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amj, thank you for sharing that news, though I have hoped to hear much better. A while back I promised to fix my famous pit-cooked ribs for Greg and his wife sometime when they were visiting her home state here. I sure hope I get the chance to fulfill that promise.
Magic
Excellent post BenK, should be repeated daily by all shareholders, kinda like the Pledge of Allegiance.
Magic
MZEI conf call after close today - likely to run hard at tomorrow's open, imo.
Magic
OK, I am officially a shareholder now, so the CC tomorrow will definitely tank the shareprice.
Magic
The speculation about SEO selling 100mm shares is bogus. Long time ago he transferred all of his shares to Chrome in two separate entities, both of which he is the sole owner of.
Fact
Magic
Mark, been here for a long while, but don';t post much, just keep buying more shares. All is well here, live on high ground so the floods didn't get me. Hope you've come thru your trevails well there in music city also. I firmly believe MMRF will be a winner, the basic product is too good and too needed not to be sucessful, especially with the class of management we have. Just a matter of when it all comes together.
Magic
Then why not take your own advice and sell out here and buy GE??
I promise we won't follow you to GE's board. We'll just be here enjoying the peace.
\Magic
Yes, and I failed to get in at that level - my fault entirely. So now waiting for a retrace to low .20s to load up, which I hope to do tomorrow.
Magic
Here's a great idea for an intermediate listing step:
MikeDDKing Share Thursday, May 12, 2011 2:27:08 PM
Re: None Post # of 240903
SEC Approves Nasdaq Market for Unlisted Stocks
Posted May 10, 2011 2:21PM PST
The Securities and Exchange Commission approved a proposal by Nasdaq OMX Group to start a new national market for trading securities of companies that fail to qualify for listing on other exchanges, creating another option for small companies to the OTC Bulletin Board and OTC Markets.
The BX Venture Market is designed to allow the securities of smaller companies that are unable to meet the more rigorous listing standards of the New York Stock Exchange and Nasdaq Stock Market to list and trade on a national securities exchange.
Nasdaq OMX will operate and regulate the BX Venture Market through regulatory contracts with the Financial Industry Regulatory Authority and the NASDAQ Stock Market.
"We expect that the BX Venture Market will provide an opportunity for smaller businesses to have their securities traded in an environment that offers the potential for enhanced transparency, liquidity and regulatory oversight, which could make these companies more attractive to potential investors," SEC Chairman Mary Schapiro said today in testimony before the House Committee on Oversight and Government Reform.
"While care must be taken to ensure that less-seasoned issuers are appropriately vetted and surveilled, and that investors understand the differences between these securities and those that are listed on a traditional exchange, the prospect of trading on an exchange could facilitate the ability of smaller companies to raise capital and invest in the growth of their businesses."
To be listed on the BX Venture Market, companies must be registered under the Exchange Act and current in their periodic filings with the SEC. The companies must also have fully independent audit committees and must have independent directors make compensation decisions for executive officers.
The companies will be prohibited from taking any corporate action that would nullify, restrict, or disparately reduce shareholders' per-share voting rights.
Other requirements include that the company's auditor be registered with the Public Company Accounting Oversight Board, that the company hold an annual shareholder meeting, and that the company solicits proxies for each meeting.
You keep bringing it up, so which "two" are you referring to?
Magic
And yet you bought recently at a higher price! Not taking your own advice, don't really believe what you are saying, just stupid, or what??
Magic
MMRGlobal to Report First Quarter Revenue Increases
May 4, 2011 08:37:11 (ET)
LOS ANGELES, CA, May 04, 2011 (MARKETWIRE via COMTEX) -- MMRGlobal, Inc. (MMRF, Trade ), provider of secure and easy-to-use Personal Health Records ( www.mmrvideos.com ) and electronic safe deposit box storage solutions for consumers ( www.myesafevideos.com ) and electronic document management systems for healthcare professionals ( www.mmrprovideos.com ), today announced that for the first quarter ended March 31, 2011, revenues are projected to be more than 600 percent of those reported in the first quarter of 2010. Revenues are also projected to have increased significantly when compared to the fourth quarter of 2010.
The Company expects to release its first quarter 2011 financial results on May 16, 2011.
VTSI on the move up as predicted. RS defeated, new sales to Saudi Arabian gov't announced today. Just the start of a huge run, imo.
Magic
I have a new MD with a nearly new practice, and he is using Praxis.
Magic
Seriously this time 3F, do you not see the disingenuousness of your constantly bashing a company that you hold a significant position in??? You are NOT going to change Bob's thinking or plan, so what's the point? Surely you are not trying to buy more shares more cheaply, and you're bound to be running out of places for more bullet holes in your feet. Aren't you finally getting tired of beating that dead D horse yet? How about taking a break till after the SH meeting and see how it looks then?
Magic
VTSI - shareholder vote on RS DEFEATED today (it was premature). Should see a good pop tomorrow, driven by us longs who campaigned to defeat the proxy. Huge contract with GAnder Mountain should make VTSI fly over the next months. Don't say I didn't tell ya!
