Given the age of the company CEO (80's) I have to wonder if in fact the son will take over?
My gut says this company could close its doors once they run out of furniture to sell at 80% discounts...looks more like a fire sale than a normal inventory removal. Let's hope I'm wrong for the benefit of the longs sitting on millions in shares and hoping that "some-day" the CEO can get this company on track.
With what has been disclosed in the latest filings and a lack of meaningful PRs, I'm just glad I'm not sitting on millions of shares...LOL