Orbit Drop Cancels 62 Million Shares Outstanding
09 Juni 2005 - 12:05AM
Business Wire
Effective June 9, 2005, Orbit Drop, Inc. (Pink Sheets:OBDP) will
cancel 62 million shares reducing the outstanding to 140,550,000
million. This is the first of many steps Orbit Drop has planned to
create more value for the investors. Orbit Drop is a franchisor of
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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