KOSK Signs Software Deal Via CRS Micro Markets, Inc.
Good Afternoon!
One Step Vending Corp. (OTCPINK: KOSK)
The vending machine revolution has caught many investors off guard. What was something for ‘kids’ essentially, has turned into a $20.9B industry.
The biggest driver for this industry is called ‘micro markets’ and my newest trade idea is a company that is positioning itself for the next round of growth.
KOSK is already established in the vending space but through its subsidiary, CRS Micro Markets, Inc., it’s moving to carve out an even bigger part of the pie. KOSKrecently reported the signing of a software deal with that will see CRS using credit card processing technology to deliver greater value in its San Diego territory.
The news has lit fresh fire under KOSK which is now positioned for potentially strong upward movement. The play is trading just under 10 cents at the time of writing – miles off from the 0.76 historical 12-month high and offering around 744% upside opportunity. That 744% gain potential may not come all at ponce; but it shows just what is possible given the new trend for the play.
In the near term KOSK is positioned well and has already started its upward move. You can see this in the 14-day RSI which is currently at 57.
KOSK has also surpassed its 50 DMA of 0.075 and it looks, based on current trajectory, that it could seriously test the 200 DMA of 0.121. Should KOSKachieve that in the next session or two traders would be in line for up to 34% gain potential.
34% is a more realistic trading goal than 744% but you have to be in it to win – make your move on KOSK soon.
Check out the chart…
Here’s a link to the chart: http://stockcharts.com/h-sc/ui?s=KOSK
About
KOSK (One Step Vending Corp.) operates as a holding company that focuses on the acquisitions of market-changing and disruptive business models. It supports its subsidiaries with financial, sales, marketing, and operational changes. The company, through its subsidiary, Corporate Refreshment Services, Inc., provides a range of food and beverage solutions focusing on the use of self-checkout micro market technology. It offers various vending services to small and medium sized companies, including beverage and snack machines to workplaces.
KOSK was founded in 2004 and is headquartered in San Diego, California.
Micro Markets Helping To Drive $20.9B Vending Machine Industry
Since the industry started recovering from the Great Recession, there has been a new business model emerging. During the hard years, it became apparent to many operators it was time to gain operating efficiencies and better control costs. This has led to a steady increase in the investment in vending management systems (VMS) as a way for operators to manage their businesses more effectively. In 2015, operators using VMS report it has helped increase same store sales, cut unprofitable accounts, cut labor and vehicles costs, increase product variety, all while maintaining or increasing sales and profits. Cashless payment acceptance is also being adopted at a faster rate. It has increased sales in many locations, according to operator comments. In part due to this strengthening of business practices, the aggregate revenue for the industry has grown nearly 4 percent in the past year to reach $20.9B, the highest it has been in 6 years.
In addition to vending technology, micro markets have been invigorating revenues. Thanks to the open shopping experience with new products and broader appeal, micro markets are driving interest by workplaces and consumers. Both are requesting this type of solution from operators at an increasing pace.
Micro markets have also brought new equipment providers, new smaller location solutions, and additional product suppliers to the industry. In 2015, the percentage of revenue associated with micro markets rose to a record-breaking 10.2% of the total, making it the highest revenue-providing service segment after vending machines.
News Development
One Step Vending Corp. Announces CRS Micro Markets, Inc. License Deal with New Line Software
KOSK confirmed that its subsidiary company Corporate Refreshment Services Micro Markets, Inc., a self-checkout retailer in micro markets industry, announced today a license deal with New Line Software to use their PCI compliant credit card processing technology in all Micro Markets operated in San Diego territory.
New Line Software provides advanced payment technologies and this license deal will facilitate the secure processing of payments in all the kiosks installed in the CRS Micro Markets' business and corporate clientele.
To learn more about KOSK please visit their website: http://www.onestepvending.com/
KOSK is your chance to make single-day trading gains from the micro markets sector so make your move ASAP.
Warmest Regards,
Robert Davis
info@pennystocknewsletters.net
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