Heck, the last time this company saw anything that was much highers was years ago.
They have poor leadership, poor product (whomever this David Bond is that was listed in another post should be shown the door and told "Go work at McDonald's!"), have not shelf space that I have seen and is only looking to find the highest bidder so the Nichols family can get all sorts of cash while saying to those of us who actually believe they could turn things around are left with squat!!!
The enterprise value is only 70m for 221m in revenues. Compare that to any of the other shoe companies and I think there is a potential to triple if they can become profitable. They are really too small to cover all the substantial costs of being a publicly traded company and therefore are a compelling takeover candidate. Only problem is that won't happen until Mr Nichols is ready to retire.