Fresh Healthy Vending International, Inc. (OTCQB: VEND) share volume was robust Mar. 24, with 686,746 changing hands.
Vending Franchisees Expanding
The San Diego-based vending machine company recently announced that it had secured locations for 58 healthy snack machines across the country in February; of that number, 23 are in businesses that teach and support health and fitness.
Securing locations where franchisees will install their machines are part of the company's franchise services. The fast-growing franchisor provides a variety of prime locations for its machines and has determined prime placements to yield optimal performance.
Company Gains Traction in Health-and-Fitness Sector
Many of the February locations secured are in health and fitness facilities such as Boy and Girls Club in Brockton, Mass.; Strong Martial Arts in Richmond, Texas; Dance City & the Arts in Southington, Conn.; Swim Jim in Houston, Texas and Lake Park YMCA in Lake Park, Ga.
Recent federal and other mandates for healthy foods for America's youth have also been a factor in the heightened demand for healthy snack options. The company continues to grow its footprint in public, charter and private middle and high schools, libraries and museums, Boys and Girls Clubs and YMCAs.
Additional new locations in February include South Point High School in Phoenix, Ariz.; Pendleton Heights Middle School in Pendleton, Ind.; Apple Store in Santa Rosa, Calif.; Shipman Technologies in Durham, N.C.; East Lake Community Library in Palm Harbor, Fla. and VA Medical Center in New York, N.Y. These types of locations have seen increased product sales where quality food choices are readily available for patients, visitors and staff around the clock.
Raises Additional $500,000
On Feb. 27, Fresh Healthy Vending announced that it has raised additional capital through the issuance of senior secured promissory notes to three investors in the aggregate principal amount of $501,000.
The proceeds from this issuance will be used principally to provide general working capital which may be utilized in support of the proposed acquisition of certain micro-market assets from Corporate Refreshment Services, LLC and initial further placements of micro-market installations that will comprise the first phase of expansion for the Company's corporate-owned micro-market business.
On Mar. 24, VEND shares closed at $3.19, down 50 cents from its closing price of $3.69 the previous day.
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Rapid Fire Marketing Stock Volume Continues to Soar
In other news, Cannabis vapor inhaler maker Rapid Fire Marketing (OTCQB: RFMK) stock volume continued to soared Mar. 24, with 684,923,054 shares changing hands, more than five times its three-month average of 141,898,470 shares.
The surge in stock volume for the second day in a row is being triggered by Rapid Fire Marketing's Mar. 20 announcement that the Carson City, Nev.-based company is fully reporting and is now listed on the OTCQB.
OTCQB companies must be registered with and reporting to the SEC. Rapid Fire Marketing has now obtained the services of a Market Maker to file, or essentially "sponsor", the Company onto the Over the Counter Bulletin Board (OTCBB). As previously announced, the company will be applying for a name and ticker symbol change with FINRA.
"This has been a long and arduous journey, but we have finally arrived as a fully reporting Company with the SEC." said Rapid Fire Marketing's CEO Tom Allinder in a written statement. "Now the real work begins in building a diversified stream of income into this Company. I want to thank our shareholders for their patience as we moved through this process that took the better part of two years," he added.
On Mar. 24, RFMK’s share price closed at 0.011 cents, up 0.0046 cents, or 71.88%, from its closing price of 0.0064 cents the previous day.
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United Treatment Centers Completes the Retirement of 3 Billion Shares of Its Stock
Meanwhile, on Mar. 24, United Treatment Centers OTCPINK: UTRM), an internet-based news content provider for the marijuana industry, share volume continued to skyrocket for the third day in a row, with 642,454,485 shares changing hands, more than five times its three-month average volume of 124,964,263 shares.
The uptick in stock volume and share value comes on the heels of the Mar. 19 announcement that the Los Angeles-based company has verified with the transfer agent that the cancellation of the 3,000,000,000 shares of common stock announced on February 7, 2014 has been completed.
"It is with great pleasure that we can put this issue to bed! We understand that the shareholders have looked forward to having this issue finished. Currently we are working to update the financial information posted on all websites to properly represent the company as it now is structured," United Treatment Centers CEO Chris Seminatore stated.
On Mar. 24, UTRM’s share price closed at 0.0043 cents, up 0.0009 cents from its closing price of 0.0034 cents the previous day.
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