Sunday, January 17, 2010

Vending Strategies and Vendomation

This consulting firm Vending Strategies is run by Chris Rollins he started the company and recently updated the site to change his affiliation as a reference for Eric Black who is now the new CEO.

Stay away from anything Chris Rollins is involved in. You can see the court document below with casco bay vending when he was brought on as a consultant. He was hired by Ted Morton and the results speak for themselves! Chris Rollins totally deceived his client and fraudelenty induced him to purchase a vending business that was going into receivership all while he was plotting to purchase the failing Bacon and Whitney business at a steep discounted price using the new company name VendPath now known as Intellivend!

Halpern and Denny the principals behind Bacon Whitney after filing for receivership with Craig Jalbert as the trustee they financed the purchase to Intellivend, they have recently sold that debt to Vendomation. Some of you may have been notified that your loan has been sold to Vendomation. Halpern and Denny decided after being deposed in court their exposure and risk with Chris Rollins and his devious ways are not worth it, so they sold their interest most likely for pennies on the dollar in hopes to avoid further fraud claims and subpoena's .

There has been additional multiple law suits ready to be filed in Westchester County New York against Intellivend.

For those that are paying Intellivend royalties and commissions I would certainly think the money is not going to help or benefit your franchise in any positive way(never has). Hold on to the money relief is coming he does not deserve anymore of your hard earned money! The threats will come to a halt, they have no merit he will be prosecuted as more information is unraveled in the near future.

We will keep you posted!

Tuesday, January 12, 2010

KRh thermal Kosher Vending Intellivend Acquisition


Ripoff Report: Michael Rudder Hot Choice Systems Madoff style deceptive scam artist. Ripped off over 100 investors and lost in excess of 50 Million since 1992. Manipulative predator. Major class action beginning on this thief. Stay away!! Irvine , California


It appears that Chris Rollins and Mark Bruno are at it again. They have moved on to the next scam and looks like there track record of ripping people off has followed. In June of 2009 issued a press release about Intellivend acquiring Kosher Diner from KRH thermal. This deal has such similarities to the Bacon and Whitney deal they did not pay very much just a note no real money.

We all know what happen the last time we heard this? Investors mysteriously loss $174,000,000. The fraud continues to be discovered, these con-men are good at setting companies up, then fraudulently induce investors to raise capital they create massive debt then strip all the assets away leaving the debt with investors, meanwhile giving themselves huge salaries and bonuses to rip you off.

This is how these two make a living! Their family must be really proud of them....



Tuesday, November 24, 2009

Chris Rollins Loses Arbritation in US District Court

This shows you the type of character behind the franchise Intellivend Chris Rollins. This is exactly why you will never get the truth from this guy, he is a complete fraudster scam artist who will take money from anyone including his own mother.

Now it is documented in US district court in front of a retired Massachusetts's judge MAGISTRATE JUDGE JOHN H. RICH III. This civil case is supporting and building the criminal charges he is soon to face from legal authorities.

It is incredible the extent that this man will go to defraud and induce people out of there life savings to line his own pockets.

He was getting a salary of $13,500 monthly as a employee of Bacon Whitney and portrayed himself as a outside consultant representing Casco Bay and assisting Mr. Morton with a business plan to purchase a franchise in ME which he also was billing for. Meanwhile overstating earning, lying about contracts that were in place with large clients like LLBean etc. and assuring the prospective franchisee that Bacon Whitney was stable and was in good standing. He induced Mr. Morton to buy the business for $500K knowing that the business was failing and Bacon Whitney was in serious financial distress. Mr. Rollins had intimate knowledge of the financial condition because he was also negotiating to purchase the failing Bacon Whitney for 50K down payment with owner financing from Halpern and Denny. He continues to receive $13,500 a month and controls a company with assets upwards of 10million for 50K down payment. The transfer of the Bacon Whitney assets to IntelliVend was made by the Defendants with actual intent to hinder, delay or defraud creditors.

