I'd like to interject a few thoughts if I may. No flag waving or bashing.
By outsourcing the packaging for the syrups, they make an easy transistion for a buyer.
Whatever they sell a particular asset/assets for, the buyer will use the leverage of the public knowledge that the price will be affected by the $12,000 interest payment due June 30th, if the there is no sale. Already accrued to 1.4 mil, as we speak.
The ability to achieve reduced loss for the quarter which was OK at 6 cents, was not attributed to organic growth, but rather cost cutting. Cost cutting goes just so far.
The 11th hour backout of the potential buyer of whatever assets in play, will drag the price down over the next few days to the low 30 cents range.,though as we get closer to June 30th, the rumor mills may put wind back in the sails.
How is cost cutting better than organic growth? How does cost cutting become relevant after the initial impact of doing so? What does a bad economy have to do with the food industry's razor thin margins? I never said anything about the stock tumbling this morning. I did mention it would drift lower in the coming days. It appears to be doing so today anyway.