"The recent surge in demand for our machines which produce a single cup of freshly popped popcorn on demand makes the protection of the Company's intellectual property rights all the more important, especially as we intend to develop other machines using our core technology. We believe the demand for healthy snack products, freshly made and not prepackaged, will continue to grow as consumers continue to become aware of the importance of healthy eating," said Mel Wyman, Pop N Go CEO.
Monday, May 19, 2008
Pop N Go Renews Popcorn Machine Patent
WHITTIER, CA--(Marketwire - May 16, 2008) - Pop N Go, Inc. (OTCBB: POPN), a leading manufacturer of healthy snack vending machines, is pleased to announce the renewal of its underlying utility patent on its award winning popcorn vending machine. Pop N Go's patent, with the continued payment of maintenance fees to the United States Patent Office, will remain in force until the year 2018 and will provide the Company the right to exclude others from making, using, offering for sale, or selling or importing popcorn vending machines using Pop N Go's patented technology until 2018.
"The recent surge in demand for our machines which produce a single cup of freshly popped popcorn on demand makes the protection of the Company's intellectual property rights all the more important, especially as we intend to develop other machines using our core technology. We believe the demand for healthy snack products, freshly made and not prepackaged, will continue to grow as consumers continue to become aware of the importance of healthy eating," said Mel Wyman, Pop N Go CEO.
"The recent surge in demand for our machines which produce a single cup of freshly popped popcorn on demand makes the protection of the Company's intellectual property rights all the more important, especially as we intend to develop other machines using our core technology. We believe the demand for healthy snack products, freshly made and not prepackaged, will continue to grow as consumers continue to become aware of the importance of healthy eating," said Mel Wyman, Pop N Go CEO.
Tuesday, May 6, 2008
Pop N Go Signs Caribbean Distribution Agreement
Pop N Go, Inc. (OTCBB: POPN) announced today that Caribbean Entertainment Distributors, a Puerto Rico-based Company, will be Pop N Go's Exclusive Distributor for the Caribbean. "Popcorn is very popular in Puerto Rico and there are hundreds of private and public schools, shopping centers, airports and other venues that we will be targeting for installation of Pop N Go's healthy and entertaining popcorn vending machine. We are looking forward to receiving our first shipment of machines in May so that we can begin to introduce this exciting machine to Puerto Rico and other Caribbean locations. Our Project Manager, Zelideh Aponte, and our Locations Manager, Bernice Romero, recently visited Pop N Go's Corporate facility in California for technical and marketing training. They returned to Puerto Rico convinced that Pop N Go machines will be a big winner in Puerto Rico," said Carlos Jiménez, President of Caribbean Entertainment Distributors.
"We're pleased to add Caribbean Entertainment Distributors to our growing distributor and vending operator network. I've had the opportunity to personally meet with Carlos Jiménez and his staff and have been impressed with their dedication to Pop N Go and their knowledge of the Caribbean market," stated Mel Wyman, Pop N Go's CEO.
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Monday, April 28, 2008
Pop N Go Posts Record Sales Backlog
"We expect the total for firm orders with deposits to grow to over $500,000 by early May. The demand for our 'better for you' fresh popped popcorn product continues to grow across a broad spectrum of machine buyers," said Mel Wyman, Pop N Go CEO.
"We have taken several steps to meet the increasing demand for our machines. As the culmination of a one year effort, our engineers have completed a new set of CAD Files and software modifications which will allow the Company to obtain bids from domestic manufacturers to provide a stainless steel model of our flagship popcorn vending machine. We have invested significant resources in developing these engineering plans which will ultimately streamline the manufacturing process and make the addition of our planned wireless advertising network easier to incorporate in our machine design. Significantly, we will be filing the required application with the US Patent Office in May for the renewal of our patent on our popcorn vending machine which continues to be the world leader in the delivery of freshly popped popcorn on demand," added Wyman.
For further information about this release and Pop N Go, contact Mel Wyman at 562-945-9351 and/or Rich Kaiser, Investor Relations, YES INTERNATIONAL, 800-631-8127
About Pop N Go, Inc.
Pop N Go produces a unique hot air popcorn machine, capable of delivering single servings of fresh hot popcorn, which meets the demands of today's market. The company's self-contained equipment produces fresh popcorn for each customer while allowing the customer to watch the entire popping process. Pop N Go's machine is sized to fit almost anywhere (2'x2'), and can be used as a stand-alone vending machine or in a manual mode for traditional foodservice applications. More information about Pop N Go can be found at www.popngo.com.
