Retired and just enjoying the ride with MDW (Midway Gold)
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Mr. Klasky, who signed with Bob Lorsch on the 8K is representing a merger MMRF should have nothing to do with especially when it entails turning majority control over to an outside party that the FDA does not approve of!! If MMRF's intellectual assets and ongoing agreements with the many companys we are expecting future revenues from are not sufficient for MMRF management to maintain majority control of the company or at least merge with a reputable company then we should not engage in a merger with this company with questionable business practices!...Much better to wait for China, Australia, etc. for revenues then to give up the company for nothing but Bob Lorsch getting paid off for his 70 million shares! http://www.google.com/url?sa=t&rct=j&q=fda%20charges%20on%20charles%20m.%20klasky&source=web&cd=3&ved=0CDYQFjAC&url=http%3A%2F%2Fwww.fda.gov%2FICECI%2FEnforcementActions%2FWarningLetters%2Fucm283308.htm&ei=n94VT5HiDOnhiALsiYWuCA&usg=AFQjCNFb645V7vfDNxR4-ydsCIQ1o1K-jA.........Just my opinion and the FDA's letter formed my opinion!......Tiffer
If Licensee fails to pay on the due date any amount which is payable under this Agreement to Licensor, then, without prejudice to other remedies of Licensor hereunder, Licensee will pay Licensor a late fee equal to the lesser of 1-1/2 percent (1.5%) or the maximum percentage permitted by law on all past due amounts for each month or part thereof that such amounts remain unpaid upon notice provided by Licensor of Licensee's breach of this Agreement (without limitation to other remedies provided herein this Agreement ....CAN YOU IMAGINE THE REVENUE MMRF IS MAKING ON "LATE FEES"???....LOL.....Tif..(Finally the documentation that all of us needed)...Wonderful bargaining chip for merger!
China is either going to be the biggest absolute game changer this year for MMRF or turn out to be the biggest mistake on MMRF's part for even doing business with a country that is noted for ignoring patents and stealing ALL tech. from ALL countrys of the world! Of course there are legit chinese companys that play by the rules and I sure hope we are with the right company there...Unis-Tongue!...We will surly see the truth of the matter this year!...JMO...Tif
Yes and hopefully it is one of the "upfront" bargaining chips currently going on for possible merger!...JMO...Tif
MMRGlobal, Inc Joint Venture Partner Unis-Tonghe Wins Bid In China
Wednesday, 22 Jun 2011 08:35am EDT
MMRGlobal, Inc announced that it has received official notice that they are a winner of a bid to provide eHealth and Electronic Medical Record Services of 164 County/District of Henan Province in China. The Government of Henan Bidding and Procurement Service Co. Ltd released a short list of provider companies which include Unis-Tonghe. Unis will deploy the Unis Medical Clouds Service throughout the Province which will be purchased by the Henan Province Government's Department of Public Health. MMRGlobal announced the signing of a definitive Agreement with Unis-Tonghe to be joint venture partners in January 2010. The Company believes that certain features and processes created for MMRPro (www.mmrprovideos.com) and the MMR MyMedicalRecords.com Personal Health Record (www.mmrvideos.com) may be incorporated into the Henan Province program on the Unis Medical Clouds Service.(((( I am really anticipating one of the top executives of Unis-Tongue which we are in partnership with in China being there with MMRF per an earlier disclosure from Bob! Domestic market?? They are also one of the largest IT companys in China! Bob Lorsch said China revenues would take years for fruitation and I hope this and next year proves true towards that end!..I have the patience, and will continue to wait for things to develop. Patience has served me well in the past......Tif..))))
Yes...This quarterback is way ahead of any on this board on where he is taking this company!...