This guy is the epitome of GREED!

Enjoy the details in this complaint filed on 9/11/2009 which Chris Rollins Loss in Arbitration in US District Court which awarded the franchisee the rights to keep his route free and clear with no financial obligations imposed from Intellivend approximately $500,000. He was cleared from owing any loan payments and all commission and royalties that were withheld. Good for Casco! This should give you all some hope and realize that Chris and his threats will not hold up!


I appreciate all the input and communications from all. Feel free to post a comment or contact me at intellivend@gmail.com


cascofinalcomplaint

Friday, October 30, 2009

Intellivend Bankruptcy????

The news on the street and from some vendors is that Intellivend is or has filed for Bankruptcy. Does anyone have any comments? Who is left are there still employees other than in Braintree, Ma.

Chris Rollins
Robert Prendergast
David Batz
Carolyn Alberto
Fred Zeiba
Smitty Bell
Mike Kennedy
Jean Gardner
Paula Packard

Monday, October 26, 2009

Halpern and Denny Tricks???

Obvious and annoying questions for VTL

Relevant offers

Sometimes the simplest and most obvious questions are the ones most difficult to answer. "Why?" seems harmless but can lead to all sorts of problems with the answer. Simple and obvious questions have a rather annoying way of doing that – drilling right to the core of an issue.

Which brings us to VTL Group. VTL Group is a small listed company that has developed vending machine systems and technologies from its base in Auckland. It listed on the NZX in 2000 and has spent the past few years beavering away setting up franchise operations overseas, particularly in the United States.

The 2006 annual report was full of commentary that indicated the company was about to make a quantum leap in size and profitability. The report talks about "a growth platform that once converted will contribute to an estimated 500 per cent increase in annual revenue".

It's pretty heady stuff for an annual report and any casual observer would be looking at buying shares in the company because of the potential of profits to come.

But no. Instead VTL Group has signed a deal to sell its North American assets, part of which would have delivered the 500 per cent growth in revenue, for US$67.5 million (NZ$92.1 million).

This isn't a cash deal. VTL Group gets a 5-year convertible note in the purchaser, Bacon Whitney, paying 10 per cent interest. The convertible note can be converted at any time into shares in Bacon Whitney, at the option of Bacon Whitney, which would then see Bacon Whitney 72 per cent owned by VTL Group.

Now here comes the question: Why?

There is an asset sale in the accounting sense because assets are transferred and value is received. Convertible notes have two parts when it comes to value, the first is the value of the interest payments and the second is the option of conversion into shares.

In the case of VTL Group, the option to convert will give it control of the issuer. It is hard to see that anything has been sold, because VTL Group can get all the assets back, and probably a bunch more, from the option to convert.

That option is controlled by the issuer, and convertible notes have no voting rights, so it isn't a given that VTL Group will get control back. But it is a fair assumption to make.

The issuer of the convertible note is Bacon Whitney, a new company that appears to have been set up just to acquire these assets. US private equity firm Halpern Denny controls Bacon Whitney via one of its investment funds. A quick look on Google shows the only references to Bacon Whitney being the press releases from VTL Group. It really is a brand new company.

Halpern Denny also controls, via one of its investment funds, a company called Service America, in which VTL Group has a 17 per cent stake. As part of the sale of the North American assets, VTL Group is surrendering its interest in Service America, presumably to the Halpern Denny fund, though this isn't clear.



Bacon Whitney will acquire Service America's franchise vending assets but not its direct vending business.

VTL Group has also agreed that if the convertible note converts into 72 per cent of Bacon Whitney, the Halpern Denny fund – as the then minority shareholder in Bacon Whitney – will be able to swap its minority position for shares in VTL Group, thus giving VTL Group 100 per cent control of Bacon Whitney.

One would be right to ask whether this means that VTL Group is getting US$67.5 million in value today only to spend it again (effectively) to buy back the assets it is selling. The accountants will treat this as two separate transactions, but it is more logical to think of these as one long series of transactions.

