Retired and just enjoying the ride with MDW (Midway Gold)
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I guess he is not well connected as he has only Chartis, China, Australia, mergers, Microsoft healthvault access, and on and on!..Last I heard his digital rololex had over 7 thousand business contacts! JMO....Tif
Sounds like you really know your stuff and the board would sure appreciate it I am sure if you would reveal your thoughts on the digitized software that makes MMRF's software talk and collaborate with any other EMR on the planet with patented software that allows collusion with smart phones, multi-physician conferences with MRI/X-Rays discussing patients status, and on and on!...I am sure Bob Lorsch would appreciate your demonstrated expertise!...Give him a call and help us all out!...Thanks, Tiffer
The CEO has people working with him that know more about digitized networks then anybody on this board and have set them up for mmrf! Suggesting that MMRF/CEO isn't on top of things is ridiculous!
No I did not miss that and that is one of the reasons I have great respect for Bob Lorsch! It just bothers me greatly that he is dealing with 2 brothers carrying questionable/no medical credentials/cheating on medical exams as verified by public record! These 2 Iranians I feel have no qualms hiring doctors/surgeons with very little expertise and for the sake of money I question Bob's probing of their business ethics! Sure, its easy to pass that off, and salve your conscience by pointing out thats what lawyers are for! I suppose it makes people sleep better at night thinking that is on the up and up! I detest that kind of thinking and Bob should be cultivating respectable companys instead! I feel any decent person who has good moral fiber for his fellow man would question this unholy alliance! I would like to hear that he has addressed the issue with these 2 brothers of dubious reputation and resolved the problems with questionable surgeons and false advertising as also verified by public record! I feel Bob is desperate for money and is grasping at anything to fill his treasure chest again!....just the wrong way to do it! I hope China, Australia, Chartis, Celgene, etc. do something substantial to help MMRF out other then this questionable company ran by people with unverified expertise!
I would have liked a response from Bob that the Omidi's had fired the unqualified doctors and had a more reputable surgery staff on board that passed stringent background/professionalism checks to nullify the concerns that we as investers have on this relationship! Instead all Bob talked about was money and not the assurance of future mal-practice occuring! I am disappointed that Bob placed more value on money then addressing these concerns. I hope to see more direction from Bob addressing this, and if not, then he is not who I thought he was but a person with 2 agendas....1. is protraying himself as a charitable person with his needed public acknowledgement of same and 2. making money at any cost including injury to others! I hope I am wrong!!..Tiffer
I do not care if the CEO is a wild haired purple people eater as long as I see significant revenues coming in the future years! I do not expect him nor want him to be as "normal" CEO's act but instead to do what his ego dictates and keep putting one foot in front of the other and do what he does best!.....MAKE DEALS!
That 150 million on the receivables may well be correct but I would also like to see the accounts payable based of course on how much was paid out to workmens comp. claims! After all the dust has settled then how much did workmens comp. claims eat up? Only then would we know the real profit of the company! Just my opinion of course and I may be totally wrong but I suspect I may be right!
MMR Global (OTC:MMRF): JV Partner Wins Bid in China to Provide E-Services
Shawshank, VA 6/24/2011 (PennyPayDay) -- MMR Global (OTC:MMRF) recently announced Unis-Tonghe Technology (Zhengzhou) 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 and the MMR MyMedicalRecords.com Personal Health Record may be incorporated into the Henan Province program on the Unis Medical Clouds Service. Henan Province is one of the largest provinces in China with nearly 100 million citizens.
