Friday, 23 December 2011

SCAMMER HEAL GROUP NOW LATEST BANKRUPTCY IN ALLIED BRANDS DEBACLE

Shane Heal & Allied Brands Ltd.  On paper, a marriage made in heaven.  ABQ, a company run by scammers, washed-up sporties, and shameless self-promoters - meets a washed-up basketballer and shameless self-promoter.  At the Gold Coast, this is a recipe for scammer success, as Grahams have gotten away for years.


It's no surprise that Shane Heal's company Heal Group has now been the latest scammer company bankruptcy in this continuing saga.  


Many opined that Shane Heal and his partner Jimmy Williams were out-manueovered by the seasoned scammers at Allied Brands when they were sold a "master developer" agreement at the same time ABQ was already in their death spiral.  This scammer group was then run by another failed sportster, Shane Radbone.  Heal paid big to get in on the last days of what a blind man could see was the end of Allied.  Too stupid to do even minimal due-diligence, Heal has proven to be too stupid for words.  


This blog has repeatedly warned new investors off Allied Brands and the Heal Group, most recently just two months ago.  With the internet now finally "levelling the information playing field", scammers like Heal Group, Allied Brands, and their managers are finding it difficult to find new battler victims to pump money into their worthless, crooked schemes.


With Heal's basketball broadcasting career failed as a media laughingstock, his basketball coaching attempts a sad joke, and now his failed attempt at ice cream and hamburger vendor, we all look forward to hearing Heal's next words:  "Do you want fries with that?"


UPDATE:  bloggers receiving email threats are protected by Australian law - you can't defame a company.  Heal Group and their affiliated companies have filed for bankruptcy, hiding behind Allied Brands in their press release.  That's tells you all you need to know about this COMPANY, and perhaps about the owners as well.  Like all blogs we encourage readers to send in corrections and comments should we have some facts from other media in error.  

Wednesday, 30 November 2011

ROGUE LIQUIDATOR KORDA MENTHA QUESTIONED ABOUT SHADY DEALINGS AT ALLIED BRANDS, ANSETT

Liquidators KordaMentha are under new scrutiny as they claim to have closed out the Ansett Airlines liquidation.  KordaMentha, paid tens of millions in this action, have refused to produce eight years of accounts from the Ansett Group to ASIC or the courts.


KordaMentha have a long history at withholding financial information from the public record, and ASIC and the government have been powerless to get compliance with the law by this firm.  


"It's all a farce" claim reviewers of the liquidation.


KordaMentha is the secret home to Lachlan McIntosh, the Chairman of Allied Brands Ltd. (ABQ) as the company stole from migrants, falsified records to the Department of Migration, ripped off franchisees, and defrauded their suppliers.  McIntosh is said to be a "business recovery specialist - he sure made quick work of ABQ, from a company in distress under the Peter & Trent Graham family, to bankruptcy in short order.  


McIntosh has had his bio "hidden" on the KordaMentha website due to his participation in this farce.  This has enabled this blog, and other reports of McIntosh's dodgy reputation, to be easily found by anybody thinking about retaining the services of this dodgy liquidator.

Sunday, 27 November 2011

BASKIN ROBBINS AUSTRALIA SUFFERS AS DUNKIN BRANDS BEGINS MANAGEMENT IMPLOSION

LOOKING DAPPER IN HIS NEW SILK SUIT, HE'S
SILL GOT ALMOST $5M IN CASH LEFT
The future of the "rescued" Baskin Robbins franchisees in Australia looks to be in jeopardy as Dunkin Brands, now a public company, (DNKN), looks to be shedding Baskin Robbins and other management under Nigel Travis's watch.


Insiders indicate that many of the senior executives who've now left in disgust were among a large group of senior executives denied their own "free shares" from the float.  These rumoured executives include Srini Kumar, with Baskin Robbins some 20 years and the shock sacking of Neil Yanofsky who was in place only four months before getting the sack.  Both of these executives had Australia as one of their key tasks.  Neither was granted stock bonuses by Travis, which apparently led to their departures.


Of the most concern has been the "run for the door" as executives, given stock options that apparently had no "quiet" period, have universally begun to "cash out" of Dunkin Brands.  This includes Travis, who's given himself a nice $5,000,000 pile of cash for Chrissy, as well as Chairman and known franchisee abuser Jon Luther who pulled his $10,000,000 share out of the newly-public firm!  Luther is now running Arby's, a marginal US fast-food chain.  There hasn't been one management "buy" of DNKN since the float.  Guess these insiders know what the likely direction of the shares and company is going.  DOWN.




And the results of this management inattention and consumer overpricing (which has mostly taken down competitor Cold Stone), is evident in the stock analyst reports now.  And many consider Dunkin to be on a long slide to collapse, with Baskin Robbins leading the way.


None of this bodes well for the poor franchisees in Australia, or elsewhere.  



Thursday, 27 October 2011

BLACK HAND TONY CAVANAGH BOUNCED FROM TIMEZONE AS PREDICTED, NOW WREAKING HAVOC AT EAGLE BOYS

TONY CAVANAGH, AT A RECENT
EAGLE BOYS CONFERENCE
One of the key architects of the Allied Brands Ltd. (ABQ) and Baskin Robbins Australia collapse was general manager and COO Tony Cavanagh.  Cavanagh, previously responsible for collapse of business at Wendys, fast talked his way into a management position at game franchise Timezone.  After the offshore owners of Timezone got a whiff of the putrid stench coming off this guy, his sorry arse disappeared. Cavanagh even removed this employment  from his LinkedIn CV.


