I would be much more impressed, if he bought shares on the open market.

buy exercising the warrants he is just adding more shares to the commons and further diluting the price.

Like I said earlier, how about a cash infusion, where he buys x number of shares on the open market with real money and in turn cancels those shares reducing the number of authorized shares.

That would CREATE VALUE!

Then again just the fact that he bought say 5 million shares($300,000) on the open market would be a HUGE confidence boost for the stock.

Lets create some intrinsic value versus time value.

How about it Bob

Especially when you make 40,000 dollars a month , besides that, im sure its some type of tax strategy to convert the warrant into common while the strike price is higher than the share price. Now when he sells those shares the tax implications will be greatly reduced. JMHO

Time will tell

Whatever the reason, the trend has NOT been our friend!

Somebody is probably in yoga class right now wishing the bad spirits away, how about selling the yoga instructor a couple mmr pros instead.


How about a share buyback -put your money where your mouth is and buy 50 million shares and have them destroyed!

A little thank you to all of us loyal longs that have watched our investments tank over the last 2 years.

Oh , and good morning MMRF!

Although its helpful, I dont think its 100% accurate.
Cuming Microwave is the parent company of two affiliates, which are both cuming companies and owned by the cuming family.

This particular certification belongs to cuming microwave which is actually right across the street from our cuming, (hey can we borrow that for a minute)they also own and operate cuming lehman as a sister company as well.(link below)


Cuming Corporation is our sister company, located directly across the street from us in the Avon Industrial Park. Cuming Corp is a world leader in the manufacture of syntactic foams and buoyancy modules used in deep-sea oil exploration rigs and ocean floor oil production. We are two separate companies with common ownership. We share a common headquarters building, and use each other’s machine shops, R&D facilities, and have ongoing informal technical interchanges about materials engineering challenges.

http://www.cumingmw.com/About%20Us/affiliates.html

Maybe this will help

http://www.cumingmw.com/pdf/ISO9001%20&%20AS9100%20Certs.pdf

T-I'm not panicking and I'm not concerned about the company growing.
I'm concerned about the stagnating shareprice of a broken stock.

I'm here as an investor, to make money. Not be friends with Bob or hear his life story.

As an investor, along with future investors. I want a reason that I should invest.

Looking at the STOCK performance, there is NO reason.

Fundamentally speaking , yes there are many reasons to invest. In order for those reasons to transpire into revenue and reality, Bob needs to be held accountable and all these Irons in the fire need to become a reality. JMHO

If cuming and flotation are sister companies this should eliminate the need for any middleman as flotation meets both requirements.


sister company
Definition
A company which is owned by the same parent company as another company. One parent company can have one or many subsidiaries, which all are sister companies to each other.

Flotation tech--, the company's quality system is registered to ISO 9001:2008 for the design

Flotation Technologies receives registered supplier status from Petróleo Brasileiro S.A. (Petrobras)

I see how it is, now it really doesnt matter where he said it or when. I have worked hard all my life too and sometimes you suck lemons and other times diamonds come from coal.

No matter how you slice it , whether your a billionare or live paycheck to paycheck or now a days are just glad to have a job period. You , me, the entire world has to be ACCOUNTABLE.

THATS WHAT THIS IS TRULY ABOUT, ACCOUNTABILITY. My grandfather told me a long time ago, never trust anyone. People trusted Bernie Madoff and many others throughout time and look what it got them.

Dont be so star struck by Bob and remember many of the shares he recieved were granted to him.

H e can sing praises and tell us all day long about all the good he is doing, but one fact remains.

The stock is NOT performing and quite frankly thats all I really care about.

I'm not alone either, you seriously think investors are going to swoop in and buy this stock or make some long term investment at .06. Legally most institutions can not even touch an investment like this until its over 1 dollar.

We have tons of potential , but lets also be realistic.

I guess we sit and wait and continue to be patient(if i had a nickel everytime i heard that phrase) and hope Bob means what he says.

I said to tell me at what point did he offer prayer and thoughts?!?!?!


OH YEAH , IT WAS AFTERRRRRRRRRRRR ALL THE GOOD STUFF ABOUT HIMSELF!






