DNYS News .12 Cyber-Thingy™ Executes Distribu
Post# of 144499
DNYS News .12
Cyber-Thingy™ Executes Distribution Agreement With American First Equity Inc. To Place 1,000 Kiosk Machines
2013-01-07 08:00 ET - News Release
THE DISTRIBUTION AGREEMENT IS VALUED AT AN ESTIMATED $12,000,000 IN ANNUAL REVENUES FOR CYBER-THINGY™ CORAL SPRINGS, Fla., Jan. 7, 2013 /PRNewswire/ -- Dynasty Limousine, Inc. (PinkSheets: DNYS) is pleased to announce its wholly owned subsidiary Cyber-Thingy™ has executed a distribution agreement with American First Equity, Inc., (a 7.5 year old company in the business of distributing gas, oil, credit card processing services, ATM placement services) to place 1,000 financial kiosks by the end of September 2013. Once a machine is installed and operational for 3 months, Cyber-Thingy™ will receive a monthly revenue share of approximately $1,000 per month per machine. If there is any kiosk machines that are under-performing, American First Equity Inc. will move them to other more profitable locations. The terms of the Agreement require Cyber-Thingy™ to deliver 3 fully customized operational machines to American First Equity by the end of January for testing. Once American First Equity has fully tested the machines and all changes are agreed to, Cyber-Thingy™ shall begin delivering 100 machines per month beginning April 1, 2013 for the first 4 months, then 200 machines for the next 3 months ending in September 2013. One of the unique opportunities offered by the kiosk is that, the Company's software can be updated remotely. Cyber-Thingy™ will also offer distribution to other online service providers that do not have their services offered at these locations which will enhance the revenue generated per machine.