MMRGlobal, Inc. (fka MMRF)

[tbone1360]

From MMRGlobal FB page 3 minutes ago.

As we prepare to wrap up the year with the filing of MMRGlobal’s 2013 10-K (OTC: MMRF) I wanted to share an observation that demonstrates why MMR believes it is in the right place at the right time.

Based on the March 19th IPO of Castlight Health Systems (NYSE:CSLT), MMR is clearly in the right place at the right time. We believe that Healthcare.gov’s spending of more than $379 million helped created a marketplace environment catalyst that made it possible for a Health Information Technology company with $13 million in revenue to go public on the NYSE & trade at more than a 150 times multiple, or more than two billion dollars.

Ironically, Castlight and MMR both sell products and services that target consumers and employers. That’s why one of MMR’s management agendas in 2014 is to stabilize our market and thereby reward our shareholders when we enter into licensing and settlement agreements consistent with our business plan throughout the year. We think that based on current comparable’s in HIT we believe it is one of the most responsible agendas we can put forth.

Since MMR’s inception, we predicted that 2014 would be the year of transition in health care, and that consumers and employers would finally begin realizing the benefits in managed care by utilizing products and services like ours and Castlight’s to take advantage of the best in medicine at the lowest in cost. And what better time for MMR then the beginning of a transition of our nation’s entire health care system.

I also want to thank all who have continued to support our Company over the past several years in our efforts to sell and license our personal health record and other health information technology products & services.

Robert H. "Bob" Lorsch, CEO, MMRGlobal
www.mmrvideos.com
4401 Wilshire Blvd., 2nd Floor, Los Angeles, CA 90010
Follow me on Twitter at BobLorschTweets