This Day On The Street
Continue to site right-arrow
This account is pending registration confirmation. Please click on the link within the confirmation email previously sent you to complete registration.
Need a new registration confirmation email? Click here
Stocks Under $10 with 50-100% upside potential - 14 days FREE!

Fund Created To Purchase Marley Coffee Automated Kiosks Manufactured By AVT

Stocks in this article: JAMN

CORONA, Calif., Jan. 21, 2014 /PRNewswire/ -- AVT, Inc. (OTC Markets: AVTC) (, a leader in custom vending machines, automated retailing business opportunities, and self-service kiosks, announced that an independent investment fund has been created for the sole purpose of purchasing Marley Coffee Automated Kiosks. AVT is the manufacturer of the Marley Coffee Kiosks.

Automated Retail Income Development, Inc. ("ARID") intends to raise up to $4,900,000.00, and to utilize the funds for the purchase of up to 300 Marley Coffee Automated Kiosks.

ARID has entered into negotiations with Krogers, Safeway and various military bases, to place coffee machines in locations owned and/or operated by these entities.  Many of the placements of the new Marley Coffee Automated Kiosks will be in highest grossing locations that have been abandoned by Outerwall when they pulled their Rubi systems out of the market.

ARID will work with Marley Coffee Automated Stores, Inc. to provide system placement, upkeep, and restocking. 

"This fund will allow investors to enter the $7.3 billion coffee vending market with the best system in the industry," said Joe Menichiello, Vice President of Sales and Marketing at Marley Coffee Automated Stores, Inc. "Now individuals can participate in the profitable gourmet coffee industry without any of the day-to-day hassles of running a business," he added. "We have the ability to cherry-pick the top performing locations where the Rubi kiosks flourished.  This provides a unique opportunity to place systems where they have already been proven to excel." 

ARID estimates that it will begin delivering machines to Safeway Stores and selected Military Bases beginning 90 days from the date that it begins accepting investment funds.  Once the kiosks are delivered, investors will receive quarterly distributions.

"We are proud to be a partner with Marley Coffee and welcome this increase in production," said James Winsor, CEO of AVT, Inc. "Our award winning designs and high quality workmanship assures that the Marley Coffee Automated Kiosks will be well received in the marketplace." 

For more information on the ARID Fund, contact 951-888-2405.

1 of 2

Select the service that is right for you!

Action Alerts PLUS
Try it NOW

Jim Cramer and Stephanie Link actively manage a real portfolio and reveal their money management tactics while giving advanced notice before every trade.

Product Features:
  • $2.5+ million portfolio
  • Large-cap and dividend focus
  • Intraday trade alerts from Cramer
  • Weekly roundups
TheStreet Quant Ratings
Try it NOW
Only $49.95/yr

Access the tool that DOMINATES the Russell 2000 and the S&P 500.

Product Features:
  • Buy, hold, or sell recommendations for over 4,300 stocks
  • Unlimited research reports on your favorite stocks
  • A custom stock screener
  • Upgrade/downgrade alerts
Stocks Under $10
Try it NOW

David Peltier, uncovers low dollar stocks with extraordinary upside potential that are flying under Wall Street's radar.

Product Features:
  • Model portfolio
  • Stocks trading below $10
  • Intraday trade alerts
  • Weekly roundups
Dividend Stock Advisor
Try it NOW

Jim Cramer's protege, David Peltier, identifies the best of breed dividend stocks that will pay a reliable AND significant income stream.

Product Features:
  • Diversified model portfolio of dividend stocks
  • Alerts when market news affect the portfolio
  • Bi-weekly updates with exact steps to take - BUY, HOLD, SELL
Real Money Pro
Try it NOW

All of Real Money, plus 15 more of Wall Street's sharpest minds delivering actionable trading ideas, a comprehensive look at the market, and fundamental and technical analysis.

Product Features:
  • Real Money + Doug Kass Plus 15 more Wall Street Pros
  • Intraday commentary & news
  • Ultra-actionable trading ideas
Options Profits
Try it NOW

Our options trading pros provide daily market commentary and over 100 monthly option trading ideas and strategies to help you become a well-seasoned trader.

Product Features:
  • 100+ monthly options trading ideas
  • Actionable options commentary & news
  • Real-time trading community
  • Options TV
To begin commenting right away, you can log in below using your Disqus, Facebook, Twitter, OpenID or Yahoo login credentials. Alternatively, you can post a comment as a "guest" just by entering an email address. Your use of the commenting tool is subject to multiple terms of service/use and privacy policies - see here for more details.
Submit an article to us!


DOW 17,804.80 +26.65 0.15%
S&P 500 2,070.65 +9.42 0.46%
NASDAQ 4,765.38 +16.9840 0.36%

Brokerage Partners

Rates from

  • Mortgage
  • Credit Cards
  • Auto

Free Newsletters from TheStreet

My Subscriptions:

After the Bell

Before the Bell

Booyah! Newsletter

Midday Bell

TheStreet Top 10 Stories

Winners & Losers

Register for Newsletters
Top Rated Stocks Top Rated Funds Top Rated ETFs