Cavanagh has now slimed his way into the mismanaged Eagle Boys Pizza franchise.  Eagle Boys has sharply declined in the market after megalomaniac Tom Potter was pushed out, and huge numbers of Eagle Boys franchisees have their shops up for sale.


His first task at Eagle Boys is to order a major refurbishment at the chain.  When this was done at Allied Brands, architects, shopfitters and others in the process reported that "kickbacks" to ABQ were required to work on these projects.  This had the result of inflating the cost of these improvements from 40%-60% or more!  Cavanagh would tolerate no deviance from the selected contractors.  This is reportedly the process now underway at Eagle Boys.  Are kickbacks being paid there too?


Cavanagh is also again in daily intimate contact with failed marketing staff Chanah Mulawa and Michelle Elgindi.  Hope Eagle Boys have notified their HR solicitors!  Likewise the 457 Visa Scam was conducted under Cavanagh's watch.  


All of this great news for Pizza Hut, Domino's, and Pizza Haven.

Friday, 21 October 2011

HEAL GROUP CLAIMS OF SKILLED FRANCHISING REFUTED BY FACTS

During the last year of the Allied Brands collapse, the defrauding of franchisees was assisted by the Heal Group Company, who paid cash to ABQ executives in order to sell shops on their behalf in the over saturated Brisbane market.

The Heal Group has now got the same kind of deal with Urban Burger, one of a dozen new burger bar franchises being touted in Australia.  The failure rate of this kind of business is extraordinarily high - in some cases more than 85% of these shops fail in the first two years due to high costs, crippling franchisee fees, and lack of a viable business model.

The current pricing of a new Baskin Robbins franchise since management was assumed by the US-based Dunkin Brands dropped to the $200K range from what the Heal Group was expecting - Heal Group still has a non-performing location in Morayfield for sale at $385,000, down from the original $440,000 it was demanding.  Current pricing of Baskin shops across Australia is now $220,000 or less, with Dunkin rightfully pointing out that a franchise company business model should not require the sale of shops for more than they cost to fit out.  The Heal Group shop at Morayfield is already proven to be a dog, but that doesn't stop them from hoping for a victim they can offload it on.

The Heal Group is one of the current group of "rogue franchisors" who sell franchises with fast talking salespeople, flashy promises, and in this case a has-been basketball player "celebrity"  - the exact formula that collapsed Allied Brands and their has-been footy player   Shane Radbone.  Heal often touts his American NBA experience, when in fact he was a bench player with lousy stats and a failed NBA career.  And Shane Heal like his mentor Shane Radbone is focused on his "motivational speaking career", an activity that doesn't take kindly to executives from corrupt companies.


Urban Burger is destined to fail.  Potential franchisees should run, not walk away from this disreputable Gold Coast-based company.  



Thursday, 8 September 2011

"SHANE RADBONE" NOW MOTIVATIONAL SPEAKER LAUGHINGSTOCK AT 7-ELEVEN AUSTRALIA

SHANE RADBONE CHEATING LITTLE CHILDREN
AND POCKETING THE CASH?
Shane Radbone, the CEO who was directly responsible for the criminality and ultimate collapse at Allied Brands Ltd (ABQ) has seen his reputation collapse as a result of his the corrupt operation of Allied Brands.  


Hiring errors at Australia's 7-Eleven company saw him appointed to the COO position at this company.  Reportedly their HR department didn't check his CV before recommending him, and they've now discovered their error.  7-Eleven franchisees however have been having a field day with emails circulating among them about his actions at Allied Brands and elsewhere.  He's 7-Eleven's biggest inside joke!


Likewise Radbone has seen his speaking engagements dry up as word of the Allied Brand's exploits become widely known.  Even many of his former Adelaide friends are steering clear of these people.  Shane and his wife Victoria Elise Radbone have still failed to pay back what many believe was a fraudulent loan to purchase Allied Brands shares, which of course are now worthless.  With interest, now approaching $1M.  About 1/3 of the cash missing from this company. 


Shane Radbone, in desperation, has hired an internet consultant in an attempt to mask his past.  The consultant has persuaded Radbone to put the same "self-promotion" website up under different web addresses, in the misguided idea that this will fool Google to show only these fraudulent, positive results.


As anyone knows, Google's smarter than Shane Radbone.  In fact, a used tampon is smarter than Shane Radbone.  

Tuesday, 6 September 2011

EX-MACCA'S CEO COMPARES BASKIN ROBBINS PROFIT MODEL TO THE BANKRUPT KRISPY KREME

23 year veteran of McDonalds Australia, Merrill Pereyra, has warned punters away from Baskin Robbins in Australia, comparing the failed profit model at Krispy Kreme donuts to Baskin Robbins in Australia.


STORY IS HERE


He points out the same issues franchisees in Australia have had over the years - "The franchise model must be geared to sales sustainability and supporting the franchisees to gain a return on investment as soon as possible"


A completely contrary condition to the current Baskin Robbins franchisees around the country.