Retired and just enjoying the ride with MDW (Midway Gold)
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As soon as we show substantial earnings in the coming quarters I suspect we will get bought out by Kodak, Unis, Lucent or any number of companys...I hope not!!...sure would like to enjoy the trip w/Bob thru coming years!!....but if he gets offer of 3-4 dollars a share he would probably sale....of course that would not be too bad for us longs either!!...excuse me....Nurse is coming around with my medications now!! LOL
I think the real wild card is if Celgene hits any of the milestones which will indicate that positive info is contained in the favrille research....with the patents protecting this info MMRF may will get an offer of exclusive rights to Celgene with royalty rights if any product goes to market!!...that scenario would sure give this company a lot of cash!!..keep our fingers crossed! besides Chartis I sure hope China appears on the scene this year!!....Wish Bob would let us know how thats progressing!!
The best IR Firms that I have seen are called "Financials" and so we suffer on our pps....but this will change this year!!...I am sure Bob knows this!...but you got to give Bob credit for trying!!...who knows?...maybe something will happen yet!
and I hope all those future weeks indicate a very profitable year for MMRF as this year will certainly indicate the health of this company...I am hoping too...yet confident in the outcome!!
Its on our intro message board!!....pretty dumb of me...oh well! I need another cup of coffee....
Watch MMR Information Systems'
Finalist Presentation Video
on YouTube
MMR Information Systems, Inc.
Robert Lorsch, CEO
MyMedicalRecords.com is the first web-based PHR that is 100% patient-centric and designed to help health consumers manage personal health information from any provider they are seeing. When they enroll in the service, users receive a personal telephone number (either toll-free or fax). Providers can use this number to fax records directly into the user’s account and then file records using a comprehensive document management system, as well as share records with other providers by printing or fax-forwarding them over the Internet. In addition, it allows users to maintain a complete and accurate listing of prescriptions using the Cerner/Multum drug database as the backbone.
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2008 ABBY AWARD FINALISTS
Pretty cool! Bob was a finalist with our company!!...I will try and get link to u-tube...not confident I can but will try!!
Contrary to your thinking true investors DO share the CEO's goals and that is why they invest..You on the other hand are a day trader with short term goals of quick profits but I doubt if you will be able to say "Scalped some MMRF too because of No Brainers" as you have on this post of yours dated 2/3/11..Good luck to your trading but you will not scalp investors on this board!! just sharing my ideas....Tiffer ..........conix Share Thursday, February 03, 2011 1:55:55 PM
Re: SuperSquirrel post# 8654 Post # of 8660
I got into BLTI when you mentioned it here. I am also have traded and back in again IWEB and CTYX. Got a 300% hit in CTYX, actually and just bought more yesterday at .0095
Scalped some WNRC too because of No Brainers.
Almost got in DKAM. Waiting for volume in CTTC.
Good to share ideas.
GL, Rocky. Say
You could not be more wrong!!...As I have said in a previous post I will follow the advice from Warren Buffetts book and stay with a company that I understand and more importantly a CEO that is passionate about saling his product(s)...That is what Warren Buffett looked for in start up companys and that is what I think I have found!! I thought I had been very smart years ago when I sold my stock in AOL before it had 7 splits...I would have been a multimillionaire!!....No I will be with this stock for years and you are not a mind reader as you sure do not know my goals.....Of course its none of your business anyway(only mine)
Bobs goal of being a billionaire is only going to be accomplished by the stock he owns in this company!!..He is going to do it no matter what!!....I really believe Chartis and especially China will put us there but will take a couple of years!!
MMR will sign an Agreement with Kodak to manufacture MMRPro systems
with a potential aggregate sales value to MMR in excess of ten million
dollars. .When Bob gets these sold they will generate more monthly income as physicians sale their patients on the PHR for themselves!! Which I think will turn out far more profits then the original 10 million made on the original sales!!...As this company sales go then the cumulative monthly income goes!!...Going to be a great year I believe..
Option awards $ $1,978,330.00 ..exactly how many shares are represented in this option award figure??...Just curious!!..Thanks..Tiffer
I just can not get a handle on why some folks talk about "Death Spiral, Getting Close To It" and still carry on about the large amount of shares they own!!! Does not equate!! Dumb as a Stump or Manipulating...one or the other!!...Maybe somebody else on this board understands it but I sure do not!!!....Tiffer
Lets not forget the 800 pound Gorillas in the room!!! RHL Group!! Chartis!! China!! and god knows what other chimps running around!!
We still had 2 million dollars of RHL financing end of last Sep. which will be used before other financing!!
