Generation Next Franchise Brands Inc. (fka VEND)

[Alvie]

VEND just submitted an 8-K with projections of unit installs which is more realistic than some of the earlier estimates. Projections are to have 400 machines installed by the end of this second quarter, including the first corporate machines (~150/month for the next 2 months), 900 by the end 3rd Q (~166/month) and 1500 by the end of this fiscal year, June 30, 2019 (200/month). This would result in some $56 MM in cumulative revenue for the fiscal year in machine sales. Additional revenue would result from royalties, etc.