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Re: dollar dude post# 50036

Wednesday, 10/22/2014 1:45:49 PM

Wednesday, October 22, 2014 1:45:49 PM

Post# of 133793
I don't think the machines have been placed yet. If they had, this would be trading at ERB* levels IMO. I think our DD on Artemis so far is that they are established in the vending industry, and are developing the machines for us. There is a prototype on their website, and in time the company is looking to place them where the law allows, however this is difficult because of differing state by state regulations and concerns over how the machines will ID people. I think vending is the long term vision and they are getting a good head start in that arena, but it will take awhile. E-commerce sales seems to be the easier way for the company to go in the short term, and seems to be there focus right now based on previous PR's

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