who took the $8mm from cash, no corporate stores opened, so where is this money? in inventory? in someone's pocket?
these are questions that need to be answered.
548 jambago machines? what happened to getting 1500 by year end? the pr doesn't talk much about it anymore, did they lose focus once again on another failed product? james you have a good product but you need to move faster.
I was not the only one looking at the balance sheet and trying to figure out WHY the 8 million drop off in cash, why was it not picked up in the re-modeling, new juice format, etc, of their stores in California? any other ideas? or was is payout in bonas ? you are right, it makes me wonder WHY it was not transparent as to explain, "THE REASON FOR THE DECREASE IN CASH ON HAND WAS............
deployment of 500+ JambaGo...........cost to build, ship, install.........I heard someone say JambaGo was cash neutral (to build out), but again, devil in the detail. Still think White takes too much compensation for these results.
yeah, $8 Million for this company is big bucks. Did we just move money around to show a profit? Did we reserve for some big bonuses for White and co.? The devil is in the details or we will have a disaster in the 2 nd. qrt.