Bob Lorsch mentioned "daily" meetings on merger. Bob has several hugh bargaining chips in the daily negotiations on the Merger!..I still believe that will be the answer to everybodys questions when hopefully Bob manages to bring a merger to a successful conclusion and everybody might well remember that Bob mentioned it takes outside auditors to evaluate all companys concerned to get realistic evaluations for a fair merger for all of us and this takes perhaps few weeks/months to complete! These patents are very important as well as anticipated business in China, Australia, Chartis, etc. and who knows maybe even Celgene may eventually be thrown into the mix although spin off was mentioned. We may well get far more evaluation then the 30 million forecasted from the one mentioned company! The Feb. 15th quarterly should verify this scenario which I am confident is taking place currently! Remember Bob Lorsch saying details will be forthcoming during that reporting period?? I do. Anticipated 5 million will do what it is doing/intended to do currently..one of the evaluation bargaining chips.. JMO.....Tiffer
Bob Lorsch has now been reconfigured to a quarterback instead of a jockey like I have previously posted! After watching the 49'ers quarterback pull a win out of almost impossible odds...He did it!!....O.K. Bob.....GAME ON!!.....Tiffer
I will stay with the man who conjured up this company and put in his own money, along with all of us other investers. He has a record of success. So I believe a person who has the undeniable goal of being very rich, and has the credentials to prove it, will eventually succeed with the outstanding management team he has assembled! You say I did not answer your question...but I did!...This redundant yakking about the same subject has cropped up several times in the past and explanations were given in detail by Mod's at the time...I prefer anticipating one of the many "Irons in the Fire's" "BINGO" moment!....Would you still be here commenting on his perks after an explosion of revenues coming in??....doubtful...later....Tiffer
You make absolutely no mention of the multi-millions out of the RHL Group which Bob Lorsch owns totally, which means money out of his own pocket to the tune of MMRF and RHL common stock totaling over 70 million shares at a cost to him of .14 cents a share! Now you figure out how non-consequential all this rhetoric is about his salary, car allowance, and whatever and ask yourself how is he going to get all of his money back???....Simple..He is going for the whole enchilada and make his 70 million shares and all the other stock holders shares worth talking about in future months, years...Hope I have answered your question with true logic of whats really happening!...ALL startup companys use shares to pay bills/acquisitions/mergers/employee incentives as you well know, and I do not understand your redundant thinking!
I will stick to my previous post couple weeks ago when pondering about the 5 million dollars it dawned on me that Bob had a hugh bargaining chip in the daily negotiations on the Merger!..I still believe that will be the answer to everybodys questions when hopefully Bob manages to bring a merger to a successful conclusion and everybody might well remember that Bob mentioned it takes outside auditors to evaluate all companys concerned to get realistic evaluations for a fair merger for all of us. These patents are very important. We may well get far more evaluation then the 30 million forecasted from the one mentioned company! JMO.....Tiffer
Deferred salary does not protray your scenario! Please do better DD....Thanks, Tif
You do not give raises unless you are confident of "Pending Deals" that we stockholders know nothing about!..Bob Lorsch is going to surprise all of us this year/month/week??..That 8k give me confidence of anticipated revenues by the company!
Your reporting meant a lot to all investers!...Thanks...Tif
We are showcased at Alcatel-lucent ng network............TeleConsult – a healthcare application using new video conferencing from Vidyo, Bluetooth sensors from Boston Life Labs, video content from Framework Interactive TV, and voice and text apps from Voxer allowing a consumer to "visit" a healthcare professional over a high-speed network. "Using an application developed by MMRGlobal," information can be transferred securely to the consumer's healthcare team and accessed through multiple devices including mobile phones and tablets
If I remember correctly the Chinese executive from our partnership with the activitys in Henan province will also be there with MMRF!....Should be very interesting affiliations being explored there!
ATTN; ONLY 346 SHOPPING DAYS UNTIL NEXT CHRISTMAS TO BUY YOUR LOVED ONES A PREPAID PHR CARD AT WALMART/DRUG STORES/, OR DON'T WAIT AND BUY FOR ANNIVERSAYS, BIRTHDAYS, GRADUATION PRESENTS, AND WHO KNOWS MAYBE MMRF WILL OFFER A ONE TIME LIFE TIME PAY LIKE XM RADIO FOR A LIFETIME SUBSCRIPTION WHICH IS IN THE NEIGHBORHOOD OF 800 DOLLARS! (I BOUGHT ONE FOR MERCEDES)....TIFFER
Yes .... It all depends on how popular the run/volume is when something substantial happens on the revenue side and then this company will run out of stock on the open market, and BINGO! Institutions would be on the band wagon then and HOLD!!!
I'm kinda hoping for a 2 or 3 for 1 split in future years!...Yes...I am an optimist based on the coming explosion of PHR's and what they mean for cost savings/user records/life saving capability for ALL facets of the world society! Forward splits?? Its happened before with other companys with our AS.
