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REFG...011...adding the dips here...:partying_face:
REFG...018...Been accumulating this one for quite some time...Crazy dip to .0001 this week and bounced right back...:partying_face:
Based on today's sell off, I think someone does not think so. Down 41%, how special. Do I bail and hope it comes back a little to minimize my loss...
Pennies suck LOL my bad!!!
cheers FX
Are they still in business ? Do they have any customers or plans ??
REFG $$$$$$$$$$$$$$$$$$$$$$$$$$$$$$$$$$$$$$$$$$$$$$$$$$$$$$$$$$$$$$$$$$$$$$$$$$$$$$$$$$$$$$$$$$$$$$$$$$$$$$$$$$$$$$$$$$$$$$$$$$$$$$$$$$$$$$$$$$$$$$$$$$$$$$
Where's the $$$$ fool??? I've been intimate with this company since inception and it has been a total waste of time and money... They still need to change ticker, as old ticker sounded like some energy drink "Refill Energy"... LOL
DRIFT AWAY....DINGBAT....
REFG $$$$$$$$$$$$$$$$$$$$$$$$$$$$$$$$$$$$$$$$$
??? What you smoking?? They said that several years ago too...
REFG....LOOKING GOOD DDDDDDDDDDDDD so far today....SOLID FUTURE in the works IMO....$$$$$$$$$$$$$$$$$$$$$$$$$$$$$$$$$$$
yup to raise the price where we can get to a possible break even and get out. LOL
THEY need to do a buyback like Execs just did over at SFT...
MJ legalization bill being introduced into Congress today FYI...?
Quarterly Report Out:
https://backend.otcmarkets.com/otcapi/company/financial-report/286336/content
No Kidding. You and I have been here way too long. They're so tied to the weed sector and legalization, which kind of does not make sense why they are failing when there are so many states where weed is legal. One would think this product would be awesome purely from its compliance feature perspective.
But, what do I know? I only sell software in the insurance industry that is highly regulated under the heading called "surplus lines insurance" and each state has it own regulations that we have to build into software's accounting/billing system to comply with paying the surplus taxes on each policy written. That feature alone landed us tons of client. I think you see the parallel here. These guys F'd up bad. Oh yea. Whatever happened to the beta user from 2 years ago. hmmmm.
I cannot wait to find a breakeven to leave.
GLTU my friend.
cheers FX
What a BIG disappointment here...
This puppy needs the Senate to jump on board with House on the SAFE act and this sucker will move for all of us. Until then REFG has been awfully quite. Weren't they going to change their symbol to better reflect what they do vs. being just associated to weed? Has anybody heard anymore about the symbol change lately?
Glad to see others are jumping on board.
Cheers FX
REFG OTC PINK CURRENT....BUY AND HOLD for MASSIVE PROFITS straight ahead IMO....REFG $$$$$$$$$$$$$$$$$$$$$$$$
This thing LOOKS GREAT....BUY, buy and buy....REFG......
This thing looks dead
Was that on OTC Markets or in SEC filing??
Yo we're on the same team so no need to "shout" when it comes to investing. Already in and have been holding for a while. GLTU
Cheers FX
I am a BIG SCHUMER FAN...but let us keep politics out of IHUB....
REFG looks very good to me in the NEAR AND FAR FUTURE...SUGGEST BUY and HOLD for MAJOR PROFITS IMO...
REFG has had recent updates
Pink Limited Information
Verified Profile 04/2021
Transfer Agent Verified
I'm not a big Schumer fan in general but on this topic he has my support - see the last paragraph. If this ticker doesn't move on the Senate approval, assuming it gets passed, then this ticker dead... We'll see...
Cheers FX
The U.S. House of Representatives on Monday passed legislation that would allow banks to provide services to cannabis companies in states where it is legal, a step towards removing what analysts say is a barrier to development of a national industry.
Lawmakers voted 321-101 to approve the bill and send it to the Senate.
The bill clarifies that proceeds from legitimate cannabis businesses would not be considered illegal and directs federal regulators to craft rules for how they would supervise such banking activity.
Banks have generally been unwilling to do business with companies that sell marijuana or related products, fearing they could run afoul of federal laws.
That has left companies in the marijuana industry with few options, including relying on just a handful of small financial institutions or doing business in cash.
The American Bankers Association has lobbied aggressively for the "SAFE Banking Act" bill.
"Banks find themselves in a difficult situation due to the conflict between state and federal law, with local communities encouraging them to bank cannabis businesses and federal law prohibiting it," the group wrote in a letter to lawmakers on Monday. "Congress must act to resolve this conflict."
Thirty-six states have legalized medical cannabis while 17 states now allow adult use, according to the National Conference of State Legislatures.
Senate Majority Leader Chuck Schumer, in an early-April interview with Politico, said he would try to advance legislation legalizing marijuana use for adults. Asked about the SAFE Banking Act, he said he would like to see such a bill move forward as part of a more comprehensive measure - even if President Joe Biden was not supportive.
REFG...0242...Psar flipped to a Bullish Buy Position...
Chart... https://schrts.co/Ibszhdke ...
Authorized Shares
690,000,000
04/09/2021
Outstanding Shares
544,087,444
04/09/2021
Restricted
252,063,087
04/09/2021
Unrestricted
292,024,357
04/09/2021
Let's see what this does to this stock price?