Magic
PD - REPR rocks, thanks Rawnoc.
Whew!!! That was too close for comfort, but glad I had the nerve to hold em. Wanna bet we see .12 tomorrow??
OK, Mr. Ferris, et al. Please get on with building the company, getting the audits done, and get back to us when you are actually ready to uplist, and we will give you the necessary authority to make it happen, for real.
Thanks, Magic
OT to Nick. No PM, too stingy. No water problems for me, but good friend had to boat his 8.5 mo pregant wife and two little kids out today. Lots and lots of water all over, schools closed, etc.
Magic
Broker should be able to give them to him.
Have him go to proxy vote online and revote his shares there.
Magic
Got my revised proxy statement and revoted my shares, all NO except 2. Fingers crossed. Hearing there will be a move to audit the votes.
Magic
What are you uplisters gonna say when the auditors take exception to the intellectual property valuations and require revision of the financials for the last few years?
Cancel this untimely proxy vote, get the house in order, complete the required audits, let the price appreciate a bit, then come back to us with a more reasonable proposal for uplisting, with an appropriate RS, real governance recommendations, etc.
Magic
I haven't left yet, still holding as I continue to believe the RS vote will fail, barring some seriously unscrupulous moves. Just curious, has anyone who voted YES to the RS been contacted by Alliance??? So far all I have heard about were folks who had already voted NO or not voted at all being called. That smells a bit to me. I think we can clearly deduce that they did not have the votes for the RS on 4/20, thus the postponement. If they somehow now scrounge up enough votes to pass the RS, the details of Alliance's activites that will come to light in the discovery process in the class action suit should be quite interesting. It would be a real shame to see this company's assets blown on legal fees and a likely settlement that could have been avoided by simply canceling this ill-advised and ill-timed proxy proposal.
Magic
FYI:
Health Care IT News
Microsoft to Power Data Exchange Network for Physicians in Hawaii
Microsoft's Amalga health care data-aggregation platform will provide the foundation for TeamPraxis' physician data network in Hawaii.
Microsoft has announced that its Amalga data-aggregation application will provide the infrastructure for ASP (application service provider) TeamPraxis' leading physician data network in Hawaii.
Founded in 1992, TeamPraxis offers Web-based ConnxMD practice-management software as well as EHR and workflow applications. Hospitals, insurance companies, pharmacies and laboratories also use the SAAS (software as a service) products.
Amalga gives doctors a single view of a patient's medical history from various providers' databases. The software is used to create HIEs (health information exchanges) to share EHRs (electronic health records).
"Amalga will aggregate patient data stored and hosted by TeamPraxis today in separate EHR databases, enabling physicians to gain a comprehensive view of patient history at the point of care," Nate McLemore, general manager of business development for Microsoft's health solutions group, wrote in an e-mail to eWEEK. "Aggregating the data also will make it easier to submit to the emerging HIEs in Hawaii."
In addition to Amalga, TeamPraxis will use the Microsoft HealthVault Web platform to share medical information with patients and store patient data. HealthVault encrypts patient data while abiding by security protocols of the federal Direct Project.
Amalga will allow more than 1,000 physicians on the TeamPraxis network to access a patient's full medical history online and retrieve patient information from specialists for continuity of care. Using the online TeamPraxis system, doctors can also file claims and develop plans for treatment and order prescriptions.
Doctors will send reminders to patients regarding treatment and prescriptions as well as perform analytics on patient information.
"Microsoft provides a more efficient and robust integration layer as we integrate our physician network with other health care players in the state," Creighton Arita, CEO and president of TeamPraxis, told eWEEK.
In addition, the software should help TeamPraxis abide by HHS (Department of Health and Human Services) rules and incentives on accountability for positive health outcomes, Microsoft reports.
"Powering the TeamPraxis physician information network represents a natural extension of our investment in Amalga and will remain a core area of focus, particularly with the emergence of ACOs," McLemore said.
Microsoft announced its partnership with TeamPraxis on April 19. TeamPraxis also has a partnership with AllScripts, a major EHR provider.
By working with TeamPraxis, Microsoft is able to power a health record database for small practice physicians in addition to large hospitals. "Independent physician practices are the backbone of our health care system, and connecting them is vital to improving care coordination and quality," McLemore said.
Independent physicians are "gatekeepers" for the U.S. health care system, with 60 percent of physician practices holding less than 10 doctors, Arita noted.
But they're also "siloed entities," he said. "A lot of times you're having to repeat your chief complaint, your medical history and it just does not flow from one to another," Arita explained.
"The whole struggle and challenge of health care is how do you reach these small physician practices," he said. The answer, according to Arita: "hooking them up to an exchange, so they feel powered, so they're not losing their practice autonomy."
"I want to thank management for this first step toward openness and for taking steps to get us competent oil people on board as well"
KABOOOOM!!!!!!
That's me hitting the floor when I fell off my chair!!!!
Middy, you on drugs this afternoon???