Redundent but just makes me feel good to repost!.....Tiffer
payable after sight
Definition
Payable after a specified number of days after presentment. Guess it appears they have a grace period just like I do on my PG&E utility bill. Guess they forgot to put in "grace period" JMO....Tiffer
Kinda reminds me of the little boy who says to the little girl! "I want what I want when I want it" and the little girls reply "You'll get what I got when I get it". Did not say the 5 million was DUE on the 23rd, but most likely, as we see now, at a later date! I guess we will "Get what we want when they get it"..Oh well, I guess we just need patience for all things to happen! Merry Christmas and a Happier New Year to all and of course I-HUB ADMIN whose folks do their best on this board! (unlike the circus on the Yahoo board)......Tiffer
The electronic medical record arena has many firms vying for space. According to Millennium Research Group, the electronic medical record market is projected to grow from less than $1 million in 2009 to more than $8.3 billion by 2016. Software and office equipment maker Xerox Corp. (NYSE: XRX) reported last week that its ACS subsidiary bought cloud-computing company The Breakaway Group to grow its electronic medical records capacities. At the ground-level price point, MMRGlobal Inc. (OTCBB: MMRF) is a leading junior in the electronic medical records space. The company is conducting business with several household names to expand their products including Eastman Kodak (NYSE: EK), Alcatel-Lucent (NYSE: ALU) and privately-held Chartis, Inc.
The original NY Times article can be viewed at: http://www.nytimes.com/2011/12/04/health/policy/parting-shot-at-waste-by-key-obama-health-official.html?_r=2.........UNBELIEVABLE THE RAMP UP (in dollars) OF MEDICAL RECORDS OVER THE NEXT 3-4 YEARS!...Tiffer
I really doubt any fund manager would delve into the management team and the many irons in the fire currently ongoing after looking at MMRG's balance sheet which is a dismal read! I have bought my 1 plus million shares based on the belief in the CEO and the very professional people working with and affiliated with same towards formulating a successful company! It is a very rare thing when a penny surges out of the pinks and becomes a viable entity! I am a gambler and I have put my money on this horse which I believe will be in the winners circle some day! If not?-So what? Its only money and like I have said in the past I have never seen luggage racks on a hearst yet!...Keeping my fingers crossed!.....Tiffer
Yes, they can of course do different classes of preferred like A, B, C,and so on.....Fun times ahead and can not hardly wait for finalization of the whole package! Going to be some time tho!....Hopefully by the Feb. 15th final quarterly/year financials for end of 2011....
I really doubt if a proxy vote would be needed for preferred stock as they will simply place a value on l single share of $1,$100,$1000,etc. per share of preferred stock!
A ten for one reverse split would put us in the vicinity of the OS of Athena! (30 odd million)...Be nice to see PPS in the $40's like Athena! But first I would rather see a buy back program with some of this 5 million Friday! It sure is an exciting road that Bob has taken us on!...Man knows his stuff!
But you know it still comes down to the basics...No revenue...No rise in PPS! Only the future revenue flow will determine the progress of this company and when any institution chooses to come in it will be based on revenue ....not speculation as we investers who own this stock are doing! So I will observe the horses coming out of the gates, in the grandstands, with my 6 dollar ticket to win on this new horse, in his first race with 20-1 odds against him, and hope "Seabiscuit" comes in first!....Tiffer
True, and I especially like his involvement in the "Wounded Warriors Project" that directly helps the children also!
These respected funds you speak about do not buy stock for the funds investers under 5 dollars and surly not under a dollar (This is in funds charters) Do you not know that? I suppose there may be some in Nigeria that do tho, so you may be right!
I have no doubt that our fellow stock holder Bob Lorsch will make sure his and our common stock becomes valuable! A lot of his co-workers/large investers and us are going to benefit greatly from the coming finalized agreement! Meanwhile business keeps progressing! Sure wish MMRG would announce stock buyback! Only direct thing besides revenues that will raise PPS! JM0
I wonder if the payoff for them is preferred stock for collateral instead of the common? Guess we will see!
Rather see a stock buyback occur tho!
Will not the RHL group being paid off not reduce the OS significantly? Isn't it true then that Bob would still own about 10 million or so of the common stock exactly like we shareholders do? Is it prudent to go on and say that he will take care of all common stock holders and a reverse split may now be put on the table to facilitate entry into the NASDAQ? Would it also make sense for dividents to be paid to common stock also(besides preferred) as this would make the PPS rise and of course make all managements shares profitable as well as ours and possibly new stock being granted to management of these other 2 entitys? I suspect this 8K has found some "Deep Pockets" to accomplish all of the above! Just my opinion of course!
