And again, you need to ALSO say WHY. They had a commitment of more than $8M to EXPAND manufacturing to fulfill reorders of their products. They already delivered 23,000 units to Home Depot and had re-orders of more than 18,000 units. That was late 2008 - WHEN THE MARKET CRASHED - money dried up, consumers were't buying anything anymore. No more money - no more public company. Period. Even MasterLock dumped 15% of its workforce because of the crash, just like 1000's of other companies. But I guess putting $600K of their own money in, personally guaranteeing $4.5M in debt loans and attempting to take stock out of the market with a last ditch effort reverse split to try to save the company doesn't count. See, when I conduct an analysis, I just don't look at the what, I look at the WHY, because that is whats revealing. Not all facts by themselves explains reasons why, and reasons why go to experience and judgment. Obviously they had no other choice.
