Retired and just enjoying the ride with MDW (Midway Gold)
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There is a far larger pot of gold at the end of the rainbow for Bob Lorsch and his many invester friends besides his staff!....I am in for the long term as I am sure others may be on this board....Revenues will dictate the future as it is with any company....Bob is a decent human being and has a proven track record...Failure is not an option for the entire MMRF staff!....JMO....Tif
Over the next couple of years how does anybody expect MMRF to pay vendors with common stock unless the AS is raised to accomodate the very existence and ongoing operations of this company? Bob Lorsch sees that coming down the road and He also does not want to dilute his holdings but must do so for the survival of this company! His gamble and ours of course is that substantial revenues will finally start coming in and hopefully great things can happen then like stock buybacks which helps Bob Lorsch and all of us of course! I just hope sales (users) accelerates enough to quiet everybodys fears and I am absolutely sure that Bob Lorsch and his staff will do everything in their power to make revenues happen before this company goes belly up as so many of the big boys already have! We gain quarter by quarter and hopefully we all will look back at the little engine that said "I think I can...I think I can....and DID"...JMO.....Sid Schrage, Red Bluff, Ca. (Tiffer)
I kinda think those shares will be parlayed into paying future vendors like in the past! I also believe past vendors have been dumping on the open market...Contrary to what some may feel I believe personal phr's being fed by many sources is still the future and MMRF is right there available for those who want it! Tablet info, doctor info, important documents, pets, unlimited fax, secure e-mail(PDF) etc. and the info to a phr are simply as far as imagination and usage will take users! Even if everything is electronic in any doctors office or facility there still needs to be a feed to a personal PHR that individuals themselves control!.... just my opinion!.....Tif
I am very happy to see that MMRF's staff has finally focused on the PHR, as that is where the real money is! I hope they concentrate more on the LA area and outlying districts and keep costs to a minimum on contacting and selling the PHR! The southeren Ca. area alone could make this company very profitable and I hope MMRF hires some salespersons to make it all happen in all the different opportunitys in Southern Ca. Air war only accomplishes so much....Now we need "Boots On The Ground"...we will see...Tif
Unis-Tonghe was awarded the entire Henan Province of over 100 million folks by the politiburo of China to install electronic medical record ongoing archives for all folks of that province including personal medical records that can be accessed by a citizen of that province! At this point in time then surly MMRF knows what Unis is making on the PHR end of this Joint Venture and of course what MMRF would expect on the 60(Unis)-40(MMRF's) split on the profits from MMRF's PHR which Unis is supposedly incorporating in Henan! We hear nothing from Bob Lorsch on this hoped for "boon" from China and I fear that "bust" may protray what the future is for this China JV!....hope I am wrong!..If BL cannot even sell MMRF's products in the LA and surrounding area then what is he doing but wasting money?..He should FOCUS on the area where ease of accessibility are instead of flitting all over the world! .JMO..Tiffer
I think lack of revenues and until MMRF produces then we can expect languishing PPS and lack of confidence in PR's that produce no revenue...only the hope of such!...Revenues are coming and I can sure wait over the next few quarters.....JMO...Tiffer
MMRF should renegotiate the Chartis contract and put a cumululative monthly income into the salespersons pocket even if it was only 5 dollars a month! This would be a real incentive for individual salespersons to push the PHR for all their clients and future contacts! Sure it is nice to offer PHR's on the current blanket coverage hoping clients become users but far more profitable getting users by giving the salespersons a monetary incentive for pushing the client to sign up and become a user! Insurance salespersons tend to stay in their profession for a lifetime and depend on their clients to renew policys to make a good comfortable retirement income for themselves...100 clients...500 dollars...200 clients...1000 dollars and so on!....Mr. Langani should take this on and renegotiate that Chartis contract and do not give exclusive rights to Chartis for this but get all other insurance companys involved too!...JMO...Tif..
Sakata7's post did show the difference and better capabilitys of MMRF's product...
