Well said. PSG killed itself after a poorly executed acquisition binge under the stewardship of Pat Stone. He's gone, and they're now repositioning as an East-coast bottler/distributor with a "refreshment" edge. They're also diversifying into office water filter systems, which are filtration systems that are plumbed into the wall rather than requiring the old truck to keep delivering the bottles. The revenue stream being the replacement filters every month or so.....the jury's still out on this one....
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palm springs limited
will ccl have another go at this one, page-6
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