Two weeks after a report from Journal chronicling the financial woes of popcorn maker Bad Monkeythe Quebec company was declared bankrupt with debts of $7.4 million.
“It’s a bankruptcy, but we have a lot of interest from several players in Quebec and abroad. The offers will come in on November 6. We will know more,” confirms Journal Olivier Benchaya, partner at Richter on file.
“There is a lot of interest in the company’s assets, including the trademark,” he insists.
In mid-October, The Journal reported Bad Monkey co-founders Fabio and Joseph Zeppilli, who refused to give up hope and tried to find a way to get their heads above water.
“We have millions of sales. We remain optimistic. We will get through this,” they said.
“It’s just a restructuring. It is certain that bankruptcy is always a bit of a next step, but we are not there yet,” they assured.
Friday, The Journal had not managed to contact the co-founders of the Laval company at the time of writing these lines.
-With the collaboration of Philippe Langlois and Sylvain Larocque
-Further details will follow.
