InvestorsHub Logo
Followers 16
Posts 1529
Boards Moderated 0
Alias Born 03/30/2010

Re: None

Thursday, 12/06/2012 10:22:23 AM

Thursday, December 06, 2012 10:22:23 AM

Post# of 77519
I have been asked in a PM on how I came up with a cancelling of MMRF's burn rate early during 2013 and I can tell you that a life long friend of mine since grammer school is a certified public accountant and my friend of 61 years has more stock then I do and never posts on any board! He told me that just E-mail frequency with its contribution of the embedded PHR in multiple companys will more then cancel out the burn rate with the recurring monthly payments received by companys who will be paying monthly for each and every employee who signs up for the PHR. As some companys consider this PHR a real asset for their company then the company will absorb the total cost of each employees monthly (yearly?) subscription fee. As everybody knows FREE is irresistible to any employee and many signups will occur for those companys participating in such a "freeby". Billing is slow for most companys involved and 60-90 day billing may occur so hence 1st and 2nd quarter of 2013 was relating to this time lapse. Slam dunk for all partys involved and Lord knows what MMRF and related partners will come up with in future signed contracts. So there you have it. JMO and my friend Bill, Tif
Join InvestorsHub

Join the InvestorsHub Community

Register for free to join our community of investors and share your ideas. You will also get access to streaming quotes, interactive charts, trades, portfolio, live options flow and more tools.