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dippin dots nutrition Brook Lopez Womens Jersey , The frozen treats for the future is struggling to outlive.


After a four-year battle with its biggest lender, Dippin’ Dots Inc. declared Chapter 11 bankruptcy protection on Thursday in U.S. Bankruptcy Court in Paducah, Ky., to prevent foreclosure.


The maker of the quirky and colorful ice cream beads, which are flash frozen using liquid nitrogen, owes $12 million Julius Randle Jersey , the majority of it to some unit of Regions Financial Corp., which gone to live in confiscate the loan this week.


The 170-worker company, which calls its frozen treat “ice cream of the future,” fell into technical default 4 years ago in the peak from the financial crisis, when customers were no more willing to spend the few dollars it cost for a cup.


It’s about 140 Dippin’ Dots retail locations, that are mostly controlled by franchisees Brandon Ingram Jersey , and agreements with 9,952 small vendors who sell the ice cream at fairs, festivals and sports games. It’s not bought from supermarkets because of its extreme cooling requirements.


Its sales woes came in the tail end of an expensive legal battle-one that the company ultimately lost-over whether founder Curt Jones properly filed the patents that protected its special freezing process.


“All of that hit us simultaneously,” said Steve Heisner, the company’s director of administration, customer support and knowledge systems.


dippin dots nutrition Magic Johnson Jersey , Mr. Heisner said that Dippin’ Dots offered Regions several proposals to pay for some of their loan, however the bank rejected the offers before posting a foreclosure notice on Tuesday. A representative for Regions Bank declined to comment.


The organization said its assets are valued at $20.2 million. It owns a 120,000-square-foot plant in Kentucky that may produce more than 25,000 gallons of frozen dots each day.


Mr. Heisner said the company doesn’t be prepared to sell its operations, that are still mostly of Mr. Jones, a microbiologist who started the organization in 1988. The company continues to be hailed being an achievement in entrepreneurship by celebrities such as Oprah.


The company said it sales are slowly recovering. As of Thursday Kobe Bryant Jersey , it reported having $27.7 million in revenue, above last year’s $26.7 million.


Company executives sought court permission to spend a few of the cash collateral that secures the Regions Financial loan to enable it to continue operations. The court set a Nov. 17 hearing on its request.


“Without utilisation of the cash collateral…[the company] will not be able to pay for its vendors, and its vendors will probably cease to provide goods and services towards the debtor on credit,” the company’s attorneys explained in the court documents.


Based on the company’s proposed price range, it’ll need a minimum of $23,000 to cover liquid nitrogen alone with the end of the season. The liquid nitrogen is used to help keep the ice cream dots below the required temperature of minus 40 degrees Fahrenheit.dippin dots nutrition


The author is an avowed business and life guru. He has a diverse background being a Management Consultant to Fortune 500 and small businesses for the past twenty years. He graduated from Grambling Brook Lopez Jersey , RPI and Harvard University.


BEIJING, Jan. 28 (Xinhua) -- Forty-three new small and medium-sized enterprises debuted on China's National Equities Exchange and Quotation (NEEQ), also known as the "new third board," last week.


The newcomers brought the total number of companies on the board to 11,603, according to the NEEQ data.


Weekly turnover on the board stood at nearly 2.3 billion yuan (about 363 million U.S. dollars) Cheap Los Angeles Lakers Jerseys , up from 2.18 billion yuan in the previous week.


NEEQ was launched in early 2013 to supplement the Shanghai and Shenzhen stock exchanges in serving small and medium-sized enterprises. It is seen as an easy financing channel for small businesses, with low costs and simple listing procedures.


BEIJING, Jan. 29 (Xinhua) -- As more Chinese cities impose bans on fireworks ahead of the Lunar New Year holidays, a number of people have come up with a creative and often hilarious response: mimicking firecrackers.


A video showing several groomsmen vocally reproducing the bangs of firecrackers, at a wedding in the eastern Chinese city of Dezhou, went viral on Pear Video Lonzo Ball Jersey , a popular video-sharing website, attracting more than 700,000 views.


"So creative. It's good for the environment," said a user on Sina Weibo, a Twitter-like platform.


The smoke-free firecracker show was the brainchild of the newly-weds, who tried to create the same celebratory atmosphere while not breaking local regulations.


Earlier this month Kyle Kuzma Jersey , the government of Dezhou imposed a three-year ban on fireworks in the city proper, to reduce pollution, ensure public safety and protect property.


Setting off fireworks or firecrackers is a part of Chinese tradition during celebrations and festivals. It is believed the noises drive away bad spirits and bring good luck.


However, due to environmental and safety concerns, many Chinese cities have imposed bans or restrictions on fireworks.


Last year, more than 444 cities in China banned fireworks during the Lunar New Year holidays Tyler Ennis Jersey , while another 764 cities put curbs in place, according to the Ministry of Public Security.




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