As we start our new business year, our bookkeeping staff is busy working on our year end inventory pricing and getting things ready for the auditors. This project always takes  a while to complete with the large parts inventories that we carry. We have also started working on our equity revolvement, this will be completed after year end audit is completed.  

Why so long? First when the decision was made to do a retirement we had to wait for auditors to figure out percentages and then go over the list of stockholders from up to 30 years back. Secondly there are a lot of names on that list and addresses need to be checked, the easy ones are people doing business today, the tough ones are people who have a name on our list but have no address listed.