Skinny Nutritional Corp.(fka SKNYQ)

[Lawson Digest]

What's clear is that PE had to be used because no bank would finance a loan to a company with that much accumulated deficit.

PE is not a bad thing, but before someone is going to finance your debt-laden company they're going to ensure that they get their money's worth with as little risk as possible. Owning all the preferred shares and the 15% return on all of their investments + the $10k/month consultation fee helps to ensure this.

Again, this is all my own DD. I would like to own shares of an up and coming company that has a product in high demand, but at the end of the day we have to ask ourselves How Much the company is really worth and what long term potential we're looking at.

For what it's worth, a lot of people following SKNY are also all hyped up about BBDA.