InvestorsHub Logo
Followers 303
Posts 18784
Boards Moderated 0
Alias Born 04/30/2013

Re: None

Wednesday, 02/05/2014 7:49:58 AM

Wednesday, February 05, 2014 7:49:58 AM

Post# of 2342188
Motley Fool likes weed play AVTC $3.76 and it actually has EARNINGS.....haha!! Here is the article:

Motley Fool Forecasts Companies Providing Cashless Payment Technology, such as AVT, set to Grow
"Systems increase in popularity, increase investor interest"
PR Newswire AVT, Inc.
February 3, 2014 9:20 AM

CORONA, Calif., Feb. 3, 2014 /PRNewswire/ -- AVT, Inc. (OTC Markets: AVTC) (www.autoretail.com), a leader in custom vending machines, automated retailing and self-service kiosks, announced that it is one of only a handful of companies that is positioned to benefit from the growing move toward a cashless society. According to The Motley Fool, one of the nation's leading stock analysis organizations, "As the trend toward a convenience and a cashless society marches on, it could shape the future for a number of stocks."

Vending MarketWatch, a leading trade publication, also wrote about the opportunity. "Investors may want to start looking at the growing market of technology companies focusing on cashless payments," the article stated. "Share prices have risen in the last year for companies who specialize in wireless credit card transaction systems."

According to the Motley Fool, a 2013 study by Tufts University found that the cost to society of using cash is over $200 billion per year in terms of fees, theft, and $31 billion in lost productivity.

And customers prefer the convenience of cashless payments.

"Currently cashless adoption is very low among vending machine owners, and the self-serve market," the article stated, noting 93% of vending machines are currently without a credit card payment option.

AVT is a leader in providing cashless payment systems, along with a complete, backend management service.

"Virtually all of our new systems feature our exclusive cashless technology," said James Winsor, CEO of AVT, Inc. "Since only 7% of vending machines currently have this technology, we believe that there is tremendous potential for AVT to grow market share by replacing and retrofitting old-style machines."

For more information on AVT, their cashless payment technology, custom vending machines, and self-service micro-stores, contact the company at (877) 424-3663, or visit the website at: www.autoretail.com.

Connect with AVT on Facebook at: https://www.facebook.com/AVTInc

Follow AVT on Twitter at: https://twitter.com/AVTIncCA

Read The Motley Fool article: http://www.fool.com/investing/general/2014/01/10/are-the-days-of-cash-numbered-these-companies-hope.aspx

Join the InvestorsHub Community

Register for free to join our community of investors and share your ideas. You will also get access to streaming quotes, interactive charts, trades, portfolio, live options flow and more tools.