Atkins Files for Bankruptcy

Low carb dates back to the 19th century. If Atkins Nutritionals is having
trouble selling Frankenfoods to low carbers, it does not mean the diet is
dead. The best low carb products do not come with a label that says "low
carb" on them.

Are you a PETA/Vegan starving for B12?

"Dave Simpson" <[email hidden]> wrote in message
news:[email hidden]...

Quoted message said:

The latest generation of the stupid Herd that followed the Atkins diet
faces another unpleasant encounter with reality. (Kind of like the
stupid herd that votes Democratic and is routinely exploited.)

Atkins files for bankruptcy as low-carb slumps

http://today.reuters.com/investing/financeArticle.aspx?type=bondsNews&storyID=2005-08-01T203728Z_01_N01500420_RTRIDST_0_FOOD-ATKINS-UPDATE-4.XML

Quoted message said:

Atkins facts

http://www.atkinsexposed.com/

they tried to do the logically impossible, selling high carb snacks to
low carb dieters. For those who think that Atkins Nutritionals will be
gone, do not get yourself too excited. The process of bankruptcy is
simply the process of passing ownership from equity holders to debt
holders. The company may continue to operate under new owners and the
brand is not going away any time soon.

Only if the new owners decide that liquidating the company is the
preferable course of action, will Atkins Nutritionals be truly closed
down.

Business luquidations are a gold mine for those who buy assets of
liquidated businesses and sell them on ebay. It is a highly
satisfying activity.

i
who picked up a bunch of stuff from a liquidated business (die and casting
factory) today

On 1 Aug 2005 14:09:52 -0700, Dave Simpson <[email hidden]>

Quoted message said:

The latest generation of the stupid Herd that followed the Atkins diet
faces another unpleasant encounter with reality. (Kind of like the
stupid herd that votes Democratic and is routinely exploited.)

Atkins files for bankruptcy as low-carb slumps

http://today.reuters.com/investing/financeArticle.aspx?type=bondsNews&storyID=2005-08-01T203728Z_01_N01500420_RTRIDST_0_FOOD-ATKINS-UPDATE-4.XML

Atkins facts

http://www.atkinsexposed.com/

--
223/175.3/180

"Ignoramus21687" <[email hidden]> wrote in message
news:[email hidden]...

Quoted message said:

they tried to do the logically impossible, selling high carb snacks to
low carb dieters. For those who think that Atkins Nutritionals will be
gone, do not get yourself too excited. The process of bankruptcy is
simply the process of passing ownership from equity holders to debt
holders. The company may continue to operate under new owners and the
brand is not going away any time soon.

Only if the new owners decide that liquidating the company is the
preferable course of action, will Atkins Nutritionals be truly closed
down.

Business luquidations are a gold mine for those who buy assets of
liquidated businesses and sell them on ebay. It is a highly
satisfying activity.

What I heard was that Atkins was filing and after that they would continue
to sell the shakes and nutrition bars.

The Operator said:

"Ignoramus21687" <[email hidden]> wrote in message
news:[email hidden]...

Quoted message said:

they tried to do the logically impossible, selling high carb snacks to
low carb dieters. For those who think that Atkins Nutritionals will be
gone, do not get yourself too excited. The process of bankruptcy is
simply the process of passing ownership from equity holders to debt
holders. The company may continue to operate under new owners and the
brand is not going away any time soon.

Only if the new owners decide that liquidating the company is the
preferable course of action, will Atkins Nutritionals be truly closed
down.

Business luquidations are a gold mine for those who buy assets of
liquidated businesses and sell them on ebay. It is a highly
satisfying activity.

What I heard was that Atkins was filing and after that they would continue
to sell the shakes and nutrition bars.

yes, looks like they will continue to operate:

http://msnbc.msn.com/id/8779500/

``After it leaves bankruptcy, the Ronkonkoma, N.Y.-based company will
focus on its nutrition bars and shakes, Rodriguez said in a
statement.''

I have never bought a single product from them and never will.

--
223/175.3/180

"The Operator" <[email hidden]> wrote in message
news:[email hidden]...

Quoted message said:

"Ignoramus21687" <[email hidden]> wrote in message
news:[email hidden]...

Quoted message said:

they tried to do the logically impossible, selling high carb snacks to
low carb dieters. For those who think that Atkins Nutritionals will be
gone, do not get yourself too excited. The process of bankruptcy is
simply the process of passing ownership from equity holders to debt
holders. The company may continue to operate under new owners and the
brand is not going away any time soon.
......

