TEAC appears to be left out of this quarter's reportings for some reason. Not sure why, but based on their revenues, I'd expect them to be a minor signing anyway (probably less than $1M).
Based on your thinking TEAC is only worth less than a million. Who do you suppose $5,486,000. mentioned below is from?
Our revenue amounts do not include income of approximately $6,675,000 from our investment in Phoenix Digital Solutions, LLC (“PDS”)for the three months ended November 30, 2006, or income of approximately $5,486,000 from our investment in Phoenix Digital Solutions, LLC for the three months ended November 30, 2007