Keisler Engineering Filed for Bankruptcy

I wonder what caused this bankruptcy to happen. Spending too much of the profits on personal things? Not returning enough profits back to the company cash reserves? Production costs increase without a unit sale price increase? Using the company as collateral for equipment purchases? Using the company as collateral for personal purchases?It would be nice to look at the historical financial records to determine the amount of investment needed to return to a sustained profitability.
All I know is if they treated all their customers the way they treated me, that could be a big part of it and eventually catch up to them and bite em on the ***:bootysha: