Quarterly report pursuant to Section 13 or 15(d)

Note 11 - Subsequent events

 v2.3.0.11
Note 11 - Subsequent events
6 Months Ended
Jul. 03, 2011
Subsequent Events [Text Block]
11.
Subsequent events

On August 3, 2011, the Company and its lenders amended the debt agreement to revise the EBITDA covenant for the trailing twelve month period ending June 30, 2012. In the event that the EBITDA covenant for the 2012 fiscal year is not reset in writing by June 30, 2012, a minimum fixed charge coverage ratio covenant is to become applicable.