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Tuesday, April 8, 2008
Pop N Go Adds Two New Board Members
Pop N Go, Inc. (OTCBB: POPN), a world leader in the production and operation of healthy snack vending machines, is pleased to announce that it has appointed Thomas J. Riley and Yehuda Kaploun to serve on its Board of Directors.
Mr. Riley is the General Partner of T. J. Riley and Associates, a Chicago consulting firm founded in 1982, whose past and present clients have included AT&T, Banc One, Lucent Technologies and the City of Tianjin, China among an extensive client list. Mr. Riley has been a Partner with Arthur Young & Company (now Ernst & Young) and served as a Director on the Boards of Lakeside Bank, World Trade Center-Chicago, Catholic Charities of the Archdiocese of Chicago and the State of Illinois Comptroller's Municipal Audit Advisory Board. Mr. Riley has been providing marketing and business consulting services to public and private sector organizations since 1982. Since the early 1990s he has been assisting clients seeking to access China markets for their products and/or seeking to establish manufacturing capabilities in China.
Mr. Kaploun is the president of Kap Consulting Group with offices in North Miami Beach and New York City. Kap Consulting specializes in working with Companies seeking to do business with the public sector including Cities, States and the Federal Government. Mr. Kaploun has served as the Executive Vice President of the Moses and Aaron Foundation since its inception twelve years ago. The Foundation has assisted thousands of special needs children and their families. Mr. Kaploun has served in an advisory capacity in New York to Mayor Giuliani, Governor Pataki and New York City Comptroller Thompson along with other community leaders. His endeavors on behalf of children in need have been recognized by two mayors of New York City, two New York Governors and the United States Congress.
"We are thrilled that Mr. Riley and Mr. Kaploun have agreed to serve as Board Members. Their wealth of experience in dealing with the public and private sector add expertise in critical areas for Pop N Go. Mr. Riley's experience with Pop N Go extends back several years to when he located our current manufacturing partner in Shanghai. Mr. Kaploun has made several public sector entities aware of the benefits of Pop N Go's healthy snack vending machines," said Mel Wyman, Pop N Go's CEO. "We will be presenting a full slate of Directors for shareholder approval no later than the end of 2008. We also intend to establish an Advisory Board in the near future consisting of experienced executives, including CEOs of publicly traded Companies, which will add considerable depth to the management of Pop N Go," added Wyman.
"We specialize in assisting Companies with innovative products and I believe that Pop N Go is a world leader in foodservice technology with its patented popcorn vending machine. I am eager to assist the Company achieve success in every way possible," said Tom Riley. "I am ready to devote a full measure of energy to Pop N Go. I appreciate the effort Pop N Go is making to bring much needed cash flow and healthy snacks to thousands of schools. We will assist in developing and executing a Strategic Plan that will ultimately bring success for the Company and its shareholders," said Yehuda Kaploun.
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Sunday, April 6, 2008
Pop N Go Launches Plan to Sell 5 - 10 Million Dollars of Its Popcorn Vending Machines to Private Investors in 2008
WHITTIER, CA--(Marketwire - November 13, 2007) - Pop N Go, Inc. (OTCBB: POPN) announced today that it will offer its fully managed program for approximately 1000 to 2000 machines through registered broker-dealers.
Freedom Investors Corp, a full-service broker-dealer and registered investment advisory firm, will be the managing broker-dealer for Pop N Go's offering. Joel Blumenschein, president of Freedom Investors, stated, "We are pleased to act as the managing broker-dealer for this exciting offering. We look forward to launching this offering in December 2007."
M&M Enterprises will manage the development and expansion of the network of vending and food service operators and distributors who will be responsible for the placement of investor owned machines. "Based on the early returns and sampling of vending operators, we expect the demand to be for a minimum of 2,000 Pop N Go machines during the calendar year 2008," said Max Gomberg, Managing Partner of M&M Enterprises.
Ken Hersh, Pop N Go's Director of Marketing & Sales, will be responsible for the overall placement program including training Pop N Go's vending partners in acquiring the optimal locations for Pop N Go machines. "The demand for Pop N Go machines has exceeded our ability to supply the market heretofore, so we are particularly excited that this offering will enable us to provide our partners with machines throughout 2008," stated Hersh.
