STOCK TITAN

One Step Vending Corp. (KOSK), Anticipates to Generate Revenue Within Summer 2022 Through its 51% Ownership of E-Roots System (Abbotsford), Ltd.

Rhea-AI Impact
(Moderate)
Rhea-AI Sentiment
(Neutral)
Tags
Rhea-AI Summary

One Step Vending Corp. (OTC: KOSK) is set to generate revenue in summer 2022 after acquiring a 51% stake in E-Roots Systems, which manufactures vertical farms. The company will market and distribute produce from these farms, partnering with ZA Group, Inc. (OTC: ZAAG). Each vertical farm is projected to yield approximately $413,948.94 annually with a profit margin of about 98.57%. The president, Ronal Minsky, noted significant progress since the acquisition, including a purchase order for one vertical farm and expectations for more orders.

Positive
  • Acquisition of 51% of E-Roots Systems enables revenue generation expected in summer 2022.
  • Each vertical farm forecasted to generate approximately $413,948.94 annually with a profit margin of 98.57%.
  • Strategic partnership with ZA Group to market and distribute produce from vertical farms.
Negative
  • None.

Harrison, NY., March 21, 2022 (GLOBE NEWSWIRE) -- One Step Vending Corp. (OTC: KOSK) (“KOSK” or “the Company”), a company specializing in emerging industries acquisitions with an emphasis in the marketing and distributing produce as well as in the self-serve vending market, anticipates to generate revenue within summer 2022 after its strategic partner ZA Group, Inc. (OTC: ZAAG) ordered its first vertical farm mind March 2022.

Mentioned earlier today, the Company will market and distribute all produce grown within the vertical farms manufactured by E-Roots Manufacturing, Inc. while receiving a divided 50/50 revenue share after acquiring 51% of E-Roots Systems (Abbotsford), Ltd. early march 2022. ZAAG anticipates to receive its first vertical farm within the month of April 2022 with an expected harvest during the summer of 2022. Each vertical farm is forecasted to generate roughly $413,948.94 in revenue a year with an estimated 98.57% profit margin.

The Company’s president, Ronal Minsky, stated, “ Acquiring E-Roots System (Abbotsford), Ltd. has been pivotal for our company. Within the month executing the acquisition we have already made great progress and expect to generate revenue mid 2022 thanks to our strategic partners. Our Partner ZAAG currently have one purchase order on a vertical farm, but we have been informed that they are in cusps in closing more, including our first system I look forward on finalizing soon”

About ZA Group, Inc. (ZAAG)

ZA Group, Inc. is a company specializing in emerging industries acquisitions with an emphasis in the direct to consumer apparel and manufacturing self-sustainable farms. Its goal is to take its brands to the next level whether to own, license, or manage. Currently ZA Group, Inc. owns 60% of E-Roots Manufacturing, Inc., to manufacture self-sustaining vertically integrated farms, and NFID as a wholly owned subsidiary, an online retail outlet offering apparel (visit website).

To learn more, please visit: www.zagroupusa.com

About One Step Vending, Corporation (KOSK)

One Step Vending, Corp. is a holding company focused on the acquisition of market-changing and disruptive business models with an emphasis in the marketing and distributing produce as well as in the self-serve vending market. Currently One Step Vending, Corp. owns 51% of E-Roots Systems (Abbotsford), Ltd. markets and distributes the produce from vertically integrated farms purchased from E-Roots Systems, Inc., owns 10 vending machines designed to offer CBD and potential cannabis products.

For more information visit: http://www.onestepvending.com

SAFE HARBOR ACT: Forward-looking statements are included within the meaning of Section 27A of the Securities Act of 1933 and Section 21E of the Securities Exchange Act of 1934, as amended. All statements regarding the Company’s expected future financial position, results of operations, cash flows, financing plans, business strategy, products and services, competitive positions, growth opportunities, plans and objectives of management for future operations or listing on an exchange — including words such as “anticipate,” “if,” “believe,” “plan,” “estimate,” “expect,” “intend,” “may,” “could,” “should,” “will” and other similar expressions — are forward-looking statements and involve risks, uncertainties and contingencies, many of which are beyond the Company’s control and may cause actual results, performance or achievements to differ materially from anticipated results, performance or achievements. The Company is under no obligation to (and expressly disclaims any such obligation to) update or alter its forward-looking statements, whether as a result of new information, future events or otherwise. No information in this press release should be construed in any manner whatsoever as an indication of the future performance of the Company’s revenues, financial condition or stock price.

Company Contact:
Ronald Minsky, President
600 Mamaronek Ave,
Harrison, NY 10528
info@onestepvending.com
212.381.8029 Office


FAQ

What is One Step Vending Corp.'s upcoming revenue plan for 2022?

One Step Vending Corp. anticipates generating revenue in summer 2022 after acquiring a 51% stake in E-Roots Systems.

What are the revenue projections for the vertical farms associated with KOSK?

Each vertical farm is projected to generate approximately $413,948.94 annually with a profit margin of about 98.57%.

How does KOSK plan to distribute produce from their vertical farms?

KOSK will market and distribute all produce grown in vertical farms through a partnership with ZA Group, Inc.

When is KOSK expected to start generating revenue from its vertical farms?

KOSK expects to start generating revenue in the summer of 2022.

METAWELLS OIL & GAS INC

OTC:KOSK

KOSK Rankings

KOSK Latest News

KOSK Stock Data

4.03M
Oil & Gas E&P
Energy
Link
United States of America
Harrison