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Post# of 371697
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snakecorleone

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snakecorleone

Re: Dogfish Head post# 44873

Friday, 09/10/2010 4:39:31 PM

Friday, September 10, 2010 4:39:31 PM

Post# of 371697
From the way I read the filing, 22 million might be an understatment...

Management has excluded any titles or libraries
acquired during 2010 from inclusion in the Library Valuation, until such time that Hogan Taylor
can complete its review of the library. It is management's belief that newly emerging revenue
streams from Blu-Ray and Video-On-Demand will more than offset an industry-wide decrease in
traditional DVD revenues, and that this could increase the overall library valuation.
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