new MMRF Blog ... Dec. 17
Getting The Facts Straight #2
Posted by MyMedicalRecords | Filed under Personal Health
Today we will pass the 50 million mark on Facebook impressions with thousands of clicks to our landing pages and IR sites. Encouraging people to learn how they can invest in their family’s health and the future of healthcare at MMRF has been a great way to call attention to your Company as we end the year. Next week we will expand the campaign to Google and Google television. We want to educate users on the value proposition of having a PHR, and encouraging them to learn about the investment opportunities in Health Information Technology. For those who missed the Dot.com boom it’s now time for the government-fueled HIT boom. In case you missed it, attached is a sample ad from the current Facebook campaign.
Amazon went public in 1997, and had a net loss of $31 million, followed by a net loss of $125 million, and almost $720 million in 1998 and 1999, respectively. In their last annual report for the year ended 2009, they had net income of $902 million. Yesterday Twitter announced another $200 million financing and is still searching for a revenue model. I am proud of what MMR has accomplished for less than 10 percent of the Twitter raise at MMRGlobal.
Although I always enjoy hearing from shareholders and others, it’s the “others” that baffle me. There is this tiny, tiny, tiny group of tiny minded people who hide behind an image of tiny dogs (or other icons) attempting to mislead the public about MMRGlobal. In my opinion, some of these comments simply demonstrate stupidity. My New Years wish to them is Get A life, while my New Years wish to the rest of you is Health, Happiness, Joy, Peace, Love and Prosperity to which I hope MMR can play some small part in.
And, to that point….we are working very hard on the “Prosperity” piece. Last Sunday I left my house at 4 AM to take an early morning flight to New York. After 4, 20-hour days I was on another red-eye back to Los Angeles to meet what could be our newest strategic relationship in Los Angeles with another one of the largest companies in the world.
In addition to Chartis meetings on last Monday, Tuesday’s road show was attended by nearly 70 leading interested investors as well as broker/dealers and fund managers. This included a luncheon speech and power point presentation on the history of the Company. We anticipated 45 attendees and 15 minutes of Q&A. We were surprised to find more than 60 who braved 20 degree cold to hear MMR’s story. The waiters were challenged to find and add more chairs to accommodate the overflow crowd. In New York investors usually come, eat, drink and get back to their offices for the market close. This time they stayed almost 2 hours, never stopping 45 minutes of Q&A. Based on the day it would appear they liked what they heard.
Then it was off to Basking Ridge New Jersey, which I believe will be a regular destination for me over the next few months as we build out our wireless strategy with one of the largest carriers in the US as a potential strategic partner.
What I took away from this coast-to-coast dash is that investors want to know as much as they can about the mandated migration from paper-based records in use by doctors, hospitals and other healthcare organizations, to EHRs. That is why I am scheduling similar road shows in half a dozen major U.S. cities starting immediately after we usher in the New Year. We are planning similar presentations to visit brokers, institutions, and private investors in Boston, Philadelphia, Miami, Dallas, Chicago, San Francisco, Newport Beach, San Diego, and of course, Los Angeles.
It is reported that Hitech will mandate deployment of Personal Health Records for all by 2014. Investors want to learn how they can participate in this emerging growth opportunity. MMR has invested heavily in building out one of the best and most user friendly and secure Personal Health Record products and services technology that can talk to any other EMR system today. The people I met with were impressed. They told me so. I think they had good reason to be.
Robert H. “Bob” Lorsch, CEO, MMRGlobal
4401 Wilshire Blvd., 2nd Floor Los Angeles, CA 90010, Phone 310-476-7002, Fax 800-203-2127
www.mymedicalrecords.com. www.mmrvideos.com, www.mmrmdvideos.com
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