FAILED MANAGEMENT FROM ALLIED BRANDS SHANE RADBONE AND JACK SAKALIS NOW REAPING HAVOC AT NEW UNSUSPECTING FRANCHISE COMPANIES!

Two of the key executives implicated in the Allied Brands Ltd. (ABQ) collapse are Shane Radbone and Jack Sakalis. Sakalis was appointed Baskin Robbins Brand Manager shortly after Radbone became CEO in July 2009.

It was under these two executives that the collapse of Allied Brands was instigated and managed. The "Baskin Robbins Visa Scam" occurred under the watch of these two executives. Both are being investigated by the Department of Migration for this fraud, that saw Korean and Indian families given phony 457 visas with the company claiming they were "marketing professionals". Instead they had just been sold known dud locations, stripped of several hundred thousand dollars, and ultimately deported by the Australian government.

It was also under these two executives administration that over $1,000,000 in advertising trust fund money has gone missing - a serious allegation that has the ACCC and ASIC investigations underway, with the Queensland Police Service fraud squad also engaged. Even diversion of advertising fund money to other corporate purposes can get these culprits years in jail.

And Shane Radbone as CEO gave himself and his wife a "gift" of a sweetheart $750K loan which has never been paid back to the company or receivers. All this while the debts continue to stack up.

So now we come to find Radbone has been made "Chief Operating Officer" of the Australian arm of 7/11. Boy, are these franchisees in for a treat! And what did Radbone take as his first management task? A SPEAKING ENGAGEMENT to a group of government executives in South Australia that apparently have been duped by his lame story of why he was sacked at Allied Brands!

The seminar programme says about Radbone: "Recently he was terminated as a CEO of an ASX listed company, after a failed management buy out, (A COMPLETE LIE) but was recently appointed COO of 7-Eleven, the 3rd largest private company in Australia, after just completing the acquisition of Mobil. It all comes down to your attitude, and your willingness to pick yourself up after setbacks and respond. It is also about having balance in your life. Success is an attitude."

Let's see, Radbone sacked from now three companies where he FAILED at all of them leaving destruction and economic ruin in his wake. It would seem Radbone's "success" is only in fast-talking 7-Eleven and hope they wouldn't check his CV.

Sakalis on the other hand has taken a job with Business Development Company, a Melbourne-based franchisor consultancy. What are these franchisors going to learn from Sakalis? How to loot the franchise advertising funds? How to lie to potential franchise-investors about their soon to be lost life savings? Getting away with unpaid superannuation contributions?

The BDC website goes on to say "BDC represent some of Australians best brands including: Bakers Delight, Nanotek by Ecowash, Hudsons Coffee, Mortgage Choice, Cookie Man, Baskin Robbins, Star Shots Glamour Photography, Telstra T-Life, Pure Protect Mobile Hygiene, Sportsco, Healthy Habits and MBE Business Service Centres." It's known fact that BDC DOES NOT represent Cookie Man, nor Baskin Robbins, nor Telstra. Is everything about BDC made up horseshit?

These aren't the only people who are being criminally investigated in the Allied Brands Ltd. debacle. We're expecting arrests soon. . .