Posted by Robert Lorsch

Today is my birthday. And “Earthquakes,” specifically earthquake preparedness, mean a lot to me. When I started thinking about what I would write in this blog, I never thought that I would be watching the devastating pictures coming from Japan after their 8.9 magnitude earthquake yesterday.

Earthquake preparedness is a very personal subject to me, having lived first-hand through the California earthquake in 1994. In fact, Joe Barbera, co-Founder of Hanna-Barbera, Dan Slusser, former COO of Universal, and I chaired the California State Earthquake Preparedness Committee during the Reagan Administration. Yogi Bear was our Earthquake Preparedness Bear and Spokesbear.

I was awarded the prestigious “C” Flag Private Sector Initiative from the White House by President Reagan for raising millions of dollars for state and local earthquake preparedness education. I then spent more than ten years serving on Los Angeles City and County earthquake preparedness committees.

I also received a string of awards from the City and County of Los Angeles, the State of California, and the Federal Emergency Management Agency (FEMA).These efforts resulted in MMRGlobal receiving a special award from President Bush and the Small Business Administration in 2006 for deployment of the most comprehensive turnkey personal health record and disaster preparedness document management and communications system available today.

I spent weeks in Japan working with the Japanese on preparedness safety as an expert and guest of that nation. Kira and I and all the team at MMR send their thoughts and prayers to the people of Japan.

The point in all of this is that, although greatness is never achieved overnight and noone is expecting some miracle TO suddenly happen(obviously). You have Shareholders, but for worldly purposes, lets call them investors. Investors are either your best friend or your worst enemy , because we want results yesterday.

We dont want feel good stories or to remenisce about the good old days , we dont want war stories about how things used to be or fantasies about what will become.

We want one thing -TO MAKE MONEY! when that doesnt happen we become discontent and unhappy.

I dont need to hear his life stories, or his undying love for kira, I dont need know all about his philanthropic ways -I dont need to hear about elton john or how many steps he takes to get to his yoga class. What I need is to see results (sales) MONEY (REVENUE) CONTRACTS RESULTS RESULTS RESULTS.

ALL ELSE IS IRRELEVANT !

MAKE THIS COMPANY MAKE MONEY!!

AND MAKE THE STOCK PRICE GO UP!!

If he can do those two things --THEN HE SUCEDES IN THE EYE OF THE INVESTOR!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!

Here is Bobs own words and his amended new years resolution--

He has in his own words acknowledged that he is failing and needs to improve.

It's time to think outside of the box in an even bigger way, to step up and lead , to be the ceo the shareholders need.

We are coming into a challenging time in this market, one where every dog will be searching for that bone.

WHAT WILL OUR FEARLESS LEADER DO ? How will we stand out?

what compromise will we make to achieve that greatness??????????

The Only Thing That Shatters Dreams Is Compromising with Greatness
Posted by Robert Lorsch | Filed under Uncategorized

The other night I spent the evening with Rob Reiner, David Geffen, Barbara Streisand, California former Governor, Gray Davis, and the other luminaries at Ron Burkle’s Green Acres Estate. I sat next to Adam Lambert (my favorite American Idol) and was entertained in a private concert by Elton John for nearly 90 minutes. The event, which raised more than three million dollars, was in honor of The American Foundation For Equal Rights, specifically in support of gay and lesbian marriage.
As I sat listening to Elton for more than an hour, it was the closest I could get to the 3rd Out of Body experience I can remember in my life. It was one of those nights where I was able to truly reflect on all that is going on around me and where I sit regarding my dreams for MMRGlobal. As I looked around I saw the true movers, shakers and captains of industry. I saw no one in this sea of billionaires that “compromised”.
As I sat and reflected, I soaked in the sounds of the evening and it was clear in contrast that I am not happy with the time it is taking to bring the same feeling of greatness to MMR. My being there felt like a natural part of the process of seeking greatness for a Company for at least the second time around. Ironically, Ron Burkle had been a big part of my life the first time around when I led a group to purchase a Company from him and then took it public on the Nasdaq. I realized I should have MMR playing in his size playground rather than mine.
Clearly nothing comes easy, and by being satisfied with anything less than greatness was a compromise I was creating. After all when you play on the lawn of the White House and you have billions of dollars in the bank, life is easier.
In the next 5 weeks I will do a road show in Boston, expand our relationships in China, attend Kodak’s Americas Region Kick Off Meeting in Orlando, attend meetings in New York with Chartis, Verizon and others and spend time on presentations to begin selling MMR’s Personal Health Record for clinical trial usage. I will then come back to Los Angeles for 3 days before I turn right around and travel back to Orlando for HIMMS. At HIMMS, I will spend a day participating in meetings with all our strategic partners, including a planned meeting with Unis and Lucent. In the process, I will also plan the details of investor road shows in Chicago, Philadelphia and Washington DC.
Meanwhile, The RHL Group (www.rhlgroup.com) is working on a possible acquisition of a billion dollar Company, which ultimately could benefit The RHL Group investment portfolio, which includes MMR.
I guess this means my “amended” New Year’s resolutions are to think and live like a “happy billionaire” on my[/] way to being one. Try it with me. Coming from abundance is simply a better, happier, healthier way to live your life. By enjoying the now, when we get there, we will have enjoyed the journey, not just the destination, by visualizing the greatness I want for MMR, it’s employees, vendors and shareholders.
--------------------------------------------------------------
YOU CANT VISUALIZE GREATNESS BOB--YOU HAVE TO BECOME GREATNESS TO ACHIEVE GREATNESS

