So now we're consulting a firm to "evaluate options" on managing the debt.
- 16 straight quarters of revenue and customer declines.
- Negative equity
- No ideas (it took how long to try Tiktok?)
- No brand recognition with anyone under 40 ("um, yeah, my grandma watched that I think" )
- Free cash flow in the toilet (Project Athens did not meet 90% of the stated objectives)
- Nothing but headwinds, cable cutting, industry consolidation, and now tariffs
The company can not exist in its current form much longer. Maybe there's a buyer out there - but not with all of the debt we carry.