I understand where you are coming from since it was never done before, especially after the Pamplico facility debacle. Unfortunately, as a public company, they should had been a bit more realistic with their projections to account for the mishaps, but I guess management needed the cash. In the end, the former employees and the shareholders were left out to dry.
I wrote to the company voicing my concerns about 2 weeks ago, but I still have not received a reply, which is very disappointing. Yet, the new Crailar FTI, with almost the same management, is revamping their website for a Sept. 30th launch and the hard earned money the rest of us invested is just dust in the wind.
Register for free to join our community of investors and share your ideas. You will also get access to streaming quotes, interactive charts, trades, portfolio, live options flow and more tools.