SOURCE: Pop N Go, Inc.

November 13, 2007 09:30 ET

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.

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.

Contact Information

  • Contact:
    Yes International
    Rich Kaiser
    Investor Relations
    800-631-8127

    Mel Wyman
    562-945-9351