Generation Next Franchise Brands Inc. (fka VEND)

[MJtwopointoh]

No public exchange I know of would take this POS company at this point. There are KPI's that need to be met in order to list on a reputable exchange. Nick Yates has done NOTHING to prepare this company for that, despite how he might protest I am wrong.

There is a $2 and $3 exception to the $4 minimum regular bid value requirement. VEND is a long fricking way from that consistent metric. If he is still selling that dream, he is smoking crack.

NASDAQ, AMEX, NYSE, and all the other exchanges for various securities have their reputations based on the companies that trade on their exchanges. Look at the commercials for the various exchanges; they always market their golden children.

I agree corrective measures were taken and that they should have been taken. I believe they have been taken way too late and that there MAY be no way out of this slump.

Here is a case study. Look at the recent acquisition of Rabbit by Evasyst, now doing business as KAST. Rabbit was back by Google, etc. etc. and had $48MM of capital backing it. Their management team never monetize their user base, never executed a good strategy, and lost all confidence in their investors. Their 15MM MAU and their granted IP was sold to KAST for LESS THAN $1MM. $48MM was INVESTED IN THAT COMPANY. https://venturebeat.com/2019/07/31/kast-acquires-remnants-of-group-watch-company-rabbit/

This is a case of another company working in a long-term-trend space that could not execute. VEND is the new Rabbit.