Going to be very interesting when we get the particulars on this 8K and I look forward to seeing the dividends being paid on the preferred stock to the 2 new entitys we are involved with now! They are bringing enough $$ to the table to certainly benefit from the preferred stock in this way and their dollars will also qualify the company to move on to the NASDAQ! Very innovative thinking has occurred here!..These 2 entitys will surly have the majority vote on money distribution in all ways....JMO...Tiffer
Sure nice seeing the "shortys" getting their just desserts! Interesting how they keep spamming against a company that just hit a home run and they do not equate that what has happened is a company that is one out of a million on the pink sheets that is advancing to the Big Boards! Many millionaires are going to be made in 2012 and beyond and I and many others on this board are going to be among them in the coming years!..2 entitys of revenue....Our spin off Bio company and MMRG! Unbelievable and understandable considering the CEO/managements expertise! I can well imagine the euphoria the other 2 etitys we are merging with are thinking! Hot damn..We are going to be multi-millionaires!
You forgot several little details like a CLEAN balance sheet with tremendous assets and the worldwide/domestic footprint that MMRG has been working on the past few years! I know you also forgot about Chartis, Celgene, Unis/MMRG China, Australia and on and on! I believe you also overlooked the requirement met enabling MMRG to also be on the NASDAQ!....JMO....Tiffer
The Founders/management of these other 2 entitys are going to be placed into the very lucrative position of personally owning millions of shares of MMRG stock on an individual basis and probably at a par with Bob Lorsch's millions of shares he owns aside from the RHL group! This is a hugh win win situation for all partys including all of us stockholders now being on the NASDAQ exchange!....Unbelievable what our CEO has just done!..Thanks Bob!....Sid (Tiffer)
"I might be a conspiracy buff, but on the chance that NNVC cides work and work great, I doubt they will ever make it to the market as long as the current big business is controlling the world. In fact I know inventors who have a cure for cancer through a vaccination that are being suppressed by the USA government. A friend who has type one diabetes which takes huge amounts of time to manage, received 5 of these vaccinations in a three day period and is now free from diabetes. There is a clinic in Munich that has these vaccinations and with the cancer one, an 80% survival rate for those who were terminally diagnosed and given up on. A much higher rate for those who get the vaccinations early." ..................This recent posting of yours shows that you have some very strong opinions on various things as do I on this company! I have the patience to wait years for results! This company just needs more time for expansion! JMO...Tiffer!
I do not trade this stock because I have in the past been surprised when I was out of a particular stock I had just sold and great news/revenues came out and I was staring at the caboose in the distance realizing I had just missed the train! I will continue to be entertained by the surprises that MMRG gives us long term holders in the future!...JMO....Tiffer
It seems to me that MMRG will knock out 2012 and 2013 burn rate with the combined Celgene's 12 million and the combined next 5 payments of 5 million each Nov. 15th!! This sure will buy MMRG's management the breather/time they need for more signed, sealed and delivered contracts besides the Chartis, China, and Australian activities going on! The PPS should benefit greatly just with what is going on much less the many more lucrative talks ongoing for more contracts! Amazing things can happen but of course "show me the money prevails". JMO....Tiffer
I must admit that I have been very concerned in the past about this companys products being reduced to being non-entitys because of the technological advances in IT being made on literally a daily basis! I was especially happy to see the Australian affiliation tying us to a company on the cusp of this ongoing technology and gave me a great boast of faith in MMRG's commitment to staying competitive and taking advantage of other companys technology and keeping MMRG's product improvements ongoing! We have, I believe, the most desirable PHR for all to have!
I sent Mr. Lorsch info on contacting ALL home security system companys including ADT, All computer "Nerd" companys both of which have both access to homeowners, hospitals, lawyers, etc. I explained to him that with a viable revenue stream for partys concerned that we would have a tremendous sales force! I also included Unions, Moose, Elks, Firemen & Police organizations,Public unions and private of same, and on and on! I have seen nothing yet and do not expect to in the near future until more employees are hired and pursue these "Gems". MMRF is doing a tremendous job with the minimal number of employees they have as evidenced by recent events!..Just give MMRF time and they will not let us down...Tiffer...I gave this input several months ago!
