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Re: zino post# 15204

Sunday, 03/04/2012 2:03:30 AM

Sunday, March 04, 2012 2:03:30 AM

Post# of 79678
You may want to check out Mediswipe's website:
mediswipe.com/services.asp



You may also want to read this recent letter to shareholders:
finance.yahoo.com/news/MediSwipe-Inc-Updates-pz-1529757380.html?x=0

What I take from it, is that even though MWIP is pretty much the only game in town that will process merchant services for mjna dispensaries, last year was difficult to build a payment processing business when the dispensaries themselves were in jeopardy with all the legislative changes. As long term shareholders, we look forward to finally moving past this time and onto a firmer, legal footing. More dispensaries, under clear regulatory authority, will still need the special services for processing credit and debit cards because of anti-money laundering rules, proper transmittal of taxes and inventory accountability.

Simply put:
More dispensaries=more MWIP services=more revenue=better PPS.

In the meantime, MWIP is diversifying into the profitable realm of social media. They have chosen a niche market in the ReachMeDaily website. Our time is coming. We are due a stock dividend for the spinoff company and we are due financials showing progress in revenues.