-----------------------------------------------------------------

Now I will take a break for an hour of Yoga, meet one of our larger investors at his home and get back to the office for a day of having fun and making money. I hope you’ll join me.
Robert H. “Bob” Lorsch, CEO, MMRGlobal
4401 Wilshire Blvd., 2nd Floor Los Angeles, CA 90010, Phone 310-476-7002
www.mmrtheatre.com
Follow me on Twitter at phremrguru

And ............ I acknowledged that- It's also not just a blog-ITS HIS BLOG ON "OUR" MMRGLOBAL WEBSITE. Which makes it an official company blog and a shareholder matter.

Quote----He did a TOBY and just wanted to talk about me- me- me, ok great, its his birthday and he has accomplished some great stuff in his life and its his blog and he can say whatever he wants, he has that right.

Thanks , and I salute you as well!

My objective here, is not to whine or cry , be a basher or a drama queen.

My objective is to hold a CEO accountable, and for once ask that instead of telling us all how great you are. Show us what greatness is.

A true leader always leads by example, gives respect before asking for it and makes many sacrifices at his/her own expense.

I want Bob to LEAD this stock and this company to greatness.

Yes, we have something special here, something that could help an entire world of people rebuild their lives in any kind of tradgedy.

I have seen blood in the streets, witnessed it first hand, and would tell anyone I would never wish the hell that these people are enduring on anyone.

As I said MMR has a unique product that can help survivors of these calamities better weather their personal storms.

I ask that we focus our company strategys on just that "the people" of this world.

We need a leader Bob, someone that will step up and take this to the next level. Bob has many great qualities and has without a doubt achieved some great stuff in his life.

I will say that i admire that and respect you for what you have done.

I challenge you to become a leader not just a ceo. Then ask yourself,what will you do to achieve greatness not for yourself, but the people you lead.

My heart goes out to the people of Japan and all the others that were affected by this calamity.

Reread the post and tell me at what point did he offer prayer and thoughts to the people?

He did a TOBY and just wanted to talk about me- me- me, ok great, its his birthday and he has accomplished some great stuff in his life and its his blog and he can say whatever he wants, he has that right.

We all like to be the center of attention at times, its human nature. But it seems Bob is always wanting to tout his accomplisments and let everyone know all the great stuff he has done.

Lets try making all your shareholders feel special and start selling products that increase revenue and value!

I will say kudos for for the 100% contribution of new accounts going to Japan, the rest in my opinion is a bunch of HOT AIR.


Bob Lorsch's Blog post today:

event is subjective; it’s not what it means that matters, but what it means to you.

Posted by Robert Lorsch

Today is my birthday. And “Earthquakes,” specifically earthquake preparedness, mean a lot to me. When I started thinking about what I would write in this blog, I never thought that I would be watching the devastating pictures coming from Japan after their 8.9 magnitude earthquake yesterday.

