Would your heart freeze if Dippin' Dots was no more? The troubled company needs a $2 million credit line to pay its bills because its credit has been frozen by its main lender, the Associated Press reports. The Alabama-based Regions Bank says it will not loan Dippin' Dots any more money until CEO Curt Jones gets the boot and the courts appoint a third-party trustee.
The bank is accusing Jones of trying to "protect his own self-interest" and not acting in the best interests of the company. Jones created the cryogenically frozen ice cream beads in 1988.