The entire Niko team is proud of our accomplishments during the past year.

Chief Executive Officer's Message

Our efforts continue to monetize the Company’s core assets for the benefit of all its stakeholders. Market conditions in the industry coupled with our on-going legal issues in India and Bangladesh make this process challenging. The Company’s liquidity situation is a critical concern. As a result, the Company has recently requested consent of its senior lenders to access a portion of the funds in a reserve account to provide additional liquidity. No assurance can be made that these efforts will provide a solution on a timely basis or at all. We are committed to doing our best for the benefit of all stakeholders and while we remain hopeful, we acknowledge that much work has to be done.