Bob Lorsch was kind enough to share with me, per land line telephone call, when he said it was ok to share with others that his average out of pocket "skin in the game" was .14 cents a share. That figures out to be $9,800,000!!....Kinda makes me think he is serious about this company he started!...Of course that is just my opinion and I do not encourage anybody to invest unless they want to do DD and make up their own minds! I made up mine a long time ago due to who and what Bob Lorsch is....A WINNER!!
You would be doing exactly the same thing if you were the CEO! As long as this company succeeds in its quest then it will all have been worth it even if the AS of 650 million is entirely used! The main thing is the product being sold in hugh volume and that is the bottom line.....REVENUE
Gee, you think it might be more important to sell company products then borrow money? Shheesshh!
""Realistic is Nobody is interested, show, or no show."" Please provide a link substantiating your questionable observation!..Where is the 5 million? MMRF never did say it was to be paid but only "DUE" during December 2011 as an upfront payment but still contingent on patent activity!..Until certain patent requirements are met we will not see any payment! The company you expect 5 million from is also waiting to see how the patent situation plays out before any payments....Its called "Doing Business".
What??? No mention from you on Alcatel-Lucents display protraying MMRF's PHR and being shown to customers?? Where do you get your observations from?? I think you should take a more realistic approach to a management team that trying its heart out to make a difference in this world instead of posting whatever you call posting!....
Nice to see positive character analysis of MMRG management team by one of our valuable posters (3F) which is a breath of fresh air compared to the character assassination of some of the past posts on this board! Just goes to show what a up close and personal verbal exchange and products presented does to nullify the rhetoric of others who know nothing about a management team that is doing its damndest to make a successful bid in the PHR market!...Go MMRG!...
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"Health and wellness is an industry poised to take advantage of next generation technologies and TeleConsult is a great example of a potential service. MMRGlobal (MMRF:$0.0455,$0.0005,1.11%) is the leader in securely transmitting medical records, and their contribution to TeleConsult ensures that consumers are not only getting instant medical advice, they are also getting it safely and completely protected," said Jason Collins, Vice President, Emerging Technology & Innovation at Alcatel-Lucent.
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This quote is one of many positive items that protray things to come for MMRF. Security is the uppermost concern with PHR's and I think the retail market addressing this with brochure at future outlets like drug stores may well be very positive for new PHR users!....JMO...I am a long term invester and will be here for at least 2 more years!
Hermso...I suspect the dogs will morph into the Hydrants as the years go on! Of course just my opinion and wisdom gained from past investments!....Tiffer
Yes and the Chinese executive being with Bob in upcoming show should prove very interesting in our China/MMRG/domestic market partnership!
One thing I am absolutely convinced of is that Bob Lorsch wants to be rich and will do anything he can to conjure up a merger to promote this company and its PPS! Warren Buffett has said many times that the most important thing he valued with any company he had an interest in was the fervent belief of the management team in the products they were selling and the daily activitys of that management team to sale the product(s). We got the right horse with the right jockey in my opinion!...China, Chartis, Australia, Celgene, and all the other affiliations make for a very good 2012 and I am sure in the eyes of Bob Lorsch and his management team as well!...I like this company and the acknowledged foresight of the CEO who started it!.....Tiffer
I picture the scenario of Bob Lorsch wanting this merger so bad that he would give up these patent infringements and incorporate/convert them into MMRG'S VALUE/ASSETS to eventually get us on the NASDAQ with the 2 discussed merger companys and the 100% transfer of assets of same! Oh to be a little mouse hearing what goes on behind closed doors! So we shall wait and see what comes out of the daily discussions and hope for a favorable position of the common stock holders (including Bob Lorsch with his 70 million shares). Good news I feel will be forecoming for all of Bob's co-workers/invested friends and us! The unrealized 5/30 Million may well protray "Power" in MMRF's asset valuation for getting all us the best possible deal!...We will see! JMO..
