OBDP Orbit Drop Inc (CE)

Orbit Drop, Inc. (Pink Sheets: OBDP) today announced that it has sold its first franchises and area developers in Austin, Dallas, Houston, and Amarillo, Texas. The OrbitDrop business model has been in development for more than 8 months. Nelson Harvey, the new Texas franchisee, said "the system and procedures for OrbitDrop look great. I am excited to join the OrbitDrop family of franchisees from the ground floor. It is only going to get better and we plan to have our store open within the next 30 days." Many OrbitDrop franchise territories have already been approved. "We are on track to meet our goals," said Cain McKnight, CEO of Orbit Drop, Inc. "With more than 10,000 franchise store requests from top prospects, we plan to have approximately 200 franchise territories granted (sold) over the next 30 days." Orbit Drop, Inc. is a principal eBay drop-off service with existing stores in Dallas and Houston, Texas and a store in Orange County, California currently being developed. Orbit Drop makes selling on eBay (NASDAQ: EBAY) easy and convenient, giving customers the ability to simply drop off their goods and turn them into cash. For more information about Orbit Drop, Inc. go to www.orbitdrop.com. 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. The information provided on this release should not be construed as an offer of a franchise. Offers of franchises may only be made by delivery of a franchise offering circular (prospectus), and in certain states the offering circular must first have been registered with a state agency that regulates the offers and sales of franchises. The franchise is presently not being offered in the following states: California, Hawaii, Illinois, Indiana, Maryland, Michigan, Minnesota, New York, North Dakota, Rhode Island, South Dakota, Virginia, Washington or Wisconsin.