Don't know what impact it has on investors in VEND. Seems to be more aimed at franchisees and qualified investors, e.g. those with net worth over $1MM - are you thinking of investing in the LLC? If a franchisee wants to commit a unit or units to the LLC and become a passive investor instead of an active one, that's his or her decision.
If it accelerates the recognition of revenue by VEND, that would be good. As they stated previously, the corporate machines will be located in areas not currently covered by the franchisee territory agreements so they won't be in competition with them.
JMO after a casual reading earlier this morning - haven't had any clarification by anyone.
Alvie
MM's dropped the bid this morning after about 20,000 shares sold. Late day buys of 25,000 shares couldn't get the ask back up to where it had been.
