Foxinvestorthanks for your reply.It's hard to answer...

Foxinvestor

thanks for your reply.

It's hard to answer without all the information about their existing commitments.

However, whether EXL management realise or not, the house is on fire and they need to escape the flames.

Any fixed cost they can remove should be razored now.

Terminate all employees who can be.
Mothball any fixed assets.
Retain only the income-producing assets namely the sales channels and branded products.
Shift all manufacturing to co-packers
Raise prices until a sustainable profit can be achieved

If it can't be, close the business