The initial $5 million dollar payment shall become payable to MMR on December 23, 2011, with five additional $5 million payments being made on November 15th each year for the next five years unless the Agreement is terminated by MMR for nonpayment of monies due to MMR, or at the option of SCM if at least one US Notice of Allowance from the list of twenty Licensed Patents is not received by MMR........THE FOCUS IS ON PATENTS, AND I DO NOT BELIEVE ANY MONEYS WILL BE FORTHCOMING UNTIL ALL 20 ARE SIGNED, SEALED AND DELIVERED! WHY WOULD SCM GIVE OUT 5 MILLION DOLLARS WHEN WE DO NOT HAVE ALL 20 NOTICE OF ALLOWANCES IN HAND? I BELIEVE THAT IN THE MEANTIME BOB LORSCH HAS POWERFUL TOOLS ON THE DAILY NEGOTIATIONS GOING ON NOW.....WE WILL SEE HOW IT ALL PLAYS OUT! HOPE MMRG GETS THEM ALL IN THE NEAR FUTURE OR MAYBE THEY ALREADY HAVE...WISH BOB WOULD LET US KNOW STATUS OF ALL 20...Tif
I can also picture the scenario of Bob Lorsch wanting this merger so bad that he would give up these patent infringements and incorporate/convert them into MMRG'S VALUE/ASSETS to eventually get us on the NASDAQ with the 2 discussed merger companys and the 100% assets of same! Oh to be a little mouse hearing what goes on behind closed doors! So we shall wait and see what comes out of the daily discussions and hope for a favorable position of all of us with the common stock (including Bob Lorsch with his 70 million shares). Good news I feel will be forecoming for all of Bob's co-workers/invested friends and us! JMO..Tif
In consideration for the rights granted under the Agreement SCM will pay the Company $30 million dollars (the "Initial License Fee") with a minimum of $5 million dollars in upfront fees with the explicit understanding and requirement that the Settlement and """RELEASE""" portions of the Agreement become effective solely upon SCM's payment""" IN FULL""" of the Initial License Fee. SCM also agrees to pay MMR additional royalties of ten percent (10%) of gross revenue at such time as an initial Two Hundred Million U.S. Dollars ($200,000,000 USD) of gross revenues are accrued on any Units sold, used or otherwise transferred pursuant to the terms of the Agreement. ""So I wonder what patents were infringed upon in the first place and have we now got these particular full blown patents? Interesting scenario playing out here!....Tiffer""
Thanks for the advice but I have a real fear of being "out" when one of this companys many facets of revenue come to fruitation on just an announcement of signed, sealed and delivered!...I will hold and wait and as I told you in a private message....There are reasons that I know MMRF staff works 24/7...
Sorry ....Nobody has access to the archives of Celgene to get that information!...Milestones will be reached at Celgenes own speed of their Scientists/Lab results!
There was no mention of FDA approval and of course it is everybodys fervent hope that a process of Celgenes involving FDA approval for a new drug would incorporate some aspects of our bio assets! Bob Lorsch made no mention of FDA approval for our assets! Perhaps you should lisen to MoneyTV Again! http://ctt.marketwire.com/?release=838056&id=1132774&type=1&url=http%3a%2f%2fwww.moneytv.net%2f
Future revenues will nullify your concerns and all you need to do is have patience to see the results of the hard work that the MMRG staff is doing 24-7. This is a long term play and I am committed for years of involvement with this company and admire the work ethnic of the entire staff! You suggest that public presentation of the companys products do nothing but I believe future revenues will prove you wrong as ALL public dialogue is positive for any company! I am particularly interested in our China/MMRF partnership being present in upcoming show with one of the leading Chinese officials being present to meet with prospective clients!...Lotsa great things coming this year!..JMO...Tiffer
Don is the Founder, Executive Producer and Anchor of MoneyTV, an internationally-syndicated weekly business television program reaching 150 million TV households globally. MoneyTV debuted in 1996, recently began its 15th year on television and produced and aired its 700th original episode in January, 2011.
Successfully launched in March 2009, Health This Week is an exciting show exploring the new ways and techniques people, science and technology are employing to live better, healthier and longer lives. Health This Week is seen throughout the USA, Europe and the Caribbean.
SOMEHOW I FEEL THAT YOUR POST IS GIVING OUT ERRONEOUS FACTS AS EVIDENCED BY DOCUMENTED VIEWERS! PLEASE DO DD BEFORE POSTING AS IT JUST CONFUSES FOLKS!....TIA......TIFFER
http://search.yahoo.com/r/_ylt=A0oGdV9RtgVPPDsAQCFXNyoA;_ylu=X3oDMTEyOWhrdXNnBHNlYwNzcgRwb3MDMQRjb2xvA3NrMQR2dGlkA0RGUjVfNzU-/SIG=12vl5sgpj/EXP=1325803217/**http%3a//www.consumerelectronicsnet.com/articles/viewarticle.jsp%3fid=1617504 I say No as they would not have progressed as far as they have without suitable protection of patents of their own!...JMO...
I think it would be more proper to do a search on PHR and ability to talk to all .....Don't you?????????....