I know the Bai story quit well and they executed on a strategy and didn't deviate, except to make things better, They had a distribution partnership with Dr. Pepper early on and DR.P started to invest and take bigger stakes. It was in the cards they would get bought out but what is surprising was a year and a half or so ago when Dr. P invested 15 mil for a 3 % stake and Bai was doing 2.5 mil cases. In addition, they had a very charismatic leader. Pulse could be a great winner if the strategies that were implemented were stuck to. The management of the company bounce around with ideas and ways to go every quarter and every year. They basically abandoned the PULSE original product they acquired from Baxter, marketing is abysmal, they start and stop distribution. They had a Wall Street guy in there last year and the day he left the stock was .20 from .07 when he got there in a few months. I heard he left because of the sheer incompetence of Yates and his micro managing and ineffective style. Have you spoke to Yates on the phone or in person? Talking with him is like listening to the teacher from Charlie Brown,,BORING and no energy. Like my Dad used to tell me, some people get it and some people don't. With the right management team in place, we could be worth 10-20 times the value we are today.
