Why, Sir Basser, you should know by now that the "idea" man is not necessarily the person with the appropriate skill set to run a business. Unfortunately, some people can never admit that to themselves, and thereby relegate what could have been promising concepts into the graveyard of broken dreams.
And don't forget....that "measly 214 thousand dollars" was the net....the asset value was three quarters of a million dollars.
Don't tell me that a sharp manager couldn't have made this a successful business with that kind of asset base. Now that they're on life support, it's just a question of when to pull the plug.
IMO