MORE DODGY FINANCIAL SHENANIGANS TODAY FROM ALLIED BRANDS (ABQ)

Allied Brands (ABQ) so-called acting CEO Sean Corbin has filed an ASX document today showing that the company is engaged in the dodgy accountant equivalent of "searching the sofa for coins". With weeks gone by, this is pathetic.

ASX NOTICE

No word on when Baskin Robbins "31 Flavours" franchisees will ever see 31 again (most reporting 12-15 currently).

And no word when, if ever, ex-CEO Shane Radbone and his glamour spouse Victoria Elise Radbone are going to pay back their sweetheart $750,000 loan - now seriously in default.

The amount raised in this action today won't even come close to paying costs associated with all the failed Kenny's, Cookieman, and Baskin Robins locations here an in New Zealand. Maybe it's for one big last party?

The next step (they do it all the time) is for one of the mates to buy some shares to push up the price in desperation. Given that 95% of the value and all of the cash is gone, what's the point?