Marygold Companies Inc (MGLD)

[hometownJOE]

Soon? Hope? That's no way to run a company.

What then? Game plan?

Short term objective: Get cash. Grow biz.

If I was CEO:

STEP ONE: Cut expenses by laying off under-performing sales people and get rid of any employee who doesn't generate sales. In other words, cost control.

STEP TWO: Borrow against inventory. Sale of account receivables.

STEP THREE: Swallow your pride by product licensing (thereby eliminating the need for in-house salespeople overhead). Sure, keep the few hotshots while augmenting sales through partner channels.

STEP FOUR: Whooooops, the most important step to take is...... Sorry, no free advice. LOL

I am sure any beginner CEO knows STEPS One-Three, but you would be surprise how many CEOs do not know how to execute them effectively or efficiently. So many CEOs just cry, I NEED MORE CASH (until no one listens to them anymore).