Generation Next Franchise Brands Inc. (fka VEND)

[doesitreallymatter]

Hey Frankie, good to see you back.

You obviously don’t know NY or the corporate culture at VEND. There is no way this move was voluntary. He probably had to beg for that sales position after he was told he was no longer going to be CEO because the shareholders have no confidence in him.

The only real hope the company has is to bring someone in that specializes in distressed companies. And before anyone tries to refute the company is in distress, healthy companies don’t have to reduce payroll by 40%, get money from hard money lenders, or have less than 2 weeks of cash available for operations. Actually, they probably have 4 weeks of cash now that half of their personnel are gone.