Blaze Radio Network.

And now, chewing the fat with Jeff Fisher.

I can't get over the news that Tupperware Brands, I'm sorry, I want to mix them him Tupperware Brands Corporation is filing chapter 11

or has filed chapter 11 amazing Tupperware that's a household name in America and they're filing

Chapter 11 so apparently their short-lived success during the pandemic is gone away now. Have a nice day and we have lost the

pandemic jump and costs of raw materials such as plastic resin hate the cost of plastic resin, as well as

labor and freight further dented the Tupperware margins. So over the last several

years their financial position has been severely impacted by the challenging macroeconomic environment according to CEO Lori Goldman.

Tupperware has been planning to file for bankruptcy protection after breaching the terms of its debt and enlisting legal and financial advisors, so they're not paying their bills.

And the company listed 500 million to 1 billion dollars in estimated assets,

1 billion to 10 billion dollars in estimated liabilities that I know like I'm not a business

guy but I would say that if you have assets of 500 million to a billion.

And you have liabilities somewhere between a billion

and 10 billion.

That's probably not good.

Anyway, they have creditors to be between 50,000 and 1 and 100,000.

It's interesting how they made that 50,000 and 100,000. Tupperware. You know I know that we get our

plastic containers now you know off the grocery store shelves and those aren't Tupperware.

I get that but I mean we call them Tupperware. I still maybe

their products are too good. I still am using Tupperware products that my mother

purchased a hundred and,000 years ago.

You know, like I still, we put our crackers in the one cracker

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