Earthquake preparedness is a very personal subject to me, having lived first-hand through the California earthquake in 1994. In fact, Joe Barbera, co-Founder of Hanna-Barbera, Dan Slusser, former COO of Universal, and I chaired the California State Earthquake Preparedness Committee during the Reagan Administration. Yogi Bear was our Earthquake Preparedness Bear and Spokesbear.

I was awarded the prestigious “C” Flag Private Sector Initiative from the White House by President Reagan for raising millions of dollars for state and local earthquake preparedness education. I then spent more than ten years serving on Los Angeles City and County earthquake preparedness committees.

I also received a string of awards from the City and County of Los Angeles, the State of California, and the Federal Emergency Management Agency (FEMA).These efforts resulted in MMRGlobal receiving a special award from President Bush and the Small Business Administration in 2006 for deployment of the most comprehensive turnkey personal health record and disaster preparedness document management and communications system available today.

I spent weeks in Japan working with the Japanese on preparedness safety as an expert and guest of that nation. Kira and I and all the team at MMR send their thoughts and prayers to the people of Japan.

Birthdays for me are also a time to reflect on where I am at this moment, where I’ve been in the last 12 months, and what I’ve learned so far on Planet Earth.

The most obvious lesson is that the people who are happiest do what they want to do. First, it took a long time, but I am blessed with a great relationship with my wife, Kira. She is very patient and loving. I know I constantly push the boundaries of our relationship with my workaholic behavior and I thank her for her support and understanding on behalf of all the stakeholders in MMRGlobal, MMRF.

Hard work is something I grew up with as a family mantra. And hard work and patience is what MMRGlobal is all about. As the Company’s Chairman and CEO, I get up every day thinking about creating value for my nearly eighty million share equity stake into a future for our shareholders, vendors, employees, Kira and I.

Next week, Kira and I are back to the east coast for the third time in a month. We will start with more meetings in Basking Ridge, New Jersey, and arrive in Washington D.C. on the 21st.

In Washington, we will join in honoring George H. W. Bush, our 41st president, along with three other of our living presidents; Honorary Chair, George W. Bush, Jimmy Carter and Bill Clinton, at the Points of Light Institute’s celebration of George H. W. Bush’s contribution to the modern day voluntary service movement. Volunteerism takes on a special meaning today since “Volunteers” will be the ones on the front line feeding and sheltering those who lost their homes and, most important, leading the rescue efforts to save lives.

Kira and I are proud to be part of the Tribute Committee for this prestigious event, taking place at the Kennedy Center for the Performing Arts, which will feature Garth Brooks, Sheryl Crow, Cee Lo Green, Reba McEntire, Sam Moore, Brad Paisley, Kid Rock, Darius Rucker, and Carrie Underwood. You can watch this very special show on NBC, March 28th, at 8:00 EST.

While in Washington, I will, of course, combine this trip with sales calls, a government relations tour, and meetings with potential investors on behalf of MMR.

Most of my “adult” birthdays have been spent as fundraisers to benefit my Charitable Foundation, “The Robert H. Lorsch Foundation Trust.” In fact, we have celebrated at The Robert H. Lorsch Family Pavilion, located at The California Science Center, with as many as 2,400 people, where, in one year, we managed to raise nearly one million dollars, thanks in great part to a very generous sponsorship from Verizon.

As I reflect on the memories of my past years, I think about some very special birthdays. If I could celebrate my birthday with all of you, I would simply ask that you honor the day by “giving” gifts to any emergency disaster agency for relief in Japan or The RHL Foundation Trust at 1158 26th Street, Suite 521, Santa Monica Ca. 90403. . Any tax-deductable contribution to the trust will go 100% to disaster relief in Japan.

In the alternative, you can give to disaster relief in Japan and your family at the same time. Go to www.myesafedepositbox.com or www.mymedicalrecords.com now and sign up for an account. One hundred percent of this month’s revenue from your new account will go to disaster relief in Japan.

Celebrate something today, I surely will. It will mean something special to you.

Robert H. “Bob” Lorsch, CEO, MMRGlobal

4401 Wilshire Blvd., 2nd Floor, Los Angeles, CA 90077, Tel. 310-476-7002

www.mmrglobal.com

Follow me on Twitter at PHREMRGURU

Not sure what kind of a response you want from me, but i'm not really impressed.

