Last $0.03 USD
Change Today -0.0003 / -1.08%
Volume 210.8K
MMRF On Other Exchanges
Symbol
Exchange
OTC US
As of 5:20 PM 07/30/14 All times are local (Market data is delayed by at least 15 minutes).

mmrglobal inc (MMRF) Snapshot

Open
$0.03
Previous Close
$0.03
Day High
$0.03
Day Low
$0.03
52 Week High
03/3/14 - $0.07
52 Week Low
10/4/13 - $0.02
Market Cap
20.0M
Average Volume 10 Days
330.0K
EPS TTM
$-0.0076
Shares Outstanding
731.6M
EX-Date
--
P/E TM
--
Dividend
--
Dividend Yield
--
Current Stock Chart for MMRGLOBAL INC (MMRF)

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mmrglobal inc (MMRF) Details

MMRGlobal, Inc., through its subsidiary, MyMedicalRecords, Inc., provides online personal health records (PHRs) and electronic safe deposit box storage solutions for consumers, healthcare professionals, employers, insurance companies, financial institutions, retail pharmacies, professional organizations, and affinity groups in the United States. The company’s solutions enable individuals and families to access their medical records and other documents, such as birth certificates, passports, insurance policies, and wills using Internet. It offers MyMedicalRecords, a secure Web-based PHR system, which transmits and stores documents, images, and voice mail messages in the system using various methods, such as fax, voice, and file upload. The company also provides MyESafeDepositBox, an online document storage system designed to provide on-line storage for medical records, as well as for financial, legal, and insurance documents, including wills and advanced directives. In addition, it offers MyMedicalRecordsMD, and integrated scanning and web-based document management solution for medical providers. MMRGlobal, Inc. is headquartered in Los Angeles, California.

6 Employees
Last Reported Date: 05/9/14

mmrglobal inc (MMRF) Top Compensated Officers

Co-Founder, Chairman, Chief Executive Officer...
Total Annual Compensation: $439.9K
Chief Financial Officer, Principal Accounting...
Total Annual Compensation: $291.5K
Compensation as of Fiscal Year 2013.

mmrglobal inc (MMRF) Key Developments

Mmrglobal Subsidiary Gets Clinical Trials Patent

MMRGlobal announced that it has received a new patent from the United States Patent and Trademark Office entitled Electronic Health Records in Clinical Trials. The newly issued patent, U.S. Patent No. 8,775,212, opens the door to completely new revenue generating opportunities for the company through sales and licensing of MMR's Personal Health Record products and services and other patented intellectual property to Contract Research Organizations and pharmaceutical companies conducting clinical trials. According to ClinicalTrials.gov, there are currently 170,766 studies occurring in all 50 states and in 187 countries being conducted by numerous CROs, universities and pharmaceutical companies. CROs, Big Pharma and pharmaceutical start-ups are consistently looking for ways to reduce costs and speed up the clinical trial process. MMR's products, services and patented IP are designed to help reduce trial costs and shorten trial times. Accordingly, MMR plans on providing access to its Patented IP and products and services in consideration of traditional sales and licensing agreements or by participation in long-term success based outcomes from clinical trials.

MMRGlobal, Inc. Enters into Non-Exclusive License Agreement with Claydata Pty Ltd

On July 7, 2014, MMRGlobal, Inc. announced that it entered into a Non-Exclusive License Agreement with Claydata Pty Ltd. effective from June 30, 2014. Pursuant to the terms of the agreement, Claydata received a Non-Exclusive License to the company's family of patents, and the right to resell the company's MyMedicalRecords Personal Health Record or utilize selected features in the MMR-PHR in Australia, New Zealand and the US. In addition to the terms, the agreement contains customary provisions, including the term of the agreement, representations, warranties, indemnities and confidentiality by each of the company and Claydata. The agreement also gives Claydata the right to offer selected MMR proprietary features and benefits from the MyMedicalRecords Personal Health Record on a revenue sharing basis in addition to the payment of license fees.

MMRGlobal, Inc. Enters into Non-Exclusive License Agreement with Salutopia

On June 25, 2014, MMRGlobal, Inc. entered into a Non-Exclusive License Agreement with Salutopia, Inc. effective June 30, 2014. Pursuant to the terms of the agreement, Salutopia received a Non-Exclusive License to the company's family of patents, and the right to resell the Company's MyMedicalRecords Personal Health Record or utilize selected features in the MMR-PHR. In addition to the above terms, the Agreement contains customary provisions, including the term of the Agreement, representations, warranties, indemnities and confidentiality by each of the Company and Salutopia.

 

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Price/Sales 20.6x
Price/Book NM Not Meaningful
Price/Cash Flow NM Not Meaningful
TEV/Sales 18.1x
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