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FORTISGR

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FORTISGR

Re: FORTISGR post# 574

Sunday, 05/13/2012 7:57:38 PM

Sunday, May 13, 2012 7:57:38 PM

Post# of 2041
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"From December 31, 2010 to September 30, 2011 SGOCO increased its advances to suppliers by $93.5 million. The increase was a response to a tightening in the panel supply market as well as an expected increase in duties on imported panels. SGOCO believed this action was necessary to meet potential peak season customer demand in the fourth quarter and during the coming Chinese New Year."
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