GENERATION NEXT FRANCHISE BRANDS, INC. (OTCMKTS:VEND) Files An 8-K Results of Operations and Financial ConditionItem 2.02. Results of Operation and Financial Condition.
Generation Next Franchise Brands Inc., (the “Company”) is furnishing this Current Report on Form 8-K in connection with the disclosure of information. The Company has canceled a shareholder and investor’s meeting scheduled for December 10, 2018 and instead will provide the same information intended to be provided at the meeting via a press release including multiple video references and also posted on the Company website at http://www.gennextbrands.com/investors/ before the market opens on Monday, December 10, 2018.
About GENERATION NEXT FRANCHISE BRANDS, INC. (OTCMKTS:VEND)
Generation NEXT Franchise Brands, Inc. formerly Fresh Healthy Vending International, Inc., is a franchise development company and operator of Company-owned vending machines, micro markets and frozen yogurt robots. The Company provides a portfolio of fresh, organic and all-natural snacks and drinks. The micro market provides fresh full meal options, such as salads, sandwiches and wraps. The micro market is designed for implementation in corporate environments, hotel lobbies, auto dealerships and other retail environments. The Company is focused on setting up national distribution partners to carry the consumable products required for the frozen yogurt robots. It outsources non-core functions to third-party vendors. Its services include machine manufacturing, transport, location set-up, maintenance, inventory, food management and ordering, payment processing and cash management. As of June 30, 2016, the Company and its franchisees operated over 3,000 vending machines and micro markets.