then they hired a retread from 2004 that actually believes people like the brand. despite sales data that says people think the brand and products are not worth purchasing. two years into the vaunted turnaround and two people ask questions in the cc and one is a complete idiot. impressive.
Hard to believe just a few years back the former CEO bet the farm on Whoopass. They had a nationwide logo search, and decided on a #$%$ emblem? Go figure. Then they hired some third rate, fat ole body slammer to promote it. Heck they even gave him hundreds of thousands of shares, and then he went on to loose his next three matches within minutes. Horrible decisions made by a worthless CEO. I keep meaning to see how he tanked the company he fled to?
they discontinued it. Did not find out until last minute of conference call. Yeah, that would have sold in Texas. Mistake discontinuing it....
and the reason for the lack of buying is obvious. things aint going great. they have not been going great. why buy when you know you are going to lose money.
miscue did say that they expected to erase the credit facility. are you suggesting she is misleading us? i dont think she would say that honestly. she is bereft of vision for the brand, but i dont think she would lie about financial information like that. i expect in the november the credit facility to be paid to near zero.