it sounds like they cannot get the operating cash flow under control. and with 17 milion debt on the books it will worry the bank. seems a cool brand and nice plan to revamp it but they need to start being op c/flow +ve. Otherwise the previous problems with receivables/payables will pile up again. It is so similar to GRB Gage Road Breweries. I will keep an eye on BUG. It has a potential.
