Barry Grant Inc. files bankruptcy

1badmopar, that was a pretty stupid comment for your first post.

If you knew anything at all about business, you'd realize that just about every business in the country carries a line of credit. It's standard practice to help build your company credit and is generally used to cover seasonal inventory needs or for things like adding machinery or a new warehouse or other necessary capital expenditures. No bank extends a line of credit to a company that is overextended because of poor purchasing choices. I don't know the particulars, but with so many banks failing, lines of credit are being pulled left and right for no reason but to help the issuing bank's liquidity.

By the way, I have never owned a Barry Grant product, nor do I have any stake in their success or failure. I DO have a degree in Marketing and own my own business...and I also carry a line of credit.