You just do not seem to get it!!..Profits are going to pay employees and ongoing operations...Not Stock!!....guess you did not read Bobs post about earnings taking care of this!!...In the short term we may need a little bit of this alternative financing but watch and learn from the coming financials this year and you will see that Bob is right on the money!!
Really looking forward to Bobs post on possible acquisition of billion dollar company by RHL group which he mentioned that would directly affect MMRF...Wonder what company it is! I hope it is a EMR company...RHL group must have a lot of money on hand to do this...Mickey Mouse line of credit of 8 million dollars from duchess looks kind of miniscual ....Bob can get rid of that in a heartbeat from RHL group but will not until he sees the money rolling in!!....Bob is one sharp guy!!
Trying to protray Bob as not knowing what his alternative financing entails shows that you do not give him the credit he deserves for his past company startups, acquisitions and so on..You do not think that entails a lot of experience with alternative financing!!...You talk about investor awarness and attitude....Financial bottom line is what investors want to see and nothing else!!....Profibility will blow all erroneous concerns away!!....I can not believe that you protray yourself as being smarter then the man who has done this scenario before and continues to do so!!....This man is going to build his company and prove all dissenters wrong!! Bob has far far more experience then you do...
Bob Lorsch has more to lose then anybody on this board..A Lot More...Folks who think he is dumb enough to get in a situation where he would lose his millions invested are not giving him credit for where we are and where we are going!!...Power(stocks) will never be given .....He has never let us down yet and he sure as hell is not going to let himself down....RHL group will come thru as soon as Bob sees daylight on profibility!!...This year will show that!!....then and only then will he put more of his eggs in the basket!!
Use your head!!...Go to Utah...Become a mormon...Have 8 wives..Put them all to work and buy more MMRF stock!!....LOL...Just throwing that up in the air for ya....
When Chartis international get on board in March there is going to be a HUGH rampup of earnings....pps should follow!! Many millions coming on board this year...Bob may beat his 2014 forecast!!....I believe he will!!!
Yes...probably confidentiallity agreement until "signed..sealed..delivered"....Got a little worried about Ruby...glad she is well!!
Our news today should make people excited!!I am!!!Go to MMRF and read news releases!!....Tiffer
News release just came out!!!!
Cumulative wealth is the key to our company.. and patience and cumulative wealth go hand in hand..Bob posted in the past that by 2014 MMRF would have millions carrying MMRF cards in his.hers wallets..purses.....He knows what it takes to slowly ramp up quarter to quarter to make his company a success!!...I have no doubt whatsoever that his business plan is working as we can see quarter by quarter and accelerating in future quarters!!...Investors who do not have patience should not be in this stock as it takes time to build a successful company from scratch....Bob has things well in hand...I will still be here in 2014...I Hope a lot of the longs are here too...It is going to be an exciting journey and profitable!!!....Tiffer
Most Avon reps are tied to their individual customers with the internet...They could paste internet special offer from MMRF on correspondence to their customers with special code giving them X amount off by subscribing to Lockbox and PHR access!! and that code(different codes for all Avon reps & parent company to guarantee 1 time generous commission)would take them to site explaining all of the benefits that Avon MMRF offers!! Sharper Image (health product company) does it thru Avon pamphlets and we could do so also!!.....Direct individual accounts are a real cumulative money maker for MMRF....We need it!..I sure wish Bob would bring his expertise to direct marketing like he has in the past!!..with any direct marketing organization for that matter...Avon is not the only direct marketing company out there!!....Oh well, just throwing this up in the air for the hell of it!!......Tiffer
I can well envision all the drug companys watching on the sidelines and seeing what Celgene does with the non-exclusive agreement they have with our bio assets!! When and if we ever reach the first milestone then because they realize Celgene has something positive they may also want to get on the wagon..or Celgene might want to just buy the entire patent porfolio with future profit sharing to MMRF of course...I am sure they would want exclusive deal then!...One can only hope! I wonder how the salesmen who graduated from our MMRF school are doing saleing?? have not heard a peep out of that yet!....also wonder why we do not see positive video on MMRF site of satisfied doctors! Alexian Brothers? ,,individual doctors??...I remember Bob said Kodak wanted that for their 800 salesmen to show potential customers!! Nothing yet from that area!...I suppose all this will come out this year...
Financials rule!..Always have and always will..All I care about..clouds with no rain(power) mean nothing!!
Lets get back to the basics...future financials and the bottom line are what makes pps move....Period!!
