Obviously....I mean why else would they be swapping debt for shares, and selling property to pay off debt at highly reduced levels....that's right....so they can file bankruptcy. Some people are just idiots ^
Small difference here nut ball. The 7-11 is a private label deal, so technically as soon as Jones ships the product, which was ordered, Jones is able to record the revenue, it's actually nothing like the Fizz.
Jones can't be forced to buy it back, it's a sale as soon as it leaves the dock dumbo.
Let's discuss those horrible margins they'll make on the 7-11 deal....you know, one of the best quarterly margins I've seen them put up in a long time. I guess i'll wait until next week, just to make sure they don't file bankruptcy before then!
Not really a clue this time around. In the past, I'd assume a pretty straight forward increase/decrease in sales based upon the last few quarters of yoy change. With the 7-11 deal, the timing of it, the amount they got shipped out prior to end of 1Q, it's pretty much impossible to put a number on that.
I'd say my bare minimum expectation would be somewhere around $3.25M in revenue. But again, timing and such of shipments, who knows where we're at. The call will be a good indicator of how things have gone for the last few months since this got started.