posted
Seems like a good idea? Most companies associated with Ebay do really well. Lots of positive pr's and it seems like they have a sound plan. Any opinions?
Posts: 42 | Registered: Jan 2005
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posted
LOL....i'm witcha, jballs. Grabbed some yesterday @ 1.33 when OBDP showed up as the 'birdie' pick. My bro' is in for 1.30 as well....lookin' for much higher.
Posts: 323 | Registered: May 2004
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posted
Here are just a few of their latest press releases. There are a ton more on yahoo and their website orbitdrop.com
Press Release Source: Orbit Drop Inc.
Orbit Drop Receives Additional Franchise Requests in Anticipation of UFOC Wednesday January 26, 4:01 pm ET
DALLAS--(BUSINESS WIRE)--Jan. 26, 2005--Orbit Drop Inc. (Pink SheetsBDP - News) announced today that there have been additional requests for franchise information in expectation of the pending receipt of the Uniform Franchise Offering Circular (UFOC). The updated franchise information request numbers to date are 80 area developers (15 per developer) and 400 single store franchises for a total of 1,600 potential franchisees. These requests have come from Texas, Maryland, Illinois, Florida, Utah, California, Ohio, Wisconsin, New Jersey, New York, Arizona, Colorado, Kansas, Montana, Oklahoma, Pennsylvania and North Carolina. Management is excited about the better-than-anticipated responses to owning a franchise. The response substantiates the belief that there is an enormous demand for Internet-based businesses that use drop-off locations. The Company will continue corporate expansion plans and provide potential franchisees with all disclosure documents soon after the finalization of the UFOC.
Orbit Drop Inc. fills the demand for a professional and convenient method of participating in the eBay on-line marketing. By using experienced eBay auctioneers and actually taking possession of the items to be auctioned, Orbit Drop eliminates the hassle and wasted time associated with turning surplus goods into cash. This exciting and cost-effective method of marketing is currently available to franchisees.
Orbit Drop Inc. is a principal eBay drop-off service with existing stores in Dallas and Houston. Orbit Drop makes selling on eBay easy and convenient, giving customers the ability to simply drop off their unwanted surplus goods and turn these items into cash.
Matters discussed in this press release are "forward-looking" statements. Statements describing objectives or goals or the Company's future plans are also forward-looking statements and are subject to certain risks and uncertainties, including the financial performance of the Company and market valuations of its stock, which could cause actual results to differ materially from those anticipated.
------------------------------------------------------------------------ -------- Contact: Orbit Drop Inc., Dallas Stacey Dolezal, 214-303-1880
Press Release Source: Orbit Drop Inc.
Orbit Drop Inc. Announces Coverage by OTC Value Watch With Buy Recommendation and Price Target of $4.00. Wednesday January 5, 3:48 pm ET
DALLAS--(BUSINESS WIRE)--Jan. 5, 2005--Orbit Drop Inc. (Pink SheetsBDP - News) announced today that the full text of a research report prepared by OTC Value Watch will be available for review next week. Orbit Drop Inc. is a principal eBay drop-off service with existing stores in Dallas and Houston. Orbit Drop makes shopping on eBay easy and convenient, giving customers the ability to simply drop off their unwanted surplus goods and turn these items into cash.
Matters discussed in this press release are "forward-looking" statements. Statements describing objectives or goals or the Company's future plans are also forward-looking statements and are subject to certain risks and uncertainties, including the financial performance of the Company and market valuations of its stock, which could cause actual results to differ materially from those anticipated.
------------------------------------------------------------------------ -------- Contact: Orbit Drop Inc., Dallas Stacey Dolezal, 214-303-1880
Posts: 42 | Registered: Jan 2005
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posted
I'm looking at this one as more of a long term hold, there seems to be a lot of potential and growth possibilities for this one! Any technical analysis by any of our veverable stock gods is greatly appreciated!
Posts: 42 | Registered: Jan 2005
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posted
Anyone else in on this one? Used to be VQPI, till the name change. They just released another promising PR. I'm having a hard time finding any info as to insider holdings and outstanding shares. Anyone out there care to help a brother out? Thanks
Posts: 42 | Registered: Jan 2005
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posted
Just got in on this one myself for the long term. Good business plan and good partner. Looks very positive, got in at 1.34 and I expect it to go much higher with patience IMHO.
