OTCPK:REFG

Stock Analysis Report

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Medical Cannabis Payment Solutions

Executive Summary

Medical Cannabis Payment Solutions, Inc. develops and markets a payment system for medical cannabis transactions.


Snowflake Analysis

Mediocre balance sheet with weak fundamentals.

Share Price & News

How has Medical Cannabis Payment Solutions's share price performed over time and what events caused price changes?


Latest Share Price and Events

Stable Share Price: REFG's share price has been volatile over the past 3 months.


Market Performance


7 Day Return

14.0%

REFG

2.2%

US IT

2.8%

US Market


1 Year Return

-74.1%

REFG

20.5%

US IT

9.3%

US Market

Return vs Industry: REFG underperformed the US IT industry which returned 19.4% over the past year.

Return vs Market: REFG underperformed the US Market which returned 9.9% over the past year.


Shareholder returns

REFGIndustryMarket
7 Day14.0%2.2%2.8%
30 Day23.9%13.2%8.9%
90 Day0%5.6%-0.5%
1 Year-74.1%-74.1%21.8%20.5%11.8%9.3%
3 Year-92.5%-92.5%89.6%81.9%31.4%22.7%
5 Year-92.8%-92.8%130.3%109.7%58.7%40.9%

Price Volatility Vs. Market

How volatile is Medical Cannabis Payment Solutions's share price compared to the market and industry in the last 5 years?


Simply Wall St News

No news available

Valuation

Is Medical Cannabis Payment Solutions undervalued compared to its fair value and its price relative to the market?


In this section, we usually try to help investors determine whether Medical Cannabis Payment Solutions is trading at an attractive price based on the cash flow it is expected to produce in the future. But as Medical Cannabis Payment Solutions has not provided consistent financial data, and the stock also has no analyst forecast or coverage, its intrinsic value cannot be reliably calculated by extrapolating past data or using analyst consensus cash flow predictions.

This is quite a rare situation as 89% of companies covered by Simply Wall St do have a valuation analysis.


Next Steps

  • Take a look at our analysis of REFG’s management and see if the CEO’s compensation is within a reasonable range, who is on the board and if insiders have been trading lately.
  • When valuing a company like this, investors focus more on how they perceive the size of the opportunity, the company's ability to deliver and scale, and the strength of the team. While we are not analysing this type of data at the moment, if you don’t know where to start, we recommend reading through Medical Cannabis Payment Solutions regulatory filings here.
  • Explore potentially undervalued companies in the Software industry.

Future Growth

How is Medical Cannabis Payment Solutions forecast to perform in the next 1 to 3 years based on estimates from 0 analysts?

24.6%

Forecasted Software industry annual growth in earnings


In this section we usually present revenue and earnings growth projections based on the consensus estimates of professional analysts to help investors understand the company’s ability to generate profit. But as Medical Cannabis Payment Solutions has not provided enough past data and has no analyst forecast, its future earnings cannot be reliably calculated by extrapolating past data or using analyst predictions.

This is quite a rare situation as 97% of companies covered by SimplyWall St do have past financial data.


Next Steps

  • Take a look at our analysis of REFG’s management and see if the CEO’s compensation is within a reasonable range, who is on the board and if insiders have been trading lately.
  • While we do not consider unaudited financials to be a reliable enough to include in our analysis, you can access them on the OTC Markets Website. If you are looking for more of a qualitative research into the company, you can access Medical Cannabis Payment Solutions's filings and announcements here.
  • Explore growth companies in the Software industry.

Past Performance

How has Medical Cannabis Payment Solutions performed over the past 5 years?

9.5%

Historical Software annual earnings growth


In this section we usually display a company’s past earnings and revenues to help investors visualise the trend through time. We also gauge the company’s performance by benchmarking its returns and growth to its industry peers and the wider market. However, Medical Cannabis Payment Solutions has not provided sufficient past data to assess its track record.

This is quite a rare situation as 97% of companies covered by Simply Wall St do have historical data.


Next Steps

Financial Health

How is Medical Cannabis Payment Solutions's financial position?


In this section we usually analyse Medical Cannabis Payment Solutions's finance health to determine how well-positioned it is against times of financial distress, in particular, its ability to manage its cash and debt levels. Medical Cannabis Payment Solutions has not provided adequate balance sheet data, its financial health cannot be properly assessed as it.

This is quite a rare situation as 97% of companies covered by Simply Wall St do have financial information.


