Pulse Beverage Corp. (fka PLSB)

[up2nuttn]

Jack,

The brand name itself and it's copyright, the formulation to the PULSE Heart & Body Health brand (even though it's not in production) are the only two real assets of the company. The inventory of bottles, caps, labels, and office furniture is quite minimal. You would essentially need to buy their leases out as well, for the only two locations they have their name on the dotted line...small office space and small warehouse in Colo, everything else is outsourced.

but, to your point, because there is a clear lack of big assets, and the amount of debt they have, a BK would look very inviting for an acquiring company