See What Happens When You Try to Change Business Models With No Idea WTF You're Doing?

Long Blockchain Corp, a former beverage company turned cryptocurrency mining company, has been delisted by the SEC. Their last earnings report was for the quarter ending September 30, 2018.

They were formally known as Long Island Ice Tea but rebranded in January 2018...right about the time the bottom fell out of the crypto market space. Even at this time, they openly said there "can be no assurance" that will even be successful. Wow! See, this is truly the case of a company trying to jump into a business (crypto) that they know little about and now have wrecked their company as a whole. The moral of the story is, do your due diligence in understanding something before dumping a bunch of money, time, and resources into it.
Photo courtesy of Cointelegraph and Investro.co