In a knee-jerk reaction against naysayers, Gibson's CEO spells a brighter future ahead with a review of the circumstances. The primary strategy is to eliminate doomed brand names under its umbrella so things aren't so rosy for Cakewalk. He reiterated the belief in propelling the Philips brand consumer audio as one of its business focus citing growth potential as its strength. There's also a 7-year plan to bring debts down to zero. 😐 The irony here is that Gibson currently owns brand names which can possibly help ease its predicament; Kramer, Tobias & Steinberger, among others. This is what happens to putting your revenue eggs squarely into the 'Gibson' name & neglecting the potential of others.