Orbis Corporation (“Orbis,” the “Company,” “we,” or “us”) is a non-asset based point-to-point delivery of medical specimens company. A non-asset based delivery company, as opposed to an asset-based delivery company, does not own its own transportation equipment. We utilize the services of independent contractors to provide our delivery services. As of December 31, 2015, eleven independent contractors provide services to us on a full-time basis. We do not enter into service agreements with our independent contractors and our industry is characterized by high turnover. Therefore, we must regularly recruit new independent contractors to replace those who no longer provide services. The independent contractors are responsible for paying for their own vehicles, equipment, fuel and operating expenses. Point-to-point delivery refers to a transportation system in which passengers or goods travel directly to a destination, rather than going through a central hub. This differs from the spoke-hub distribution paradigm in which the passengers or goods go to a central location in order to reach their ultimate destination. Our business is referred to as “point-to-point” delivery because our independent contractors are dispatched directly to the hospital, medical laboratory and/or medical center, as the case may be, and they then travel directly to the delivery point, rather than returning to a central corporate office.
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Corporate docs
Latest filings (excl ownership)
8-K
Departure of Directors or Certain Officers
13 Apr 17
8-K
Departure of Directors or Certain Officers
26 Aug 16
10-K
2015 FY
Annual report
11 Aug 16
NT 10-Q
Notice of late quarterly filing
16 May 16
NT 10-K
Notice of late annual filing
31 Mar 16
8-K
Changes in Control of Registrant
4 Mar 16
10-Q
2015 Q3
Quarterly report
23 Nov 15
NT 10-Q
Notice of late quarterly filing
16 Nov 15
10-Q
2015 Q2
Quarterly report
19 Aug 15
NT 10-Q
Notice of late quarterly filing
14 Aug 15
Latest ownership filings
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