Monday, December 27, 2010

Automated retail solutions stock more than doubles

Coinstar (CSTR) is a leading, publicly-held provider of automated retail solutions that offers products and services to benefit consumers and drive incremental retail traffic and revenue for retailers. Offerings include automated retail include (Red Box) DVD and Coin Services businesses.

DVD Rentals
CSTR offers self-service DVD rentals through 28,500 Red Box kiosks in 24,900 locations where consumers can rent or purchase movies. CSTR’s DVD kiosks are installed primarily at leading grocery stores, mass merchants, drug stores, restaurants, and convenience stores.

DVD kiosks supply the functionality of a traditional video rental store, yet typically occupy an area of less than ten square feet. Consumers use a touch screen to select their DVD, swipe a valid credit or debit card, and receive their movie(s). The process is designed to be fast, efficient and fully automated with no membership fees. DVD services revenue is generated primarily through fees charged to rent a DVD. In retailers with high performing DVD kiosks, CSTR may add another kiosk to drive additional revenue and provide a broader product offering.

Coin Services
CSTR offers self-service coin-counting services. CSTR owns and services all of its coin-counting kiosks, providing a convenient and trouble-free service to retailers. CSTR owns and operates more than 18,900 coin-counting machines in the United States, Canada, Puerto Rico, Ireland, and the United Kingdom (approximately 12,300 of which offer a variety of prepaid cards and e-certificates to consumers). Coin-counting revenue is generated through transaction fees from CSTR’s consumers and retailers.

Source: CSTR 10Q for the Sept 2010 quarter, filed Oct 28, 2010
http://www.sec.gov/Archives/edgar/data/941604/000119312510239751/d10q.htm
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Tuesday, December 14, 2010

AVT Releases New Touch Screen Vending Machines With Smart Technology

Innovative Displays Allow Operators to Meet New FDA Requirements

CORONA, CA--(Marketwire - 12/14/10) - AVT, Inc., (formerly Automated Vending Technologies) (Pinksheets:AVTC - News) (www.avtinconline.com).

AVT, Inc. showed off their new, proprietary vending technology with touch screen interfaces, which displays nutritional information in accordance with recent changes in compliance laws.

The Food and Drug Administration (FDA) recently issued new regulations -- titled FDA Section 4205 -- that call for mandatory disclosure in close proximity to each article of food -- showing the number of calories contained in the article (unless a prospective purchaser is able to examine the Nutrition Facts Panel before purchasing the article), or visible nutrition information provided at the point of purchase.

The new AVT designed systems contain a breakthrough interactive display with a bright, user-friendly touch pad, which provides all nutritional information in an easy to read format.

AVT's proprietary Smart Technology is also included in the new systems. This unique suite of advanced systems, hardware and software allows owners and operators to remotely track sales, spot trends, and receive customizable notifications and alerts.

"These new systems are truly the state-of-the-art in automated retailing and vending," states Shannon Illingworth, founder of AVT. "Tech-savvy people who love the Apple iPad or iPhone will appreciate our styling, innovation, technology, and user-friendly features."

For more information on AVT and how their new systems give consumers better insight into the content of their food and beverage choices, and provide owners and operators with regulation compliance and trend analysis, visit AVT's Website at: http://www.avtinconline.com/avttsarticle.html, or call James Winsor, Chief Executive Officer, at 951-737-1057.

AVT, Inc. is a leading developer of automated and self-service retailing systems, and is the innovator of VMS and TSM technologies that have become the standard for the industry.

AVT's stock is traded through the Pinksheet National Market System. Ticker Symbol: AVTC.PK

For more information, visit www.avtinconline.com or www.autoretail.com

Friday, December 3, 2010

.AVT Announces Roll Out of New Kiosk to Securely Provide Movies, Music and TV Shows From a Self-Serve Kiosk Direct to Portable Flash Drives

CORONA, CA--(Marketwire - 12/02/10) - AVT, Inc. (Pinksheets:AVTC - News) (Formally Automated Vending Technologies) announced today that their new kiosks that were developed for Flix On Stix to securely deliver digital entertainment content, will begin rolling out to thousands of locations within the next 90 days.

Flix On Stix has developed a revolutionary encryption technology and interface that allows consumers to download movies, music, and television programs from the AVT designed self-serve kiosk, direct to a portable memory stick. In addition to offering an almost limitless array of titles, this unique system also provides first-run movies well before they are available on DVD or Blu-ray, or through internet subscription services.

The Flix On Stix kiosk utilizes a secure internet connection and proprietary download encryption technology to transfer content onto any portable flash drive in a matter of seconds. The digital content can be viewed on any PC or Mac, or through a set-top box to a television.

The engineers at Flix On Stix worked with AVT to design a compact, yet attractive kiosk, which allows for easy placement in virtually any location. The unit's graphics are enticing and encourage consumer use.

AVT founder Shannon Illingworth stated, "We are thrilled to have been selected the manufacturer of choice by Flix On Stix. We have worked closely with them in the design and development stage, and are now gearing up to meet their rollout schedule."

For more information on AVT, contact James Winsor, Chief Executive Officer, at (951) 737-1057, or visit the website at www.avtinconline.com.

Form 8-K/A for AVT, INC.

1-Dec-2010

Changes in Registrant's Certifying Accountant



Item 4.01 Changes in Registrant's Certifying Accountant
On or about October 5, 2010, the Board of Directors of AVT, Inc., a Nevada corporation (the "Company"), received notice that its primary auditor, Larry O'Donnell, CPA, P.C. ("O'Donnell"), had resigned.

On October 20, 2010, the Company approved De Joya Griffith & Company, LLC, Certified Public Accountants & Consultants, 2580 Anthem Village Drive, Henderson, Nevada 89052 ("De Joya"), as the Company's primary auditor.

On or about November 8, 2010, the Company sent De Joya a letter advising De Joya that De Joya had been dismissed as the Company primary auditor.

There is a dispute between the Company and De Joya as to whether during the Company's two most recent fiscal years and any subsequent interim period preceding the dismissal of De Joya, the Company was made aware by De Joya of the following disagreements on accounting principles which were not resolved to the satisfaction of De Joya: application of accrual method accounting instead of cash basis accounting; recognition of revenue prior to meeting the criteria specified in SAB No. 104; accounting for revenue from service contracts; recognition of goodwill in connection with purchase software; adjustments to inventory recorded as depreciation expense; accounting for costs of internally developed software to be sold under ASC 985-20; accounting for common stock issued for interest; accounting for par value of common stock outstanding; accounting for investment in AC Mexican Food, Inc.

De Joya did not make any reports on our financial statements.

On November 8, 2010, the Board of Directors approved Malcolm L. Pollard, Inc., 4845 W. Lake Road, #119, Erie, PA 16505 ("Pollard") as the Company's primary auditor. During the Company's two most recent fiscal years and any subsequent interim period prior to engaging Pollard, the Company did not consult with Pollard regarding the application of accounting principle to a specific transaction, or the type of audit opinion that might be rendered on the Company financial statements, or any matter that was the subject of disagreement with our former accountant or a reportable event.

The Company has provided a copy of this disclosure to De Joya and requested that De Joya furnish the Company with a letter, within the time periods prescribed by Item 304 (a)(3) of Regulation S-K of Securities and Exchange Act of 1934, addressed to the Securities and Exchange Commission stating whether De Joya agrees with the statements made by the Company and, if not, stating the respects in which De Joya does not agree.

A copy of the former accountants' response to this Report on Form 8-K is attached hereto as Exhibit 16.1.