TYPICAL HYPE FROM ALLIED BRANDS (ABQ) THAT NEVER COMES TRUE

Here's a typical announcement from Allied Brands Ltd. (ABQ) that was made during a downturn in their stock. Hype from the management.

Here we are, a year later - did any of this come true? Apparently not, there are no Cookie Man shops shown in the so-called expansion countries (Malaysia, Cyprus, Canada, England, Dubai, UAE, Japan, Spain, Thailand, or Russia) and no further hype about the brand.

You've got to wonder about the sanity of a management group that continually spews stories about "what we're going to do", instead of actually expanding the brands and then publishing stories to the market "about what we've accomplished".

Even more interesting however is the rapid decline in Indian store numbers, shown in the above story as 28 with five new stores to open by March of 2008.

Actual current store numbers in India look to have crashed to 19 currently:

http://www.cookiemanindia.com/quickbiteindia.asp