Replies to post #1042 on Generation Next Franchise Brands Inc. (fka VEND)

[Alvie]

Quarterly numbers were released with 10-Q but PR contains the following comment:

"...our development partner's progress has allowed our manufacturing partner to provide us with a Q1fiscal 2018 production schedule allowing for our first order of approximately 200 Reis and Irvy's robots to begin rollout in September 2017, followed by an aggressive month to month rollout thereafter. We are confident we can install for our franchisees all robots sold through our March 31, 2017 quarter and recognize the deferred revenues prior to the end of fiscal year 2018. And finally, we are moving in the right direction with our cash flow, as we were slightly negative from operating activities of $38,000 during the nine months ended March 31, 2017, compared to a negative $773,000 for the nine months ended March 31, 2016. Furthermore, we had overall positive cash flows of $49,000 for the nine months ended March 31, 2017, compared to overall negative cash flows of $171,000 for the same period in the prior year. We believe that we are on track to end fiscal 2017 cash flow positive and maintain this throughout fiscal year 2018."