-------------------- I Plan to Never Fall Short.....Again. Posts: 47 | From: Oklahoma City | Registered: Jan 2005
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posted
Yeah, that is what I think. If this thing takes off nationwide, or worldwide even, it could be HUGE. I know tons of people who are scared of computers and Ebay but would like to sell things online. The only thing that bothers me is that I can't seem to find any info on the share structure of this company. Even though I view this as a long term investment, I am trying to wait for a good entry point. However, the price seems to be holding steady. I may have to up my limit price a bit if this continues to hold. Posts: 42 | Registered: Jan 2005
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I can find any info on share structure or financials either, but that is how quite a bit of these pink sheet stocks are. The only idea I have is to contact the investor relations department and ask for the information. Maybe they will be kind enough to give it out. I'll post the link in a few.
-------------------- I Plan to Never Fall Short.....Again. Posts: 47 | From: Oklahoma City | Registered: Jan 2005
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OBDP: The Next Wave of the Ebay Revolution Has Arrived! Authorized Ebay Reseller Drop-Off Stores—eBay CEO Meg Whitman says: “We’re excited about this”
Orbit Drop, Inc. (OTC Pink Sheets Symbol: OBDP), through its authorized eBay (NASD: EBAY) reseller drop-off stores, is “tapping into an untouched market: people who want to sell on eBay but don’t have the time—or don’t want the hassle of photographing their items, listing them online, answering buyers’ questions and shipping what’s sold,” according to the Miami Herald.com on May, 31st, 2004.
Orbit Drop makes using eBay easy for the millions of Americans who aren’t computer-savvy, have a digital camera, or who don’t want to put banking, credit card and other personal information on the internet. And eBay is happy to see the drop-off stores springing up. As eBay spokesman Hani Durzy has stated: “We’re excited about the possibility of these stores being able to bring some people to the eBay marketplace that up until now have not been able to participate in it.”
eBay sold over $24 Billion in goods in 2003!! Durzy said, “22 million items are available on the site at all times” (Courier-Journal.com May 10, ’04). eBay claims to have 41.2 million active users and over 100 million registered users (Forbes.Com, 5/5/04). However, only about 8% are sellers. With Orbit Drop and other authorized eBay drop-off stores, entrepreneurs expect that number to increase dramatically—and with fees ranging from “20-40% of the sale price, that can add up to a lot of money.” (Forbes.com 5/5/04) . With eBay estimating $10 Billion per year in consignment sales from drop-off stores, that could add up to $2-4 Billion in yearly revenues!!
BUSINESS PLAN
Orbit Drop, Inc. has drop-off stores in Dallas and Houston, Texas, and plans to offer franchises around the country. People will drop the items off at the store, and then Orbit Drop will do the research for pricing and description, then take digital photographs, write the ad copy, and set-up the auction process on eBay. When the transaction is complete, OBDP will ship the goods to the highest bidder and then send the check to the seller. Also, the Company plans to increase revenues through the sale of franchises and the subsequent royalties derived from the new stores.
As Bankrate.com states, “These ‘brick-to-click’ storefront drop-off centers are springing up from coast to coast.” (4/19/04). These stores offer a more attractive option than Goodwill, the Salvation Army, and garage/estate sales—there is the potential to make a lot more money on eBay than these alternatives. OBDP will be one of the first publicly-traded companies in this explosive new retailing phenomenon with eBay!!
The authorized eBay drop-off stores have the potential to start a new class of retailing. As the Dallas News.com reported, “The notion of new and repeat customers has eBay Inc. officials embracing the offline growth of its business, even though the company has no plans to open any drop-off stores of its own.” As eBay spokesman Hani Durzy says: “There is an opportunity for anyone to open a store and survive and thrive. People like selling stuff on eBay. Why not help them out?” “With close to 200 drop-off stores in the United States, Mr. Durzy said he expects many more to open.” (Dallas News.com, 4/19/04).
“We’re excited about this,” eBay Chief Executive Meg Whitman said at a Goldman Sachs investor conference in Phoenix. “Clearly they are getting an incremental customer that would have never come to eBay on their own.” EBay estimates that consignment sales through drop-off stores may reach $10 Billion per year—which would yield $700 Million in revenues to eBay. (NashvilleCityPaper.com, 3/10/04.)
- Hassle-free authorized eBay selling experience.
- Access to 100 million registered global eBay buyers.
- Revenue streams from franchise and royalty fees.
- Opportunity to significantly increase the current 8%
- base of eBay sellers, plus adding new and repeat clients.
- Fees of 20-38%. Industry could generate $2-4 billion!
- eBay estimates 10 Billion / year in consignment sales from drop off stores. $700 Million in revenues to eBay.
- Investors have a chance to get in on the ground floor, as - OBDP is one of the first publicly-traded companies in this hot new national retail phenomenon with eBay!!