What I heard was that Atkins was filing and after that they would continue
to sell the shakes and nutrition bars.

Atkins "management" is doing what has become a standard business practice;
jump on a bandwagon and borrow to expand then file for chapter 11
re-organization when the bills come due. Let the poor simpletons that
bought last pay for the greed. Typical shylock and money-changer behavior.
Atkins will still sell about what they sold before the craze but they
managers will have gotten a lot of money while they were leading the company
to the Chapter 11 section of the code.

entropy said:

"The Operator" <[email hidden]> wrote in message
news:[email hidden]...

Quoted message said:

"Ignoramus21687" <[email hidden]> wrote in message
news:[email hidden]...

Quoted message said:

they tried to do the logically impossible, selling high carb snacks to
low carb dieters. For those who think that Atkins Nutritionals will be
gone, do not get yourself too excited. The process of bankruptcy is
simply the process of passing ownership from equity holders to debt
holders. The company may continue to operate under new owners and the
brand is not going away any time soon.
......

What I heard was that Atkins was filing and after that they would continue
to sell the shakes and nutrition bars.

Atkins "management" is doing what has become a standard business practice;
jump on a bandwagon and borrow to expand then file for chapter 11
re-organization when the bills come due. Let the poor simpletons that
bought last pay for the greed. Typical shylock and money-changer behavior.
Atkins will still sell about what they sold before the craze but they
managers will have gotten a lot of money while they were leading the company
to the Chapter 11 section of the code.

That's a bitterly phrased, but accurate summary of what most likely
has happened. The management was, quite obviously, dishonest and
unethical. It would be hard to find honest management for a company
selling fraudulent products.

--
223/175.3/180

Dave Simpson said:

The latest generation of the stupid Herd that followed the Atkins diet
faces another unpleasant encounter with reality. (Kind of like the
stupid herd that votes Democratic and is routinely exploited.)

Or kind of like stupid people like you who follow such narrow subjective
interpretations of mainstream media. 🙂

The stupid people deny the media are liberal, deny journalists' conduct
and voting records, etc., and the worst call it "corporate right-wing
media" [sic].

To claim those telling the truth are "stupid" only makes your epithet
fluffy mirror talk.

Atkins the company may not go away. The low-carb trend (more stupid
than the SUV fad, as well as more unhealthful and dangerous by far)
will someday be replaced by some other promised instant magical diet
sometime soon (perhaps the next being the low-glycemic diet, or "low-g"
for airheads, but who knows, it may be another temporary faddish
rationalization for poor eating habits as well as the next "miracle"😉.

As to the annoying fools who resent hearing the truth and make up
whatever insults they can in response to them, well, they can stay
around a generation until more suckers rediscover the Atkins diet, and
they can feel better once again.

Dave Simpson said:

The stupid people deny the media are liberal, deny journalists' conduct
and voting records, etc., and the worst call it "corporate right-wing
media" [sic].

Hm, who owns that media, if not corporations with extensive ties to
the government? And how would you expect media to anger the business
community, if they get paid by that same community via advertising?

Quoted message said:

To claim those telling the truth are "stupid" only makes your epithet
fluffy mirror talk.

Instead of being a doctrinaire, or an ideologue, it helps to be a
realist, which in this instance can be termed as "follow the money".

Media is neither liberal nor conservative, it is statist and
pro-whoever-pays it. Given competitive nature of media, as a business,
it is hard to expect an enterprise that pisses of its paying
customers, to stay long in business.

--
223/175.3/180

Dave Simpson said:

Atkins the company may not go away.

That's the way things are looking.

Quoted message said:

The low-carb trend (more stupid than the SUV fad, as well as more
unhealthful and dangerous by far) will someday be replaced by some
other promised instant magical diet sometime soon (perhaps the next
being the low-glycemic diet, or "low-g" for airheads, but who knows,
it may be another temporary faddish rationalization for poor eating
habits as well as the next "miracle"😉.

Surely, stupid people indeed will follow fads and fail to lose weight
and keep it off. That does not invalidate everything that they try, as
such.

Quoted message said:

As to the annoying fools who resent hearing the truth and make up
whatever insults they can in response to them, well, they can stay
around a generation until more suckers rediscover the Atkins diet,
and they can feel better once again.

I personally could not care less if I would be the last person left on
this planet eating low carb, as long as low carb works for me. So far,
it works, I am not hungry and stay slim after losing 48 lbs (which I
lost NOT by low carbing). If it stops working and there is some better
alternative, I will switch to it.

