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Cork & Olive: Will Rainer Appold Seize Hold of the Reins?

(Best Franchise Opportunities)  Rumors are swirling about what will and/or should happen next with the troubled Cork & Olive wine franchise chain.  Some say Rainer Appold will soon take ahold of the reins.

Dummy wrote: 

"So the word on the street is that Rainer is going to re-open the franchise corp. He will be running the show. Who knows?" and "Not all of the other franchisees are on board with this. Several would not touch Rainer with a ten foot pole. Burn me once, shame on you. Burn me twice, shame on me."

Adam asked:

"What are people’s opinions of Rainer Appold? I’m told that he and a few others are putting up money to revive Cork and Olive without any involvement of Michael Probst.

Does anyone know if it’s true that Appold and Probst are not getting along these days?

Can a Cork and Olive led by Rainer Appold succeed?

I’m told that most of the current franchisees are on board with this, except for the stores owned by Rick Munroe. Does anyone know if this is true/not true?"

WHAT DO YOU THINK?  WHO IS RAINER APPOLD?  DOES HE HAVE A GOOD REPUTATION?  CAN AND WILL HE PULL TOGETHER CORK & OLIVE & GET IT BACK ON TRACK?

AND WHERE IS MICHAEL PROBST IN ALL THIS?

 

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135 thoughts on “Cork & Olive: Will Rainer Appold Seize Hold of the Reins?

  • formeremployee

    I agree Wanda. We’re losing sight to why these forums were actually created- to voice what we know and to help put an end to the trilogy getting away with it! It seems there is a trouble maker on here that is playing games using other people’s names such as The Joker pretending to be Regina. I know Regina and she does not even write like that let alone talk like that. Several of us (we talked) believe it is the old accountant Kathy or Cathy whatever that is trying to start trouble like she always did. A note to Kathy – we know you are DITTO ( you gave it away a few times) so go away and stop causing trouble! Sorry Regina I know she’s a pain.

  • George - Clearwater Store

    Slight chance that we get patd – do we need to fill out any paperwork?

  • Again, I am not current Ditto. And No, I am not Joker. I have work to do, so I will say see ya’ll and best of luck in finding jobs!

  • ex-employee

    paychecks? HA ask Ms. Nelson – oh wait – she took the rest of it for her PAID VACATION and forgot about the hard working employees that didn’t get paid yet! nice woman eh! NOT we are all still waiting for it. I was told that it could be a few months but that ‘hopefully’ we would get our last check. Thank Mr. Probsts too.

  • P.S. to whomever thinks/thought I was a pain. For the entire time I worked at C&O, I MADE SURE you got paid, so think about that before you determine that I started trouble!

    Pauline and I had to deal with the stress of knowing the REAL financial situation and trying to keep it from you all. I think we both deserve a lot of credit for dealing with the situations at hand that Michael and Stephanie dealt for us!

  • ex-employee

    Hello Wanda have you heard anything about what’s been going on with the bankruptcy? I heard there was a hearing yesterday and another one today? any idea???? I certainly hope Mikey and Stephie and Debbi don’t get to just walk free!!! what can we as ex employee’s do? any idea?

  • So… we are about 6 weeks into all this crap! I have to admit.. I am prob. the most relaxed I have been in months. I have realized that C&O was just a stepping stone in the direction I am headed. I think if we were all honest with ourselves we would all agree that we were done and ready for the next step. It has taken a toll and we have all paid. It is time we all move on. We were dealt an injustice but have we not gained an enormous amount of strength through all this? We had an incredible amount of stress and indecision but who really came out on top? We did! We knew and know how to run a business and what not to do! We can take these strengths and move on to a more productive job and life. We believed and worked through all the sh..! We came out on top! We as a team worked our tails off and made a difference! We may not have gotten paid for our efforts but do not let the couple of people that thought they had us by the balls take that away from us! We stuck it out and believed! That is something no one can take from us! We did that! We worked hard! We believed! We kept the dream! As a team we tried our very best! The franchisees know that! My time with all the corp. team was an awsome experience! I love all of you and have developed friendships that will last a life time! I would go through all the sh.. again to have that! I love you all! No exceptions!

