My understanding is that with the strong dollar their boats were no longer selling well in Europe and Canada. They had also just put a ton of development $$$ into the new IP520, hull #1 was on the production floor and they were working on the deck mold. They were also talking about the new IP600 that was in the works. Sounds like a big cash flow issue to me although the IP factory newsletter we got just about the same week they closed the doors, painted a pretty rosy picture of things?