Replies to post #958 on Skinny Nutritional Corp.(fka SKNYQ)

[Toxic Avenger]

It's almost impossible for a pinkie to lose as much money as SKNY has and for long-term shareholders to do well.
On the other hand, I don't think SKNY has enough shareholders to make a dent in product sales one way or the other.

If I had to guess, I'd look for Trim Capital to eventually take them over and private, through a bankruptcy or asset seizure. Depending on whether or not they can find a way to be profitable, the brand may survive, but I don't think the stock will.

[Lawson Digest]

You're right, they do need approval. And part of the new financing that will occur BEFORE the amended articles of incorporation is that 65% of common stock is owned by Trim Capital, making them the majority voter.