I have 29 meritorious masts ,numerous achivement awards and certificates,10 ribbons and medals,I lead 13 platoons to qualify at 100% on the rifle range and blah blah blah- my birthday was Jan 2.

I'm glad you did all these things Bob,here is your proverbial pat on the back from me.

Lets start selling MMR PRO and increase revenues then you can tell me all the bed time stories you want.

Like they say in Hollywood-------------------ITS SHOWTIME!!!!!!

He may have never sold a single share, its an "INTENT" to sell

More than anything , Im letting off steam. But when I bought this stock(a long time ago) i paid more for it then than its worth today.

Yet today there are more positives in this company than one could shake a stick at.

Things were progressing beautifully (yes some was hype) until a certain deal was made.

Even though noone wants to hear it, the deal with duchess has been a killer of the stock and has severely eroded investor confidence.

What is the solution to the problem? Is it being addressed or looked into? Or is it being blatently ignored?

Does Bob care? or is he just convinced he is right and we are wrong?


Yes, one could just sit idle and say 10 years from now we will all be laughing to the bank.

But the fact is we could all be crying after we catch the wind that was knocked out of us by being kicked in the nuts as well.

I'm simply saying, if he truly cares , he would take the time to see if this was truly beneficial to the shareholders

No, I dont need to chill out. A ceo of a public company has a responsibility to his SHAREHOLDERS. You dont get to make choices that can adversely affect and compromise the integrity of the company without weighing the consequences. When the actions of your consequences cause undue stress and harm, it is then time to reweigh what choices you have made. Bob Lorsch has a fiscal responsibility to each and everyone of us, we are his shareholders. We each own a piece of this company . It is in all of our best interest for MMRF to succeed, but when that plan is miserably failing to produce results, and the shareprice continues to dwindle. Dont blame me when you start seeing more and more shareholders closing out their accounts as confidence levels continue to drop. Meanwhile you will still be saying buy more cheapies.

I'll be there EZ - Im not a coward or afraid to ask Bob anything -but just because you ask does that mean you get the right answer?!??!?? I can sit here all day and tell you WHAT YOU WANT TO HEAR.

In the meantime this STOCK is becoming a big fat P.O.S.

Do i believe in the company? YES

The company and the stock are two different entitys

So instead of of supporting your shareholders and building confidence amongst them. You break them down into scum of the earth and mold them all into mini -bobs. Yeah, I did that in the marine corps for a living, i think we called it BRAINWASHING. But here in the real world, im not willing to watch my real dollars shrink more and more each day. Meanwhile everything else is going up, from gas to milk and food while wages continue to shrink. We are talking about real people here, we are not all Bob lorschs with million dollar bank accounts and friends on the lifestyles of the rich and famous. I dont know about you but i have a family that likes to eat and like most people i cant afford to watch my investment just ROT AWAY DAY IN AND DAY OUT , because some bull headed ceo thinks he knows best and never asked the over 3000 shareholders what they thought. JMHO

Well if Bob would swallow his pride and believe in his shareholders, all he has to do is write a letter of termination to duchess and we cut the cord. That alone would make me purchase a large sum of shares "RIGHT NOW"!

People need to take off the rose colored glasses and see this for what it is "RIGHT NOW"!

If positive changes dont start happening or to put it bluntly , the chokehold around the MMRF neck isnt loosened. We (the shareholders) are going to stop breathing or to be blunt once again (DIE)!

Three D's if something doesnt change

DUCHESS- DOOM- DILUTION

I believe that at anytime without shareholder approval, Bob may submit a put notice to duchess for the money. In return, mmrf has to submit up to 100 million shares of common stock.

Currently, we have some 226 million shares outstanding, with the 100 million being held in reserve.

The 100 million are not registered and are being held in case the funds are requested. At anytime Bob can request any or all funds be delivered.

My question is, where does duchess get the 8 million dollars by selling mmrf stock for a 5 day period?

Dont you think they are covering their azz in case mmrf did request the funds?

