Post by
BarstoolSage on Aug 28, 2024 1:20pm
Sidelines glance
Deep underwater but with $1500 total in.... if its gone its gone and I will still sleep. Yes, management overpaid for what they delivered which is essentially the FIT Soda business up for sale, with a non binding LOI from a company looking to raise money to buy it...and perhaps other interested parties??? proceeds to pay off debt and stabilize the company.
Maybe gummy business is a better use for formulations...dunno. I expect this will end a slow death