Duchess can stay forever as long as Bob does not utilize the financing...as of end of sep. last year only a little over 1 million shares were given up of 100 million authorized!!...Why is everybody getting excited over about 1/100 of financing utilized??...Lets deal in the current facts and trust in Bobs good judgement instead of creating hypothetical situations that do not even exist!!...Bob would be the biggest loser and I am sure he will avoid any pitfalls that would jeopardize the many millions he has invested!! Lets get real without the Doom&Gloom scenarios ....deal in facts not junk talk!!
We sure need those coming profits!! Thanks for info...
I am sure glad we are more profitable month to month...Sure need it with the expenses incurred saleing our products. At the end of sep. 30th we had issued a little over 1.2 million shares to duchess for 100,000+ dollars! Hope thats all!!...Tiffer..... We have incurred net losses of $16,014,391 and $6,779,635 for the nine months ended September 30, 2010 and 2009, respectively. At the current level of borrowing, we require cash of $275,000 per year to service our debt. Furthermore, not including debt service, in order to continue operating our business, we use an average of $265,000 in cash per month, or $3.2 million per year. At this rate of cash burn, over the next twelve months, our existing current assets will sustain our business for approximately five months.
In addition to the above cash burn from operations, we will be required to obtain additional financing in order to meet the obligations for installment payments of $621,000 under the Creditor Plan and our obligations under the subordinated secured indebtedness to The RHL Group (which note payable had a balance of $997,703 at September 30, 2010), among other debt obligations. Such obligations are currently due and payable pursuant to the terms of the notes.
To finance our activities, we have relied on the issuance of stock and debt to the RHL Group. At September 30, 2010, we had a line of credit with The RHL Group in the amount of $3 million. Availability under this line of credit at this time is $2.0 million. Furthermore, we may utilize portions of our $10 million standby equity line facility with Dutchess Opportunity (all this info taken from 10Q)
Warren Buffett in his younger years (in fact all his life) was known as "Long Haul Buffett"....He never sold as long as he saw progress and understood the business plan of the company but mainly he placed great emphasis on the founder{s} of the company{s} belief in the company{s} product(s)....I read his book years ago and I am convinced I am with the right company with the right CEO with the right plan!!....As I have said before in a previous post I will not sale l share of my 450,000 shares until I see Bob start saleing his!!....I am and will continue to be a long term investor and keep adding stock (when I can afford it)..."Seabiscuit Bob" will take us to much higher pps..Not wishing my life away but sure can not hardly wait for last financials of 2011 to come out...gonna be a duzzy!...Tiffer
I have e-mailed this directly to MMRF ....I hope Bob responds!!...He has been very good about that in the past no matter what (sometimes dumb) questions I ask....Tiffer
Bob Lorsch; Sir, could you please give us your figures on the 500,000 signups you say we already have and hopefully 750,000 you recently forecast?...I realize that some of those signups are in "trial mode" but surly you know the average monthly dollar figure that the current signups generate at this time (annual divided by 1/12)....1,2,3,4,5,6, dollars a share?...This input from you would sure give us investors a heads up on how well you(us)are doing...Thank you for any response!!...Sid..Red Bluff, ca.(Tiffer)
You will be one happy guy by the end of this year!!...Lot of profits coming!!...
With the current monthly income from accounts receivable I really do not believe Bob needs to utilize alternative financing now...we will see!! 750,000 subscriptions at end of January(forecast) is a lot of monthly income...Will this company become "toast" because of what little alternative financing he has already utilized??...About like a flea approaching a elephant with rape on its mind!!!.....Ain't gonna happen!!...Profits will get rid of all dissention on this board by years end!!
With absolutely no news from banks, china, india, england, or any other organizations this year I believe the individual sign ups which according to Bob is 500,000 and expected (hoped) to be 750,000 at the end of January will see this company in the green in the later part of this year!! The daily cumulative sign ups are apparently significant due to the blitz of Internet advertisements that MMRF has invested in!!....Duchess will be left in the dust as the bottom line is the only inportant info for any investor!!....When institutions step in ...Watch "seabiscuit" run!...Tiffer
And hopefully May 15th will put us on everybodys "Radar!"...Wow! What a ride this year is going to be!....Tiffer
According to Bob we have 500,000 subscribers and he predicts a 50% increase by the end of this month which will make it 750,000 subscribers! If we have at this point 500,000 subscribers then that equates to $3,500,000 at a monthly income of $7 per subscriber....which of course is 42 Million a year!! I hope my math is right on this!...If the above scenario is fact then we are going to have a real winner here!....and of course 750,000 subscribers would make it $5,250,000 or 63 million a year...One can only hope this is the case!! Hugh discounts may have been given to large organization subscribers...Guess time will tell!!....Tiffer..