Syntax-Brillian is @ .95

I think I am going to get some.

I own 2 olevia's TV. They are pretty good.

Positive EPS, and low PE. Not like I look at the PE and EPS much, but look like a good hold.
 
Quote from thecalip:

I think I am going to get some.

I own 2 olevia's TV. They are pretty good.

Positive EPS, and low PE. Not like I look at the PE and EPS much, but look like a good hold.
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You may want to rethink that.

http://sec.gov/Archives/edgar/data/1232229/000095015308000366/p75015e8vk.htm#002

http://sec.gov/Archives/edgar/data/1232229/000095015308000366/p75015exv10w81.htm

http://sec.gov/Archives/edgar/data/1232229/000095015308000366/p75015exv10w73xay.htm

Syntax-Brillian (BRLC), maker of Olevia brand LCD televisions, is in deep financial trouble.

In an 8-K filing with the SEC Thursday night, the company disclosed a letter from Silver Point Finance, as agent for a group of lenders, which said that “certain Events of Default have occurred and are continuing under” a credit agreement in which Syntax-Brillian owes more than $137 million.

The filing also includes an amended credit agreement which adds a host of severe new strictures on the company’s financial behavior. The new loan provisions sets a mid-teens interest rate, establish an “operational advisor” to oversee cash management at the company, restricts access to additional credit, requires weekly reports on where the cash is going and a host of other requirements.
 
Quote from ByLoSellHi:

Down .56 in AH trading.

She's a goner. Olevia brand TV's; what will become of them?
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I don't think she hit .56. She hit .83 in AH on Thurs. night and ran to $1 and about 3 5-10% runs on Friday.

I say leave it for the dreamers of penny stock pushers for dreams of buyouts and multi-bag. Stick a fork in her. Who's next?
 
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