Dippin’ Dots, which was once called the ice cream of the future and kind of burns your tongue, may soon become the ice cream of the past. The futuristic ice cream company Dippin Dots, Inc. has filed for Chapter 11 bankruptcy protection.
Cups of Dippin’ Dots were all the rage back in the day — at baseball games, in the mall and at festivals, but I never really understood the concept. Who would want to eat a cup’s worth of little tiny flavored freezer burned “beads” that are flash frozen with liquid nitrogen and kind of dissolve weirdly once you put them in your mouth? Ice cream is so much more enjoyable. Creamy, melts normally and oh, tastes good. But hey, to each his own…
Anyway, Dippin’ Dots Inc. filed for Chapter 11 bankruptcy protection Thursday in U.S. Bankruptcy Court in Paducah, Kentucky after a four year battle with one of its biggest lenders.
The beginning of the end was when Dippin’ Dots became embroiled in a legal battle over whether or not founder Curt Jones filed the patents properly that protected the Dippin’ Dots freezing method, reports the WSJ. “All of that hit us at the same time,” said Steve Heisner, the company’s director of administration, customer service and information systems.
The bottom line is that Dippin’ Dots Inc. owes $12 million to Regions Financial Corp. With 140 Dippin’ Dots retail locations and an additional 9,952 independent vendors, Dippin’ Dots is having some trouble, but they’re not dead yet. Maybe it’s time they reinvent themselves and do fruity yogurt Pinkberry style. Now that stuff sells — and tastes good.
Do you like Dippin’ Dots? Tell us what you think of it below!
Photo credit: dippindots.com