AVT Chairman and Founder Comments on Their Record Trading Day
Stock soars as record number of shares are traded
CORONA, Calif., Dec. 14, 2012 /PRNewswire/ -- AVT, Inc. (OTC Pink Sheets: AVTC) (www.autoretail.com) Founder and Chairman, Shannon Illingworth , commented on the company's two consecutive days of record trading. On December 12th, the company's stock broke a trading volume record with over 210,00 shares transacted – and the price surging up 52%. The next day, over 692,000 shares traded and the price soared up over 89%.
"Since the first day we opened for business and had just a couple of employees, we had a vision of where we wanted to take this company," Illingworth commented. "It's not always easy being a pioneer and spending your time and money developing products that few others are even thinking about, but that's exactly what we did.
"We wanted to create a way for an average person to start their own business – with only a small investment - so it would be available to anyone with ambition. We wanted to help men and women become their own boss, with a business they could be proud of, and literally reach for the American dream.
"So we developed the concept of Automated Retailing, which allows an entrepreneur to start a business without any of the hurdles that face most new start-ups, and sell virtually anything to anyone, anywhere and anytime.
"Today, Automated Retailing is one of the fastest growing segments of the economy, and I'm proud of the fact that we've helped people start and succeed in their own businesses.
"AVT embodies the spirit of entrepreneurship – where people of any background can work hard, make smart decisions, and reap the rewards. That's what made America great.
"I believe that AVT is helping rebuild America. In our nation's great recession, we witnessed countless people take a long, hard look at their life and realize that they could no longer count on a paycheck or a steady job. At AVT, we spoke to these people everyday. We listened to them speak about their dreams, and we shared their enthusiasm for their vision. Whether they wanted to sell something as simple as freshly popped popcorn or as exotic as caviar, or had an idea to create an automated pharmacist's assistant to help make prescription medicines available to patients quicker and easier, we worked hard to help them realize their dreams.
"Now, AVT is expanding – and developing new products and revenue streams that should make our company even stronger in the years to come.
"Our most recent quarters have all been strong, but I believe that our best days are still ahead. We will be announcing plans in the coming weeks about several new divisions that will focus on specific high-growth areas. We believe that these new divisions will not only complement our current offerings, but will help our revenues grow exponentially.
"And lastly, to our investors, I say thank you. We knew that eventually the world take notice and our stock value would grow. You've stayed with us through the lean years, and I hope you are now enjoying these wonderful days of our mutual success."
AVT, Inc. is a high quality leader in the automated retailing industry, offering technology solutions at 50% less than the best-known competitor.
AVT is able to work with any size company to design a custom automated retailing solution that drives traffic, increases sales, improves security, and lowers overhead. With an in-house design team, software developers, mechanical engineers and on-site manufacturing, AVT can take projects from concept to completion with speed and cost efficiency.
AVT's stock is traded through the OTC Bulletin Board Markets, Ticker Symbol: AVTC.OB.
For more information on AVT, custom vending, or the Automated Retailing Industry, visit www.autoretail.com or call the Investor Relations Department at 800-240-5175.
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"This press release contains forward-looking statements, particularly as related to, among other things, the business plans of the Company, statements relating to goals, plans and projections regarding the Company's financial position and business strategy. The words or phrases "believe," "think", "should" or similar expressions are intended to identify "forward-looking statements." These forward-looking statements fall within the meaning of Section 27A of the Securities Act of 1933 and Section 21E of the Securities Act of 1934 and are subject to the safe harbor created by these sections. Actual results could differ materially from those projected in the forward-looking statements as a result of a number of risks and uncertainties. Such forward-looking statements are based on current expectations, involve known and unknown risks, a reliance on third parties for information, transactions or orders that may be cancelled, and other factors that may cause our actual results, performance or achievements, or developments in our industry, to differ materially from the anticipated results, performance or achievements expressed or implied by such forward-looking statements. The Company cautions readers not to place undue reliance on such statements. The Company does not undertake, and the Company specifically disclaims any obligation, to update any forward-looking statements to reflect occurrences, developments, unanticipated events or circumstances after the date of such statement. Actual results may differ materially from the Company's expectations and estimates.
SOURCE AVT, Inc.
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