Reis & Irvy's and Jacksonville Entrepreneur to Donate 30 Days Profits to Victims of Jacksonville Landing Shooting

JACKSONVILLE, FL, Sept. 12, 2018 (GLOBE NEWSWIRE) -- via NEWMEDIAWIRE – Jacksonville entrepreneur, Brandon Cheal, was deeply saddened in the days since the tragic August 26th shooting at Jacksonville Landing, which left two young people dead and another 11 wounded or injured.  “I’m still in shock,” Cheal says.

Cheal has been making the final preparations to open his own business at Jacksonville Landing - a frozen yogurt and ice cream franchise that employs a robot to serve customers.  The business, known as Reis & Irvy’s, is set to open in September.

As victims and their families began sharing their stories, Cheal felt an overwhelming desire to help.  “As does the entire Jacksonville community, I want to assist the victims and their families in any way that I can.”

Cheal has decided to donate 100% of his profits for the first 30 days his new business is open directly to victims of the shooting and their family.  “One hundred percent of our first 30 days’ profits will go directly to victims and their families. The effects of something like this will last a lifetime, but victims and their families need the community’s support now as they recover from their injuries and lay loved ones to rest,” Cheal said.

Generation NEXT Franchise Brands, Inc. of San Diego, CA, the parent company of the Reis & Irvy’s franchise, has also agreed to match the donation amount.

“We thank Brandon for taking this initiative, and on behalf of Generation NEXT Franchise Brands and Reis & Irvy’s, I’d like to express our sincerest condolences to the families of Elijah Clayton and Taylor Robertson and our prayers and well wishes for all of the victims and their families of this senseless act of violence,” said Nick Yates, Chairman of Generation NEXT Franchise Brands.

Reis & Irvy’s is set to open at Jacksonville Landing in September.  “We’re still committed to The Landing. It has been a fixture in downtown Jacksonville for 25 years, a place where the Jacksonville community will continue to gather despite this tragic event.  Jacksonville is a strong community and won’t allow an act of violence by a disturbed individual to stop us from enjoying the city we call home,” Cheal said.

In addition to the financial donations, Cheal says he is planning a commemorative “ice cream social” in the victims’ honor when he opens later this month.

Brandon Cheal has called Jacksonville home for nine years.  He has two sons aged 10 and 12.

About Generation NEXT Franchise Brands, Inc.

Generation NEXT Franchise Brands, Inc., based in San Diego, California, is a publicly traded company on the OTC Markets trading under the symbol OTCQB: VEND. Generation NEXT Franchise Brands, Inc. is parent company to Reis and Irvy's, Inc. and Generation NEXT Vending Robots.

About Reis & Irvy's, Inc.

Reis & Irvy's, Inc. is a subsidiary franchise concept of Generation NEXT Franchise Brands, Inc. (VEND). Launched in early 2016, the revolutionary Reis & Irvy's Vending Robot serves seven different flavors of frozen yogurt, ice cream, sorbets and gelatos, and a choice of up to six custom toppings to customers within 60 seconds or less at the point of sale.  

This information is not intended as an offer to sell, or the solicitation of an offer to buy, a franchise. It is for information purposes only. No Reis & Irvy's franchises will be sold to any resident of any state until the offering has been exempted from the requirements of, or duly registered in and declared effective by, such state and the required FDD (if any) has been delivered to the prospective franchisee before the sale in compliance with applicable law. Currently, the following states in the United States regulate the offer and sale of franchises: California, Hawaii, Illinois, Indiana, Maryland, Michigan, Minnesota, New York, North Dakota, Oregon, Rhode Island, South Dakota, Virginia, Washington, and Wisconsin. If you reside in one of these states, or even if you reside elsewhere, you may have certain rights under applicable franchise laws or regulations.

Cautionary note on forward-looking statements

This press release may contain "forward-looking statements" within the meaning of Section 27A of the Securities Act of 1933, as amended, and Section 21E of the Securities Exchange Act of 1934, as amended. Forward-looking statements include, among others, statements concerning our future financial performance, including statements regarding: our ability to generate revenue and recognize deferred revenue; our ability to timely launch delivery and installation of our frozen yogurt robots; and our ability to grow our franchising and licensing divisions and launch our corporate-owned and direct sales platforms. The Company bases these forward-looking statements on its current expectations, estimates and projections about future events and the industry in which it operates using information currently available to it. Actual results could differ materially from those discussed in, or implied by, these forward-looking statements. Forward-looking statements are identified by words such as "believe," "anticipate," "propose," "expect," "intend," "plan," "will," "may," "estimates," variations of such words and other similar expressions. In addition, any statements that refer to expectations, projections or other characterizations of future events or circumstances are forward-looking statements. Factors that could cause actual results to differ from those implied by the forward-looking statements contained in this press release are set forth in our filings with the Securities and Exchange Commission (SEC), including our most recent Annual Report on Form 10-K for the year ended June 30, 2017, our Quarterly Reports, and our Current Reports on Form 8-K. Be advised that developments subsequent to this press release are likely to cause these statements to become outdated and the Company is under no obligation (and expressly disclaims any such obligation) to update or revise any forward-looking statements whether as a result of new information, future events, or otherwise.


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