Comments on: Whose Fault is the Coldstone Fiasco? http://www.businesspundit.com/whose-fault-is-the-coldstone-fiasco/ Entrepreneurship, Startup Companies and Business Philosophy Fri, 03 Feb 2012 07:09:48 +0000 hourly 1 http://wordpress.org/?v=3.3.1 By: Don http://www.businesspundit.com/whose-fault-is-the-coldstone-fiasco/comment-page-1/#comment-30571 Don Thu, 06 Jan 2011 02:32:52 +0000 http://www.businesspundit.com/whose-fault-is-the-coldstone-fiasco/#comment-30571 Can anyone tell me how to get on the class action lawsuit for any formers Cold Stone Creamery owners? Can anyone tell me how to get on the class action lawsuit for any formers Cold Stone Creamery owners?

]]> By: kevins a fraud http://www.businesspundit.com/whose-fault-is-the-coldstone-fiasco/comment-page-1/#comment-30548 kevins a fraud Tue, 04 Jan 2011 17:36:41 +0000 http://www.businesspundit.com/whose-fault-is-the-coldstone-fiasco/#comment-30548 Kevin Blackwell runs Kahala like his own personal piggy bank. He is a fraud and he is a bully. He brags about winning lawsuits, he even bragged about the lawsuit he won against the previous owners of Cold Stone. Well I hope our class action lands him in prison where he belongs. We need to demand that the lawsuit audits Cold Stone and Kahala because the book keeper down there is crooked as well. Does anyone know anything about the Robert Petersen trust being an owner in Kahala? I was told Mr. Blackwell owned the majority share…I dont think thats true…I think he lies and makes himself out to be something bigger and better than he is….much like they did with Cold Stone. Must be a part of their business model. Kevin Blackwell runs Kahala like his own personal piggy bank. He is a fraud and he is a bully. He brags about winning lawsuits, he even bragged about the lawsuit he won against the previous owners of Cold Stone. Well I hope our class action lands him in prison where he belongs. We need to demand that the lawsuit audits Cold Stone and Kahala because the book keeper down there is crooked as well. Does anyone know anything about the Robert Petersen trust being an owner in Kahala? I was told Mr. Blackwell owned the majority share…I dont think thats true…I think he lies and makes himself out to be something bigger and better than he is….much like they did with Cold Stone. Must be a part of their business model.

]]> By: Robert Lasher http://www.businesspundit.com/whose-fault-is-the-coldstone-fiasco/comment-page-1/#comment-24417 Robert Lasher Fri, 23 Jul 2010 02:35:01 +0000 http://www.businesspundit.com/whose-fault-is-the-coldstone-fiasco/#comment-24417 Any of you Cold Stone franchisees have equipment to sell? I am in the market for a good batch freezer, a hardening freezer, and some dipping cabinets. Any of you Cold Stone franchisees have equipment to sell? I am in the market for a good batch freezer, a hardening freezer, and some dipping cabinets.

]]> By: franchisee77 http://www.businesspundit.com/whose-fault-is-the-coldstone-fiasco/comment-page-1/#comment-23403 franchisee77 Fri, 28 May 2010 01:09:39 +0000 http://www.businesspundit.com/whose-fault-is-the-coldstone-fiasco/#comment-23403 My husband and I were originally screened by Cold Stone and Kahala and interviewed about our strengths related to owning and operating a Cold Stone. I scored with high scores while my husband was more the accounting type. I received the week training in Arizona and the two weeks in the store. I was fully qualified to run a store if the franchise was a good model, but it is a failed model and they try to pass it off as if it is good. We were given a trainee area developer, and received used equipment sold as new to us. We received no support from our Area Developers in these issues. My husband and I were originally screened by Cold Stone and Kahala and interviewed about our strengths related to owning and operating a Cold Stone. I scored with high scores while my husband was more the accounting type. I received the week training in Arizona and the two weeks in the store. I was fully qualified to run a store if the franchise was a good model, but it is a failed model and they try to pass it off as if it is good. We were given a trainee area developer, and received used equipment sold as new to us. We received no support from our Area Developers in these issues.

]]> By: Patricia http://www.businesspundit.com/whose-fault-is-the-coldstone-fiasco/comment-page-1/#comment-20664 Patricia Thu, 07 Jan 2010 15:27:52 +0000 http://www.businesspundit.com/whose-fault-is-the-coldstone-fiasco/#comment-20664 If you have a problem with a franchise investment, contact the Franchise Foundations <a href="http://www.franchisefoundations.com/franchiseattorney.html" rel="nofollow">Legal Help Hotline</A>legal help hotline at 1.800.942.4402 If you have a problem with a franchise investment, contact the Franchise Foundations Legal Help Hotlinelegal help hotline at 1.800.942.4402

