Generation NEXT Franchise Brands Acquires Robofusion, Inc. Intellectual Property Assets

Intellectual Property Assets from Robotic Tech Firm to Expand Generation NEXT s In-House Development of Future Robotic Vending Technologies SAN DIEGO, CA VEND,(Marketwired Jan 3, 2017) Generation NEXT Franchise Brands (OTCQB: VEND) announced today that it has acquired the intellectual property assets of South Carolina-based Robufusion, Inc., a developer of robotic-kiosk vending technology. As a result of this mutually beneficial deal, Generation NEXT will provide Robofusion a cash payment of $420,000, issuance of a three-year, $2-million note and warrant consideration
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