I just looked through the last 10Q from August 14, 2012. I didn’t see any insurance listed. This does not mean they had no insurance; it could be listed under an account.
Most in the North East have little need for Flood insurance. Cono will only loose what they have in the building even if they have no insurance. The owner of the building will be the one to take the large hit if they don’t have insurance and it’s damaged, I hope not. Cono could have to look for a new center of operations if this is the case?
Hopefully we here from the company soon on the situation?
Anyone hear? How the labels are coming along?
To those that asked previously by PM. The last QA filing was
Sept 12, 2012. Expect the next one approximately 90 days from then.
Use this date loosely due to Hurricane Sandy that hit in the North East. The stock market was closed for 2 days; this was the first time since the late 1800s this happened.
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