date:Sep 19, 2012
ofit. It ended the year with a loss and has not turned an annual profit since.
Founder Peter van Stolk stepped down as CEO on Dec. 31 that year, but the bleeding continued.
Revenues have fallen from $39.8 million in 2007 to $17.4 million in 2011.
The Seahawks dropped the sponsorship, as did Alaska Airlines. In 2009, Jones issued its first going concern statement. A vestige of the dot-com bust, going concern statements appear in securities filings when companies are not sure they are going to