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CMIB.ob - Banking on Medical marijuana - general stock market

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Old 02-22-2010, 07:03 PM
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Default CMIB.ob - Banking on Medical marijuana

CMIB.ob has established a very special national marketing niche. Already approved by the government, and backed up by some very large banks, including Wells Fargo and 1st National Bank of Omaha, their program allows insurance companies to supply medical marijuana to patients. This patented process allows for tracking by the insurance companies of all funds spent by the patient on their medical marijuana and only at reputable dispensaries. CMIB.ob makes a processing fee for all transactions on each card. Commerce On Line, Inc., or CMIB.ob is the only certified processor in this industry.

Here’s how it works. CMIB supplies ATM type cards to patients that have been prescribed medical marijuana by their doctor and approved by their insurance company. The patient can only use their card at their pre-approved location. The patient uses their card to purchase their medical marijuana. Once the funds have been exhausted, upon re-approval, the card is then re-charged.

CMIB’s program is becoming so popular that other, non medical companies such as Applebees Restaurants, are signing up to use their patented process for their clients also.

Presently CMIB.ob is trading at only 14 cents a share. And it looks like the market for this technology is going to grow rapidly. Of course you want to do your research so check it out here:

CMIB.OB: Summary for COMMERCE ONLINE INC- Yahoo! Finance
Commerce Online Media

CMIB are adding new dispensaries to their client list weekly. They just added a dispensary in California that dispenses over 6 million in medical marijuana a year. Revenues are growing daily and CMIB expects to do over 100 million this year. They are aggressively searching for new dispensaries as well as other non- medical companies to add to their client list.

I hope this is helpful,

~ Wil
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Old 02-25-2010, 04:51 PM
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CMIB has added to their client list!

I apologize if I have come across as spammy in the past. I am just entheusatic about investing and about the progress of a few stocks, so In an effort to avoid coming across like that for the future, check out the news at my Blog.

~Wil
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