Business
ABT Signs LOI to Acquire Scoobeez, a Rapidly Growing on Demand Courier and Delivery Service Company
ABT Signs LOI to Acquire Scoobeez, a Rapidly Growing on Demand Courier and Delivery Service Company.
About this update from Scoobeez Global Inc
[{"type":"text","content":"\n\n Pasadena, California, July 30, 2015 (GLOBE NEWSWIRE) -- ABT Mining Co. (OTC Pink: ABOT, the “Company”) also doing business as ABT Holdings, is pleased to announce that it has entered into a letter of intent (\"LOI\") to acquire controlling interest in Scoobeez, which will include the acquisition of all affiliated companies, proprietary and intellectual property rights, technology rights, and business contracts. \n   Scoobeez has rapidly grown its business in the Greater Los Angeles Area as an “On Demand” door to door messenger, courier and delivery service company that primarily utilizes scooters and motorcycles along with cars to facilitate same day deliveries. Scoobeez’s technology, exceptional customer experience, and logistic creativity allow it to efficiently deliver food, online orders, medicine, packages and other items within the shortest possible time-frame averaging less than an hour per delivery. As a result, Scoobeez is enabling and empowering local businesses by connecting them with their customers through its cost effective and highly customer oriented “On Demand” services.      Scoobeez has the capability of providing deliveries around the clock through its flagship Glendale operation covering Los Angeles and Orange Counties. Scoobeez has three main pricing structures; fixed base fare, standard fees which include per mile charge, and dynamic pricing for additional stops. Scoobeez’ pricing structure is extremely competitive with other similar courier services but the mobility and convenience of scooters and motorcycles, and no fuel surcharge combined with exceptional customer service and unique branding provide Scoobeez with a sustainable competitive advantage.   According to Shahan Ohanessian, CEO of ABT, “We are extremely thrilled with the growth potential of Scoobeez as major retailers are seeking immediate on demand door-to-door capabilities in hopes of winning customer loyalty from their online shoppers. Scoobeez will be connecting their online and store operations with its creative delivery system to complete the full cycle of e-commerce. In the near future, Scoobeez will become an app powered delivery company, which will add to our other portfolio of products and services.”  Mr. Ohanessian also stated “We wil...