The great Cott debacle

What started as a picturesque and possibly well-intentioned dream, named after someone's favourite beach/pub, has ended in utter failure. This is a corporate collapse/delist coming. Unfortunately there is very little opportunity to get out of this stock. Neither the Non Executive Chairman or the contact from Grange Consulting are returning investor calls. $20m in cash taken, and burned...... Investor lesson learned - I'll never invest in a company involving any of the deadly troika who were at play here.

Even Armour Energy, seemingly doomed, has managed to take advantage of this energy market in picking up bargain assets. There was a tremendous opportunity here for Cott, who appeared to be a half decent company at one point, to reposition while there were distressed assets aplenty on the market, and plenty of private equity interest.