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:6/24/2016)... HILL, N.C. , June 24, 2016 /PRNewswire/ ... healthcare decisions and regulators/payers have placed more emphasis ... new environment, patient support programs in the pharmaceutical ... for patients, medications. Consequently, pharmaceutical companies are focusing ... ensure they are providing products and services that ...
(Date:6/24/2016)... SAN FRANCISCO, Calif. , June 24, 2016 ... GBT ), a biopharmaceutical company developing novel therapeutics ... significant unmet needs, today announced the closing of ... shares of common stock, at the public offering ... shares in the offering were offered by GBT. ...
(Date:6/24/2016)... Dublin ... of the " Global Markets for Spectroscopy Equipment" ... This report focuses on the global ... including its applications in various applications. The report deals ... three main industries: pharmaceutical and biotechnology, food and beverage, ...
Breaking Medicine Technology:
(Date:6/24/2016)... ... June 24, 2016 , ... A recent article published June ... with. The article goes on to state that individuals are now more comfortable seeking ... common operations such as calf and cheek reduction. The Los Angeles area medical group, ...
(Date:6/24/2016)... (PRWEB) , ... June 24, 2016 , ... Marcy was in a crisis. Her son ... lash out at his family verbally and physically. , “When something upset him, he couldn’t ... would use it. He would throw rocks at my other children and say he was ...
(Date:6/24/2016)... ... June 24, 2016 , ... ... micro-osteoperforation for accelerated orthodontic treatment. Dr. Cheng has extensive experience with all areas ... , AcceleDent, and accelerated osteogenic orthodontics. , Micro-osteoperforation is a revolutionary adjunct ...
(Date:6/24/2016)... ... ... People across the U.S. are sharpening their pencils and honing their writing ... which patients and their families pay tribute to a genetic counselor by nominating him ... Genetic Counselors (NSGC) Annual Education Conference (AEC) this September. , In April, Genome ...
(Date:6/24/2016)... ... June 24, 2016 , ... Puradigm® & ... (TGIG), has initiated cultivation and processing operations at its production facility, and opened ... , Puradigm is the manufacturer of a complete system of proactive air and ...
Breaking Medicine News(10 mins):