If China's revenues prove out just by the sheer number of users in Henan Province then I hope MMRF's profits on this venture with Unis-Tonghue was well worth the wait! About time Bob Lorsch paid more attention to the PHR sales versus MMR-PRO...PHR's are where the real money is without the hugh time/money investment of setting up a MMR-PRO! I and many on this board tried to point that out many months ago and finally BL has seen the light....hopefully...Now all MMRF needs is to have encryption so secure that insurance premiumn could be included in ALL PHR purchases and heavily advertised!...JMO....Tif
Anticipated revenues mean nothing! The actual revenues coming in this year into MMRF's bank account will produce the result we want...PPS UP!..Patience is really going to pay off for us longs!..JMO...Tif
I hope recalibration means total focus on the PHR as MMR-PRO is a great idea but is very rift with time consuming implementation to reach the real goal of the PRO which is PRH users! I have posted this many times in the past and hopefully BL now has his focus on the Pre-Paid cards for all animals and of course us folks! I am sure MMR-PRO will be sold along the way but I am sure glad BL has seen the light and promotes his new direction for horse owners and the whole myriad of animal lovers in Australia, China, Canada, and on and on....Saudi Arabia would sure be cool for those PHR's also!....OK Bob Lorsch show us some sales force now to start traveling and selling the PHR and you will finally learn how to become a master puppetmaster and garner talented salespersons around you and become a billionaire like some of your friends who have already learned how to hire and utilize the talents of folks who are beneficial for their companys!..Contact computer nerds in the L.A. area and give them a franchise to sell MMR-PRO with hugh commission and let MMRF reap the cumulative moneys that sales of PHR's any particular installation would generate! Let other folks make money and MMRF while MMRF holds on to what little capital they currently have!...JMO....Tiffer
Prepaid PHR cards with "winners circle" horse prominently displayed on retail advertisement could immediately be displayed outside every betting booth, local horsey vets, all race track retail shops, and sold with same profit as MMRF plans to sell PHR's thru drug stores and such!...I sometimes fear that BL suffers from things that affect his performance besides the age factor...He is not losing weight because of his lack of will power to stop eating excessively....He buys an insurance policy to take care of his young wife with half going to MMRF company which shows me his concern for his wife's financial well being...This action also makes me think he has put so much money in MMRF that he is getting short on his own "treasury" as well...otherwise why buy a life ins. policy? BL should have long ago had a full time "get in your face" salesperson who did nothing but set up and personally contact doctors and other medical establishments at least in the L.A. area and this is something I posted about many months ago but nothing has happened except folks setting at desks and using the phone and others on junkets to foreign lands which has done nothing but entertain the hope of future revenues from these endeavors! I thought we would see a multiple sign up of other in home care establishments but as usual MMRF does not seem how to do followup on demonstrated (by one of our investers) lucrative paths to PHR revenue...Always the big deal and if things do not change then this company will continue to languish!..BL's a good man but needs some young energetic salespersons selling product EVERYWHERE!!..PHR's are the companys real revenue source and MMR-Pro is just the long and expensive time consuming way for the same goal...REVENUE PRODUCING PHR'S!!...In the short term like 3F remarked...Revenues, Revenues, Revenues...JMO....Tif
I think I will follow that dumb CEO Bob Lorsch who continues to put his money where his mouth is! As dumb as I am I will also wait to see what China does, Bio's, more sugical centers among other medical facilities, inhome and institutional care nurses (salespersons) selling phr's, Australia and Europe connections, Celgene milestones, possible Countrywide and BOA sales, PHR cards in every pharmacy, and a whole lot more possible (probable) signed, sealed, and delivered contracts!...Yup...dumb me will continue to follow dumb CEO and MMRF's dumb staff...as I believe they are dumb like FOXES.....JMO....Tiffer
"Although revenues and certainly profits will be nice to see, those are NOT prerequisites for stock price appreciation and/or growth"...Wrong...they are the main reasons for PPS.....Tif
