butterscotchblastoff

Kick start your day with a good breakfast

on July 8, 2014

Well, we had a Crumbs bakeshop in this building, but as of today…wiped away. According to an article in Business Insider on June 5, 2014,

“We need additional capital to fund future cash flow requirements, and we may not be able to obtain such funds on acceptable terms. Raising additional funds by issuing securities or through lending or licensing arrangements may cause dilution to [Crumbs’] existing security holders, restrict our operations or require us to relinquish proprietary rights. Management believes that our cash flow requirements will likely consume our existing capital resources and cash from anticipated sales unless we are able to raise additional funds prior to June 30, 2014.”

Does this make David Saks’ new book on food trends more or less credible?

tastemakers

I did enjoy what I read, his take on artisan cupcakes and bacon, heirloom rice, and more. Maybe if Crumbs had piled bacon on the frosting, they’d have brought in enough stay in business. A lost opportunity?

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