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Re: Enterprising Investor post# 17

Thursday, 09/20/2012 6:09:48 PM

Thursday, September 20, 2012 6:09:48 PM

Post# of 223
No need for a capital raise now.

The settlement is $7.5 million pre-tax. The fidelity insurance policies in force only provided for $15 million in coverage.

The corresponding recorded loss was $26.231 million back in 2010.

"Someone said it takes 30 years to be an instant success" - Gabriel Barbier-Mueller, CEO of Harwood International