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Message Boards Settings Jones Soda Co. (JSDA) - Quote Info
Expectations for the Quarter Today      5-Nov-09 10:33 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 expenses were so high at $13 million that this is absolutely what they will be talking about.

I think the key is their cash reserves, if it slips another million or two and it could sink fast. If they come up with some cash the stock could rise dramatically, what do you guys think?


Sentiment : Hold
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poohtoff

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  Subject Author Rating Time of Post (ET)  
 
Expectations for the Quarter Today
poohtoff Not rated 5-Nov-09 10:33 am  
 
you never know...they could have an increase in ca...
dvdbckagn Rate it 5-Nov-09 10:41 am  
 
I hope I am wrong, but I am prepaired to wait...
allygator22... Rate it 5-Nov-09 11:34 am  
 
several dismal quarters...imo i think if...
dvdbckagn Rate it 5-Nov-09 11:36 am  
 
1-1/2 hours for the report,,,
dvdbckagn Rate it 5-Nov-09 02:59 pm  
 
The need to adress sales and inventory turnover mo...
utlx752 Rate it 5-Nov-09 03:13 pm  
 
an increased position in CA$H would be nice. ...
dvdbckagn Rate it 5-Nov-09 03:16 pm  
 
The foundation has been set for recovery...
utlx752 Rate it 5-Nov-09 08:58 pm  
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Jones Soda Co. (JSDA)

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On Dec 30: 0.4675 0.00 (0.00%)
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