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Message Boards Settings Jones Soda Co. (JSDA) - Quote Info
Expectations for the Quarter Today      5-Nov-09 10:32 am    
Ok so we all know have Jones has been burning through cash recently...yes they have no debt but they've gone from:

2006: $30 million
2007: $27.7 million
2008: $12.63 million

and more importantly the last 3 quarters

12/31/08: $12.63 million
03/30/09: $8/2 million
06/30/09: $7.15 million

Now it seems they've finally realized that they will soon go bankrupt at this rate even if they don't have any debt, they are already getting threated to get kicked of the NASDAQ.

So far this year they've fired 16 workers (lets say $40,000x16= $640,000 in savings.

They've also got rid of their box suite if I remember correctly, needless to say their extremely high operating expenses should be cut and I'm guessing that this is what they'll stress during this quarter. A year ago they had a high revenue of $8.68 million but their operating e
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poohtoff

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Expectations for the Quarter Today
poohtoff Not rated 5-Nov-09 10:32 am  
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Jones Soda Co. (JSDA)

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