As everybody can recall Dutchess line of credit was used very sparingly while RHL group (BL's money!) kept renewing 3 million dollar credit line in exchange for common stock! I suspect this will be the case in the future with this new credit line! Nice to have this available in the event our PPS rises due to revenue from China, Australia, Domestic, and so on! A large influx of money could be needed immediately by an acquisition, hugh order of Kodak or Fitjitsu machines, hiring of sales force or any number of scenarios that MMRF now has the backup credit line for!....Smart dude BL is...getting set up and making sure he does not get caught with his pants down!...He is ready and all I and others need to do is wait...I am wondering if this new credit line would also include Bio spinoff?...Druggy companys have been known to SOAR ...kinda cool if that new company was also tied into credit line with much higher PPS...time will tell...patience....JMO.....Tiffer
QUOTE; MMRPro systems have successfully scanned over one million patient records over the last 12 months....(Now what I find interesting about 1 million patient records is how many patients are being signed up as users of our PHR?..Good surprises coming for us stockholders in future financial quarterlys I think..I hope MMRF has set up an incentive program for medical office staff to sell to patients and hopefully a lifetime subscription with "pay 1 time" available...JMO...Tif)
Yes..signed, sealed and delivered contracts coupled with upcoming financial quarterlys beats the heck out of projected revenues taking us all into fantasyland where nothing is real and essentially destroys the credibility of any companys PR's!...JMO....Tif
The Chinese Health Minister did not award the contract of Henan Province for electronic medical records to just any IT company! He and others of the ruling party knew that Unis-Tonghe was the best company for implementing records in their most problematic province (many diseases)! I do not think folks realize how hugh our ties with Unis really are! Unis will use their thousands of employees to complete a full coverage of Henan provinces hospitals for over 100 million citizens, and guess which company will be awarded more provinces in China! Chartis agreement helped push the PPS up to a high of .36 cents for an euphoric period of time with anticipated (hopeful) and as it turned out, minimal as yet... revenues! Unis-Tonghe/MMRF Joint Venture agreement on the other hand will provide realistic revenues this year and growing day by day throughout the coming years. MMRG has managed to hang onto the shirt tails of a real Chinese Tiger...Unis Tonghe!! Far Far bigger then Chartis for any anticipated revenue!..If MMRF made just 1 dollar per year off a PHR for any taxed Chinese citizen in Henan Province then of course that is 100 million for just 1 province...Many more provinces in the future!...Remember, MMRF has the Chinese Patent which bought Unis-Tonghe to the JV agreement table in the first place and that PHR will eventually be carried throughout all of China's 1.3 Billion people thru Unis or others!...Chartis blanket coverage is dependent on clients signing up to become users whereas Chinese citizens have no choice and will all become USERS..In the future Chinese citizens will heap praise on their wonderful leaders for having the foresight to put all of China on electronic medical records and particularly each citizens own PHR...JMO...Tif (Thanks BL and staff for fantastic JV!!)
BL stated that revenues will be forthcoming this year from China and I am sure UNIS-TONGHUE also is not in the business of doing something for nothing! If you read Chinas very broad reaching tax laws then you will see that the individual Chinese citizen will have tax taken out of their business, paycheck, or whatever to pay for medical services! This is HUGH for MMRF and will take years to finalize or decades for that matter especially if Unis is awarded more provinces!...I know that MMRF would not have this relationship without the Patents they have and I predict that MMRF will be bought out sometime in the future by any number of companys. My guess would be UNIS-TONGHUE, Alcatel Lucent, Oracle, Microsoft and any companys interested in the value of MMRF's patents as demonstrated by recent 30 million infringement on patents, australian companys partnership because of patents, and many other partnerships. Unis-Tonghue Joint Venture would never have happened without the Chinese patent(s) that MMRF owns! So if folks can just ignore all the "Noise" on this board and look at the future business and value of all the patents then those folks will do very well for themselves!..It is very telling that BL answered a question that was always on my mind! What products of MMRF would be utilized in Chinea? I think that was answered dramatically by the head of UNIS when he told BL at the last HIMSS conference that "IT WAS A GO" hence the Chinese translation and implementation of such! HUGH!...JMO...Tiffer (also Bio assets hovering in the wings!)