"This offering represents an important change in strategic direction for Pop N Go in that it will enable the company to raise funds for the manufacturing of its machines without incurring any additional debt and without diluting the company's stock. If the offering is successful, it will enable the company to show a substantial profit on the sale of its equipment and will result in a recurring revenue stream for Pop N Go from the management of the equipment purchased by investors. We have been asked many times by our current shareholders and other investors if there was a way for them to participate in revenues generated by our popcorn vending machines, so this offering represents a perfect vehicle to provide for that type of investment. Given the demand from the market place and the attractiveness of this program for vending companies who do not have to invest in the equipment, we anticipate that there will be subsequent offerings of our equipment to investors after the completion of the current offering," stated Melvin Wyman, CEO of Pop N Go, Inc.
Freedom Investors Corp, a full-service broker-dealer and registered investment advisory firm, will be the managing broker-dealer for Pop N Go's offering. Joel Blumenschein, president of Freedom Investors, stated, "We are pleased to act as the managing broker-dealer for this exciting offering. We look forward to launching this offering in December 2007."
M&M Enterprises will manage the development and expansion of the network of vending and food service operators and distributors who will be responsible for the placement of investor owned machines. "Based on the early returns and sampling of vending operators, we expect the demand to be for a minimum of 2,000 Pop N Go machines during the calendar year 2008," said Max Gomberg, Managing Partner of M&M Enterprises.
Ken Hersh, Pop N Go's Director of Marketing & Sales, will be responsible for the overall placement program including training Pop N Go's vending partners in acquiring the optimal locations for Pop N Go machines. "The demand for Pop N Go machines has exceeded our ability to supply the market heretofore, so we are particularly excited that this offering will enable us to provide our partners with machines throughout 2008," stated Hersh.
"This offering represents an important change in strategic direction for Pop N Go in that it will enable the company to raise funds for the manufacturing of its machines without incurring any additional debt and without diluting the company's stock. If the offering is successful, it will enable the company to show a substantial profit on the sale of its equipment and will result in a recurring revenue stream for Pop N Go from the management of the equipment purchased by investors. We have been asked many times by our current shareholders and other investors if there was a way for them to participate in revenues generated by our popcorn vending machines, so this offering represents a perfect vehicle to provide for that type of investment. Given the demand from the market place and the attractiveness of this program for vending companies who do not have to invest in the equipment, we anticipate that there will be subsequent offerings of our equipment to investors after the completion of the current offering," stated Melvin Wyman, CEO of Pop N Go, Inc.
Friday, April 4, 2008
Pop N Go, Inc. Reports 910 Percent Quarterly Revenue Gain
Pop N Go, Inc. announced revenues for the fiscal first quarter ended Dec. 31, 2007 totaled $268,656 compared with $29,506 for the corresponding three months in fiscal year 2007, amounting to a 910 percent quarterly revenue gain. The company narrowed its operating loss for the corresponding quarters from $797,300 to $338,160 representing a 58 percent reduction in its net loss from operations.
"We are very pleased that we were able to accelerate our 2007 fiscal year growth in the first fiscal quarter of 2008. We were able to achieve much of this expansion by growing our marketing alliances with established vending operators and foodservice distributors and by selling machines through our turn key management program," said Melvin Wyman, chief executive officer, Pop N Go, in a prepared statement. "We expect the successful launch of our California schools program will allow us to deploy our award winning, patented popcorn vending machines at an increasing pace. The demand for healthy snacks in schools, hospitals, corporate cafeterias and public venues is expected to continue to provide an important source of recurring revenue in the coming years. Our leading-edge product line has positioned the company to take advantage of the explosive growth expected in the healthy snacks industry."
"We are very pleased that we were able to accelerate our 2007 fiscal year growth in the first fiscal quarter of 2008. We were able to achieve much of this expansion by growing our marketing alliances with established vending operators and foodservice distributors and by selling machines through our turn key management program," said Melvin Wyman, chief executive officer, Pop N Go, in a prepared statement. "We expect the successful launch of our California schools program will allow us to deploy our award winning, patented popcorn vending machines at an increasing pace. The demand for healthy snacks in schools, hospitals, corporate cafeterias and public venues is expected to continue to provide an important source of recurring revenue in the coming years. Our leading-edge product line has positioned the company to take advantage of the explosive growth expected in the healthy snacks industry."