Add to that the fact that Halpern and Denny, the two principals of Halpern Denny, have a combined 19 per cent stake in VTL Group and things start to get interesting. There was a proposal for Halpern and Denny to acquire more shares of an exiting shareholder to get them to 42 per cent of VTL Group. But that deal has just fallen over.

But why sell the North American assets to a private equity fund that is likely to sell them back within five years? The answer is not obvious, as there is little chance of VTL Group ever seeing cold hard cash for the transactions.

However, one might speculate that the real beneficiary of these transactions is not VTL Group but Halpern Denny and its fund or funds. Private equity players are not going to get out of bed for a return of less than 30 per cent a year for this type of deal, and probably want something closer to 40 per cent.

Halpern Denny is in effect going to carve up VTL Group's North American assets, possibly keep the better bits for itself and then sell the rest back to VTL Group when it suits it.

Its exit is via a shareholding in VTL Group that will presumably be sold down within a short time. Hard to say at this stage what may happen, but it is a fair assumption to make.

This may be idle speculation, but the market generally has a fairly good nose for the value in transactions. What has happened to the share price of VTL Group since the announcement was made at the end of July? The share price leapt in the middle of July from the 75-cent range to about $1.05, and ended the month at 92 cents – a clear case of buy the rumour, sell the fact.

Since the end of July the share price has tanked and is now at 70c, a fall of nearly 25 per cent. Even adjusting for shaky global markets, that is still a major reduction in value.

It would seem investors in VTL Group have "voted" on this transaction and decided it does not create a lot of value for the company.

VTL Group will be holding a special meeting shortly and an independent report on the transaction will be produced. It would seem that the directors have a job ahead of them convincing investors of the merits of this transaction.

Bruce McKay is the director of niche banker Saffron Capital.

100th franchise Sold in US!!!!!!! 100 Victims

This gives you an idea of what they were offering and how many people they sucked in!

VTL sells its 100th franchise in the United States
Kiwi technology transforming a traditional American business
Auckland, 14 March 2007 – New Zealand-listed vending machine franchising company VTL Group Ltd (NZX: VTL) has reached a milestone with the sale of 100 franchises in the United States under the 24seven vending machine franchise brand.
The US franchised 24seven vending routes normally sell for $US254,000 each. They are created from the trading stock of sited machines acquired by VTL Group from established vending machine operators, which have been converted to VTL’s proprietary technology prior to being franchised as ‘going concern’ routes.
Group chairman Gary Stevens says VTL’s technology is the key to converting marginal vending businesses into profitable owner-operated franchises.
“We’re delighted to have sold our 100th 24seven franchise to an operator in Miramar, Florida.“Our 24seven vending machines automatically report their sales so that our franchise operators know what lines are selling, what needs restocking and when machines need servicing. VTL’s technology transforms the profitability of vending machine businesses by providing a total management system, which maximises sales and reduces operating costs. It also introduces greater accountability and best-practice standards within the vending industry. This allows us to convert an old-style and mature business to our technology and franchise platform and create a
dynamic, modern franchise that provides profitable opportunities for owner-operators.
“Proof of this is the fact that some franchises have been on-sold to new owners at higher prices.” He says VTL is continuing to build its stock of sited machines through the acquisition of service routes from local US companies.
“Our acquisition of Nor-Cal Beverages, Inc., in November 2006 delivered us more than 20 routes which we will sell down as franchises in the Northern Californian region over the next 12 months. More recently we have just completed negotiations to acquire the vending routes of Arctic Vending
in California.” Mr Stevens says the 24seven vending machine franchise model generates revenue from the sales of franchise businesses, plus on-going revenue streams through the collection of monthly monitoring fees and sales royalties.
VTL Group sold its first 24seven franchise in the US in July 2003. The company also has sixty nine 24seven operators within Australasia.
In the US, Service America’s core business has been restructured and the sale of non-core assets is expected to be largely concluded before the end of the financial year. Seconded CEO John Hotchin has installed a strong franchising culture and a consistent level of franchise sales is being achieved. As a result, Service America delivered a small operating surplus in the six months to 31 December 2006, which was well ahead of last year and slightly ahead of forecast. Service America has some 37,000 vending machines on some 10,000 sites under its control in
North America, the equivalent of more than 400 franchises, including the routes franchised to date. Mr Stevens said the recognition of the value being added by VTL’s business and technology platform in the US has seen the strengthening of the company’s balance sheet by $US7.3 million 2 with the introduction of two Boston-based cornerstone shareholders, Mr John Halpern and Mr
George Denny III, who paid $US1 (approximately $1.45) a share last month to each acquire a 9.95% shareholding in the company.
He said that this week the company has announced it is renewing its share buy-back programme to acquire approximately 1.5 million ordinary shares, over the next 12 months. VTL’s previous buyback programme saw it acquire shares on market at an average price of 64.7c each. These were later sold to Mr Halpern and Mr Denny at USD$1 (approximately NZD$1.45)each, resulting in the company making a capital profit of $839,250.

