Tuesday, July 01, 2014 1:31:42 PM
But management were grossly negligeant, IMO, in failing to mitigate the risk of the market not maturing fast enough, and not cutting WAY back on their burn-rate so as to weather the economic downturn.
They also screwed-up enormously with the Magna funding, which was the start of their downfall.
CERP was supposed to be one of my really big wins. I managed not to bet the bank on this, however, unlike anoher plastic-related company that is just about kaput too.
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