InvestorsHub Logo
Followers 1
Posts 409
Boards Moderated 0
Alias Born 02/15/2019

Re: caroy post# 2040

Friday, 03/22/2019 1:15:46 PM

Friday, March 22, 2019 1:15:46 PM

Post# of 4193
I'll post more info and links when I have the time, but the Print Mates web site and press releases show no love for Generation Next (at least there is no mention of Generation Next in any of those places).

The Print Mates web site does not show any locations in operation, but in one of the press releases, they state that they have had them in operation in the San Diego area for a year or so.

So, I suppose the good news is that this venture may not (or shouldn't) rely upon any funding from VEND. I'd be curious to know whether they strictly avoid the sharing of corporate resources of VEND (such as location services) with Print Mates. The temptation seems nearly irresistible and unavoidable.

And, I suppose the bad news is that management's attention seems to be divided between froyo robots and other matters that may not benefit VEND.

And, in an admittedly cynical worst case, perhaps Nick is keeping his options open, riding the VEND coattails for Print Mates' benefit, but maintaining the ability to claim that Print Mates is all his, while also keeping the option of bestowing Print Mates upon VEND when things don't go so well and it needs capital or other corporate resources. But that's just my cynical point of view, so ignore it as you wish.
Join InvestorsHub

Join the InvestorsHub Community

Register for free to join our community of investors and share your ideas. You will also get access to streaming quotes, interactive charts, trades, portfolio, live options flow and more tools.