Syntax-Brillian (fka BRLCQ)

[OldPro]

from the PR it looks like they...

had huge sales that look like they far exceeded forecast of only around 450,000 (if remember right) - but still having problems collecting from SCHOT - who apparently sold the TVs but hasn't delivered them to the purchaser and collected payment for them yet. Inventory repurchase seems very small - just around 26,800 units of hundreds of thousands shipped and sold (i.e., 250,000 shipped to North America in December alone and 390,000 sold in China in 4th Q - if reading that right.) So 26,800 seems to be a tiny repurchase in order to make such a big impact to finances - no-brainer.

Hard to determine the impact of this - delay never good but number of TVs sold is big and appear to have at least shored up the balance sheet.