AVT Inc. research at the Michigan Technological University
I am an investor. I do not like gambling or speculation. Some of you out in my “blog land” like to gamble. Some of you like high speculation. So I am going to give you a series of blogs dedicated to gambling and high speculation in the birth of the legal Marijuana Industry.
Marijuana Stocks are hot this year. This happened in 2014 after Colorado opened their first public Marijuana shops that drew 2 hour lines. Cannabis is on its way to becoming legal under federal law in other states in the coming years. This 2014 Marijuana Stock surge is mainly Marijuana Penny Stocks that trade on the OTC Market.
Marijuana Stocks are hot this year. This happened in 2014 after Colorado opened their first public Marijuana shops that drew 2 hour lines. Cannabis is on its way to becoming legal under federal law in other states in the coming years. This 2014 Marijuana Stock surge is mainly Marijuana Penny Stocks that trade on the OTC Market.
In my opinion, most new growth industries start with a good many players in it. But as the industry grows and matures, few are left standing. Just look at the history of the Automobile Industry from the start of the 1900s until now. Many of the companies that was around when I was born do not exist today.
Most of the Marijuana Penny Stocks make no or little money or have revenue. But that does not mean that they could not be good investment trading vehicles. That means that they are good for buying then selling at a profit 6 months or less from purchase. On January 23, 2014, the stock sold for $3.31 with a high of $4.35 and a low of $3.31 swing in a 1 hour period. I would buy the stock under $3.00 per share and sell it above $4.00 per share.
Take a look at the AVT Forecasts for 2014 that the company claims will be a record breaking year!
CORONA, Calif., Jan. 8, 2014 /PRNewswire via COMTEX/ -- AVT, Inc. (OTC markets: AVTC) (www.autoretail.com), a leader in custom vending machines, automated retailing business opportunities, and self-service kiosks, announced that it has completed a preliminary forecast for 2014, and it is shaping up to be a banner year.
AVT is a well-diversified technology company that generates revenues from several sectors, including custom vending design and manufacturing, industry leading automated micro-stores, company owned systems, management agreements, technology licensing, and recurring income from its patented wireless connectivity.
"All of our verticals look strong for 2014," said James Winsor, CEO of AVT, Inc. "Orders from existing clients are forecast to come in between 5,000 and 7,500 units, which we forecast will produce $25-$35 million in revenues."
The company counts among its clients some of the nation's leading and best known brands from a wide variety of sectors, including retail, healthcare, food and beverage, apparel, travel and tourism, and leaders in the newly legalized marijuana industry.
Among the highlights of the 2014 forecast are thousands of systems that are going into some of the largest retail stores in the world. "We are in the initial stages of deploying our Utique stores into one of the nation's top retail chains," Winsor commented. "We also expect to almost triple our number of connectivity clients, which will produce strong monthly revenues."
The company plans on releasing more details within the first quarter.
"We believe this will be a record breaking year," said Winsor, "with revenues that will surpass anything we have seen to date."
AVT Designed a Rollasole Machine that was Featured at Golden Globes
CORONA, Calif., Jan. 23, 2014 /PRNewswire via COMTEX/ -- AVT, Inc. (otc markets: AVTC) (www.autoretail.com), a leader in custom vending machines, automated retailing, and self-service kiosks, is pleased to announce that a machine they designed and built for Rollasole was featured at the Golden Globe Awards, and has captured international media attention for its innovation, design and appeal.
The unique system dispenses pairs of the shoes, rolled up to fit in a purse, and includes a compact bag to carry home uncomfortable heels. They come in a variety of styles, sizes and colors from which patrons can select using an interactive touchscreen display.
AVT's team of engineers and designers worked with Rollasole to create a unique self-service system that would be fun, engaging, and entertaining for consumers. The first Rollasole machines were placed inside the Grand Canal Shoppes at the Venetian Resort in Las Vegas in 2012, and they have been expanding ever since.
The newest machine is located on the Las Vegas Strip outside of Fashion Show Mall. Other locations include inside Body English Nightclub at the Hard Rock Hotel and Casino, and inside Fashion Show Mall.