This article was retreived from www.smallcapsnews.com and was the feature company for today. The share price of .97 is not accurate anymore. The last pps was 1.33 when I checked. Just thought you guys might want to see the article on this one.
-------------------- I Plan to Never Fall Short.....Again. Posts: 47 | From: Oklahoma City | Registered: Jan 2005
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posted
Thanks for the info. I have already went them an email asking for share information, insider holding info., plans to get onto a larger exchange, and financial info. If I get an email back, I will post the reply here. Thanks for all the replies and searching you have done as well!
Posts: 42 | Registered: Jan 2005
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posted
Man, every time I buy into a stock lately, it tanks about 5 mins. after my order fills. I am having the worst run ever with my entry points lately. I guess I'm not too worried, I plan on holding this for some time since I think that if it takes off, it could be big. It just really irritates me that I could have gotten in much cheaper! Posts: 42 | Registered: Jan 2005
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posted
Same thing happened to me, few minutes after I bought in it dropped like a rock! Not too worried though, because this should have great potential for the long term.
-------------------- I Plan to Never Fall Short.....Again. Posts: 47 | From: Oklahoma City | Registered: Jan 2005
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posted
Nice to know I'm not alone. Always good to have someone to cry in your beer with I hope you're right for next week, I'm cautiously optimistic as well. If you're interested, I started a thread on this stock over at investorshub.com Seems to be a few nice folks over there that were looking for a board on OBDP and I just happened to fill their order so to speak. Check it out if you're interested.
Posts: 42 | Registered: Jan 2005
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posted
Good concept, I know alot of people that want to get rid of things but just hasn't the time or know-how to list on E-Bay. Here's their only file that I can find because of this being a ground floor idea and beginning. https://www.otcstockinfo.com/repository/654809/654809_FR1.pdf
-------------------- TI AKERS , WHERE ARE YOU!!! Posts: 899 | From: FT. Wayne to Raleigh-1986 | Registered: Feb 2003
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posted
OBDP news this morning! Signed lease in Paris - first foothold internationally!
January 31, 2005 08:02 AM US Eastern Timezone
Orbit Drop Signs Lease for the First International Drop-off Store in Paris, France
DALLAS--(BUSINESS WIRE)--Jan. 31, 2005--Orbit Drop, Inc. (Pink Sheets:OBDP) has completed the initial step of its plan to develop a strong international market by signing the lease for its first drop-off store located in the exclusive Champs-Elysees area, The Right Bank, Paris, France. The address is 37bis rue de Ponthieu, Paris, France 75008. The 2.6 mile promenade was the traditional site for the aristocracy to parade its wealth; both the businesses and the pedestrians are celebrated by their placement on the most celebrated promenade in the world. This type of location fits perfectly with the appearance and type of store that Orbit Drop wants to bring to its customers in France.
Orbit Drop welcomes Paris, France to our growing family of Company owned on-line marketing drop-off stores. The first step to completing Orbit Drop's plan to open strategic, international stores is securing the first location in Paris, France. The lease has been signed and, after months of due diligence, Orbit Drop plans to open this store in the Champs-Elysees area of Paris, France to take advantage of the extra-wide sidewalks and convenient, familiar surroundings for its customers.
Because eBay is growing throughout Europe at a very fast pace, Orbit Drop plans to develop Corporate stores and, by establishing its presence in Europe, become the leader by teaching the European public how to use on-line marketing as a tool to link both buyers and sellers and create a familiarity and trust with this new marketing tool. By developing Corporate stores in Europe, Orbit Drop will establish a foundation for training franchisees and increase the use of the internet by raising public awareness, trust and knowledge about internet based marketing.
Orbit Drop, Inc. is a principal eBay drop-off service with existing stores in Dallas and Houston. Orbit Drop makes selling on eBay easy and convenient, giving customers the ability to simply drop off their unwanted surplus goods and turn these items into cash.
Orbit Drop Acquires Success Direct TV Monday January 31, 4:28 pm ET
DALLAS--(BUSINESS WIRE)--Jan. 31, 2005--Orbit Drop Inc. (Pink Sheets:OBDP - News) today announced the acquisition of Success Direct TV. Further details of the purchase will be released at a later date. Success Direct TV is a multi-channel direct marketing agency specializing in eliminating the "middle man" by taking its products directly to the public. The Company has enjoyed financial success and media acclaim in the U.S. and abroad, serving its diverse client base. By offering an ever-expanding range of products and services, Success Direct opens many new markets to Orbit Drop. Success Direct TV's record of success began with a single unique product, Butterfly Abs, the worldwide Electronic Muscular Stimulation (EMS) sensation. This flagship product, which has generated revenues of $4,700,000, has served as a springboard to launch numerous products. In 2004, Success Direct introduced Pyramid Power, SKYN and Infinite Reflections, which have all been well received with additional products under development.
