RE:RE:RE:RE:RE:RE:RE:RE:Book value is 0.37 per shareReality Check:
MeatBar is a failure (no one is buying them) - even the BOD hate the name.
GoVeggie was a huge flop they over paid, and the reason they are in the debt pain they are in now. The brand is not paying for itself by any means. = failure
Cedar was admitted to failing in the CC. as no one wants press at the moment.
Central Roast is the only winning brand right now..
and no one is buying anything for 20 mil why would they they can buy the whole company right now for half of this.
Also Matt will not sell because he ownes to much and is way to under. if he sells the company now he loses so much of his net worth.. bad place to be in when a CEO is so tied to a company.
means emotions are heavily involved. He has a family and all..
So if they can make the company profitable which is a miracle at this point then ok this will go up but that is a major long shot. This is a very small margin high cost business.