Financials are going to show huge debts, intangible write down, and the company trading in an insolvent position. You talk margins, same story as in BWX, they had margins at 60%+, where are they now.. gone...because they played games with the recognition of revenue, stock shelf stuffing, and some real magic in year end reporting. Where was ASIC...no where.... HLF CEO and BOD living in la la land believing how great and strategic it was to acquire THM, spending money, and not pushing cost management and profit margin.Gross Profit margin is useless if your operating expenses are draining the bank and creating net losses.
HLF Price at posting:
1.2¢ Sentiment: Sell Disclosure: Held