Generation Next Franchise Brands Inc. (fka VEND)

[Officiousintermeddle]

Another day, another dilutive offering.

So, now Nick is engaging in general solicitation for investments in what appears to be a convertible debt instrument. Hard to say, since the details are lacking.

He has sold $250,000 to the first investor and is looking to sell up to $2 million in total. He agreed to pay a 7% commission.

I'll bet that the conversion rate is a lot less than $0.50 a share, but even if it's $0.50, that's another 4 million shares out the door.

Nick can't print those shares fast enough!