Orbit Drop Announces Opening California Corporate eBay Drop-Off Store Next Week and Shareholder Update
24 August 2005 - 10:23PM
Business Wire
Orbit Drop, Inc. (Pink Sheets:OBDP) is excited to announce that the
California corporate store will open next week. The corporate store
will be both a training center for new franchisees and a research
and development facility for new services and obtaining items for
franchisees to auction off on eBay. Orbit Drop is also in the
process of preparing its corporate financial statements through
June 2005. Orbit Drop has hired a new CPA who is working around the
clock preparing financials that meet both Pink Sheets and SEC
requirements. Alan Weinstein, CEO of Orbit Drop, Inc., commented,
"We apologize for the delay. While we are experiencing growing
pains, we continue to look forward to our Grand Openings in
Tennessee, Oregon and California. We are completely committed to
our shareholders and franchisees. We are doing positive things to
promote the continuing success of Orbit Drop." Mr. Weinstein plans
to conduct a shareholder and investor conference call as soon as
the financial statements are completed. He will be discussing Orbit
Drop's future plans along with the current financial standing of
the company. The franchising division of Orbit Drop, Inc. has been
working diligently in developing and establishing relationships
with potential prospects. "We have been approved to grant the Orbit
Drop retail eBay drop-off franchise opportunity in 48 of the 50
states including the recent approval in the state of New York,"
said Dain Turner, VP of Franchising. "Questions about the franchise
opportunity should be directed to franchise@orbitdrop.com."
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