Replies to post #8331 on MMRGlobal, Inc. (fka MMRF)

[The Rainmaker]

Those were the old FVRL debts a lot of which were settled for 30 cents on the dollar and the creditors got 12 cent restricted warrants. These creditor settlements were done in January 2009 and wouldn't be reflected in the 12/31/08 numbers you mentioned.

Also, as part of the creditor settlements, FVRL/MMR gets to make small installment payments spread out over 18 months to pay back any remaining old FVRL debts. This 18 month window gives Lorsch plenty of time to raise money or get revenues up higher. First payments aren't due for another 3-4 months I believe.