Fructivore Investments

Update: Yes, the company has declared bankruptcy and the bonds, being junior to the bank debt, have been damaged done badly, having been converted to rights to purchase up to $90 million in equity. I confess I got this one wrong, but I’m not going to cover over my mistakes by deleting this post. As […]

As some of you may recall, a couple of years ago I recommended Black Box Corporation, a company that mainly performs IT installations and maintenance for companies and government entities that don’t have the resources to handle such a project in-house. Well, unfortunately the company encountered a decline in sales and margins owing to weakness […]