Re: Let's hope DM saw this /LL
posted on
Mar 03, 2008 04:45AM
"beneath the surface they were a house of cards."
As I feel most of the associated companies to this story are.
What happens to their relationship with Premier Image Technology Corp. (better known as Pretec).
"Nov. 6, 2006--Syntax-Brillian Corporation (Nasdaq:BRLC), a manufacturer and marketer of LCD and LCoS(TM) HDTVs, digital entertainment products and near-to-eye products, has entered into a comprehensive supply agreement with Premier Image Technology Corp."
"On October 30, 2006 Syntax-Brillian agreed to acquire Vivitar Corporation, an Oxnard, California-based leader in the design, development and marketing of photographic, optical, electronic and digital imaging products"
Pretec is associated with Foxconn, Foxconn is associated with Hon Hai Precision Industry.
"On October 27, 2006 Premier announced that it will formally merge with global electronics manufacturing service provider Foxconn (the registered trade name of Hon Hai Precision Industry) effective December 1, 2006."
IMO...Premier is the target...they are directly involved in memory concepts in what they manufacturer as contract manufacturers.
Premier had a relationship to Vivitar prior to the HonHai (Foxconn) merger, while Vivitar had a relationship to Premier prior to its acquisition by Syntax.
The dates indicate the deck of cards were being shuffled now closely tying all the entities together.
DM formally filed October-7-2007 or 5 months ago
doni