The question is, has the marine industry hit bottom yet? I guess not judging by today's news that Genmar, the second largest boat builder in the U.S. has just filed for Chapter 11 bankruptcy protection. Genmar represents 15 boat brands, presently employs about 1,500 people and is sold through about 1,100 dealers across the country. Sea Ray has also decided to close down production at its Knoxville, TN facility for three months (July 6 to October 6) and Crownline announced it will not reopen production (which has been closed since December 2008) until further notice. I think we all expected a "thinning of the herd", but not this kind of free-fall.