Pop N Go and Bev-O-Matic Launch Revenue Sharing Partnership
WHITTIER, CA--(Marketwire - August 15, 2007) - Pop N Go, Inc. (OTCBB: POPN) is pleased to announce a revenue sharing partnership with Bev-O-Matic, a major vending operator in the Pittsburgh Metro area and Mid to western Pennsylvania areas. The partnership calls Pop N Go machines to be placed in select Bev- O-Matic account locations with Bev-O-Matic providing turnkey service.
Bob Connolly, CEO of Bev-O-Matic, stated, "Pop N Go's nutrition story fits in with our strategy of providing healthy snacks for our consumers." Mark Craig, VP sales, added, "The strength we have in the health care field as well as with schools and corporate customers will provide a complete range of opportunities for both companies."
Mel Wyman, CEO of Pop N Go, stated, "Bev-O-Matic is one of the oldest and most respected companies in the region with over 50 years of experience in the industry. Their account base is a perfect fit for Pop N Go. We expect to launch with the installation of 20 machines during the next 30 days. This partnership with Bev-O-Matic is a continuation of our corporate strategy of partnering with respected vending operators who are capable of bringing quality accounts and customer service to our partnership."
For further information about this release and Pop N Go, contact Mel Wyman at 562-945-9351 and/or Rich Kaiser, Investor Relations, YES INTERNATIONAL, 800-631-8127
About Pop N Go, Inc.
Pop N Go produces a unique hot air popcorn machine, capable of delivering single servings of fresh hot popcorn, which meets the demands of today's market. The company's self-contained equipment produces fresh popcorn for each customer while allowing the customer to watch the entire popping process. Pop N Go's machine is sized to fit almost anywhere (2'x2'), and can be used as a stand-alone vending machine or in a manual mode for traditional foodservice applications. More information about Pop N Go can be found at www.popngo.com.
Safe Harbor under the Private Securities Litigation Reform Act of 1995: The statements which are not historical facts contained in this press release are forward-looking statements that involve certain risks and uncertainties including but not limited to risks associated with the uncertainty of future financial results, regulatory approval processes, the impact of competitive products or pricing, technological changes, the effect of economic conditions and other uncertainties as may be detailed in the Company's filings with the Securities and Exchange Commission. Nothing in this press release shall be construed as an offer to buy or sell any securities herein.
Bob Connolly, CEO of Bev-O-Matic, stated, "Pop N Go's nutrition story fits in with our strategy of providing healthy snacks for our consumers." Mark Craig, VP sales, added, "The strength we have in the health care field as well as with schools and corporate customers will provide a complete range of opportunities for both companies."
Mel Wyman, CEO of Pop N Go, stated, "Bev-O-Matic is one of the oldest and most respected companies in the region with over 50 years of experience in the industry. Their account base is a perfect fit for Pop N Go. We expect to launch with the installation of 20 machines during the next 30 days. This partnership with Bev-O-Matic is a continuation of our corporate strategy of partnering with respected vending operators who are capable of bringing quality accounts and customer service to our partnership."
For further information about this release and Pop N Go, contact Mel Wyman at 562-945-9351 and/or Rich Kaiser, Investor Relations, YES INTERNATIONAL, 800-631-8127
About Pop N Go, Inc.
Pop N Go produces a unique hot air popcorn machine, capable of delivering single servings of fresh hot popcorn, which meets the demands of today's market. The company's self-contained equipment produces fresh popcorn for each customer while allowing the customer to watch the entire popping process. Pop N Go's machine is sized to fit almost anywhere (2'x2'), and can be used as a stand-alone vending machine or in a manual mode for traditional foodservice applications. More information about Pop N Go can be found at www.popngo.com.
Safe Harbor under the Private Securities Litigation Reform Act of 1995: The statements which are not historical facts contained in this press release are forward-looking statements that involve certain risks and uncertainties including but not limited to risks associated with the uncertainty of future financial results, regulatory approval processes, the impact of competitive products or pricing, technological changes, the effect of economic conditions and other uncertainties as may be detailed in the Company's filings with the Securities and Exchange Commission. Nothing in this press release shall be construed as an offer to buy or sell any securities herein.
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