InvestorsHub Logo
Followers 313
Posts 51336
Boards Moderated 16
Alias Born 08/19/2009

Re: Stock_Barber post# 65794

Tuesday, 01/12/2021 6:29:53 PM

Tuesday, January 12, 2021 6:29:53 PM

Post# of 68034

On December 30, 2020, a Howco vendor filed a lawsuit seeking payment of past due invoices totaling $276,430 and finance charges of $40,212. The Company has recorded the liability for the invoices in the normal course of business. Management at Howco as well as a consultant are in negotiation with the vendor and their legal counsel and expect to settlement the matter.