Now we are looking at two companies together: AVTC and MDBX:
AVT, Inc. (OTC: AVTC) . . . and . . .
Medbox, Inc. (OTC: MDBX)
Now let me explain why we are taking these together and why we mention Medbox even though it is trading over $37 as we write this. First AVTC is a “limited information” Pink Sheet stock. There are certain risks that go with that. Know them and understand them. Medbox is also a Pink Sheet stock, but OTC Markets does not list them as “limited information.”
First off, I like the technology here. AVT Inc. has some great machines. Let’s look at some:
Let’s look at the Medbox machine:
Both of these companies are putting out press releases, including one together for the Medbox.
Here is part of that release:
AVT, Inc. (OTC Markets: AVTC) (www.autoretail.com), a technology leader in developing automated retailing systems, customized kiosks and micro-stores; and Medbox, Inc. (OTC Markets: MDBX) (www.medboxinc.com), a leader in providing consulting services and patented systems to the medical and retail industries, jointly announced the development of a new system that will improve the process of storing and dispensing prescription medicine samples in doctor’s offices nationwide.
The Medbox “Sample Safe” was developed for Medbox by AVT, based on Medbox’s patent pending design, and is for use in doctor’s offices where samples of prescription medications are commonly misappropriated or not tracked. The unit offers precise inventory control through the use of biometric identification security, and an unalterable internal record keeping system.
We will keep watching both of these!