The company does not have an immediate need for these funds, ... However, by taking this action we have taken advantage of the favorable terms in our current facilities rather than seeing this source of liquidity eliminated.

We just enjoy each other's company. We have a lot of fun together.

We see major headwinds for Kellwood, more than any other apparel company. We believe its problems are mostly brand and distribution problems, and we don't expect these problems to reverse.

The action comes as quite a surprise, to both us and the company.

[The Brewer company is considering whether it should pursue legal action against Hallowell for the] know-how, intellectual property, technology improvement and trade secrets that he took with him to a new company, ... We're exploring how we will respond to that.

The next step is for the state and federal resource agencies to develop a course of action for restoration.