Automated Vending Distributes Stock Dividend to Shareholders « H E » MN1 Exclusive :: email posted Wednesday, 16 May 2007 MN1 Staff Writer Automated Vending Technologies Inc. (Pink Sheets: ADVT) recently announced that its transfer agent has mailed new stock dividend certificates to company shareholders as a “thank you” to all its loyal investors.”We’re doing it as a gift back to the shareholders to show them we’re doing strong and we’re doing well,” Tommy Buzbee, National Sales Director of Automated Vending, said in a recent press release. “We’re trying to give back to the people that have given us so much, so we’re offering it back as a stock dividend.”
This is just an example of the company’s generous and down-to-earth nature. For years, Automated Vending has built a reputation on its reliable machines, its relationships with customers and shareholders, and its willingness to embrace new technologies to improve its products.
“We’ve sold out of every machine we’ve produced… we’re just ramping,” Buzbee said. “That’s what our business is, we went from being a subpar manufacturer to making our machines viable in just 12 months, and now we can’t make ‘em fast enough to put them out.”