The Rollasole automated retailing system was featured at the Golden Globe Awards in collaboration with L'Oreal Cosmetics, and is said to be loved by many celebrities, including Hayden Panettiere, Heidi Klum, Jennifer Love Hewitt, and Natalie Portman.
To read an article on the Rollasole Vending Machines in Vending Times Magazine, visit:
For more information on Rollasole, visit: http://www.rollasole.com/vending-s/1859.htm
To connect with Rollasole on Facebook, visit: https://www.facebook.com/rollasoleusa
To connect with AVT on Facebook, visit: https://www.facebook.com/AVTInc
To follow AVT on Twitter, visit: https://twitter.com/AVTIncCA
SOURCE AVT, Inc.
Medbox Improves Product Line and Expands Inventory through Manufacturing Partner AVT, Inc.
WEST HOLLYWOOD, Calif., Jan. 7, 2014 /PRNewswire via COMTEX/ -- Medbox, Inc. (otc markets: MDBX) (www.medboxinc.com), a leader in providing industry specific consulting services and patented systems to the medical and retail industries, announced it has improved on its products for use in recreational and medical marijuana facilities.
Company executives discussed the many improvements to the Medbox machines, which shall soon be marketed as a "safe" that dispenses medicine.
"In preparing our equipment for the Canadian medical marijuana program, which require a UL rated 'safe' to secure the medicine at all times, we decided to improve our systems with electronic and biometric locks, which would aid in the safety and security of the marijuana products," stated Vincent Mehdizadeh, COO of Medbox, Inc. "The team at AVT, Inc., also a public company, has been instrumental in helping develop modifications and improvements to our existing platform that they helped us create based on the biometric dispensing machine patent I was issued in 2010."
The company also boosted its overall inventory by ordering 2 containers of machines from AVT, which will be outfitted with the proprietary technology that makes the Medbox so unique.
"We have well over 200 machine orders that have been placed by our clients. These orders are contingent on licensing approvals in the markets of Massachusetts, Washington, Colorado, Oregon, Nevada, and Illinois over the course of the next 12 months," Mehdizadeh stated. "Accordingly, we need to make sure a ready supply of machines is available for immediate delivery when the time comes."
About Medbox, Inc:
Medbox is a leader in the development, sales and service of automated, biometrically controlled dispensing and storage systems for medicine and merchandise. Medbox has offices throughout the world, including New York, Arizona, Connecticut, Massachusetts, Florida, Tokyo, London and Toronto, and has their corporate headquarters in Los Angeles.
Medbox provides their patented systems, software and consulting services to pharmacies, dispensaries, urgent care centers, drug rehab clinics, hospitals, prison systems, hospice facilities, and medical groups worldwide. In addition, through its wholly owned subsidiary, Vaporfection International, Inc. (www.vaporfection.com), the company offers an industry award winning medical vaporizer product.
Medbox, Inc. is a publicly traded company, and is quoted on the OTC Markets, ticker symbol MDBX.
For more information on Medbox, please contact the Medbox Investor Relations Department at (800) 762-1452 or go online to www.medboxinc.com.
Forward-Looking Statements: The statements in this press release constitute forward-looking statements within the meaning of federal securities laws. Such statements are based on our current beliefs and expectations and are inherently subject to significant business, economic and competitive uncertainties and contingencies, many of which are beyond our control. In addition, such forward-looking statements are subject to assumptions with respect to future business strategies and decisions that are subject to change. Potential risks and uncertainties include, but are not limited to, technical advances in the industry, political conditions and economic conditions in the states considering such legislation. We do not take any obligation to update any forward-looking statement to reflect events or developments after a forward-looking statement was made.
SOURCE Medbox, Inc.
Check my blog to find an article written by me on Medbox.
For more information on AVT and its industry-leading automated retailing systems, micro-markets, automated malls, custom vending machines, and self-service micro-stores, contact the company at (877) 424-3663, or visit the website at: www.autoretail.com.
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