Generation Next Franchise Brands Inc. (fka VEND)

[gdogg1000]

Wow! Struck a chord with this chump!

Is it a technology problem, a demand problem, a valuation problem... or ALL THREE??

RoBotInVaSiOn, I was very transparent with whom the industry insiders are. Some are in fact the same companies that distribute product to Vend. When I walked away from Vend it was because I am a sound business person who does my due diligence before dumping down $50k on a machine. The sales for these machines are weak... EVEN ON THE BEST DAYS. Houston Space center sold 111 units. Wasn't that one of the original (massive) prototype machines. Others are only selling 57 units per day (TOP SALES). What happens when the weather cools? On a busy day, I can sell 2000 units in my business. In a 2 1/2 weekend, I did $80,000 in sales with over 10,000 units sold. That was a major venue with thousands of people. Vend's best machine can only pump out 111 units. THAT'S HORRIBLE and not worth my time or investment. What happens to all the suckers who don't know what their doing and bought into Vends relentless radio ads pumping up these machines... Ouch!

My gut, experience, and insider information tell me that the yogurt and yogurt vending concept is a bust. My experience with yogurt in my own locations throughout the US shows a massive decline. Other major players are also experiencing the same. Thank god I am well diversified beyond yogurt or I would be bankrupt. The only stores investing in machines on a large scale or small independents. Nekter Juice for example just rolled out their bowls with vegan yogurt (1 machine per store).

The insiders don't see VEND as a competitor because the industry has shifted away from yogurt. They have moved on to other trends such as novelty ice-cream, rolls, bowls, cookies, etc. They see VEND as a pin-prick on their ass. Do your research. Look up the major distributors. The story will speak for itself.

You also only need to do a little research to see that yogurt is still declining in demand:

Pinkberry:
https://www.mic.com/articles/190470/the-rise-and-fall-of-pinkberry-frozen-yogurt-the-ultimate-teen-hotspot-of-the-early-2000s

Ferras:
https://www.theashleysrealityroundup.com/2018/07/04/farrah-abrahams-texas-based-froco-yogurt-shop-has-closed-after-two-years-in-business/


Froyo Closures:
http://froyogirl.blogspot.com/2017/12/painful-froyo-shop-closures-of-2017.html

Harvard Yogurt Land Closes:
https://www.thecrimson.com/article/2015/9/15/yogurtland-to-close-devastated/

Yogurt Land flip Flops:
https://www.ocregister.com/2017/08/28/yogurtland-flip-flop-the-irvine-chain-is-testing-premium-ice-cream-at-296-stores/

The list goes on and on and on and on.

Combine all this with the total lack of transparency with the company, cash-flow issues, technical problems, overpriced concept, etc. and you have the perfect storm for failure.

You will start to see the desperation. Vend and it's the executive team will try and start posting as much (limited) positive information as they can. The stock will PUMP up, maybe 5-10%, but will be immediately sold as you have seen. This cycle will continue as it has for months until the company is out of money. Usually, this industry experiences a seasonal drop of 20% in September. By November, those that haven't made their nut will not have enough cash to make it through the Winter. Most closures happen in November as cash runs out. In the case of Vend, they have announced that they plan on selling shares to sustain cash... OUCH!

Best case for the holdouts is that the company will be bought out once it runs out of cash.