180 Van Riper Avenue •Elmwood Park, New Jersey 07407 • Telephone 201-791-0700 Fax 201-791-8015
September 28, 2012
To Our Stockholders:
As many of you know, we sold our Kreisler Polska Sp. z o.o
subsidiary to United Technologies Holding SAS (a subsidiary
of United Technologies Corporation) on July 6, 2012. Due to
significant delays in the delivery of needed financial
information by and from this former subsidiary to us, we are
delayed in finalizing our June 30, 2012 audited financial
statements.
We are working diligently to get all the financial
information needed and expect to finalize and release our
audited financial statements within the next two weeks.
Please accept our apology for this delay and thank you for
your understanding.
Sincerely,
Edward A. Stern
Co-President & Chief Financial Officer
distributed by |