RE:RE:RE:TaxesNever tried it any product. If they sell the drink division, they can use the proceeds to fund "gummy" expansion. Far easier and cheaper to distribute.
Don't think they're half wits. The team is still struggling to establish a post launch trajectory and gain sufficient margin to grow. That brings in a host of factors inside and outside the business.
A more established canner is buying a brand....and has the money and power to grow it.
So the team could be making a smart move here.
Of course I want this to result in a deal. This non binding agreement allows a peek under the hood so the next month will prove eventful one way or another
Oh and I think the financials are still late
Saving grace for me is little on the line with enough shares that if it does run like before....
Hhhhhhjj8888888 wrote: Agree with your assessment fully. I went in a bit more than I should have. Had I known it was being run by halfwits I probably would have gone a different way. Lesson learned. It's a shame as the product is really good.