]]> By: G. L. LAMBERTI http://www.businesspundit.com/whose-fault-is-the-coldstone-fiasco/comment-page-1/#comment-14111 G. L. LAMBERTI Sun, 10 May 2009 11:56:43 +0000 http://www.businesspundit.com/whose-fault-is-the-coldstone-fiasco/#comment-14111 MY WIFE & I WERE UNFORTUNATE TO INVEST IN A (COLD STONE CREAMERY "RIP - OFF" STORE) IN CARSON CITY , NEVADA THAT WAS OPEN FOR 14 MONTHS. WHAT A JOKE & THE (CONEHEADS) ARE NO HELP TO THE FRANCHISEES WHEN THEY HAVE A PROBLEM. THEY SURE TALK A "GOOD GAME" AND THATS WHY THEY ARE ENJOYING THEMSELVES IN THE CARIBBEAN ON THEIR YACHT (LAUGHING THEIR ASSES OFF). I WOULD LIKE TO KNOW WHERE THEY ARE DOCKED & PAY THEM A LITTLE VISIT. WE WERE TAKEN IN BY THEIR SMOOTH TALK , CHARM & LIES , AS WE WERE STABBED IN THE BACK & OUR WALLETS RIPPED - OFF. !!!!! MY WIFE & I WERE IGNORANT TO GET INVOLVED IN THIS FIACSO AS WE LOST EVERYTHING WE HAD. AS WE WERE GOING THROUGHT THIS TROUBLED TIME WHERE WAS (COLD STONE) NO WHERE TO BE FOUND. NOTHING BUT EXCUSE AFTER EXCUSE , HOW CAN THEY LOOK AT THEMSELVES IN THE MIRROR. WELL THATS MY STORY , SO IF ANYBODY HAS ANY INFORMATION ON A (CLASS ACTION LAWSUIT) PLEASE "E-MAIL" ME. ( I WANT ON BOARD )GLLAMBERTI@CHARTER.NET THANKS: GEORGE & SHEILA LAMBERTI MY WIFE & I WERE UNFORTUNATE TO INVEST IN A (COLD STONE CREAMERY “RIP – OFF” STORE) IN CARSON CITY , NEVADA THAT WAS OPEN FOR 14 MONTHS. WHAT A JOKE & THE (CONEHEADS) ARE NO HELP TO THE FRANCHISEES WHEN THEY HAVE A PROBLEM. THEY SURE TALK A “GOOD GAME” AND THATS WHY THEY ARE ENJOYING THEMSELVES IN THE CARIBBEAN ON THEIR YACHT (LAUGHING THEIR ASSES OFF). I WOULD LIKE TO KNOW WHERE THEY ARE DOCKED & PAY THEM A LITTLE VISIT. WE WERE TAKEN IN BY THEIR SMOOTH TALK , CHARM & LIES , AS WE WERE STABBED IN THE BACK & OUR WALLETS RIPPED – OFF. !!!!!
MY WIFE & I WERE IGNORANT TO GET INVOLVED IN THIS FIACSO AS WE LOST EVERYTHING WE HAD. AS WE WERE GOING THROUGHT THIS TROUBLED TIME WHERE WAS (COLD STONE) NO WHERE TO BE FOUND. NOTHING BUT EXCUSE AFTER EXCUSE , HOW CAN THEY LOOK AT THEMSELVES IN THE MIRROR.
WELL THATS MY STORY , SO IF ANYBODY HAS ANY INFORMATION ON A (CLASS ACTION LAWSUIT) PLEASE “E-MAIL” ME. ( I WANT ON BOARD )GLLAMBERTI@CHARTER.NET
THANKS: GEORGE & SHEILA LAMBERTI

]]> By: Patricia http://www.businesspundit.com/whose-fault-is-the-coldstone-fiasco/comment-page-1/#comment-13021 Patricia Wed, 25 Mar 2009 01:08:41 +0000 http://www.businesspundit.com/whose-fault-is-the-coldstone-fiasco/#comment-13021 I'm back and just returned from the IFA discussion forums. Incredibly, there are a lot of people asking about how they can tap into their 401k retirement funds to finance franchise investments - like Coldstone. Are these people brain-dead? Or, more likely, they are the victims of smooth-talking franchise salespersons who appeal to the emotions and get prospects so hyped up they don't know up from down. That's the big question of the day. If you don't have liquid, non-retirement assets to play the franchise game, then don't play! Don't risk your retirement assets - that's basic common and business sense. Especially these days where franchise companies only give you a short, 90-day estimate of working capital needs when it can take years to reach the break even point and cost a multiple of the estimated INITIAL investment to get there, if you ever do. There are more great articles about these topics on the Franchise Foundations website. Start with the http://www.franchisefoundations.com/buyingafranchise.html page, then read the new http://www.franchisefoundations.com/fddevaluator.html page. It's an investment that will only cost you time to read. You'll be glad you did. - Pat I’m back and just returned from the IFA discussion forums. Incredibly, there are a lot of people asking about how they can tap into their 401k retirement funds to finance franchise investments – like Coldstone.

Are these people brain-dead? Or, more likely, they are the victims of smooth-talking franchise salespersons who appeal to the emotions and get prospects so hyped up they don’t know up from down. That’s the big question of the day.

