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If they increased revenue every quarter for the next 3 quarters the way they did this quarter, they would still be losing money.
They are 8 million in the hole with no cash.
HAhahah they will give them more time to answer the complaint.
Let me give you the response to the complaint to save you all the suspense.
Denied.........
Denied.........
Denied.........
Denied.........
Denied.........
Denied.........
Denied.........
Any single company that they are suing could easily buy MMRF outright for almost no money just to get them to go away.
Walgreens throws $40m at BL and he would fold up shop in a skinny minute
From $88k to $205k
They also gave away $376k in stock to pay bills
They also missed their loan covenants but since their loans came from BL directly, he was nice an waved the breach. What a guy!!
Explain how the 10Q is good?
They are still burning a million dollars a quarter,
Still have no revenue to speak of,
Have $10,000 in Cash,
Have 100 days of Credit facilities left
and said they are going to manufacture more shares (dilution) to get through the rest of the year!!!!!
What did you read that I missed??
Losses are a "Big thing" in BL speak.
Sounds about right.
https://i.chzbgr.com/maxW500/4542993664/h98B0BA41/
Here is the current MMRF Venn Diagram
http://imgur.com/1qJET4a
It's called a master patient index (MPI).
MMRF does not have one, and to the person who sent me a private message and said that the patients unique ID is a fax number.
Let me comment that without a master patient index its just a image management system.
All its doing is managing TIF files (faxes)
They added HL7 but they didnt add a MPI.
I can't argue with you if you don't know anything about how an EMR works under the covers, if today was the first time you have heard the terms MPI and HL7 please please don't tell me I am wrong.
Keep crusin' baby, the car is about to run out of gas!!
jv
They didn't miss the bus?!?!
Ok please provide a list of facility names for which MMRF provides a patient portal using their product.
Just one hospital.
I'll wait.
Still waiting.....
They missed the bus, the train and the plane.
Like I said 3 quarters ago, if this 10Q isn't a revenue positive one, then it is OVER for MMRF.
OVER!
The end user search interface is not what I was referring to.
I will give it to you in simple terms,
Assuming MMRFs product had the ability to be a one stop shop for patients from all over the country. And assume that they all get aggregated into a single database.
None assume that there are 126 David Smiths born on August 7, 1972,
in order to have a Master Patient Index you need to be able to tell the difference between them, based on their location, their address, their SSN, also allowing for data entry errors in all of the above, then score the match to the correct David Smith when data comes in so it goes into the right record.
Thats the algo I was referring to that they don't currently have.
No he won't be all over it, the level of sophistication and the level of integration that would be required for something like this would already have to be in place.
Meaningful Use Stage II starts in 2014, that's less than 4 months away.
Choooo choooo the train has already left the station and MMRF missed it. And in case you didn't notice by the lack of PR on new features and functions in their web product, its just a straw man so that they can claim that they use the technology and are not just suing people for their use of their patents.
The product has no legs and I could get someone on elance.com to write a competing product that does what it does in less than a month, there is no secret sauce. Its just a imaging data base via web.
And a real Global Patient Portal would need to have a Global Master patient index that would allow searches and filings based on a matching algo that MMRF does not possess.
An 88k savings in expenses would more than double quarterly earnings, as long as they don't dilutes shares again.
Down another 6% today, buy on the dips!!
LOAD THE BOAT!!!
The first rule of negotiation is always start with "NO"
MMRF disables user comments on their Facebook page....
Hmmmm wonder why?!?!
MMRF down less than 5% for the week, so that's a good week right?
And yes they settled with someone you don't care about.
Here is how the settlement with RL will go next week:
Walgreens: We will give you $100,000 to settle
RL: Nonsense, our portfolio is worth 1.2B according to someone we paid to say that!
Walgreens: How much was your plane ticket to get here?
RL: $572
Walgreens: That's like 16,000 shares of your company right? And next month it will be 32k shares so do yourself a favor and take the offer before we break your company with legal expenses.
RL: Can I have a month to consider your offer?
Walgreens: Sure take your time
Back at MMRF camp RL issues the following PR:
"Walgreens in continuing settlement talks with MMRF. Substantial settlement seems likely and costly trial will be avoided"
They must have money, everyone settles with them:
http://www.acaciaresearch.com/pressreleases.htm
If only MMRF had some money.
They get patents and they dilute stock.
If they owned the Happy Birthday song they would actually have revenue.
Happy Dilution to you....
Happy Dilution to you....
Happy Dilution dear stockholders...
We are out of mon-ey
Blow out the candles.....
No don't they turned the power of yesterday.
The only people getting "retooled" are the shareholders.
Down another 12.5% for the last 5 trading days!!
Oh look another patent.
Oh look everyone ready to go to trial with MMRF
Oh look lawyers paid with stock
Oh look more stock issued.
Keep buying!!!
Yes GO GO You are only down 19% for the week!!
You know explosions are bad right?
Here comes the pump!!!
Down another 15% in the last 5 days!
Buy on the dips!! load the boat!!!
Its only down 48% in the last month!! Down 41% in the last 90 days!!
Get in there and buy buy bye!!
Hhehehehhe
Whoa! That's a lot of stock almost $2800 worth (well less this morning!!)
Buy the dips and load the boat!!!
Coin toss chance?
That would be 50/50.
It's not nearly that good a chance!
Buy the dips and load the boat before you miss the bus!
Yes just need one piece of good news!!
Buy the dips and load the boat before you miss the bus!
That was an awesome video thanks!!
LOL
Buy the dips and load the boat before you miss the bus!
MMRF down 42% since last week
Another 15% dip in after hours trading
Yes buy on the dips!!
It dove down another 15% after hours so 18% today plus another 27% since last weds.
42% in a week is officially a dip!!
BUY BUY BUY
Like I said by Friday you will be able to get a million shares for $5k
Today is another great day to add more!!!
BUY BUY BUY!!! Almost to 0.02 no where to go but....
Wait a few more days and you'll be able to get a million shares for $5,000
So what questions will all you stockholders have for Bob almighty during the call?
A ski slope is also called a run, so yes a big run (downhill) is coming
25% of MMRF value lost in 3 days.
BUY BUY BUY........BYE!!
You would be too if you had to pay almost nothing to do the deal.
Keep adding, your price is getting better every day!
Soon it will be nearly free!!