Orbit Drop Starts Collecting Fees and Continues Aggressive Franchising Plan
June 07 2005 - 7:30AM
Business Wire
Orbit Drop, Inc. (Pink Sheets:OBDP) has granted three more eBay
drop-off store franchises in Tallahassee, Florida, Topeka, Kansas,
and Lafayette, Louisiana. "We're excited because we are receiving
franchise fees and depositing checks," said Cain McKnight, CEO of
Orbit Drop, Inc. "We have several deals in the pipeline to expand
in the US and internationally. Our goal is to be the world's leader
in the drop-off industry." The Wisconsin Securities Commission has
now approved Orbit Drop to commence awarding franchises. The
authorization in Wisconsin follows last week's approval in the
state of Michigan. More than 50 requests for franchises have been
submitted from the state of Wisconsin and almost 100 requests from
Michigan. People can now own an Orbit Drop franchise in both
states. Orbit Drop, Inc. is a franchisor of retail eBay
(NASDAQ:EBAY) drop-off stores. The retail Orbit Drop franchise
locations offer an easy and convenient way to sell items online. It
is most definitely an amazing concept, a store where people come to
make money, not spend it. For more information about Orbit Drop,
Inc. visit www.orbitdrop.com. Matters discussed in this press
release are "forward-looking" statements. Statements describing
objectives or goals or the Company's future plans are also
forward-looking statements and are subject to certain risks and
uncertainties, including the financial performance of the Company
and market valuations of its stock, which could cause actual
results to differ materially from those anticipated. The
information provided on this release should not be construed as an
offer of a franchise. Offers of franchises may only be made by
delivery of a franchise offering circular (prospectus), and in
certain states the offering circular must first have been
registered with a state agency that regulates the offers and sales
of franchises. The franchise is presently not being offered in the
following states: California, Hawaii, Illinois, Indiana, Maryland,
Minnesota, New York, North Dakota, Rhode Island, South Dakota,
Virginia or Washington.
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