About VTL Group Limited
VTL Group Limited (NZX:VTL) is a global franchisor, with its franchised brands represented internationally including Australasia, North America, UK and Europe. VTL Group’s franchise model is supported by a complete management system including its leading-edge proprietary technology and financing. The company’s primary growth strategy for 24seven® and Shop24™ is based around purchasing quality electronic vending equipment for 24seven or the manufacturing of its Shop24
units, installing proprietary control technology and building a network of franchised
owner/operators.
For more information, please contact:
Gary Stevens, Chairman, VTL Group Limited, +64 21 981 874, gary.stevens@vtlgroup.com

Saturday, October 24, 2009

Intellivend Vending 24seven Franchise Investigation

Welcome to the Intellivend Blog Spot! This blog is intended to provide insight into the facts and the current status of Intellivend and associates. We also welcome and encourage those that want an anonymous voice to share their experiences and adverse impacts dealing with any of the related companies.


All Seasons Holding, Inc

All Seasons Services, Inc

Service America Group, Inc

All Seasons Vending Inc

VTL

24Seven

Bacon Whitney LLC

VendPath LLC active

Stonemark Beacon Inc active

Intellivend LLC active


These companies were all formed by the same group of individuals. All have been either bankrupt, dissolved or gone into receivership within last 4 years. The executives behind these companies are the following.





John Hotchin

CEO Bacon Whitney

CEO Director All Seasons Services

Director Nathans Finance

Co founder Director VTL

Director All Seasons Holdings Inc

CEO Service America


Charged with misleading investors by making false statements to investors owes $174 million to 7000 investors; less than 10 per cent is expected to be recovered.


Mark Bruno

President and Founder Bacon Whitney

President and Director All Seasons Services Inc

A frequent visitor to Intellivend Headquarters in Braintree Mass

George Denny

Chairman of the Board All Season Services

Halpern Denny Fund majority share holders in Service America Group

Share Holders in VTL

Chairman of Board Bacon Whitney

Partner George Denny fund

John Halpern

Board of Director All Seasons Services Inc.

Partner George Denny fund

Halpern Denny Fund majority share holders in Service America Group

Share Holders in VTL

Board of Bacon Whitney


And of course Chris Rollins who was the Northeast District manager (92-98) for All Seasons Services Inc. has moved up the ranks becoming VP and eventually Chief operating development officer of Bacon and Whitney. He has personally claimed to save the franchise, he says "these guys had no idea what they were doing thats why I left". Claims he invested his own money into the business and has taken over defunct Bacon Whitney which is now known as Intellivend formerly Vendpath. If you feel Mr. Rollins has been such a blessing for coming into your life and has given you and your family great rewards and wish to send come chocolates.