Unis-Tonghue was awarded ALL of Henan province. With over 100 million folks there then that makes this current news a fraction of 1/100th of what is left in Henan Province for ongoing installations....fantastic! China is smart forcing ALL citizens to have a PHR...will pay off for instant future medical info on anybody (including pandas?)....Tiffer
Lost everything?...Nobody loses unless they sell! BL mentioned that many of the investers he knows have bought in the 20-30 cent range and are holding for the day their investment makes them money! Please be more correct in your statements and perhaps mention "paper loss" instead of lost everything!
A beautiful smart lady with a beautiful body will always get criticized by folks with shapes/bodys like penguins! She and Bob Lorsch are doing just fine with their current activitys and pasts of anybody should not be subject to criticism ... only what they are doing currently within the context/confines of this companys birth and ongoing business!..If you got it, why not show it?..We all end up going back to stardust eventually anyways..lifes short and kudos to Kira for an unshameful celebration of the human body!..JMO...Tif
Bob had stated in regard to Celgene that the vaccine works and the original trial was flawed....Talk about an 800 pound gorilla in the room! We actually have more then one! China, Pre-paid card!...(3)
I remember specifically that the entire Henan Province of 130,000,000 people was granted to Unis Tonghue by the Chinese gov. for full implementation of EMR/PHR's to all its people! Our agreement with Unis has a schedule for a 50 year Joint Venture (JV). The Chinese gov. has also stated that the entire pop. of China WILL have electronic records for each individual! It is Unis-Tonghue's intent to go after other/contracts provinces based on their success (and ours) in Henan Province! I do not believe translation is the issue here but an accelerated implementation of the product! As I remember, initial translation was done months ago and now tweaking process/installations has begun!.(like BL said; revenues will start coming in this year)..I am very proud that the MMRF staff spent wierd hours(time zones), countless nights, with a chinese translator to make this all come together! (Oracles base hardware is also involved)...Tiffer
When the news came out of MMR-PRO being installed in 3 Henan province hospitals, that showed me that all of BL's efforts and that of his staff are going to finally provide revenues, per BL's comment on such, beginning this year! I believe this is going to be HUGH in coming years and could very well alone make this company successful!... I believe MMRF will sign many contracts providing revenue this year, and it is truly exciting to me, and others I am sure, watching this struggling company being guided by one very smart CEO!
Thank you for your help as always....Sid(tiffer)
http://download.mmrcontent.com/MMRPatientView-Brochure.pdf......The brochure in english and spanish that patients in waiting rooms where 40 MMR-PRO systems are in place could possibly sign up for PHR...Tif (BL sent to me this A.M.) If anybody can convert PDF to easy click on ...please do so...I do not know how...Thanks...Tif
3F; Thank you for your continued contributions to the health of MMRF, in particular, your participation and ongoing implementation of "HORSE SENSE FOR ANIMAL LOVERS". I find many on this board with many opinions and observations but none are trying nor care to contribute to the revenue stream as you and 2 others that I know of are doing! I for one, and I am sure many others, truly wish you success as your and others efforts will actually pay off for all of us!....Again thanks, Sid Schrage, Red Bluff, Ca.
BL donates 15 million dollar bronze statue to MMRF for asset evaluation for bank loan....Bank accepts bronze statue for collateral!...See how easy that was???...lol....Tif.