POLITICS: Marijuana Banking Bill Will Get A House Floor Vote On Monday, Majority Leader Confirms
insert-text-here
It will probably pass, which means it is up to Senate to push it over the goal line.
cheers FX
Thanks for the info.
They place updates on the OTC Markets with little fanfare. I went snooping around.
For Example: as of 4/7/2021
https://backend.otcmarkets.com/otcapi/company/financial-report/277787/content
For Example: as of 4/7/2021
https://backend.otcmarkets.com/otcapi/company/financial-report/276845/content
At least they're current with their filling for a company who is listed as a PINK, limited information
Cheers FX
This play was moving in the right direction for a decent time but now its just on a steady downhill trend and no recent updates, its frustrating.
These guys don't keep up on anything. It has been BS getting on 2 years now. Last I heard they were going to change their symbol to reflect the more of the software's capabilities of processing payments then just weed oriented processing - 2 months ago. Know one other than them them knows if the software has even been implemented as an "alpha" product that was mentioned 3 years ago and then silence...
Like I said these guys are looking like BS ore and more as time passes. IF I get back to my break even I'm gone.
GLTU
Cheers FX
Seems this company has not kept up ... Nada ! Any info or updates ?? REFG
Interesting action today
Sweet I was caught up in March Madness. Big time of year for me.
The SAFE ACT was reintroduced yesterday
Yeah I mean at least remove it from schedule 1 status. The same as crack or heroin.
Well you got a 1 Party system now in US Government, and a broken US Government now with military troops surrounding the Capitol daily.
Looks to be a 3rd world Nation from the outside operating IMHO...
There are NO Leaders in this current Administration,e specialyl with any business saavy or experience in any industry...
This article was written under the Seeking Alpha investment team for CURALeaf. But IMO it also applies to this stock as well. Let's hope we get jolt in the next few weeks.
Pending legislation in Congress could benefit cannabis multi-state operators
Mar. 17, 2021 9:52 AM By: Jonathan M Block, SA News Editor
Within the next two weeks, it is likely the SAFE (Safe and Fair Enforcement) Banking Act will be reintroduced in the House of Representatives, a piece of legislation that can benefit multi-state operators (MSOs), BTIG says in a note.
Based on discussions with contacts in Washington, the firm says that reintroducing the legislation prior to April 1 means it will likely bypass committee hearings, speeding up a vote on the measure.
Because it has bipartisan support, BTIG believes the SAFE Banking Act can potentially pass both chambers of Congress by late summer.
The legislation potentially benefits MSOs in several ways, according to BTIG: the ability to deposit cash in U.S. banks; the ability to transact in credit cards instead of just cash which can translate to higher spending; increased public safety; and increased public health it would reduce the exchange of dirty cash.
"Separately, the MORE [Marijuana Opportunity Reinvestment and Expungement] Act could also get reintroduced by April 1st, but would likely have a much more difficult path to passing in the Senate," according to the note.
U.S. multi-state operators this morning: MedMen Enterprises (OTCQB:MMNFF) -4.7%; Curaleaf Holdings (OTCPK:CURLF) -0.9%; Acreage Holdings (OTCQX:ACRHF) unchanged; Harvest Health & Recreation (OTCQX:HRVSF) +1.2%; Cresco Labs (OTCQX:CRLBF) -0.6%; Green Thumb Industries (OTCQX:GTBIF) -1%.
Group Backed By Cannabis Companies Plans Lobbying Push -- Market Talk
11:58 am ET March 11, 2021 (Dow Jones) Print
1158 ET - Steven Hawkins, head of a newly formed trade group called the US Cannabis Council, tells WSJ he expects federal legislation that likely would seek to "deschedule" marijuana, or remove it from the federal government's list of controlled substances, to be introduced at least by early April. Such a move would further open up the US cannabis market and members of the new group include publicly traded pot companies like Canopy Growth and Curaleaf. Hawkins adds the group has met with some 80 members of Congress and plans further lobbying efforts. A filibuster of a future decriminalization bill in the Senate could be an obstacle, he says. (micah.maidenberg@wsj.com; @MicahMaidenberg)
(END) Dow Jones Newswires
March 11, 2021 11:58 ET (16:58 GMT)
Copyright (c) 2021 Dow Jones & Company, Inc.
I hear you and I have been waiting quickly for the day that SAFE and MORE acts are passed.
In the meantime I always wonder why this software is not used now since it contains compliancy rules in the system that tells the user what they can cannot do legally in what state. Like CO, CA. MASS, etc. In CA I bought weed a year ago and all I needed to do was to show them my "GA" license ( proof of age) and pay with either Debit, cash or check. Seems to me this software would help these dispensaries now track the funds, compliance, taxes, etc. I always scratch my head wondering why when I think about it.
cheers FX
OXIHF hemp and CBD company in Florida experiencing banking challenges also- soon to be not an issue with federal rules and banking catching up it looks like-Pioneer Green Usa
More shares of what? It's not done anything in many years? CEO never replied to letters I wrote in past years either.
CEO does not put out any filing info or PR's OTC or global newswires either??
This company had it right in the beginning, had something very special indeed as far as proprietary payment system, but as you see now with Virginia becoming next State to legalize MJ, it seems this payment system is not going to be needed/??
You are on the wrong website then, we roll nickels , dimes, sometimes pennies into quarters here
really? I ONLY get excited in $dollar moves, not pennies...
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