Made some inquiries and found out that CSA will primarily be managing the corporate machines that will be installed. They will also be available to fill in for a franchisee who may need to be gone for an extended period. No changes to the role that Stoelting and Pitney Bowes are filling for the franchisees (and corporate machines I assume). Stoelting provides some of the components to the robots and PB provides installation and servicing of the robots. And as stated in the recent 8-K, Compass Group will be supplementing VEND's efforts in locating placement options for the robots.
Quite a team:
FLEX manufactures the robots Stoelting provides component parts such as the yogurt machine itself Pitney Bowes installs and services the robots Dannon provides the yogurt and other products Compass Group assists with location procurement CSA manages the corporate installations and is available to assist the franchisees
and VEND oversees and manages the whole operation, as well as recruiting and training the franchisees!!
Forgot to mention Lavaille Lavette who was appointed to the Board and should be an effective "voice" for VEND (along with Phil Mickelson who is a franchisee).
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