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MMR Information Systems, Inc. (MMRF/MMRF.OB) Wrap Up:

MMR Information Systems, Inc., through its subsidiary, MyMedicalRecords, Inc., provides various Web-based storage solutions for the healthcare and health information management markets in the United States. Its Web-based solutions facilitate consumer access to medical records and various documents, such as living wills, birth certificates, insurance policies, and financial records. The company’s principal product includes MyMedicalRecords PHR system, a Web-based personal health record system to transmit documents, images, and voice mail messages in and out of the MyMedicalRecords PHR system using various methods, such as fax, phone, and file upload. It also offers MyESafeDepositBox, which provides secure on-line storage for various financial, legal, and insurance documents. In addition, the company focuses on developing MyMedicalRecords Pro product, which is intended to provide medical record storage and digitizing services for physician practices. MMR Information Systems offers its products for the healthcare, corporate employee benefits, and affinity and membership group markets, as well as directly to retail consumers. The company is based in Los Angeles, California.
www.mymedicalrecords.com

MMR Information Systems, Inc. (MMRF:OTC Bulletin Board Market)

LAST $0.11 USD
CHANGE TODAY -0.036 -24.00%
VOLUME 670.3K
As of 3:56 PM 11/20/09 All times are local (Market data by Reuters is delayed by at least 15 minutes).

Snapshot of MMR Information Systems, Inc. (MMRF)

OPEN
$0.14
PREVIOUS CLOSE
$0.15
DAY HIGH
$0.14
DAY LOW
$0.11
52 WEEK HIGH
04/22/09 - $0.35
52 WEEK LOW
12/18/08 - $0.02
MARKET CAP
17.6M
AVERAGE VOLUME 3 mo
271.8K
DILUTED EPS TTM
$-0.04
SHARES OUTSTANDING
154.0M
MMRF Does Not Pay Dividends
P/E TTM
NM
K = Thousands  M = Millions  B = Billions

MMRF Top Compensated Officers

Mr. Robert H. Lorsch
Co-Founder, Chairman, Chief Executive Officer...
Age: 59
Total Annual Compensation: $120.0K
Mr. Naj Allana
Chief Financial Officer, Principal Accounting...
Total Annual Compensation: $199.0K

Executives, Board Directors

Compensation as of Fiscal Year 2008.

Key developments for MMR Information Systems, Inc. (MMRF)

MMR Information Systems' MMRPro Seen as Solution to Doctors' Difficulties With EMR Systems

MMR Information Systems' MMRPro, which enables doctors who do not have an Electronic Medical Records (EMR) system to digitize and store paper records through a secure Web-based portal, is envisioned as the bridge between fully paper-based medical offices and the adoption of computerized medical records to qualify for stimulus funds under the American Recovery and Reinvestment Act (ARRA). Electronic Medical Records are being questioned, according to an article in Sunday's Washington Post titled 'Electronic medical records not seen as a cure-all'. The article cited numerous instances of critical errors made by large EMR systems, ranging from software bugs that misdiagnosed five people with herpes to another that systematically gave adult doses of medicine to children. The article raised issues about the current effectiveness of Health IT products, both in the United States and around the world. Designed for small to mid-size physician practices, MMRPro (www.MyMedicalRecordsMD.com) offers a solution to the EMR problem by allowing doctors to digitize patient records without resulting in a major makeover in how they run their office or costly investments in a non-standardized EMR system. In addition to enabling doctors to scan and digitize patient records, MMRPro features selected electronic order entry and e-prescribing, both of which are meaningful use measurements to qualify for stimulus funds.

MMR Information Systems and Unis-Tonghe Plan Integration of MMR PHR and MMRPro in Development Project to Market Throughout China

MMR Information Systems Inc. and Unis-Tonghe Technology (Zhengzhou) Co. Ltd. announced that the companies have entered into a Memorandum of Understanding and plan to sign a Master Agreement by December 15, 2009. Under the MOU, both organizations will create a joint Marketing, Licensing and/or Revenue Sharing Agreement that will allow MMR to utilize the UNIS Cloud Computing Platform and facilitate UNIS' offering of the MMR technology to the Ministry of Health and other government, financial, legal and medical entities in China. MMR and UNIS will assemble commercial and technology teams from each company to both identify the opportunity to bring MMR's proprietary, patent-pending technology into China, and to facilitate the necessary integration and development to enable UNIS to market the MMR technology in China.

MMR Information Systems Inc. Announces Unaudited Revenue for the Third Quarter and Nine Months Ended September 30, 2009

MMR Information Systems Inc. announced unaudited revenue for the third quarter and nine month period ended September 30, 2009. For the quarter, the company's revenues increased 36% to $221,239 from $162,098 for the second quarter, 2009. For the nine months, the company's revenue reflected an increase of 64% from the comparable period in 2008. Further unaudited year-to-date revenues totaled $537,613 compared to $328,306 for the nine months ended September 30, 2008. The Company's growth in revenue comes from continued execution of the its business plan in the affinity and direct to consumer markets.

