SHANE RADBONE ATTEMPTS TO REPAIR SHATTERED REPUTATION WITH LITTLE SUCCESS

Shane Radbone, the sacked ex-CEO of Allied Brands Ltd (ABQ) has discovered that unemployment has given him the time to engage in a new career - attempting to fix his shattered reputation. His performance was so abysmal that the company issued two statements on his departure, the second ensuring that everyone was aware he didn't resign, but was ejected.

While Radbone was CEO at Allied Brands, the company has seen the shares collapse, all of the associated businesses showing massive losses, and employees filing lawsuits against the company as well as franchisees filing complaints over ABQ's "unconscionable conduct". Radbone oversaw the company while all these frightening actions were occurring. He's an embarrassment to all, including his Scotch College schoolmates.

Shane Radbone and his wife Victoria Elise Radbone also borrowed $750,000.00 from the company in what most regard as a "sweetheart" loan. With the shares now worth virtually nothing and the company having no choice but to sack Radbone, he now has continued to fail and pay the company back this large sum of money. With the company already deep into a bank overdraft (almost $650,000 at the end of the financial year), the company desperately needs funds to finance the closure of all the dud locations Radbone approved.

WHERE'S THE MONEY, SHANE & VICTORIA?

Today, a "mate's article" appeared in the Fairfax papers, including the Sydney Morning Herald. In it, Radbone claims he's "reengaging with his fan base on a new blog". A blog that has two entries in it, one from his "speaker's agent" Greg Hobby, and the second from his co-debtor wife Victoria Elise. Since several companies including Allied Brands experienced the "black hand" of Radbone on their operations, "motivational speaker" would seem to be an illogical choice. He points to his marginal performance ratings as a speaker - ratings that all occurred before he drove Allied Brands into a ditch. Hard to motivate another company when everyone knows under your watch a manager engaged in sexual harassment of an employee and finally drove the victim out of the company.

No amount of manipulated press can fix Radbone's now shit reputation. He can't skate thru on press releases and a mediocre sporting career anymore. Business judges by performance, and Shane Radbone is the bottom of the barrel.

One just has to read Shane Radbone's statements to the ASX and sharemarket and then compare them to reality. What kind of motivational speaker has so many lies with his name on them?

WHERE'S THE MONEY, SHANE & VICTORIA?