You sure are right on the VA system as I go every month and several doctors have told me they have had the system for years and it actually is offered free to anybody who wants to incorporate it into their particular business!..They can not imagine why more do not take advantage of this free EMR!..MMRG has many other cutting edge applications that the VA system lacks particularly for an individuals use anywhere in the world and of course input from ALL tests records from a multitude of other medical entitys/EMR's not to mention multi-doctor conferences with ALL test results readily available for discussion! I wish MMRG would advertise more on the unlimited fax which many businesses could surly realize savings on their current fax charges now and gaining our great PHR! I remember well the walls of folders and can not see even 1 folder anywhere I look now!
Thankfully its his everyday resolution per his own words! My God wouldn't that be a blockbuster for us and a b_ _ _ buster for some? ... LOL ...
Thank you MMRF for the wonderful result this Christmas season which is a culmination of all the staffs efforts! I hope the CEO has a little more clout now to further his work on an affiliation (merger) with a private company! I know the CEO would love to get back to his charitable activitys and get back to the private life and pursue those charitable pursuits as he has spoken of in the past! I feel the CEO does not realize that he is involved in the most charitable activity he will ever undertake or has ever undertaken in the past, present or anytime in the future! The alcolades of all the individual charitys he has been involved with in the past surly has given him positive public recognition which every human being craves, no matter from what area! The company he heads now will save many lives of both human and animal and saving all records of such! I feel Bob Lorsch will find he will get far more self satisfaction and the feeling of self recognition in his soul, versus public alcolades, when the lives saved are documented in the future via personnel accounts of circumstances and the MMRG system that saved their lives! Merry Christmas to you and yours Bob Lorsch and we all enjoy and have pride in the biggest and most important charitable activity you will ever embark upon.....Tiffer
Isn't it tho? Gave me a chance to buy at this beautiful low PPS! My Christmas present to myself and family!
Thank you for your observation except you forgot one item! WE are the CEO's family and he spends this money on the progression of the company which is US! Merry Christmas to you too!
Should be really hilarious a year from now when this MMRF management team will be showing the progress on new contracts during 2012's past 12 months! Thats what I and others are looking forward too!
THE REASON HENAN PROVINCE WAS PICKED FIRST! There are many demonstrations by the plains people who dominate this region demanding medical records! I would provide medical records too if I had that many chinese knocking on my door!http://web.archive.org/web/20021018224210/http://www.usembassy-china.org.cn/sandt/henan-hiv.htm
Me too Red..2012 may well prove to be "OUR TIME".On July 21, 2011, the Company announced that the Company and Unis-Tonghe Technology (Zhengzhou) Co., Ltd., MMR'S Chinese Joint Venture partner, have entered into a series of warrant purchase agreements whereby Unis-Tonghe has the right to purchase up to four (4) million shares of the Company's common stock: one million at 8 cents per share, one million shares at 12 cents per share, one million at 16 cents per share, and one million at 20 cents per share KINDA MAKES YOU THINK THE CHINESE HAVE REAL SMARTS AND AGREEMENT (WHICH IS IN PLACE) TO INCORPORATE OUR MMR- PRO AND PHR IN THE CHINESE VERSION OF EMR IN HENAN PROVINCE!...$$$$$$ for UNIS...$$$$$$$$ for MMRF.....OVER 100 MILLION PEOPLE IN HENAN PROVICE WHICH THE CHINESE COUNCIL HAS ORDERED TO BE PUT IN PLACE THROUGHOUT ALL OF CHINA AND HENAN PROVINCE IS THE FIRST OF ONGOING ELECTRONIC MEDICAL RECORD PLACEMENT! DICTATORSHIP SURE KNOWS HOW TO GET THINGS DONE!....Sure glad we have our freedoms tho, unlike China!
I have never in my life delegated things to do to others that I can not do myself! Expanding on this thread please call him yourself and let us know his response! I am sure he would love to talk to you as he as anybody who calls him!....Tiffer