The real question has to do with 2012 earnings and the Pringle deal. If the restatements and the removal of Mendes have the effect of mending fences with disaffected growers, 2012 may not be too badly affected. P&G knew the restatement was coming, may be the place they will look for Mendes' replacement if the Pringles deal goes ahead in some form. DMND has at least eliminated much of the uncertainty surrounding the stock.
In AH,m DMND is trading at about $22 and is being featured on Fast Money by Herb Greenberg.