Not sure why the stock went down after this? One
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Posted On: 04/01/2017 12:08:21 AM
Not sure why the stock went down after this?
One Step Vending Corp. Press Release:
San Diego, CA, March 17, 2017 (GLOBE NEWSWIRE) — One Step Vending Corp. (KOSK), a holdings company specializing in market disruptive acquisitions with an emphasis in the self-serve vending market, just finished installing a new micro market at Cushman Wakefield in San Diego, CA. In addition, the Company started a 20-day trial with a large, private, Michigan-based water company, which could add up to 150 micro market locations if successful.
The company’s recent Cushman Wakefield installation will service 110 employees, which fits comfortably within the range a micro market can profitably serve. This further shows the success that One Step Vending Corp. has had with its recent marketing initiatives in the San Diego area.
Additionally, the company shipped a trial micro market to a Michigan-based water company with over a hundred years of operating history and corporate connections. If the 20-day trial period is successful, the company is negotiating for a micro market package including up to 150 installations.
As the company installs more micro markets, its revenue base grows, which will allow for heavier reinvestment in national marketing campaigns. The rapid progress being made with these installations is making management optimistic for a more rapid move from the West Coast across the country.
CEO Daniel Garfinkel said, “If we can grab a piece of the market in Michigan, we are better positioned to reach other large Midwestern and East Coast companies. In addition to having our markets physically closer in proximity, the additional revenue these markets generate can be used as growth capital to help us market more heavily.....
One Step Vending Corp. Press Release:
San Diego, CA, March 17, 2017 (GLOBE NEWSWIRE) — One Step Vending Corp. (KOSK), a holdings company specializing in market disruptive acquisitions with an emphasis in the self-serve vending market, just finished installing a new micro market at Cushman Wakefield in San Diego, CA. In addition, the Company started a 20-day trial with a large, private, Michigan-based water company, which could add up to 150 micro market locations if successful.
The company’s recent Cushman Wakefield installation will service 110 employees, which fits comfortably within the range a micro market can profitably serve. This further shows the success that One Step Vending Corp. has had with its recent marketing initiatives in the San Diego area.
Additionally, the company shipped a trial micro market to a Michigan-based water company with over a hundred years of operating history and corporate connections. If the 20-day trial period is successful, the company is negotiating for a micro market package including up to 150 installations.
As the company installs more micro markets, its revenue base grows, which will allow for heavier reinvestment in national marketing campaigns. The rapid progress being made with these installations is making management optimistic for a more rapid move from the West Coast across the country.
CEO Daniel Garfinkel said, “If we can grab a piece of the market in Michigan, we are better positioned to reach other large Midwestern and East Coast companies. In addition to having our markets physically closer in proximity, the additional revenue these markets generate can be used as growth capital to help us market more heavily.....
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