Chris Rollins

265 Bay Village Drive Rochester, NY 14609



The FACTS:


Lawsuits are mounting; the numbers of franchisees suing are into the double digits and escalating into multiple states across the country.


Vendors are not being paid


Commissions and Royalties are being diverted, franchise owners are paying Intellivend 10% of gross sales and they have failed on numerous occasions to deliver the commissions and have diverted monies.


Services levels are falling due to Technology outages


Franchisee’s Revenues falling


Franchisee’s defaulting are increasing


Expenses are rising with very expensive law firm Boylon Brown based in NYC hired to defend the lawsuits and default franchisees. Most likely were your royalty payments are going.


Intellivend is getting desperate hey have resorted to creative methods of raising capital. They have been generating invoices without ever presenting or notifying the individuals of outstanding balances. They are going straight to debt collectors whom are directly harassing people who have lost their business. Its Likely these debt collectors are sold bogus debt, pennies on the dollar in order for Intellivend to raise some much needed capital.


Most are failing the few that are prospering well soon if not already will feel the bleeding. There is no reinvestment into the business three is no added value to your investments. The good equipment is being sold off, locations are being sold or traded to competitors. They have no facilities to store any equipment. The vast majority of the equipment you are operating is out of date and has very high maintenance cost which you have the burden of reparing. They are charging unreasonable moving fees and MMF even when there is no justification.


Even there own employees have lost confidence in the leadership and are looking for a new jobs.


Carolyn Alberto

Administrative Support Manager at Intellivend, LLC

Carolyn Alberto’s Education

· Marist College Bachelor's Degree, Public Relations, 1988 — 1993

Current

· Administrative Support Manager at Intellivend, LLC

Past

· Sales & Documentation Administrator at Bacon Whitney

· National Sales & Marketing Coordinator at U.S. Mills, Inc

· Administrative Manager at Clarke & Company


Carolyn Alberto’s Specialties:

administration, administrative support, brochure design, business presentations, closing, contract management, customer relations, database administration, documentation, editing, email, event management, file management, legal, marketing, maximize, media training, meeting facilitation, Microsoft office, new business development, newsletters, presentation skills, purchasing, sales, sales support, seminars, travel arrangements, vendor relations,

Carolyn Alberto’s Experience

  • Administrative Support Manager Intellivend, LLC

(Food & Beverages industry)

January 2009 — present (10 months)

Successfully moved operations and assisted in stabilizing purchased franchise network into new company

Responsible for the overall office operations including purchasing, out-sourced IT, permits, outside legal counsel and tenant relations.
Manage the company's customer relations management program including training and compliance.
Successfully planned and managed the company's first annual franchise meeting which included site and menu planning, vendor relations, travel arrangements, speaker presentations and entertainment.
Special projects as assigned by the CEO including file management, updating policies and procedures, franchisee communication.

Sales & Documentation Administrator


Bacon Whitney

(Food & Beverages industry)

October 2005 — January 2009 (3 years 4 months)

All Seasons Services/ 24seven; Reported directly to the CEO of a $30 million national vending franchisor, providing sales support to the field.
Successfully closed 80 plus franchises in 3 years interacting with numerous entities including sales directors, brokers, financial institutions, franchisees, field operations and training staff.
Manage documentation of franchise sale from beginning to end

Including adhering to FTC rules, drafting contracts and supplying required closing information for banks.
Maintain sole sales database for the entire company which serves as the main point of information and dissemination of that key information. Provide weekly sales forecasts and tracking of trends.
Assisted in the transition of the company from a traditional vending to a start up franchising company in 3 months.
Interact with all departments, employees and franchisees to convey company policies and direction including drafting key correspondence for senior level management.
Provide administrative support to the CEO, President, General Counsel and Vice President of Sales.

