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Message: Re: Shareholders Meeting
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Sep 10, 2008 03:37PM
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Sep 11, 2008 04:34AM

"possible wind fall cash in the bank"

I don't see it....unless Vivitar has a bank account with excess cash on hand.

The value is in the Name...last sale it was 26mil. It was slapped with an infringement case that devalued it to what....subtract DM's proposed valuation....10mil? Now the parent company is in ch11 and need to bail with best offer. IMO, it went for half of last sale, or less, depending on possible new debt(including legal costs) accumulated.

IMO, the sale value of the company is what DM and e.Digital had to be looking at filing 1 year later. They wipped out the Syntax purchase price by a sizable chunk that put the screws to them.

The Vivitar name only regains value when the legalities are cleared up.

doni



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