AVT Expected To Reach $40 Million Or Over $10 Per Share
Online, June 21, 2011 (Newswire.com) - "Market capitalization could exceed $40 million or over $10 per share"
CORONA, Calif., June 14, 2011 /PRNewswire/ -- AVT, Inc. (Ticker: OTCQB:AVTC) (www.autoretail.com), has received analyst coverage from IPODesktop.com, one of the markets leading research, report and profiling services.
The report stated that AVT has a market capitalization that could exceed $40 million, or over $10 a share. This impressive potential is due in part to continuous sales growth fueled by 20-30 successful pilot and production programs with blue chip retailers.
Future production orders are especially positive, according to the report, "AVTC has another 20 or so strategic partners/customers who have either completed or nearly competed their pilot projects with AVT, which will result in significant on-going revenues and increases in system production levels over the next 18 months."
Analysis further suggests that AVT is the high tech leader in the industry, and has created very high barriers to entry for its competition by offering technology solutions at up to 50% less than the best known competitor.
The research also pointed out that AVT was able to "generate internal, organic growth of 154% from 2007 to 2010, during times of severe economic stress and uncertainty," and that the company "continued to invest in developing successful pilot programs which are expected to transition into full-fledged ongoing production programs. During this major R&D and pilot program development, AVT has remained profitable and in a stable growth state."
A copy of the Analyst Report can be found at: http://gaskinsco.com/linkto-avtc-june.shtml
For more information on AVT and their self-service retailing systems, customized vending solutions, automated retailing, and automated stores, call 877.424.3663 or visit AVT's Website at www.autoretail.com.
About AVT:
AVT, Inc. is a leading developer of automated and self-service retailing systems. AVT's stock is currently traded through the OTCQB Markets, Ticker Symbol: AVTC
Safe Harbor Statement: Statements contained in this document, including those pertaining to estimates and related plans, growth, establishing new markets, expansion into new markets and related plans other than statements of historical fact, are forward-looking statements subject to a number of uncertainties that could cause actual results to differ materially from statements made.
SOURCE AVT, Inc.
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