financial woes

Frozen Wages: Dippin’ Dots Files for Bankruptcy

Time machine.

Time machine.

Sounds like the ice cream of the future is coming to terms with the fact that it might not be around much longer: The Wall Street Journal reports that Dippin' Dots, Inc. (would love to see what their business cards look like, by the way) filed for bankruptcy protection yesterday and has spent the last year "fighting off foreclosure efforts from Regions Bank." Obviously filing bankruptcy papers doesn't mean the company is necessarily going out of business, and the Journal says "the company's revenues — now at $27.7 million — have surpassed last year's revenue of about $26.7 million." But we have to imagine the overhead is high if the company has to travel into the future every time they need more product. [WSJ]

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