Again. Take a look at a bigger picture. $97M-$80M=$17M, which is mainly for high interest, legal, penalty and late fees. CPI would have had an even or profit business during the worst recession in our history.
With respect your argument of the business generation by PMS, one can always argue that SPS could have more business if we let PMS go bankrupted. We might have shared the PMS business with Lifetouch, and had better and more profitable business.
More importantly, do not take a “Not Me" attitude. Perhaps, you spreaded the words of a BK and/or a liquidation of CPI because you heard them from your DM or RD. But, since you don't know the facts, you didn't have to spread the words again in public. Another words, you are the same as those, who were spreading false rumors or speculations. Be more responsible!!
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