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OBDP Orbit Drop Inc (CE)

0.000001
0.00 (0.00%)
13 Dec 2024 - Closed
Delayed by 15 minutes
Share Name Share Symbol Market Type
Orbit Drop Inc (CE) USOTC:OBDP OTCMarkets Common Stock
  Price Change % Change Share Price Bid Price Offer Price High Price Low Price Open Price Shares Traded Last Trade
  0.00 0.00% 0.000001 0.00 00:00:00

Orbit Drop Explores New Revenue Streams in eBay Drop-Off Store Franchise and Prepares for Expected Holiday Sales Increases

01/09/2005 6:15pm

Business Wire


Orbit Drop (CE) (USOTC:OBDP)
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Orbit Drop, Inc. (Pink Sheets:OBDP) announces that it has begun to explore the packing and shipping industry in its drop-off stores. The beta test initially set to begin in the Texas stores will commence in September. Customers will be able to drop-off product to be packed and/or shipped to their desired destination via one of several shipping companies such as UPS or USPS. The packing and shipping services will also generate more revenue and traffic to the stores. The holiday season is just around the corner and OrbitDrop is expecting its stores to experience a seasonal sales increase in the final quarter of 2005. "We are preparing for the holidays," said Paul Davies, Vice President of Orbit Drop, Inc. "It is great to help people generate funds to buy gifts for their family and friends. OrbitDrop stores do exactly that." The ability to sell items online via OrbitDrop to individuals worldwide will bring people more money than trying to sell their items locally. Individuals, businesses, and non-profit organizations can sell just about anything through an OrbitDrop store, from jewelry and antiques to cars, homes, and even boats and airplanes. The Corporate OrbitDrop eBay drop-off store in California will be open for business next week. The grand opening will take place in late September or early October. OrbitDrop is calling this store its first "B2B" store. The store is located in a corporate park and is mostly warehouse space with a retail storefront. The new model is available to franchisees that want to have a lower initial investment and overhead along with working greatly with businesses and liquidators to sell excess inventory. We also believe that many of the people working at the nearby businesses will find it convenient to sell their items at a store close to their workplace. The address to the new store will be posted on the website next week when we are open for business. For more information about Orbit Drop, Inc. visit www.orbitdrop.com

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