If you don’t have liquid, non-retirement assets to play the franchise game, then don’t play! Don’t risk your retirement assets – that’s basic common and business sense. Especially these days where franchise companies only give you a short, 90-day estimate of working capital needs when it can take years to reach the break even point and cost a multiple of the estimated INITIAL investment to get there, if you ever do.

There are more great articles about these topics on the Franchise Foundations website. Start with the http://www.franchisefoundations.com/buyingafranchise.html page, then read the new http://www.franchisefoundations.com/fddevaluator.html page.

It’s an investment that will only cost you time to read. You’ll be glad you did. – Pat

]]> By: Patricia http://www.businesspundit.com/whose-fault-is-the-coldstone-fiasco/comment-page-1/#comment-8273 Patricia Mon, 01 Sep 2008 17:33:32 +0000 http://www.businesspundit.com/whose-fault-is-the-coldstone-fiasco/#comment-8273 There’s an interesting article about the factors to look at BEFORE buying a franchise at the Franchise Foundations website. The Cold Stone case is mentioned, as are other franchise company mistakes under the individual factors. You can find it at http://www.franchisefoundations.com/franchisearticlesi.html#Bookmark4 The author, Mr. Franchise (google him) is a San Francisco franchise attorney, author, instructor and franchise expert. He’s the one who was the franchise expert in the Nagrampa case, where the California 9th Circuit of Appeals threw out the franchise arbitration clause. Sorry, the correct link for the Buying a Franchise evaluation factors article is http://www.franchisefoundations.com/franchisearticlesii.html#Bookmark1 One thing the author, Mr. Franchise, points out is the attorney who traded her briefcase for an ice cream scoop in the Cold Stone case failed to research the l-e-a-s-e aspects before buying the franchise. While you or me might possibly make this kind of mistake - an attorney making a mistake like that? Like he says, it’s almost another bad attorney joke - except she’s not laughing. Paying back a $350,000 loan balance isn’t funny. There’s an interesting article about the factors to look at BEFORE buying a franchise at the Franchise Foundations website. The Cold Stone case is mentioned, as are other franchise company mistakes under the individual factors. You can find it at http://www.franchisefoundations.com/franchisearticlesi.html#Bookmark4

The author, Mr. Franchise (google him) is a San Francisco franchise attorney, author, instructor and franchise expert. He’s the one who was the franchise expert in the Nagrampa case, where the California 9th Circuit of Appeals threw out the franchise arbitration clause.

Sorry, the correct link for the Buying a Franchise evaluation factors article is http://www.franchisefoundations.com/franchisearticlesii.html#Bookmark1

One thing the author, Mr. Franchise, points out is the attorney who traded her briefcase for an ice cream scoop in the Cold Stone case failed to research the l-e-a-s-e aspects before buying the franchise. While you or me might possibly make this kind of mistake – an attorney making a mistake like that? Like he says, it’s almost another bad attorney joke – except she’s not laughing. Paying back a $350,000 loan balance isn’t funny.

]]> By: I.Screamer http://www.businesspundit.com/whose-fault-is-the-coldstone-fiasco/comment-page-1/#comment-6328 I.Screamer Mon, 30 Jun 2008 19:59:27 +0000 http://www.businesspundit.com/whose-fault-is-the-coldstone-fiasco/#comment-6328 I cant' get past the first paragraph where you call it "gourmet" ice cream. Have you ever had it without any mix-ins? It's simply awful. They put a secret additive in it so that it doesn't melt so easily on the stone. But all it does it give it the consistency of Silly Putty. Even Consumer Reports said it was unbearably stretchy and way too expensive for the not-so-high quality. Maybe the public is finally catching on that beneath the mix-in "show" is just a poor product and that's why Cold Stone is having problems. I cant’ get past the first paragraph where you call it “gourmet” ice cream. Have you ever had it without any mix-ins? It’s simply awful. They put a secret additive in it so that it doesn’t melt so easily on the stone. But all it does it give it the consistency of Silly Putty. Even Consumer Reports said it was unbearably stretchy and way too expensive for the not-so-high quality.

Maybe the public is finally catching on that beneath the mix-in “show” is just a poor product and that’s why Cold Stone is having problems.

]]> By: Constance Reader http://www.businesspundit.com/whose-fault-is-the-coldstone-fiasco/comment-page-1/#comment-5897 Constance Reader Wed, 25 Jun 2008 17:41:50 +0000 http://www.businesspundit.com/whose-fault-is-the-coldstone-fiasco/#comment-5897 Ah, but where was the information necessary for franchisees to fully understand the business supposed to come from? Coldstone, of course. Unless there's a magazine called "Cold Slab Ice Cream Store Monthly" out there somewhere. Ah, but where was the information necessary for franchisees to fully understand the business supposed to come from? Coldstone, of course. Unless there’s a magazine called “Cold Slab Ice Cream Store Monthly” out there somewhere.

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