New Leadership - Check
New Strategy - Check
New Financing to buy time for turnaround - Check
New Hires to execute this strategy - Check
RESULTS from turn-around- Sorry not yet- Back Half 2014.
Until you can actually see the turn-around producing the desired results, i.e revenue growth ( or stabilization at a minimum) and bottom line profitability , what is left to drive the PPS? Wishful thinking?, I think Hoby is a great guy and can do it?
The ONLY ST catalyst IMHO is the whispers of a buy-out, which I believe is the only suitable option for SKUL at this point. The business has shifted, their are much bigger and better capitalized competitors in this space and their biggest value now is the brand and their shelf space in the hands of somebody already in the category that needs a secondary brand to execute a two tier pricing strategy or a dual brand strategy to satisfy the retail channel giants. JNHO.