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GENERATION NEXT FRANCHISE BRANDS, INC.

(VEND)
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Generation Next Franchise Brands, Inc. Announces Board Changes

10/09/2019 | 10:10am EDT

The Board of Directors at Generation Next Franchise Brands accepted the resignation of the outgoing Chairman, Nick Yates. In September, the company announced Yates had stepped down as CEO to focus on sales, marketing, and business development. He continues in this important leadership role following his resignation from the Board. As part of his Board resignation, Yates voluntarily rescinded 9.5 million options awarded to him in 2017 and 2018 including 2.5 million vested warrants with a $0.16 exercise price.


ę S&P Capital IQ 2019
All news about GENERATION NEXT FRANCHISE BRANDS, INC.
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Financials (USD)
Sales 2019 18,4 M - -
Net income 2019 -19,0 M - -
Net Debt 2019 3,50 M - -
P/E ratio 2019 -2,27x
Yield 2019 -
Capitalization 0,01 M 0,01 M -
EV / Sales 2018 413x
EV / Sales 2019 2,52x
Nbr of Employees 49
Free-Float 76,6%
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Managers and Directors
Ryan Polk Chairman, CEO, COO & Chief Financial Officer
Nicholas Yates Vice President-Sales & Marketing
Nik Wright Vice President-Operations
Sector and Competitors