Wouldnt it make sense for duchess to be buying shares now, there are no restrictions saying that they couldnt have shorted the stock , depressed the price and are now a buyer of the depressed and discouraged shareholders who have watched the shareprice dwindle.

They could secretly be buying up the float, and then all of a sudden Bob hands over a 100 million more shares because we are strapped for cash.

In the end duchess made money shorting us, more money by buying all the shares they could at depressed prices and even more money when they resell those 100 million shares plus any other shares they have aqquired. If they in a sense controlled the majority of shares they could easily control the price of the stock on any given day -by acting as bid and ask.

I personally think we should throw this deal in the crapper and find something that ALL shareholders find favorable. Something that will build SHAREHOLDERS confidence and promote BUYING.

We can all hold hands and sing kum by yah and dream about the future , but for how long?

The best part is , when you raise investor/ shareholder confidence more people will buy which in turn will raise the shareprice , which in turn will give the company the working capitol it needs.

If the prices continue to depress themselves and they are. We will have no choice but to start utilizing the duchess deal, almost as if duchess orchestrated the entire ordeal.

One last question , Is duchess in business to help people or make money?

We need to keep building value and find some ACCREDITED investors,I truly believe if some kind of change doesnt happen we will eventually commit a self fullfilling suicide--JMHO

SOUNDS SIMPLE ENOUGH--

SECTION 9. TERMINATION. This Agreement shall terminate upon any of the following events:

(I) when the Investor has purchased an aggregate of Eight Million dollars ($8,000,000) in the Common Stock of the Company pursuant to this Agreement; or,

(II) on the date which is sixty (60) months after the Effective Date of the initial Registration Statement; or,

(III) upon written notice of the Company to the Investor.

Any and all shares, or penalties, if any, due under this Agreement shall be immediately payable and due upon termination of this Agreement.

Our management intends to continue to utilize our available line of credit with The RHL Group (see Note 3), if necessary to address our
uncertainty to continue as a going concern. At September 30, 2010, we had approximately $2,000,000 remaining as available under The RHL
Group line of credit. Furthermore, we already began and plan to continue to utilize portions of our $10 million standby equity line facility with
Dutchess Opportunity Fund, II, L.P. Additionally, we plan to continue to sell additional debt and equity securities, continue to settle our existing
liabilities through issuance of equity securities, explore other debt financing arrangements, continue to increase our existing subscriber and
affiliate customer base and sell MMRPro products to obtain additional cash flow over the next twelve months. We cannot assure you that funds
from these sources will be available when needed or, if available, will be on terms favorable to us or to our stockholders. If we raise additional
funds by issuing equity securities, the percentage ownership of our stockholders will be reduced, stockholders may experience additional dilution
or such equity securities may provide for rights, preferences or privileges senior to those of the holders of our common stock.

I agree, especially after all the trouble we went through to take the company public. With all the potential future events and irons in the fire, this stock is severely undervalued, but if you cant convince investors otherwise, that value is never appreciated. Time for some investor awareness, higher prices mean less dependability on outside $$ , a more liquid stock and shareholder confidence which leads to more buying. complete the circle Bob.


If you had 10,000 pounds of meat in a freezer and the freezer broke, would you get it fixed ?

I blame the tainted exchange more than anything. The laughable price is something that can be fixed if...... We start selling our #1 product MMR PRO . It's that simple, no smoke and mirrors, just good old fashion revenue! Let's be realistic , all games aside, they are a young growing company looking for their niche(maybe to hard) but IMO with mmr pro on the streets the turnaround can begin. Having some irons in the fire never hurts , but focusing on what you know usually provides the best resuls and right now we need results.

We still dont know any of the details, its like they say-i'll believe it when i see it.

It wasnt an IPO -the ipo market was frozen-so they did a reverse merger and turned favrille into mmr

Favrille Plans Reverse Merger with MyMedicalRecords.com
Posted October 28, 2008 3:00PM PST
Favrille Inc., a failed San Diego drug developer, said it signed a non-binding term sheet for a reverse merger with MyMedicalRecords.com, a provider of web-based storage for important documents such as medical records and living wills.

The deal calls for Favrille to exchange 64% of its stock for all the shares in MyMedicalRecords. Favrille shareholders would retain a 29% stake in the merged company. About 7% of its shares would go to creditors to settle some debts.