  • National Sales & Marketing Coordinator U.S. Mills, Inc

(Food & Beverages industry)

October 2004 — October 2005 (1 year 1 month)

Reported directly to the President on projects ranging from package design issues to marketing of new products.
Supported the Vice President of Sales and the East and West Coast Sales Managers in all administrative duties surrounding the $15 million dollar natural food company.
Coordinated the demo program for the company for newly

Released products.
Acted as a resource for brokers and retail outlets providing information about products and policies.
Managed numerous projects using third parties including printing, production and shipping.

Administrative Manager Clarke & Company

(Public Relations and Communications industry)

January 1995 — January 2003 (8 years 1 month)

To the President and The Crisis Communication Center (1997-2003)
significantly increased responsibility from assistant to manager in two years.
Assisted the president with agency wide projects ranging from seminars, new business development, human resource and management issues.
Responsible for the creation of all new business presentations, organization of marketing efforts and speaking engagements conducted by the agency.
Editor of the Crisis Counselor*, a national newsletter published three times each year.
Managed most aspects of the corporate media training program. And oversaw the redesign of the corporate and crisis center web

Sites.
Coordinated meetings, travel arrangements and all correspondence for the President.

  • Assistant in the Crisis Communication Ctr. Clarke & Company

(Public Relations and Communications industry)

January 1995 — January 1997 (2 years 1 month)

Independently developed an expert, client and new business database to improve tracking of trends, projects and prospects. Handled confidential documents and situations on behalf of clients.
Streamlined and updated processes, core products, and services of the Center, including the Center's marketing brochure.
Supervised internship program.
Handled confidential documents and situations on behalf of clients
supported a team of six crisis executives in all aspects of client relations and retention.

  • Operations Manager

(Privately Held; Events Services industry)

January 1993 — January 1995 (2 years 1 month)

Oversaw the daily operations of a full service special event and decorating company including all the activities of the delivery, wholesale and retail divisions.
Supervised production staff up to ten employees and established training program.
Assisted in site inspections, proposals, client relations and event planning.
Assisted COO with all aspects of logistics and vendor services for client events.

Smitty Bell

Director of Training & Technology at Intellivend

BS in Education Cheyney University of Pennsylvania , Biology, Chemistry and Physics , 1966 — 1970

Current

· Director of Training & Technology at Intellivend

Past

· Vice President/General Manager at Take-A-Break, Inc.

Education

· Cheyney University of Pennsylvania


Smitty Bell’s Experience

  • Director of Training & Technology Intellivend

(Food & Beverages industry)

Currently holds this position

  • Vice President/General Manager Take-A-Break, Inc.

(Food & Beverages industry)

November 1991 — June 2005 (13 years 8 months)

Oversaw all operational and sales functions for a full-line vending, office refreshment and food service organization. Responsible for reversing profitability trends, strategic planning and sales development. Spearheaded effort to revitalize and make profitable the food service division with twenty food service outlets, catering business unit, early childhood feeding program, vending commissary and senior citizen congregate feeding program.

Many of you are so frustrated and have been suffering from intimidation, or being afraid to stand up and say anything, for fear that they will strong-arm and threaten you into submission. Many have lost their businesses or are going to lose their business or are just plain hanging in there because there's nothing else you can do.

Some have been forced out of their homes. Their families uprooted and life savings lost. Meanwhile these greedy individuals are profiting from hard working honest families who have been deceived.

These entities and individuals have made claims and representations whether orally or in writing, which is inconsistent with or contradicts the marketing materials and disclosure documents which are unlawful. If you have been misrepresented and or deceived during and after the sales process and or have been mistreated in any way please post your story on the blog.


Most importantly!!!

If you feel and believe they have committed fraud and deliberate deception for unlawful gain

and you have been victimized!

Please put a stop to these criminals


Please contact the investigating authorities to tell your story. They have already been notified and are interested in hearing from others.


Federal Bureau of Investigation

One Center Plaza, Suite 600

Boston, Ma 02108

617-742-5533


and send in a written complaint to

Attorney General's office

Att:Consumer Protection

1 Ashburton Place

Boston, Ma 02108