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MMRF Competitors

Company Last Change
Google Inc $569.96 USD -3.03
Microsoft Corp $29.62 USD -0.16
WebMD Health Corp $36.25 USD +0.11
Market data is delayed at least 20 minutes.

Industry Analysis

Valuation MMRF Industry Range
Price/Earnings NM Not Meaningful
Price/Sales 24.3x
Price/Book NM Not Meaningful
Price/Cash Flow NM Not Meaningful
TEV/Sales 27.5x

MMRF

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MMRF transactions

Type
Date
Target
Private Placement
September 16, 2009
--
Private Placement
September 15, 2009
--

More Recent News About MMR Information Systems, Inc.

More news for MMRF

MMR INFORMATION SYSTEMS, INC. Files SEC form 10-Q, Quarterly Report

Item 2. Management's Discussion and Analysis of Financial Condition and Results of Operations The following discussion of our financial condition and results of operations should be read in conjunction with our financial statements and related notes appearing elsewhere in this quarterly report on Form 10-Q and the description of our business appearing in our annual report on Form 10-K for the year ended December 31, 2008 filed with the SEC on April 15, 2009 (the " Form 10-K"). This discussion contains forward-looking statements, the accuracy of which involves risks and uncertainties. See "Cautionary Note Regarding Forward-Looking Statements" below. Our actual results could differ materially from those anticipated in these forward-looking statements for many reasons, including the risks faced by us described in "Risk Factors" in Item 1A of the Form 10-K and in the Company's current report on Form 8-K/A filed on May 4, 2009. Cautionary Note Regarding Forward-Looking Statements This quarterly report on Form 10-Q contains certain forward-looking statements within the meaning of Section 21E of the Securities Exchange Act of 1934, as amended, and is subject to the safe harbor provisions created by that statute. The words "anticipate," "expect," "believe," "plan," "intend," "will" and similar expressions are intended to identify such statements. Although the forward-looking statements in this quarterly report on Form 10-Q reflect the good faith judgment of our management, such statements are subject to various risks and uncertainties, including but not limited to: º The possible invalidity of the underlying assumptions and estimates; º Possible changes or developments in economic, business, industry, market, legal and regulatory circumstances; º Conditions and actions taken or omitted to be taken by third parties, including customers, suppliers, business partners and...
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MMR Information Systems Engages Global Research Services as Advisor to Accelerate Time to Market for Anti-CD20 Monoclonal Antibodies

LOS ANGELES, CA--(Marketwire - 11/04/09) - MMR Information Systems, Inc. (OTC.BB:MMRF - News) www.mymedicalrecords.com, announced today it has retained Global Research Services LLC, www.grs-cro.com, a full-service clinical trials management organization, to assist the Company in its efforts to accelerate bringing to market its patented anti-CD20 monoclonal antibodies. Anti-CD20 antibodies are useful in treating B-Cell malignancies, including Non-Hodgkin Lymphoma (NHL) and additional B-Cell mediated conditions such as rheumatoid arthritis. Global Research Services specializes in serving sponsors of Phase I-IV research. MMRF's anti-CD20 antibody asset is potentially a candidate for the next generation Rituximab, marketed under the trade name Rituxan� in the United States by Biogen Idec and Genentech (wholly owned member of the Roche Group) and under the name MabThera� by Roche in the rest of the world except Japan, where it is co-marketed by Chugai and Zenyaku Kogyo Co. Ltd. Rituxan is one of the world's most successful monoclonal antibodies with reported total sales in 2008 in excess of US $5.4 billion. MMR Infor...
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MMR Information Systems Hosts Open House for Physicians With Kodak in Attendance November 4-5 at Fall Health IT Summit in Beverly Hills

LOS ANGELES, CA--(Marketwire - 10/22/09) - MMR Information Systems, Inc. (OTC.BB:MMRF - News) announced today that it will host an Open House, joined by representatives from Kodak Corporation, for physicians at the Fall Health IT Summit on November 4-5, in Beverly Hills. The Open House will give local area physicians and guests of the conference hands-on demonstrations of the Company's new MMRPro product. Kodak Corporation is supplying the Kodak 520 Scan Station and Capture Pro software as part of the bundled MMRPro solution. MMRPro provides doctors with a cost-efficient solution for digitizing patient records and storing them in a secure, Web-based portal. The service also allows patients to view their records through a separate secure portal called MMRPatientView. Patients are able to upgrade their patient view to a full ...
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MMR INFORMATION SYSTEMS, INC. Files SEC form 8-K, Results of Operations and Financial Condition, Financial Statements