Next Steps

  • Take a look at our analysis of REFG’s management and see if the CEO’s compensation is within a reasonable range, who is on the board and if insiders have been trading lately.
  • Investors tend to look at the financial health of a company this size in order to assess the sustainability of its current operations. While we do not consider unaudited financials to be a reliable enough to include in our analysis, you can access them on the OTC Markets Website.
  • Financial health is measured at one point in time, so the latest financial report is the best representation of the company’s current financial status. Check when Medical Cannabis Payment Solutions's financial data was last updated here.
  • Explore more healthy companies in the Software industry.

Dividend

What is Medical Cannabis Payment Solutions's current dividend yield, its reliability and sustainability?


Dividend Yield vs Market

Notable Dividend: Unable to evaluate REFG's dividend yield against the bottom 25% of dividend payers, as the company has not reported any recent payouts.

High Dividend: Unable to evaluate REFG's dividend yield against the top 25% of dividend payers, as the company has not reported any recent payouts.


Stability and Growth of Payments

Stable Dividend: Insufficient data to determine if REFG's dividends per share have been stable in the past.

Growing Dividend: Insufficient data to determine if REFG's dividend payments have been increasing.


Current Payout to Shareholders

Dividend Coverage: Insufficient data to calculate payout ratio to determine if its dividend payments are covered by earnings.


Future Payout to Shareholders

Future Dividend Coverage: No need to calculate the sustainability of REFG's dividend in 3 years as they are not forecast to pay a notable one for the US market.


Next Steps

Management

How experienced are the management team and are they aligned to shareholders interests?

6.9yrs

Average management tenure


CEO

Jeremy Roberts

6.92yrs

Tenure

Mr. Jeremy Roberts serves as Chief Executive Officer and President at Medical Cannabis Payment Solutions, Inc. He studied Spanish and political science at the University of Utah from 1998 to 2002. 


Leadership Team

NamePositionTenureCompensationOwnership
Jeremy Roberts
CEO & President6.92yrsno datano data
Tyler Young
Chief Technology Officer6.92yrsno datano data
Sean Hullinger
Corporate Counsel and Secretary6.92yrsno datano data

6.9yrs

Average Tenure

Experienced Management: REFG's management team is seasoned and experienced (6.9 years average tenure).


Board Members

NamePositionTenureCompensationOwnership
Gary Johnson
Member of Advisory Board5.92yrsno datano data
Curtis Bramble
Chairman of Advisory Board6.33yrsno datano data
Mike Haridopolos
Member of Advisory Board1.92yrsno datano data
Bruce Starr
Member of Advisory Board3.25yrsno datano data
James Gray
Member of Advisory Board5.83yrsno datano data

5.8yrs

Average Tenure

Experienced Board: REFG's board of directors are considered experienced (5.8 years average tenure).


Ownership

Who are the major shareholders and have insiders been buying or selling?


Insider Trading Volume

Insider Buying: Insufficient data to determine if insiders have bought more shares than they have sold in the past 3 months.


Ownership Breakdown

Dilution of Shares: Shareholders have not been meaningfully diluted in the past year.


Top Shareholders

Company Information

Medical Cannabis Payment Solutions, Inc.'s company bio, employee growth, exchange listings and data sources


Key Information

  • Name: Medical Cannabis Payment Solutions, Inc.
  • Ticker: REFG
  • Exchange: OTCPK
  • Founded: 2013
  • Industry: Data Processing and Outsourced Services
  • Sector: Software
  • Market Cap: US$2.699m
  • Shares outstanding: 473.47m
  • Website: https://paywithgo.com

Number of Employees


Location

  • Medical Cannabis Payment Solutions, Inc.
  • 5516 Fort Apache Road
  • Suite 130
  • Cheyenne
  • Wyoming
  • 82001
  • United States

Listings

TickerExchangePrimary SecuritySecurity TypeCountryCurrencyListed on
REFGOTCPK (Pink Sheets LLC)YesCommon StockUSUSDAug 2013

Biography

Medical Cannabis Payment Solutions, Inc. develops and markets a payment system for medical cannabis transactions. Its solution assists in the state tracking of sales, collection of tax, and supervision of sales to consumers. The company was incorporated in 2013 and is based in Cheyenne, Wyoming. 


Company Analysis and Financial Data Status

All financial data provided by Standard & Poor's Capital IQ.
DataLast Updated (UTC time)
Company Analysis2020/06/02 04:42
End of Day Share Price2020/06/01 00:00
Earnings2017/12/31
Annual Earnings2017/12/31


Unless specified all financial data is based on a yearly period but updated quarterly. This is known as Trailing Twelve Month (TTM) or Last Twelve Month (LTM) Data. Learn more here.