  • Wanda [troll]

    Fags!

    [This highly intellectual and insightful post was obviously not from the person previously posting as “Wanda” – ADMIN]

  • former employee

    SOMEBODY PLEASE TELL ME THAT MICHAEL AND STEPHANIE ARE NOT JUST GOING TO WALK AWAY FREE FROM ALL OF THIS MESS THAT THEY PUT THIS COMPANY THROUGH???!!! THEY HAVE GOT TO BE RESPONSIBLE FOR THE TAXES AND RIPPING OFF THE NEW AND EXISTING FRANCHISEES!! WHAT HAS HAPPENED TO THE HONESTY AND RESPECT OF THE AMERICAN JUDICIAL SYSTEM???? AND as an FYI…. word on the street has it the STEPHENIE NELSON IS PACKING UP AND MOVING TO CALIFORNIA WITH AND FINALLY GOING TO GET MARRIED AND SET UP SHOP THERE! INTERESTING EH?

  • another ex

    Yes – And how many told there kids – no vacation this year Michael & Stephanie didn’t pay us for vacation time owed or last paychecks… There both dirtbags.

  • Just though you should all know that Reiner just bought Cork and Olive and is planing on trying to sell franchises. Proceed with caution folks. He is in business with Probst and has been in business with Probst. So if you even think about doing business with this smooth talker, remember he is Probst “mini me”.

    Maybe Stephanie Nelson ??? will return from CA and become Reiner’s VP? Maybe Probst will be his CEO.

    So if Reiner is the owner of World Wineries and Vinocean than he can’t sell retail wine too. I imagine that is why Augenti has the license.

    This has all been planned for a long while. The puzzle is finally coming together. They are all guilty of fraud. All the Germans knew how to get around the law with the help of their attorneys.

    Spread the word… Hopefully blogs like this will warn people in the future not to do business with scum like them!

  • Is this for real? Do the current franchisee have to do business with Rainer? What’s the deal?

  • anotehr former employee

    stephie is selling her condo and moving to CA to get married. he already has a new VP and trust me it’s not HER . she has NOTHING do to with the business nor does he want her part of it. and neither is augenti…… she is still in biz with mikey and going to have a company that has individual distributorships for a small fee of course! HA………. THIS HAS BEEN VERIFIED, PROBST, NELSON NOR AUGENTI ARE PART OF NEW COMPANY – CALL HER AND FIND OUT [Deletion]

    [Please don’t post people’s personal contact information. Thanks. The Mgmt]

  • Wanda
    As usual your info is flawed. Rayner is part of a group taking over c/o in
    chapter 11.. Nelson and Augenti are not involved in the new group.

  • The whole situation is flawed. I am writing what I hear from sources that I think are reliable. If the info is flawed then sorry.
    Glad to hear Stephanie will be out of the area. Hope the people of CA are careful. Probst is the lowest form of the human race, didn’t “his people” pass in a bunker?
    Thanks for the correct info.

  • Dear Enuff,
    I would like to know why you always tell me what is wrong with my information but you never give any?
    Are you concern about the injustice these AH’s have given innocent folks or are you one of the band of thieves members?

  • wanda
    give it up…it is over.
    goodbye

  • what is over enuff. Are you the “fat lady that sings?” It is over when the Probst is in jail.
    Again, enuff lots of scolding but no info.

  • ex-employee

    enuff – we’ve had enuff of you… it’s never over, these people need to be stopped from taking advantage.
    enuff – have you been paid for your services @ Cork & Olive?

  • wanda
    you are one sorry ass angry idiot

  • Not angry at all, just want to see you enuff and Super German get what you deserve. Glad that you are upset with me.

  • wanda
    zzzzzzzzzzzzzzzzzzzzzzzzzzzzzzzzzzzzzzzzzzzzzzzzzzzzzzzzzzzzzzzzzzzzzzzzz

  • As always in life there are good people and bad. We all decide which we are. Obviously enuff is angry with me because I choose to tell all I know and hear about a very bad person/ persons. Too bad, enuff I will continue as long as there is Super German and his gang of thieves. Can’t decide which gang member you are and frankly don’t care.