Show all filings for MMR INFORMATION SYSTEMS, INC. | Request a Trial to NEW EDGAR Online Pro Form 8-K for MMR INFORMATION SYSTEMS, INC. 14-Oct-2009Results of Operations and Financial Condition, Financial Statements Copyright © 2009 Yahoo! Inc. All rights reserved. Privacy Policy - Terms of Service - Copyright/IP Policy - Send Feedback SEC Filing data and information provided by EDGAR Online, Inc. (1-800-416-6651). All inform...
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MMR Information Systems Shows Continued Growth From Sales of Personal Health Record and Online Storage Products

LOS ANGELES, CA--(Marketwire - 10/12/09) - MMR Information Systems, Inc. (OTC.BB:MMRF - News) (the "Company"), which through its wholly-owned operating subsidiary, MyMedicalRecords, Inc. ("MMR") provides consumer-controlled Personal Health Records ("PHRs") (www.mymedicalrecords.com) and electronic safe deposit box storage solutions (www.myesafedepositbox.com), today announced that its unaudited revenue for the nine month period ended September 30, 2009 reflected an increase of 64% from the comparable period in 2008. Further unaudited year-to-date revenues for the nine months ended September 30, 2009 totaled $537,613 compared to $328,306 for the nine months ended September 30, 2008. Revenues for the quarter ended September 30, 2009 increased 36% to $221,239 from $162,098 for the second quarter, 2009. The Company also disclosed that at the end of the third quarter it had cash and credit availability of approximately $2 million. "The Company's growth in revenue comes from continued execution of the its business plan in the affinity and direct to consumer markets," said Robert H. Lorsch, Chairman and Chief Executive...
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MMR INFORMATION SYSTEMS, INC. Files SEC form 8-K, Entry into a Material Definitive Agreement, Unregistered Sale of Eq

Item 3.02 Unregistered Sales of Equity Securities. Pursuant to Item 3.02 of Form 8-K, the Company is required to file a Form 8-K to report particular information related to unregistered sales of its common stock, if the aggregate number of such common stock sold since the filing of our last Quarterly Report on Form 10-Q is equal to or greater than 5% of the outstanding stock of the Company. On September 16, 2009, the aggregate number of shares of common stock sold in unregistered transactions by the Company exceeded the aforementioned 5% threshold. The following is a description of all sales of unregistered shares of common stock by the Company since August 27, 2009, which was the filing date of the Company's last Quarterly Report on Form 10-Q, the aggregate number of which exceeds the 5% threshold: September 18, 2009 On September 18, 2009, the Company issued to Hal J. Meyer, a grant of 100,000 Shares at a price per share value of $0.09, in consideration for services rendered to the Company. September 16, 2009 On September 16, 2009, the Company also entered into a Note and Warrant Subscription Agreement (the "Note Agreement") with Mr. Loftus ("Purchaser"). Pursuant to the terms of the Note Agreement, the Purchaser purchased a convertible note in the amount of $200,000 (the "Note"). The Note carries an annual interest rate of 12%. The Note is convertible at the option of the Purchaser into a number of shares of the Company's common stock, par value $0.001 per share (the "Shares"), equal to the product of eighty percent (80%) multiplied by the arithmetic average of the dollar volume-weighted average price ("VWAP") of the Shares for the ten (10) consecutive trading days ending on the day that is three (3) trading days prior to the applicable conversion date. In addition to the Note, the Purchaser received a warrant to purchase initially up to 1,200,000 Shares at a per share price equal to the lesser of (i) the pro...
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MMR INFORMATION SYSTEMS, INC. Financials

PERIOD ENDING30-Jun-0931-Mar-0931-Dec-0830-Sep-08Total Revenue162  146   -   -  Cost of Revenue102  107   -   -  Gross Profit60  39   -   -  Operating ExpensesResearch Development63  44  (269)1,436  Selling General and Administrative1,734  1,530  670  1,215  Non Recurring -   -  28,478  (28,478)Others -   -   -   -  Total Operating Expenses -   -   -   -  Operating Income or Loss(1,737)(1,535)(28,879)25,827  Income from Continuing OperationsTotal Other Income/Expenses Net1,533  (2,099)29,605  (15,140)Earnings Before Interest And Taxes(205)(3,634)726  10,687  Interest Expense116  243   -   -  Income Before Tax(321)(3,876)726  10,687  Income Tax Expense -   -   -   -  Minority Interest -   -   -   -  Net Income From Continuing Ops(321)(3,876)726  10,687  Non-recurring EventsDiscontinued Operations -   -   -   -  Extraordinary Items -   -   -   -  Effect Of Accounting Changes -   -   ...
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