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Dippin' Dots is several million dollars in debt after years of lawsuits and countersuits. Jones says although his company has millions of dollars in assets, the bank can foreclose on it at any time. Rivals have successfully sued Jones for filing an invalid patent. The company is about to take a similar colder-than-cold instant-freezing process that makes Dippin' Dots so delectable and redirect that technology to fresh brewed coffee.
Read more and see video from USA Today.