I do realize that you are trying to stir up some scandals here, but
you do seem to have a small glimpse of open mindedness in you. Or,
perhaps, I am just falsely optimistic.

--
223/175.3/180

Hi all,
I read another article about the same issue on
health.dailynewscentral.com What I kept thinking when reading this
article is how many low-carb options of everything I see whenever I go
to the supermarket or any place that sells food for that matter. All
those low-carb products are out there because there's a market for them
supposedly. Are people just not buying them?
http://health.dailynewscentral.com/content/view/0001414/31//atkins_company_bankrupt.html

Dave Simpson said:

The latest generation of the stupid Herd that followed the Atkins diet
faces another unpleasant encounter with reality. (Kind of like the
stupid herd that votes Democratic and is routinely exploited.)

Atkins files for bankruptcy as low-carb slumps

http://today.reuters.com/investing/financeArticle.aspx?type=bondsNews&storyID=2005-08-01T203728Z_01_N01500420_RTRIDST_0_FOOD-ATKINS-UPDATE-4.XML

Atkins facts

http://www.atkinsexposed.com/

Here's my take:

First, you will gain weight if you go off ANY diet. It is not
the fault of the diet.

Second, the woes of Atkins pharmaceuticals is in large part
due to the proliferation of specious products in recent years.
These products led many folks to eat more and to segue back
into ?real?/?other>? carby foods.

I think the premise is still sound, especially if folks stop
thinking of Atkins/low-carb as what is allowed on induction
only. What on earth is wrong with giving up the relatively
useless carbs and getting one's (reduced) carbs from veggies,
fruits, legumes, and even whole grains (depending on the LCer)?

--
Jean B.

"That's a bitterly phrased, but accurate summary of what most likely
has happened. The management was, quite obviously, dishonest and
unethical. It would be hard to find honest management for a company
selling fraudulent products. "

Exactly what is this conclusion based on? Plenty of companies and
individuals have gone bankrupt without doing anything dishonest or
unethical. And just because you choose not to use Atkins products
doesn't make them fraudulent.

Quoted message said:

"That's a bitterly phrased, but accurate summary of what most likely
has happened. The management was, quite obviously, dishonest and
unethical. It would be hard to find honest management for a company
selling fraudulent products. "

Exactly what is this conclusion based on? Plenty of companies and
individuals have gone bankrupt without doing anything dishonest or
unethical. And just because you choose not to use Atkins products
doesn't make them fraudulent.

Their products are fraudulent because they misrepresent the amount of
carbs in them...

--
223/175.3/180

Ignoramus19023 said:

Quoted message said:

"That's a bitterly phrased, but accurate summary of what most likely
has happened. The management was, quite obviously, dishonest and
unethical. It would be hard to find honest management for a company
selling fraudulent products. "

Exactly what is this conclusion based on? Plenty of companies and
individuals have gone bankrupt without doing anything dishonest or
unethical. And just because you choose not to use Atkins products
doesn't make them fraudulent.

Their products are fraudulent because they misrepresent the amount of
carbs in them...

--
223/175.3/180

I should preface this by saying I don't have extensive experience
with Atkins products (I basically just eat their protein bars).

On the Atkins Advantage Bar package, it lists 26 grams of total
carbs, and 3 grams of net carbs. Their rationale for the net carb count
is pretty transparent, i.e., 26 grams carbs total, minus 11 grams of
fiber, 8 grams of glycerin, and 4 grams of lactitol (26 total carbs -
(11+8+4) = 3 net carbs).

You may disagree with their rationale for calculating net carbs, but
I understand they're using a pretty accepted rationale for arriving at
this number.

Also, if you have some quibble with their ingredients list or whats
printed on their "Nutrition Facts" labels, you should inform the
Department of Agriculture or the FDA - they would be interested in
mounting an investigation right away I'm sure.

Aside from that, although I have some sympathy for the logic that
eating Atkins products may lead to defeating some of the purpose of
low-carbing (e.g., frankenfoods and all), it seems melodramatic to call
Atkins products "fraudulent".

"Aside from that, although I have some sympathy for the logic that
eating Atkins products may lead to defeating some of the purpose of
low-carbing (e.g., frankenfoods and all), it seems melodramatic to call

Atkins products "fraudulent". "

Exactly. And not only that, it together with the baseless accuasation
that the company management is dishonest, is potentially grounds for a
libel suit. There have been studies done with the Atkins bars in
particular, that show they have a small impact on blood glucose levels,
exactly what the label claims.