Medical Cannabis Payment Solutions (REFG)

[hal8445]

REFG promotion starting today.

Float: 71,148,731 (a/o March 31, 2015)
O/S: 131,178,431 (a/o March 31, 2015)
A/S: 490,000,000 (a/o March 31, 2015)

http://www.otcdynamics.com/$refg-medical-cannabis-payment-solutions-promotional-campaign-starting-jun-25-2015-640-am-cst/

Good luck

[IMACMAN]

If there is now word from them by friday afternoon, i will be dumping all i have for what ever I can get for it..... probrbly gonna go real cheap, and i have a whole lot to dump.

[rafdog21]

Pretty much:/

[IMACMAN]

It means, pretty much nothing ..... not a concrete word there...just fluff.

[rafdog21]

Yes I read this but who knows what what's supposed to mean

[amadeus]

news hit aeconds after the closing bell

http://finance.yahoo.com/news/medical-cannabis-payment-solutions-announces-200000941.html

[rafdog21]

Something possibly cooking? Or more bs to feed to the public. We will see. Read their latest article

[IMACMAN]

Apologies..... was a typo.... i wrote SO meant SP... share price....has recovered a bit... I am curious as ro what the $400,000 was all about as well..... at this point i would be happy if they put it all in to a huge pump so i can get out if this..... i dont like it when companies are silent for too long.... and this is too long. Hope that helps.

[rafdog21]

what does the shares outstanding have to do with what we are talking about. Just wondering not questioning you; just interested. They are so slow in coming out with updates. Like what was this other agreement for for 400000 dollars, for their marketing? what? tell us about the product more and what companies are interested. Like some actual news. Maybe they are just selling off shares? input?

[IMACMAN]

Your guess is as good as mine.... the so has recovered quite a bit in the last few months all the same.... not really sure why.

[rafdog21]

Is there anyone working inside this company? I called a year ago and Jeremy used to pick up. I have called several times now and no one picks up. I dont know if this is good news or bad news meaning he is too busy to talk or simply no one is working anymore. Any additional information on this company please send a link. Havnt been able to find anything.

[IMACMAN]

I followed some bad advice from a promo company, and bought in back in October....... the company does not appear to do any business or even exist other than on paper, and in a few inconsequntial PRs, that have done nothing.... its beginning to smell a lot like typical pinky scam...imo

[captainscotty]

$REFG Ready for 0.04...:-]

[I-Man]

I think maybe this company, which has lots going for it, may well indeed benefit from a reverse split to reduce the massive amount of shares outstanding, and reduce its float in the process...?

BUT if they do, it needs to become uplisted to major exchange as well...

[IMACMAN]

Not sure, what the $400k was for..... I took it as a sign that there is still a pulse on this one..... theyre a bit slow with keeping shareholders informed. They need to keep people informed before rhe pps realy slips.... I got in wayyyy to high ... got sucked in by a paid pump, from a POS promoter.

[JFXL2]

Did anything ever come of this at the federal level. I watched the hearing on youtube but have heard nothing since. The concept seams pretty sound compliance/tracking all built into billing/accounting system - I think compliance is the biggest feature Do you know what the $400k going to be use for? marketing,upgrades, stay afloat... I might send them email form site...

[IMACMAN]

Seems to be moving a bit.... not sure why...was just up 77%

[IMACMAN]

Wow.... we are actually moving here....whats up???

[IMACMAN]

anyone that bought in for the first tome yesterday is happy....lol

[I-Man]

Sad to see,. Thought these folks had more going for them verses, say, that lgbi crowd shamm...

[IMACMAN]

Looking more like a pos worthy of dumping..... i am soon leaving this one.

[RationalOptimist]

Historic news from the U.S. Senate: "Senators Introduce Historic Bill to Allow Medical Marijuana"

"A bipartisan group of three senators will introduce a historic bill Tuesday that could end the federal ban on medical marijuana, a substance that 23 states have now legalized."

"The plan sponsored by Republican Sen. Rand Paul and Democratic Sens. Cory Booker and Kirsten Gillibrand would “allow patients, doctors and businesses in states that have already passed medical marijuana laws to participate in those programs without fear of federal prosecution,” according to a statement the three senators released Monday."

