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Thursday, 09/13/2018 6:34:37 PM

Thursday, September 13, 2018 6:34:37 PM

Post# of 4193
Another new member added to the Board of Directors - a sign that VEND is building a successful company. In my opinion, these people wouldn't be risking their reputation on a failing company.

Generation NEXT Franchise Brands, Inc. Announces Key Appointment to Board of Directors

San Diego, CA, Sept. 13, 2018 (GLOBE NEWSWIRE) -- via NEWMEDIAWIRE – Generation NEXT Franchise Brands, Inc. ( VEND) announced today the appointment of Chris Maudlin to the company’s Board of Directors. Generation NEXT Franchise Brands’ flagship subsidiary, Reis & Irvy’s, is the world’s first franchise of robot-staffed, fully automated frozen dessert vending kiosks.

Maudlin is Senior Vice President and National Director of the Private Client Group with Artivest, a premier provider of alternative investment and technology solutions headquartered in New York and San Diego. Maudlin brings more than 14 years of finance and investment industry experience to Generation NEXT Franchise Brands ( VEND). Prior to joining Artivest’s predecessor firm, Altegris, in 2009, Chris worked in investment advisory and wealth management roles with Merrill Lynch and Morgan Stanley. Maudlin holds a bachelor’s degree from the University of California, Davis, along with the Chartered Alternative Investment Analyst (CAIA) designation.

A Key Appointment

In joining the Board, Maudlin will serve as an Independent Audit and Compensation Committee Chairman, a key appointment for Generation NEXT as the company grows and looks to the future. The independent audit and compensation committee is charged with assisting the Board in its oversight of the integrity of the company’s financial statements and internal controls; compliance with legal and regulatory requirements and the company’s ethical standards and policies; preparing the audit committee report for inclusion in the company’s annual proxy statement; as well as oversight of executive and employee compensation and benefits.

The role is also a vital one as the company matures and strives towards a future up listing to larger capital markets with access to institutional investors.

“We’re honored to have Chris join our Board. We consider this a key appointment, one that demonstrates our commitment to implementing a Board that offers not just strategic investment but also corporate governance,” said Nick Yates, Chairman of Generation NEXT Franchise Brands ( VEND). “Chris has spent his career focused on the best interest of investors.”

“I’m proud to join the Board at Generation NEXT. I’m committed to the best interests of this transformative company and its investors as it reinvents food retail,” Maudlin said.
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