OBDP Orbit Drop Inc (CE)

Orbit Drop, Inc. (Pink Sheets:OBDP) recently announced that is has acquired www.vehicleman.com. VehicleMan is an affiliate network of online car salesmen. Prior to the acquisition, people who visited VehicleMan.com were able to signup and become an affiliate of the site. Once a member, affiliates are able to find vehicles through dealerships or personal contacts, take photos, and the team at VehicleMan.com would do the rest. These services will no longer be offered via VehicleMan.com. Orbit Drop will use the VehicleMan.com name and resources to further expand the profit centers in each franchised store. The eBay Motors site is on pace to reach $3 billion in sales this year, continuing a dramatic rise from $750 million in auto-related sales for in 1998. The Acquisition of VehicleMan.com will allow Orbit Drop stores and franchise stores to take part in the revenues. Cain McKnight, CEO of Orbit Drop, Inc., stated that "the acquisition of VehicleMan and the expansion into the eBay Motors industry most definitely adds value to Orbit Drop, Inc. The multi-billion dollar vehicle industry is still untapped and our franchise stores will be able to gain from this venture." In other news, Orbit Drop has been approved to grant franchises in the states of Hawaii and Indiana. There are 14 states with federal franchising laws that require any franchisor to submit the Offering Circular and Franchise Agreements for approval. Orbit Drop has already been approved in Michigan and Wisconsin along with Hawaii and Indiana. Orbit Drop, Inc. is a franchisor of retail eBay (NASDAQ:EBAY) drop-off stores. The retail Orbit Drop franchise locations offer an easy and convenient way to sell items online. It is most definitely an amazing concept, a store where people come to make money, not spend it. For more information about Orbit Drop, Inc. visit 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, Illinois, Maryland, Minnesota, New York, North Dakota, Rhode Island, South Dakota, Virginia or Washington.