"They include downgrading its status with the Drug Enforcement Agency from Schedule 1 to Schedule 2, allowing doctors to recommend its use in some cases to veterans, expanding access to researchers and making it easier for banks to provide services to the industry."

http://www.washingtonpost.com/blogs/govbeat/wp/2015/03/09/in-a-first-senators-plan-to-introduce-federal-medical-marijuana-bill/

http://www.huffingtonpost.com/2015/03/09/senate-medical-marijuana-_n_6834534.html

http://time.com/3738038/medical-marijuana-congress/

"The proposal will be unveiled at a 12:30 p.m. press conference on Tuesday, which will be streamed live here:

[arroyo]

Relevant information: http://goo.gl/jo0VF2

[momolead]

It might drop a little bit more but I see it going up to like .07 at least. But 26% in a day isn't bad. Someone knows something... 52 week low baby

[jon3523]

Back up??? This has been falling like a rock since they pumped it and dumped it. If they know something they should tell the rest of us so that it can fly!

[momolead]

It's going back up, other day someone just bought 118k shares. Some one knows something. Keep talking about it here and most likely will get re pumped and will make a lot as long as they're timing is on point. That $500k didn't all go into shares, it's still out there somewhere. They're just waiting on when to release it

[jon3523]

I don't know why I'm even still following this one. I think the pumping is done and the train has left the station.

[jon3523]

Keep at it you will be.

[IMACMAN]

?..... W I N S...??.... What are theses.."Wins" You speak of ? I am not familiar with that term......lol

[jon3523]

Sorry MAC. I don't feel so bad now. Hope it comes back for you. Either that or you can write it off against some wins.

[IMACMAN]

i got in at the top of a failed pump from psp.... .078 sucks....

[jon3523]

Bought in at .0549. I had a trigger set to dump at .0525. It dropped and my dump hit. Then It climbed a couple ticks but then steadily began to drop. Only lost about $50.00 plus my transaction fees. I learned a long time ago to set up a dump just in case. You win some you lose some.

[momolead]

Did you sell yet

[momolead]

lol yuo, you win some and you hold some

[IMACMAN]

yup.... i fear i am in for the long haul..... not fun when you are sorta forced to start dating one of the pinkies....lol.... was just looking for a one night stand...lol

[momolead]

well see monday, you still holding?

[IMACMAN]

Not great but, at least its risen and finished green.

[IMACMAN]

Will do.... I watch this everyday.... one of the few mmj stocks i still hold.... alot of them are scams.

[momolead]

im with it too, hopefully does go up. post if you sell or have any other insight

[IMACMAN]

Low sgare structure, i am told.... i will hold....keep the faith.

[momolead]

any news on this im still holdining

[jon3523]

I guess the dumping continues...

[IMACMAN]

I am pretty sure it will.... not alot of shares in the company for a penny stock.... should move back to over 8 at least i would think.

[jon3523]

You think once the dump is over (whenever that is) it will bounce again?

[IMACMAN]

I thought it would.... volume up again.... and 2 other promotors on this today..... has to be dumping.... hope the dump is over soon.

[jon3523]

Is this gonna go today? Not looking like it so far...

[FunGuns09]

Buyer Beware Promo in full effect today:

PennyPicks: REFG is my new pick and it is ready to soar as marijuana heats up once again! http://goo.gl/tq045Z

[JFXL2]

I'm new to this board and read a bunch of posts and reviewed Yahoo finance recently on this company. The company seems intriguing but no where do I see anything about sales being processed, systems being sold. It appears based on what i read that they would greatly benefit from a positive banking industry vote to approve banks and other institutions to loan/process funds for "med weed" without reprisal. I watched a you tube video from the banking group over the summer and it seems to be getting closer on the government side to being approved - Does anyone know any time tables?

IMO I think various pot stock have a future...

Cheers!!!

[jon3523]

Yeah but will it go back up or will it hit another 52 week low?

[IMACMAN]

well... i guess the bright side is, it appears to be a legit operation and good concept.... and its basically at its 52 week low, with a very small share structure.... so a day trade may have just turned into a hold for me.