ALLIED BRANDS FAILS TO PROVIDE "FLAVOUR OF THE MONTH" TO BASKIN ROBBINS FRANCHISEES -NOW FIVE MONTHS!

Baskin Robbins franchisees have written to confirm that Allied Brands, despite contractual obligations to franchisees and Baskin Robbins USA, have failed to provide the FLAVOR OF THE MONTH FOR FIVE MONTHS ! ! !

The FLAVOUR OF THE MONTH is the key to being different in the market for Baskin Robbins franchisees, and a programme going back SIXTY YEARS.

As noted in Blue Mau Mau, this programme at Baskin Robbins is one of the most effective consumer tools used by those in the food business.

While Allied Brands staff including Trent and Daniele were telling furphys to angry franchisees about the missing flavours the first couple months, they have now stopped, knowing how damaged front-line management is when they continually LIE to the franchisees. As a result franchisees inquiries on this subject are just ignored by everyone from Peter Graham to Lachlan McIntosh.

Both of these directors know how to embellish the truth as well, as the LAST ANNUAL REPORT can confirm.

This flavour shortage, now compounded with reports of only 20 flavours available to the franchisees as summer arrives, has angered franchisees across the country and forced two NSW franchisees out! 31 Flavours is only a dream.

Allied Brands is now trying to scrape up cash by pretending to buy another distressed franchise system. Elders Financial, originally said to be ready to provide this cash injection, is now rumoured to have run away from what their financial analysts could see revealed as flushing money down the dunny.

PETER GRAHAM - WHERE IS THE FLAVOUR OF THE MONTH WE DON'T GET ANYMORE?

TRADING HALT NOW BECOMES ASX SUSPENSION FROM QUOTATION - DUE DILIGENCE REVEALING MASSIVE PROBLEMS TO NEW SUCKER-INVESTORS!

ALLIED BRANDS LTD. on Monday asked for a "trading halt" pending an announcement on an acquisition - the announcement to be made by open of trading this morning.

Little surprise to those inside the company that this was another LIE by the company, and now the ASX has suspended quotation in the shares. The company says they need "more time".

Over 2800 "hits" on this website since Sunday night indicates that the corrupt actions of this company and parent Dunkin Brands are getting widespread coverage and making it all but impossible for ABQ to continue the pyramid-type actions they have been engaged in. The widespread flight by Baskin Robbins and Cookie Man franchisees, as well as the continued CASH BURN by ABQ (with huge bonuses being paid to non-performing management) is now seriously being investigated.

The ASX already has several concurrent investigations underway, as does the ASIC.

The biggest question - why was so much cash needed a few months ago to buy an all-but-bankrupt "Villa & Hut"? Where did all the cash REALLY go? And when is the company going to disclose the full nature of legal actions against Peter Graham & David Graham, for which the Allied Brands has massive liability?

More lies by Allied Brands, - is anyone surprised?

ALLIED BRANDS CALLS TRADING HALT FOR "NEW ACQUISITION"

ALLIED BRANDS (ABQ) has asked the ASX for a trading halt while it can work out details of a proposed acquisition.

Details of the acquisition strategy and their use of Korda Mentha can be found here:

"INSIDE RETAILING" DETAILS ALLIED BRANDS/KORDA MENTHA SCAM HERE

Wonder if they've spoken to the ripped-off ex-owners of "Awesome Water".

Had an interesting chat with several staff at Leadenhall VRG in Adelaide this arvo. They were very chatty indeed. . .

More soon. ..

AND THE ALLIED SHAREPRICE COLLAPSE CONTINUES. . .

A SUITABLE PUNISHMENT FOR LIARS, AND THOSE THAT EMPLOY OR INVEST IN THEM.

ALLIED BRANDS MANAGING DIRECTOR TIED TO DISGRACED COLLAPSE OF SUPER GP - CALLED LIAR BY QUEENSLAND PREMIER!

The spectacular collapse of the Gold Coast SuperGP race this coming weekend has tied disgraced Allied Brands Ltd. (ABQ) Managing Director Peter Graham to fired former MP Terry Mackenroth and seen both accused of lying to the Queensland Government by Premier Anna Bligh.

Graham, who has overseen Allied Brands while it is actively investigated for insolvent trading, sale of visas & dud franchises to Korean and Chinese migrants, and ASX violations related to continuous disclosure, is a director alongside Mackenroth on the Gold Coast Indy Partnership, the organisation now implicated in the Super GP fiasco and loss of millions in state funds.

Bligh is quoted in THE AUSTRALIAN as saying

"It would seem that the A1GP simply lied, that they deliberately misled. Right up until Friday they were giving assurances that this race would go ahead," she told reporters."

"When you're dealing with people like this, it's very hard"

"These are people who frankly I think acted in bad faith, and I would recommend anybody else who might be dealing with them anywhere else in the world to take great caution"

"These are not people you can trust."

Baskin Robbins, Cookie Man, Awesome Water franchisees along with Allied Brands shareholders would agree - Bad Faith is a standard of operation for Allied Brands.

The SuperGP website still claims the race begins "In 2 Days".

The Queensland Police and Queensland State Auditor have opened a criminal investigation into the collapse of this event, and possible criminal charges against those responsible including the board and directors, apparently including director Peter Graham. Mackenroth has already been bounced from the board in disgrace.

Perhaps this will spur the current investigations into getting some of these crooked companies shut down.

Peter Graham has been actively attempting to cash out of Allied Brands (according to filed ASX reports) since the last annual report showed a massive miss despite his assurances of profits to the market and press.

