Log in
E-mail
Password
Show password
Remember
Forgot password ?
Become a member for free
Sign up
Sign up
New member
Sign up for FREE
New customer
Discover our services
Settings
Settings
Dynamic quotes 
OFFON

GENERATION NEXT FRANCHISE BRANDS, INC.

(VEND)
  Report
SummaryQuotesChartsNewsCalendarCompanyFinancials 
SummaryMost relevantAll NewsOther languagesPress ReleasesOfficial PublicationsSector news

Motion For Case Conversion Approved for Generation Next Franchise Brands, Inc.

01/24/2020 | 12:00am EDT

The US Bankruptcy Court gave an order granting the conversion of Chapter 11 reorganization case of Generation Next Franchise Brands, Inc. to liquidation under Chapter 7 on January 24, 2020. The debtors have failed to comply with a court order and debtors have failed to timely provide information and attend meetings reasonably requested by the United States Trustees, and also debtors are accruing administrative expenses they cannot pay and therefore are experiencing substantial losses to and diminution to their estates. Both the US Trustee and debtor had filed a motion for case conversion.


ę S&P Capital IQ 2020
All news about GENERATION NEXT FRANCHISE BRANDS, INC.
2020Genext Loan, LLC entered into asset purchase agreement to acquire Certain Assets of Gen..
CI
2020Motion for Asset Sale Approved for Generation Next Franchise Brands, Inc.
CI
2020Motion for Asset Sale Filed by Generation Next Franchise Brands, Inc.
CI
2020Motion For Case Conversion Approved for Generation Next Franchise Brands, Inc.
CI
2020Motion for Case Conversion or Alternatively Dismissal Filed for Generation Next Franchi..
CI
2020Motion for Case Conversion Filed by Generation Next Franchise Brands, Inc.
CI
2020Motion for Asset Sale Filed by Generation Next Franchise Brands, Inc.
CI
2019Interim DIP Financing Approved for Generation Next Franchise Brands, Inc.
CI
2019Motion for Joint Administration Approved for Generation Next Franchise Brands, Inc.
CI
2019GENERATION NEXT FRANCHISE BRANDS, IN : Bankruptcy or Receivership, Creation of a Direct Fi..
AQ
More news
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%
Chart GENERATION NEXT FRANCHISE BRANDS, INC.
Duration : Period :
Generation Next Franchise Brands, Inc. Technical Analysis Chart | MarketScreener
Full-screen chart
Income Statement Evolution
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