If Celgene came in with large enough milestone payments over the coming months then I suppose some of that money could be utilized for a stock buy back! Of course all depends on amounts!..Sure be a hoot of FDA trials were so positive that HUGH payment and future royalies come into play with introduction of new drug ....could very well happen!....JMO.....Tiffer
MMRF would do well to give out 1 year free sub. for PHR's to all members of both houses (republicans&democrats) explaining the advantages of MMRF's encryption, 1 million ins. against hacking, unlimited fax and so on! He could also give same package to all Hollywood types of some note who would spread the word quickly on the wonderful PHR they have received from MMRF! Also give out info on MMR-PRO that would surly help sales in that area also! Can you imagine all the politicians knowing about MMRF and making decisions on their committees on viability of ALL US citizens having a PHR?...I can...I totally agree with BL on pursuit of spammers who make personal attacks but I wish he would keep such pursuit off the public scene and stop alluding to 20 hour work days while stockholders wonder just how much time is actually spent on company business versus his many activitys that are clearly outside the realm of company business! BL's credibility on past forecasts on future revenues has been a complete wash, and I hope he realizes that only completed agreements (contracts) with money in the bank mean far more then spewing nonsense PR's with unrealistic revenue forecasts. I do not think BL realizes that those unrealized revenue forecasts have hurt the PPS far more then any posts on any board! ALL ceo's get spammed and most ignore and get on with the business of making money and realistically pay no attention to MMRF's rep. being spammed as they only concentrate on what MMRF's products can do for them and their company in IT business! JMO...Tiffer
I think 10 year plan that Bush signed in 2004 might cover that! I do not know for sure .... JMO...Tif
PPS hangs on the shirt tails of revenue! Simply too many things going on for revenues to kick in and I will wait patiently for those happenings! Then and only then will PPS rise!...JMO...Tif
Celgene is in the business to make money and if MMRF's bio assets had not contributed to the advancement of a new money making drug then MMRF's milestone payments would be terminated! Evidently FDA verifys continued process of Celgenes endeavor to perfect this new cancer drug. If this drug hits the worldwide market, then I believe MMRF will receive a hugh initial payment and royalties thereafter! Celgene currently thinks so and so do I.....JMO....Tiffer
I recall Bob Lorsch saying and insinuating that ALL milestones could ramp up dramatically and be done within a very short period of time! I guess now that SEC allowing progression and approval of Celgenes product trials really determines the milestone payments.JMO...Tiffer
Sharper Image has Avon Reps selling health products and even electronic devices. I have mentioned many times in the past why MMRF does not enlist existing sales organizations and create a viable sales force! I suggested giving 90 day free PHR's to a district manager and their Avon Reps(test market) and then they would have knowledge of MMRF's PHR and could then sale to customers with a generous 1 time commission. Bob Lorsch, for some reason or other, does nothing to enlist existing sales organizations. His estimated value of a statue worth 15 million dollars sitting next to the garbage cans demonstrated his pie in the sky future revenues for MMRF! Sure wish Bob Lorsch would realize that his own actions (PR's) have hurt the PPS more then any spammer. UNREALIZED revenue projections coming from him...How about SIGNED, SEALED, DELIVERED (MONEY IN THE BANK) CONTRACTS BL.....JMO....Tiffer
Whew! China is a go and I really appreciate BL replying so promptly to my e-mail this am...I am very happy about this HUGH source of revenue in the coming years...Tiffer.............BL;"The best product identification is Kira and I Google the show you will see. China will be discussed in the report things are moving along very well just the way they do in China."
Of course...his money.....his recoup!...Got it?...I think its called getting some of his investment back...Would you have done any different?...LOL....Tiffer
(Sent to BL this am...Tif)...I hope you can feed some info to the stockholders on the recent meeting(s) with Unis at last show. Concensus is that there is nothing for you to report positive as Unis does not need MMRF's products and has left MMRF hanging, otherwise you would feed stockholders some kind of info that the JV is still anticipated to bring in future revenues to MMRF! No sales figures yet which you PR'ed long ago protraying Unis participation in helping sale MMRF products in China's business/private populace either. Your call, and if its bad news, then you can continue to verify MMRF's transparency by also giving stockholders the bad news...Thanks, Sid (looking forward to seeing you folks on Bravo and hope you have some visible MMRF items around the house!)NO! NO! I am not giving my MMRF beenie babys to charity!....then stick one on hosts chest...LOL..hey....why not!