ALLIED BRANDS RAISES MORE CASH WITH CUT-PRICE SHARE ISSUANCE. WILL THE CASH BLEEDING NEVER STOP?

FROM THE ASX 3B FILED 15 OCTOBER

As Allied Brands Ltd. (ABQ) continues to bleed cash, they continue to dilute their shares with "fire sales" at below market prices.

This ASX disclosure, filed Thursday, shows now "sophisticated investors" won't pay more than $0.1285 per share.

Expect to see the current market price to collapse to this new level, or below.

The ASIC is now charged with questioning why the company continues to need so much cash to fund operations!

ALLIED BRANDS (ABQ) THE COLLAPSE CONTINUES WHILE REST OF MARKET SKYROCKETS

"SOPHISTICATED INVESTORS" were recently offered "discounted shares" in Allied Brands Ltd. (ABQ).

These shares are now under water.

What kind of lies were these "sophisticated investors" told?

These shares should NOT be confused with those sold to Breville heir Barbara O'Brien and ex-vacuum salesman Tom Krulis. These people were sold shares, but given lucrative "executive" jobs as compensation for their good names. Which are rapidly being tarnished and trashed by their association with this company.

THE COLLAPSE CONTINUES!

AMBUSH NEWS REPORTERS LOOKING FOR LACHLAN MCINTOSH, TOM KRULIS, & FRANZ MADLENER

A producer from ambush news programme "Today Tonight" has been attempting to contact Korda Mentha, Lachlan McIntosh, Tom Krulis, and Franz Madlener about the goings-on at the failing Allied Brands Ltd. (ABQ).

Should be fun when they catch up with them, and start asking the tough questions while they run for their cars!

CONVERSATION REPORTED FROM ALLIED BRANDS SWITCH BY ABQ EMPLOYEE THIS A.M.

"Good morning, Allied, xxxxxxx speaking"

"My name is xxxxxxx, I'm a shareholder, I'd like to speak to Peter Graham"

(Remembering her instructions), "I'm sorry, Mr. Graham isn't available, can I take a message?"

"How about Shane Radbone?"

"I'm sorry, they're all out at the moment - can I take a message?"

"Yes, tell Peter Graham to shut up all these internet message blogs, they're killing my investment".

"I'll give him the message".

CLICK

WENDY'S EMPLOYEES MOCK BASKIN ROBBINS AND ALLIED BRANDS

After seeing the continued collapse in Allied Brands Ltd. (ABQ) shares, today in a market up by over 2%, we were surprised to receive an email from a Wendy's Ice Cream management employee. They say:

"Wendy's management is in fits of laughter day after day, as more and more failed Wendy's staff appear as Allied Brands and Baskin Robbins employees".

"There is a reason these people like Cavanaugh and Radbone no longer work at Wendy's, Australia's largest ice cream company. We were happy to see them go, relieved they're gone, and even happier to see them destroying our competition".

"Keep up the good work".

Thinking this another Allied Brands management trick, we note the address on the email was from 150.101.248.21. Even the competition has noted the management stupidity at Allied Brands!

RFG CEO TONY ALFORD BUYS HIS SHARES EVEN AFTER RUNUP! PETER GRAHAM SELLS ABQ AFTER COLLAPSE!

HERE'S THE DIFFERENCE BETWEEN QUALITY MANAGEMENT AND FAILED LIARS:

(CLICK HERE FOR ALLIED BRANDS LIES)

TONY ALFORD, Retail Food Group Ltd. (RFG) CEO - BUYING SHARES

PETER GRAHAM, Allied Brands Ltd. (ABQ) (mis)Managing Director - SELLING SHARES

What better signal to the market about the direction these companies are headed? Selling your own shares as the company collapses around you isn't a good signal to the market or your Gold Coast mates, Peter.

ABQ MANAGING DIRECTOR RUNS OUT, CASHES OUT, ON LOUSY ANNUAL RESULTS

On the heels of of another failed year for Allied Brands Ltd (ABQ), managing director Peter Graham is apparently being shown the door by other management - and is cashing out at a huge loss on his way out.

After close of trading today, Graham revealed he's been selling off big.

ASX ANNOUNCEMENT

Note in this announcement the massive number of options held by Graham and his family that expire very soon - options that are totally underwater due to the company's collapse and continued huge cash burn. No one knows why these options were "awarded" by the company, but the price has never even been close. How can it, when stores continue to open, fail, and close?

With the company diluting shares even further this week, issuing another 5million at 14+ cents, the Grahams have clearly signaled that the share price can only go down from the current .155 cents, and are running for the door now.

Graham has clearly lost the support and respect of his fellow directors, who like the franchisees blame Graham, his son, and brother David for the failure of brands Baskin Robbins and CookieMan.

Note also the annual report (page 71) acknowledges that the Graham brothers owe hundreds of thousands (over $320,000) to the company for a failed defense and settlement for their actions as directors--apparently more abuse of franchisees. This legal action was not covered by the company's insurance--as the annual report notes, director's insurance does not cover acts of "bad faith". This debt was not disclosed previously by the company, nor apparently did the auditors know about the debt. The ASIC is investigating this "oversight" along with other misleading statements made by the company.

It was Peter Graham that continued to tell the market the company was "on track" to a $6million to $7.5million annual profit when just weeks later the company so spectacularly missed these numbers and continues to bleed cash on a massive scale. So short is cash that the company is no longer providing Baskins franchisees with their "Flavour of the Month". They apparently can't afford to stock these additional flavours!

The Grahams have driven this company into a ditch - for the third time. Dunkin Brands has signaled it's time for these failed businessmen to go - even as the rest of the weak management team tries desperately to stem the huge cash burn that spells doom in the next few months.