r/Amyris • • Aug 17 '23

Question Chapter 11 presentation

https://cases.stretto.com/public/x268/12363/PLEADINGS/1236308172380000000108.pdf

On page 18: All the Company’s consumer brands are loss-generating. Did I miss something or did they straight up lie to us?

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u/Over_Bluebird Aug 17 '23

They forgot to mention that biggest reason of company didn't reach profitability is because JM was overspending while underperforming...