LOL, Magic
deadeye, POST of the DECADE, imo. You have very brilliantly condensed the entire history of this company, its maneuverings, managements ploys and plays, and its prospects into a concise post. Very well done Sir.
magic
Too much water over this dam already. They could save some face by immediately announcing a withdrawal of the proxy in its entirety, admitting that it was premature, a restating their plan for audits leading to an uplist. I would regain much of my faith in managment if they just owned up to their mistake and reformulated their plan honestly.
magic
N B, I basically agree. I want to see the audited financials BEFORE I vote for any reverse split. And I dang sure am not going to vote for any degradation of governance nor the proposal to allow a majority of votes cast to drastically change the corporate structure, not now, not later, not ever.
magic
800,000 shares traded AFTER the delay announcement, all in a continuing downward spiral. The market has spoken, cancel the damn proxy already and lets get back to business. I decided to take the chance of continuing to hold in the belief that the RS would fail, which it obviously has so far. Now they want another bite at the apple, thus the delay and the questionable calling program to hustle votes. Enough already, the shareholders do not want this RS, got it???!!!
Wanna know how I REALLY feel??
Magic
Talk about your callous disregard for shareholders!!!!!!!
If I had made the extensive and expensive plans necessary to attend the meeting I would be looking for Ferris to personally reimburse me.
Magic
... it is a lower letter in the alphabet
What about Wells Fargo
So 3F, you still holding shares? Honest question.
Magic
the 2,500,000 is obviously very wrong, more like 2,500.
magic
Looks like our guy DK got a plum job:
When BP was heavily under attack from the top down for its response to the rapidly growing environmental disaster, the company started throwing huge sums of money at the problems it had in the water and on land. Cutting checks to governments along the coast addressed both issues, even if it meant waiting until later to figure out details like how officials would have to account for the cash.
"We recognized the importance of getting funding to the states, parishes and counties quickly, and therefore provided advance funding to help kick start their emergency response," Feick, the BP spokeswoman, said in an email.
The payments to governments gave BP the kind of good PR it desperately needed, said Daniel Keeney, president of a Dallas-based public relations firm. By giving money to communities and allowing them to spend it largely as they saw fit, BP also put a buffer between itself and any questionable spending.
"Whether the funds could be perceived as being wasted or not really reflects on the organization accepting the money rather than BP," Keeney said.
FYI -
(Reuters) - U.S. securities regulators are conducting a broad review of share issuance rules for private companies, including the 500-shareholder threshold meant to mark the transition to public ownership.
The Securities and Exchange Commission review could make it easier for private companies to raise capital while delaying an initial public offering and the accompanying increase in financial disclosures.
"We are approaching it with an open mind," SEC Chairman Mary Schapiro said of the policy review on Friday to a group of business journalists. "I really can't predict what, if any, change will come out of that."
The issue has jumped into the spotlight recently as Wall Street banks and electronic markets offer investors a chance to buy and actively trade stakes in hot Internet companies such as Facebook and Twitter before they go public.
An April 6 letter from the SEC to House Oversight Chairman Darrell Issa sets out the issues involved in the review but is careful not to come to any conclusions.
The use of special purpose vehicles, or SPVs, that aggregate investors and help avoid the 500 threshold, is among the issues being examined, as is the increasingly active trading of private shares on electronic platforms.
SEC rules on what constitutes a "general solicitation" for investors, banned for private placements, is also under scrutiny.
Goldman Sachs had planned to offer both U.S. and foreign investors a chance to own shares in Facebook through an SPV. Later in January it opted to limit the offering to foreign investors, citing "intense media coverage" of the deal.
The effects of any SEC rule changes could be mixed. Raising the 500 investor threshold, for example, could be offset by tighter rules on SPVs.
The rules also affect public companies that seek to "go dark" by returning to private ownership status.
"Many of the rules we have in place governing the offering process are decades old," Schapiro said on Friday. "It makes sense for us ... to take a look at whether our rules have kept pace with changing market dynamics."
Schapiro's letter to Issa showed an SEC wrestling with the needs of private companies to raise capital against the investing public's right to get the information they need to make informed decisions.
"I think all Mary Schapiro is really saying is that she wants a more realistic counting system that is less susceptible to manipulation," said J. Robert Brown, a professor at the University of Denver Sturm College of Law.
Not sure where you're seeing that, but I see .05 x .0523
http://www.otcmarkets.com/stock/MMRF/quote
Oh, and 3F, OLMP is at .01 x .08, fwiw.
Magic
I didn't look at the Form 4. Did Don buy in the open market or some other transaction??
Thanks, Magic
Not to mention it will be much more natural for you!!!!
Sorry man, just couldn't help myself.
Magic
What makes you believe that the shares OLMP are selling are from D, when Bob says they are not?? Could just as easily be from a vendor who gets paid in shares, etc. Any proof??
Honest question.
Magic
Only 36 people have posted their votes so far. If you have not already, please add your vote on the proposals here:
http://investorshub.advfn.com/boards/board_surveymenu.asp?board_id=148
TIA, Magic