What should, be clearly remembered. Is Peter James and the KTD board claimed to have due diligence. On this Omniblend, well bollocks to that having been done at all. If a company, turns over as they claimed 29-31 Million Dollars a year. That after, close to a decade of that occurring in any way. Would have assets, Property and equipment etc., no they had NAF all. purchased with DEBT of 5 Million and no assets but an overload of GOOD WILL.
What a joke, they are in there respective roles.
To then find out later, Omniblend Nourish is the Infant Formula and Exporting arm of Omniblend.
Why would, any logically thinking board do what they have done.
HLF Price at posting:
7.9¢ Sentiment: Hold Disclosure: Held