In the worst news to strike the futuristic food industry since the death of New Coke, Dippin' Dots
has filed for Chapter 11 bankruptcy
. The so-called Ice Cream of the Future
was apparently up to its eyeballs in debt and has been trying to stave off foreclosure by Regions Bank,
to whom Dippin' Dots apparently owes $11.1 million. This, friends, is a disaster.