we are now.
""WALGREEN IS WITHOUT SUFFICIENT KNOWLEDGE OR INFORMATION TO FORM A BELIEF AS TO THE TRUTH OF THE ALLEGATION"". THIS IS REPEATED SIX TIMES! THEY ARE CULPABLE AND THEY AND THEIR PATENT ATTORNEYS/LEGAL ATTORNEYS KNOW IT..GUILTY AS CHARGED, AND PROBABLY CONTINUATIONS UNTIL JUDGE FORCES THE ISSUE!..Just my opinion of course and I feel I am right on the money..Tiffer END
1. Walgreen is without sufficient knowledge or information to form a belief as to the truth of the allegations in Paragraph 1 of the Complaint and, therefore, denies each and every allegation set forth therein on that basis.
2. Walgreen admits the allegations in Paragraph 2.
3. In response to Paragraph 3 of the Complaint, Walgreen admits that the Complaint purports to state a claim for patent infringement but denies any wrongdoing or liability under the patent laws and further denies that Plaintiff is
owed any damages thereunder.
4. In response to Paragraph 4 of the Complaint, Walgreen admits that the Court has jurisdiction over it. Walgreen denies the remaining allegations in Paragraph 4 of the Complaint.
5. In response to Paragraph 5 of the Complaint, Walgreen admits that venue is proper in this Court. Walgreen denies the remaining allegations in Paragraph 5 of the Complaint.
6. Walgreen is without sufficient knowledge or information to form a belief as to the truth of the allegations in Paragraph 6 of the Complaint and,therefore, denies each and every allegation set forth therein on that basis.
7. Walgreen is without sufficient knowledge or information to form a belief as to the truth of the allegations in Paragraph 7 of the Complaint and, therefore, denies each and every allegation set forth therein on that basis.
8. Walgreen is without sufficient knowledge or information to form a belief as to the truth of the allegations in Paragraph 8 of the Complaint and, therefore, denies each and every allegation set forth therein on that basis.
9. Walgreen is without sufficient knowledge or information to form a belief as to the truth of the allegations in Paragraph 9 of the Complaint and,therefore, denies each and every allegation set forth therein on that basis.
10. Walgreen is without sufficient knowledge or information to form a belief as to the truth of the allegations in Paragraph 10 of the Complaint, and, therefore, denies each and every allegation set forth therein on that basis.
11. Walgreen admits that, together with its subsidiaries, it operates the largest drugstore chain in the United States with net sales of $71.6 billion in the fiscal year ended August 31, 2012. Walgreen admits that as of August 31, 2012, it operated 8,385 locations (including 7,930 drugstores) in 50 states, the District of Columbia, Guam, and Puerto Rico. Walgreen admits that it provides millions of customers with pharmacy, health and wellbeing solutions. Walgreen admits that one of its goals is to be the first choice for health and daily living in thecommunities it serves. Except as expressly admitted, above, the allegations in
Paragraph 11 are denied.
12. Walgreen’s public statements speak for themselves. Consequently, the allegations in Paragraph 12 are denied.
13. Walgreen admits that it offers its customers the ability to manage their medical prescriptions through a secure online account and that said account requires a user name and password. Walgreen admits that a customer may add family members to the account and manage multiple prescriptions from a single account. Walgreen denies the remaining allegations in Paragraph 13 of the
Complaint.
14. Walgreen admits that a customer may bring a written copy of a
prescription and a physician may call in or fax a prescription to a Walgreen pharmacy, and it can be added
So we go back to Five cents on Monday...?
Well Walgreens has put there bluff on the table and now its MMRF's turn to bark back; "We are ready to go to court". Then those Walgreen patent lawyers, if they are honest, will give Walgreens the right advice, rather to continue or settle! Going to be interesting footwork in the future. I, for one, am glad to see this transpire for it will decide once and for all if the U.S. Patent Office carry's any weight behind the patents it issues despite lawyers arguments for the dismissal and invalidity of MMRF's patents. We all might as well forget about justice if big money can sway patents and disregard the underdog. I hope a jury does not let big money lawyers sway justice for MMRF. If I were Walgreens I sure would think twice about a jury verdict and get a second opinion from unbiased patent lawyers on the strength of MMRF's claims! I would also advise Bob Lorsch to do the same thing! Get a second unbiased opinion, and if favorable, to go ahead!..JMO..Tif
you passed your exam.
oh you are so right.
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Market Value1 | $6,819,661 | a/o Jun 17, 2015 | |
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