Sunday, December 09, 2012 12:42:33 PM
Pay off some debt, Share buyback, expand/add new drink/flavor
What the Bashers will post:
"Despite its best efforts," Play Beverages acknowledges it failed to meet the minimum net sales required by its licensing agreement.
The italic/bold is what bashers will post, and try to highlight on it but the facts are plain as day, PLAYBOY Failed to Void agreement when they learned about this, instead they were trying to circumvent PlayBev/CBC by doing dealings with others and trying to force them into bankruptcy.
PlayBev/CBC claims PlayBoy knew this, but chose not to declare it in default "because Playboy appreciated that PlayBev had made significant progress in developing the market for the Playboy Energy Drink." Must have rang true since the JUDGE through them out on the steps.
$$$ Severly Addicted to Mad Money $$$
It is not always what we know or analyzed before we make a decision that makes it a great decision. It is what we do after we make the decision to implement and execute it that makes it a good decision.
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