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Tuesday, July 19, 2016 2:04:23 PM
The reason given for its defunctness was a lie for the founders to save face, but it definitely went out of business due to a failed business model and inept management.
More specifically, the company was losing money because selling refrigerated pancakes in a can, as it turns out, doesn't make money.
That's why other professional retail food companies aren't doing it. They know how to do simple math and they aren't lying to sell shares.
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