  • wanda

    ZZZZZZZZZZZZZZZZZZZZZZZZZZZZZZZZZZZZZZZZZZZZZZZZZZZZZZZZZZZZZZZZZZZZZZZZZZZZZZZZZZZZZZZZZZZZZZZZZZZZZZZZZZZZZZZZZZZZZZZZZZZZZZZZZZZZZZZZZZZZZZ

  • Wanda

    7 million in debt……. No asset, no direction, no investors, no business. Bush Ross is still behind the loser. New bankruptcy attorney, different name same office as his “old attorney”. Guess the thieves stay together.

    Are you hoping to pull out of this one? Don’t think you can pull it off. You may have thought you can get out of this mess. It will catch up with all of you. Your former employees remember you stole from them. The franchisees now realize that you sold them a business that was already going under.

    Still drinking coffee at Starbucks? Can you still afford to buy those $300. dinners?

  • wanda
    First you say he stole millions.
    Now you say he doesn,t have a pot to P in.
    Sounds like you don,t know your ass from second base.

  • what's going on

    whats with you enuff? why u picking on wanda. shes just providing info to all involved and u seem to have a problem with this. he stole millions from many poeple -maybe even u yet u probably dont care. he doesnt have a pot to p in which is the way all involved want it. lets not forget what this forum is about. what ever happened to stehpanie nelson? did she finally move to another planet? about time! and what ever happened to the employees final paycheck? I’m still waiting!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!

  • Looks like the new plan is to pay former employees first. Hope they they can do it. As far as Wanda, just don,t like one sided bull sh t.

  • enuff, why do you not like one-sided bull? That is all any of us ever got from Michael and his babes. And it was all lies. Do you not care about the good people who spent hard-earned money investing in this racket? Do you not care about employees who worked their tales off and had to lie to franchisees just to keep a job, only to be screwed? Do you think it is ok for Rainer to come back in and demand that things return to the way they were as if contracts were never broken? Sorry, now you are dealing with people that are on to all of you. No more free rides. You will have to work your tales off for a change.

  • wanda

    One sided?
    I am on the side of right. Super German has gone bankrupt to the tune of 7 million. Yes, he stole the money from everyone he could. Now, does he have a pot? Who knows?
    All I know is that he is still able to reopen stores and everyone he owes money to is left wondering how this is able to happen.
    And I don’t care what enuff is saying. Thank you what’s going on for understanding why I bother to blog.
    By the way how do you know enuff that he is planing on paying his former employees? Is he planing on paying all the formers he owes money too?

  • Probst is no longer involved in c & o. The new company is being run by a group
    of three. One is Rayner, one is the former cpa from the hedgefund. I don,t know who the other one is.
    But employees, vendors, franchisee s are better off than they were before.
    Why ? Because now there is a bankruptcy judge overseeing everything.
    No gurantee,but better.
    All I am saying is, rehashing all of the old crap doesn,t help anyone.

    .

  • ADMIN

    Probst is no longer involved in c & o. The new company is being run by a group
    of three. One is Rayner, one is the former cpa from the hedgefund. I don,t know who the other one is.
    But employees, vendors, franchisee s are better off than they were before.

    Is the new group planning to enforce the franchise agreements of the abandoned franchisees, or are the franchisees able to operate as independents? Can they continue to use the name & trademark?

  • admin
    To the best of my knowlege, the answers to both of your questions…is yes.

  • secret

    well now everyone might find this to be interesting: http://www.sunbiz.org. document number P08000107072. MIchael Probst, CEO of his new company MERGER AND ACQUISITION CORP. ARE YOU KIDDING ME??????????? HOW CAN THIS MAN BE ALLOWED TO OPEN ANOTHER BUSINESS WHILE SCREWING ALL HIS OLD EMPLOYEES,FRANCHISEES AND INVESTORS? WHAT THE HELL?????? This was just done on 12-4-08. I MEAN SERIOUSLY ARE YOU KIDDING ME?

  • Enjoy your sad lives

    Michael passed away last year . When he passed he had been penniless since Cork and Olive closed . Everything he had was invested in the company. He lived off the German government , living in government housing . Hope this makes all of you happy. He tried to make a go of it for all of us .

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