With forecasted revenues exceeding $10,000,000 for 2005, Success Direct TV is a very attractive acquisition for Orbit Drop. By utilizing the existing direct marketing network that Success Direct TV has in place, Orbit Drop plans to merge the direct marketing business with its own online marketing business and offer Success Direct's products on their Web site. With its vast experience in commercials and info-commercials, Success Direct TV will be able to originate an exciting TV commercial that will advertise Orbit Drop's International Marketing Plan.
Orbit Drop will use the financial base of Success Direct TV to strengthen its revenues and be more attractive to potential Franchisees when reviewing the UFOC. Management is excited about recent events and will continue to strive to increase shareholder value through acquisitions and expansion.
Orbit Drop Inc. is a principal eBay drop-off service with existing stores in Dallas and Houston. Orbit Drop makes selling on eBay easy and convenient, giving customers the ability to simply drop off their unwanted surplus goods and turn these items into cash.
Matters discussed in this press release are "forward-looking" statements. Statements describing objectives or goals or the Company's future plans are also forward-looking statements and are subject to certain risks and uncertainties, including the financial performance of the Company and market valuations of its stock, which could cause actual results to differ materially from those anticipated.
-------------------------------------------------------------------------------- Contact: Orbit Drop Inc., Dallas Stacey Dolezal, 214-303-1880
Posts: 42 | Registered: Jan 2005
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posted
Great news - increasing 2005 revenues by $10 MILLION (forecasted) with this acquisition... Looking better and better for OBDP with each news release!
Posts: 323 | Registered: May 2004
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<tradealot77>
unregistered
posted
down to .55????
do yall still have faith because i got in a 1.30....and as of now.......im not doing so good
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Keep the faith! This is a long term holder. Look at it this way, now is the time to stock up while it is cheap beacause it will go up. Too much potential not to.
-------------------- I Plan to Never Fall Short.....Again. Posts: 47 | From: Oklahoma City | Registered: Jan 2005
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Orbit Drop's UFOC Now Completed Tuesday February 1, 4:01 pm ET Orbit Drop Registers with Dunn & Bradstreet
DALLAS--(BUSINESS WIRE)--Feb. 1, 2005--The Orbit Drop Inc. (Pink Sheets:OBDP - News) Uniform Franchise Offering Circular (UFOC) has been completed. The completion of the UFOC is an enormous stride for Orbit Drop in its effort to offer franchises to the thousands around the world who have expressed interest. The next step for Orbit Drop is to finalize area developer, single franchise agreements and the ten-day letter. These documents are yet another step needed to offer to franchises and should be completed by weeks end.
To aid in the development of franchise marketing data, training and operations manuals, Orbit Drop has been in negotiations with several franchise development companies. Orbit Drop will announce its decision later this week.
To date Orbit Drop has received a grand total of 678 requests for franchise information around the world representing a potential of 3,170 franchises: 178 area developers (15 stores per area developer) and 500 single stores.
Orbit Drop also wants to announce its Dunn & Bradstreet number 170460625. This Dunn & Bradstreet number enables investors to follow the financial growth and expansion of Orbit Drop as it progresses forward.
Orbit Drop Inc. is a principal eBay drop-off service with existing stores in Dallas and Houston. Orbit Drop makes selling on eBay easy and convenient, giving customers the ability to simply drop off their unwanted surplus goods and turn these items into cash.
Matters discussed in this press release are "forward-looking" statements. Statements describing objectives or goals or the Company's future plans are also forward-looking statements and are subject to certain risks and uncertainties, including the financial performance of the Company and market valuations of its stock, which could cause actual results to differ materially from those anticipated.
-------------------------------------------------------------------------------- Contact: Orbit Drop Inc., Dallas Stacey Dolezal, 214-303-1880
Posts: 42 | Registered: Jan 2005
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posted
The one I mentioned around Raleigh turns out it's just someone who thought it was a good idea and started their own store. Which is good because it shows the direction of E-Bays future growth plans by expanding thru smaller branches to be all it can.
-------------------- TI AKERS , WHERE ARE YOU!!! Posts: 899 | From: FT. Wayne to Raleigh-1986 | Registered: Feb 2003
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<tradealot77>
unregistered
posted
why is there such a big drop in the price though?
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Filling the gap, apprehension about the deal they just announced yesterday, manupilation, you name it.......... I think this is due for a bounce though, good buying opportunity now IMHO.
Posts: 42 | Registered: Jan 2005
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