Favrille, which had focused on treatments for cancer and immune diseases, was dropped from the Nasdaq Global Market in September after its shareholder equity fell below the exchange's minimum requirement. Favrille currently trades around 4 cents on the Bulletin Board.

Favrille had previously discontinued development of its lead product for treatment of lymphoma and let go nearly all its employees and executives.

and here i thought Bob told you everything

They never bought favrille for any type of assets it was just a way to take mmr public. Now they find that favrille's so called assets may have value (keyword--MAY) and they want to make the favrille part of the company a seperate entity so as not to confuse future investors. Why is this so hard?

For those under the rock,

MyMedicalRecords defies IPO freeze with Favrille merger
December 29, 2008 | Camille RickettsAdd a Comment
MyMedicalRecords.com has seemingly achieved the impossible in a frozen IPO market that has been especially cruel to health care startups: It will go public through a merger with large pharmaceutical firm Favrille, extending its reach and amplifying its brand. The Los Angeles company provides secure online access to medical records for patients, physicians, employers and insurance companies.

Under the deal, MMR will become a subsidiary of Favrille, with existing shareholders getting 64 percent of the company and Favrille shareholders 29 percent; the remaining 7 percent will be split among creditors to settle outstanding debts. Favrille also granted MMR $500,000 in bridge funding to keep operations going until the agreement is finalized at the end of January.

Previously, MMR had raised $10 million from undisclosed investors and planned to bring in an additional $20 million through institutional fundraising.

Have you seen that commercial for geico about living under a rock?

If we were blogging on facebook, I would click "like" for this post --lol-bff


Start selling MMR PRO $$$$$$$$$$$$$$$$$

Nice little chunk of change for "managing"

8 K OUT






SECTION 1 – Registrant’s Business and Operations

ITEM 1.01 – Entry into a Material Definitive Agreement.

On December 31, 2010, Deep Down, Inc., a Nevada corporation (“Deep Down”) and Cuming Flotation Technologies, LLC, a Delaware limited liability company (“CFT”) entered into a Management Services Agreement, to be effective as of January 1, 2011, by and among Deep Down and CFT (the “Management Services Agreement”), pursuant to which Deep Down will provide CFT with the services of certain of its officers and management personnel.

On March 3, 2011, Deep Down entered into Amendment No. 1 to the Management Services Agreement (the “First Amendment”), dated effective as of March 1, 2011. The key purposes of entering into the First Amendment are to (i) alter the minimum monthly fee to be paid to Deep Down by CFT due partly to a change in the staffing levels for services and personnel provided by Deep Down to CFT, (ii) modify the procedures for requesting and agreeing on additional services, and (iii) amend the invoicing and payment procedures for such services.

The foregoing description of the First Amendment is qualified in its entirety by reference to the full text of the agreement, a copy of which is attached hereto as Exhibit 10.1, and is incorporated herein by reference.

SECTION 9 – Financial Statements and Exhibits

ITEM 9.01 – Financial Statements and Exhibits.

(d) Exhibits

10.1* First Amendment to Management Services Agreement, dated effective as of March 1, 2011, by and among Deep Down, Inc. and Cuming Flotation Technologies, LLC.

* Filed or furnished herewith.


2


SIGNATURES

Pursuant to the requirements of the Securities Exchange Act of 1934, the Registrant has duly caused this report to be signed on its behalf by the undersigned thereunto duly authorized.



DEEP DOWN, INC.


Date: March 8, 2011
By:
/s/ Ronald E. Smith


Ronald E. Smith


President and Chief Executive Officer

Tell him I said... start selling mmr pro!! All this other stuff is a bunch of hot air right now, we have a prouduct that works and is available RIGHT NOW. We need to start selling what we have and stop the champagne wishes and caviar dreams bullcrap. SELL MMRPRO BOB!

Or was it a way of saying the investors road show was a flop?


"Additionally, potential partners interested in our MyMedicalRecords Personal Health Record and document management business, who might be interested in investment or other strategic relationships with MMR, find it complicated to deal with the biotech component of our business with their management and boards. Separating the two distinct business opportunities allows us to maximize the potential of both," Lorsch added.