I have not run out of good things to say about VEND, so here goes.
I don't know how long this will continue (maybe longer if VEND issues another press release with objectively and legitimately good news, who knows?).
But, there is at least one other good thing that I can say from experience. In a fairly random survey of a number of Reis & Irvy's franchisees (that is, franchisees who actually have machines installed and operational), the consensus seemed pretty clear - they were pretty satisfied at this point with their experience and happy to be franchisees.
That response was out of line with our expectations, but it seems to have been honest. For my part, it was evidence that Yates and company had their eye on the most important of all the balls they have in the air. If the key to your survival is signing up new franchisees, you had better make sure that your current franchisees are saying good things about you. While the same can't be said about all the "pregnant" franchisees who are waiting (some patiently, some not so patiently), at least those who have managed to get a machine on the ground provide a strong endorsement for becoming a franchisee.
Well, that's it for now. If I get bored, I may revert to pointing out the negatives, but I will miss the endorphins I'm getting from all the positive new vibes I'm sharing.