This
paper presents the unsweetened, unglazed truth of Krispy Kreme's
equity and
cash flow. The paper explains that due to an
accounting error in the
company's annual report, the initial positive outlook for Krispy Kreme's financial future has changed. As a result of this, the paper outlines the various legal issues facing the company in the form of lawsuits from shareholders and an investigation by the Securities and Exchange Commission of the company's accounts.