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Re: w6w9t8015 post# 46147

Thursday, 09/30/2010 9:56:19 PM

Thursday, September 30, 2010 9:56:19 PM

Post# of 371888
w6w, I'm not sure how they came up with the value of $22 million for their library. I've seen emails that say they had it valued before they went public, but I can't verify that. A simple call to Fred may answer that if they're willing to give that info out. I don't see any reason why they wouldn't.

What's interesting to me - and maybe I'm reading more into it than I should, but the same exact number has shown up in all their filings for the value of their library. What's noteworthy to me is this most recent filing for the 2010 Q2 that references Hogan & Taylor and the advice they're giving TDGI. I'm taking a leap and thinking that if that library value were way off, H&T would "advise" them to change it even in the unaudited filings one would think. It's a stretch, but there may be a nugget of truth in there. We'll have to see.