Navigation Links
Medbox Announces Increase in Shareholder Base and Record Revenue Generated in Q3
Date:11/2/2012

HOLLYWOOD, Calif., Nov. 2, 2012 /PRNewswire/ -- Medbox, Inc. (Ticker: MDBX) (www.medboxinc.com) announced that they have increased their shareholder base last quarter by over 30%. The announcement comes at a time of significant additions to the company's product line, as well the launch of a new division dedicated to serving the healthcare and pharmaceutical industries.

The new shareholders have come on board at an opportune time - before the company's planned move up from the Pink Sheets to the OTC Bulletin Board. As part of this process, the company is in the midst of an audit in order to comply with the fully reporting standards set forth by the SEC.

In addition, the company has reported a record setting 3rd quarter, generating over $1.3 million in revenue and its highest EBITDA margin to date.

"We are thrilled to have so many new people join our family of shareholders," stated Dr. Bruce Bedrick, CEO of Medbox, Inc. "With our lineup of exciting new products, solid revenue growth, and specialized divisions to target specific industry sectors, it is no wonder that people from all over the world are starting to invest with our company."

In the coming months Medbox will be announcing exciting dividend programs for its shareholders upon the company meeting some of its performance goals. In addition, once the JOBS act is enacted by the SEC later this year, the company will be publicly announcing its plans to incentivize new accredited investors that acquire shares directly from the company.  

For more information, contact Medbox Investor Relations at: (800) 762-1452.

About Medbox, Inc: 

Medbox is a leader in the development, sales and service of automated, biometrically controlled dispensing and storage systems for medicine and merchandise. Medbox has offices throughout the world, including New York, Tokyo, London and Toronto, and has their corporate headquarters in Los Angeles.

Medbox provides their patented systems, software and consulting services to pharmacies, urgent care centers, clinics, hospitals, and medical groups worldwide.

Medbox, Inc. is a publicly traded company, and is listed on the OTC Board, ticker symbol MDBX.

For more information on Medbox, please contact the Medbox Investor Relations Department at (800) 762-1452 or go online to www.medboxinc.com.


'/>"/>
SOURCE Medbox, Inc.
Copyright©2012 PR Newswire.
All rights reserved

Related medicine technology :

1. Medbox, Inc. at the Forefront of Providing Secure Medicine Dispensing Systems to Prisons
2. Medbox, Inc. To Support Referendum Overturning LA City Council Ban on Medical Marijuana Outlets
3. Medbox, Inc. Weighs-in on FDA Evaluation of Prescription Medicine Dispensing Systems
4. Medbox, Inc. Rides a Wave of Local Media Support in Connecticut
5. Cardinal Health Announces Preliminary Shareholder Voting Results at 2012 Annual Meeting
6. Aviv REIT Announces Acquisition Of Skilled Nursing Facility With New Tenant Relationship NuCare
7. Omthera Pharmaceuticals Announces Invitation to Attend Presentation of the Complete Data Sets from its Phase 3 EVOLVE and ESPRIT Clinical Studies
8. UBM Medica India Announces Hospital Management Conference (HMC) 2012
9. CardioInsight Announces Appointment of Patrick J. Wethington as President & Chief Executive Officer
10. Medela Announces Virtual Breast Milk Collection Campaign in Honor of Prematurity Awareness Month
11. Janssen Announces Collaboration with Vertex on Phase 2 Study to Investigate an All-Oral Regimen of Simeprevir (TMC435) and VX-135 for Treatment of Hepatitis C
Post Your Comments:
*Name:
*Comment:
*Email:
(Date:4/28/2016)... April 28, 2016 Oramed Pharmaceuticals Inc. ... pharmaceutical company focused on the development of oral drug delivery ... upcoming PIONEERS 2016 conference, presented by Joseph Gunnar ... New York . Nadav Kidron , ... conference. Presentation Details:   PIONEERS ...
(Date:4/27/2016)... -- Hologic, Inc. (Nasdaq: HOLX ) announced ... second quarter ended March 26, 2016.  GAAP diluted ... and non-GAAP diluted EPS of $0.47 increased 14.6%.  ... reported basis, and 6.3% on a constant currency ... quarter, highlighted by 14.6% growth in non-GAAP EPS," ...
(Date:4/27/2016)... York , April 27, 2016 ... report titled, "Skincare Devices Market - Global Industry Analysis, ... According to the report, the global skincare devices market ... is anticipated to expand at a CAGR of 10.1% ... in 2023. Browse the full Skincare Devices Market ...
Breaking Medicine Technology:
(Date:4/29/2016)... ... April 29, 2016 , ... Coast Dental Fort Stewart ... at its new location in the Exchange Furniture Mall at 112 Vilseck Road in ... 50-inch Samsung Smart TV. Plus attendees will have the opportunity to meet general dentists ...
(Date:4/29/2016)... ... April 29, 2016 , ... The Wharton ... $30,000 Perlman Grand Prize of the 2016 Wharton Business Plan Competition —as ... People’s Choice Award, and the Committee Award for Most ‘Wow Factor,’ making them ...
(Date:4/29/2016)... ... April 29, 2016 , ... The Gluten-Free Certification Program ... to announce the launch of the GFCP Scoop in response to ... purpose of the GFCP Scoop site is to keep the gluten-free ...
(Date:4/29/2016)... ... April 29, 2016 , ... New York City based oral and maxillofacial surgeon Dr. ... very effective way to treat obstructive sleep apnea. Dr. Jamali is proud to offer this ... procedure that involves one or both jaw bones. This surgery is performed to correct the ...
(Date:4/29/2016)... ... April 29, 2016 , ... Jvion, the ... of funding led by Eastside Partners, with participation from existing investor Martin Ventures. ... base and accelerate its technology and product roadmap. , “Jvion is ...
Breaking Medicine News(10 mins):