Replies to post #60465 on MMRGlobal, Inc. (fka MMRF)

[DamnedYankeeFan]

As you know warrants and options are two different matters. You get issued warrants and you have to purchase options. All Royston having a strike price of $.07 does is tax related. His warrants with an opinion letter are free trading and could hold a tax advantage if he sold now. The CEO's shares are subject to a 144 hold and he can issue himself endless amounts to the various entities he controls since the company isn't making money and he's making "loans" based on alleged amounts.

IMO the company should produce audited financials which should clear all this up.

[ssc]

Not sure what you mean when you say they are not issuing shares at 2 cents. They did for all of last year, and this quote from the latest 10-Q shows they continued to do so in January thru March of this year, over 24 million shares:

On various dates between January 31, 2013 and March 22, 2013, we entered into fourteen different Convertible Promissory Notes (the "Notes") with eleven different unrelated third-parties for principal amounts totaling $493,750 with fixed conversion price from $0.020 to $0.028. Under the terms of the agreement, the principal amount owed under the Note became due and payable one year from the investment date provided that, upon ten (10) days' prior written notice to the holder, we may, in our sole discretion, extend the maturity date for an additional six month term. The Notes have the option to be converted into a total of 24,035,715 shares of our common stock. These Notes bear interest at a rate of 6% per annum payable in cash or shares of common stock or a combination of cash and shares of common stock at the option of the Company. The loan discounts for the convertible note feature totaled to $73,500 and was amortized to interest. As of March 31, 2013, all notes had been converted.

[investbernie]

Three,

Completely agree in all aspects, and furthermore Royston will be a major asset for MMR, as we progress forward.

(Biotechnology value here is very significant.)

Best Regards, Bernie