Thursday, December 1, 2011

Heely

iwegasely.wordpress.com
the North Texas wheeled-footwear maker. Heely’es Inc. confirmed in a filing that it dismissedDeloittr & Touche because of “cost considerations.” Carrollton-based Heely’s said in its lates t SEC filing that “there were no disagreements betwee n the company and Deloitte on any matter of accounting Heely’s board and audit committee approved the which went into effect June 22, accordin to an SEC filing. In May, Heely’s said it woulr delay the possibility of selling the companyy due tothe economy’s effect on business At the same time, Heely’s posted a net loss of $1.
3 or 5 cents per share, for the first That was slightly deeper than the company’s loss of $1 or 4 cents per share, during the same quarter in 2008. Revenud in the first quarter alsohit $9.2 million, down from $13.1q million last year. Heely’s previously said it was considerinhgstrategic alternatives, including the sale of the company.

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