$KOSK One Step Vending Corp. Defines Strategic Direction of a Roll up Strategy to Acquire Additional Business Locations Through Acquisition
Mon, 12 Feb 2018 13:30 GMT | GlobeNewswire | Symbol: $KOSK
HARRISON, NY, Feb. 12, 2018 (GLOBE NEWSWIRE) -- One Step Vending Corp. (OTC PINK: $KOSK), a holdings company operating in the convenience, vending, and micro markets space, is pleased to announce its new strategic direction of growing aggressively through acquisition.
“The Company has been successfully deploying markets and developing its proprietary technologies, and there is an opportunity to purchase operators that have a significant footprint of stores, that are looking to exit entirely or partially in order to achieve further growth,” stated Dan Garfinkel, CEO of One Step Vending.
The Company believes that the opportunities in the marketplace are changing rapidly, and future success will depend on technology, bringing the right product mix, as well as having the scale of a significant footprint in the market. Management believes that it has a good product mix, and will add new product to that mix. Management also believes that it has a great technological foundation. Therefore, adding locations in the current market environment makes sense.
Many operators in the industry are seeking ways to enhance revenue, and a partial sale to One Step Vending can achieve that. By growing the product offering, One Step Vending can double the revenue of a specific location. These growing revenues can offset the acquisition costs in the very near term, creating a win-win for the operator and One Step Vending.
The Company looks forward to delivering reports on their acquisitions in the near future.
Follow us on social media:
https://twitter.com/OneStepVend
https://www.facebook.com/onestepvending/
About One Step Vending Corporation
One Step Vending Corp. is a holding company focused on the acquisition of market-changing and disruptive business models. The Company supports subsidiaries with key financial, sales, marketing, and operational changes designed to accelerate growth and shareholder value. The Company has prioritized the development of Micro-Markets which are displacing vending machines with a small convenience store in thousands of offices across the Country, this transition will change the $7 billion vending industry by igniting growth in revenues and delivering fresher high-value products to meet new consumer demand.
For more information, visit http://www.onestepvending.com
About Corporate Refreshment Services-Micro Markets, Inc.
CRS-Micro Markets, Inc., a provider of a wide range of food and beverage solutions, focuses on the use of self-checkout Micro Market technology in the area of San Diego, California.
For more information, visit http://www.sdmicromarkets.com
Safe Harbor Statement
This release may contain forward-looking statements, including, without limitation, statements containing the words "believes", "anticipates", "expects", "intends", "plans", "seeks", "estimates", "may", "will", "could", "stands to" and "continues", as well as similar expressions. Such forward-looking statements may involve known and unknown risks, uncertainties and other factors which might cause the actual results, financial condition, performance or achievements of One Step Vending Corp., or industry results, to be materially different from any historic or future results, financial conditions, performance or achievements expressed or implied by such forward-looking statements. Given these uncertainties, the reader is advised not to place any undue reliance on such forward-looking statements. These forward-looking statements speak only as of the date of publication of this document. One Step Vending Corp. expressly disclaims any obligation to update any such forward-looking statements in this document to reflect any change in its expectations with regard thereto or any change in events, conditions or circumstances on which any such statement is based unless required by law or regulation.
CONTACT: Company Contact:
One Step Vending Corp.
Vasiliki Anagnostou
Secretary of the BoD
600 Mamaroneck Ave.
Harrison, NY 10528
Tel: (619) 419-1220
E-mail: info@onestepvending.com
Mon, 12 Feb 2018 13:30 GMT | GlobeNewswire | Symbol: $KOSK
HARRISON, NY, Feb. 12, 2018 (GLOBE NEWSWIRE) -- One Step Vending Corp. (OTC PINK: $KOSK), a holdings company operating in the convenience, vending, and micro markets space, is pleased to announce its new strategic direction of growing aggressively through acquisition.
“The Company has been successfully deploying markets and developing its proprietary technologies, and there is an opportunity to purchase operators that have a significant footprint of stores, that are looking to exit entirely or partially in order to achieve further growth,” stated Dan Garfinkel, CEO of One Step Vending.
The Company believes that the opportunities in the marketplace are changing rapidly, and future success will depend on technology, bringing the right product mix, as well as having the scale of a significant footprint in the market. Management believes that it has a good product mix, and will add new product to that mix. Management also believes that it has a great technological foundation. Therefore, adding locations in the current market environment makes sense.
Many operators in the industry are seeking ways to enhance revenue, and a partial sale to One Step Vending can achieve that. By growing the product offering, One Step Vending can double the revenue of a specific location. These growing revenues can offset the acquisition costs in the very near term, creating a win-win for the operator and One Step Vending.
The Company looks forward to delivering reports on their acquisitions in the near future.
Follow us on social media:
https://twitter.com/OneStepVend
https://www.facebook.com/onestepvending/
About One Step Vending Corporation
One Step Vending Corp. is a holding company focused on the acquisition of market-changing and disruptive business models. The Company supports subsidiaries with key financial, sales, marketing, and operational changes designed to accelerate growth and shareholder value. The Company has prioritized the development of Micro-Markets which are displacing vending machines with a small convenience store in thousands of offices across the Country, this transition will change the $7 billion vending industry by igniting growth in revenues and delivering fresher high-value products to meet new consumer demand.
For more information, visit http://www.onestepvending.com
About Corporate Refreshment Services-Micro Markets, Inc.
CRS-Micro Markets, Inc., a provider of a wide range of food and beverage solutions, focuses on the use of self-checkout Micro Market technology in the area of San Diego, California.
For more information, visit http://www.sdmicromarkets.com
Safe Harbor Statement
This release may contain forward-looking statements, including, without limitation, statements containing the words "believes", "anticipates", "expects", "intends", "plans", "seeks", "estimates", "may", "will", "could", "stands to" and "continues", as well as similar expressions. Such forward-looking statements may involve known and unknown risks, uncertainties and other factors which might cause the actual results, financial condition, performance or achievements of One Step Vending Corp., or industry results, to be materially different from any historic or future results, financial conditions, performance or achievements expressed or implied by such forward-looking statements. Given these uncertainties, the reader is advised not to place any undue reliance on such forward-looking statements. These forward-looking statements speak only as of the date of publication of this document. One Step Vending Corp. expressly disclaims any obligation to update any such forward-looking statements in this document to reflect any change in its expectations with regard thereto or any change in events, conditions or circumstances on which any such statement is based unless required by law or regulation.
CONTACT: Company Contact:
One Step Vending Corp.
Vasiliki Anagnostou
Secretary of the BoD
600 Mamaroneck Ave.
Harrison, NY 10528
Tel: (619) 419-1220
E-mail: info@onestepvending.com
