Replies to post #1569 on Generation Next Franchise Brands Inc. (fka VEND)

[Alvie]

I agree with you that it was unfortunate that Yates mentioned reverse split even just in passing. He referred to that possibility for next June 30 after the end of the current fiscal year if the stock price hadn’t recovered sufficiently to allow moving up to a bigger board. However if they can start delivering some 250 units a month or so, which is their current target, they will have in excess of 1500 units installed by the end of the year and I believe the stock price will be such that no reverse split will be necessary. So it’s a matter of executing their plan IMO.