There needs to be major changes at LBIX if shareholders are going to see any return on their investment. It's obvious by the above numbers Wall Street isn't impressed with LBIX's management, the question is when will things change. The loss of HANS products caught LBIX totally by suprise (so they claim) Has that brand manager been fired, clearly he was asleep at the wheel if he didn't sense that coming.
Ralph, take a good look at the "sugar water company" JSDA and see how they put together one of the hottest beverage companies listed on the Nasdaq today, and they don't even own a bottling plant!
LBIX is currently locked in a vicious circle, increased slotting fee's and marketing expenses grow sales but produce no bottom line profits. The company has always invested their free cash flow into promotional expenses but with the loss of HANS revenue how will they ever generate enough cash to properly promote their hottest product, TrueBlue?
I am not impressed with wallstreet.Wall street makes money for wall street.Jsda and hans has made money for wall street and I wish I bought them low but I did not.How long you think they have to run? cheerleadering is ok if you have chance of making good money and believe in a company.