"On July 19, 2011, we entered into a 6% Convertible Promissory Note with Mr. Loftus for a principal amount of $157,422 and warrants to purchase our common stock. Effective September 1, 2011, we signed and Amendment to the Agreement dated September 15, 2009 to provide licensor a non-exclusive right to target, market and exploit the Employee Benefits market." END; Due to no revenues which I fully expected to see a glimmer of, especially after the Oct. Nov. and Dec. signups and the insinuation that the "burn rate" would be eliminated I give no further credence to the meaningful revenues I expected to occur in the August 15th report. I realize now that the 20 million signups may well be like a Chartis scenario and dependent on how many users actually sign up! If revenues were actually flowing in then that would be a great PR for MMRF to announce! This has not happened and I thought it was happening May 6th on that great PPS rise. I now attribute that rise to just speculation based on word of mouth and no thought to the balance sheet. I look at the PHR revenues and see a hugh drop in recurring revenues from quarters mentioned. These PHR revenues should be constant and dependable if the 1% attrition rate is real! No matter how you cut it and dice it something is very wrong with retail sales and I suspect that potential users of any PHR have found cheaper ways for medical history such as memory stick or whatever. Sure wished I had sold on the hugh rise but I now have 42 confirmations of sells and slowly selling all my shares and I am doing very well on profit as I bought many shares below 2 cents. I should be done thru next week and for those who wish me good riddance for my posts then remember in the future that I was honest in my quest for asset confirmation. Good luck to you bar1080. This is my last post.