Eastman Kodak Co. (fka EKDKQ)

[HIS MONEY]

Kodak said this morning that it has received "significant interest" from potential buyers for it's Personal Imaging and Digital Imaging businesses.

There is also the ongoing litigation in the Kodak v. ITC case concerning the validity of '218 patent. The ITC had ruled that at least one iPhone had infringed on said patent, but ruled against the patent's validity due to 'obviousness'. Kodak has appealed the ruling. One other issue is the pending summary judgement hearing scheduled for next TUE 10/02 concerning Kodak's sale ability of the remaining 8 Apple/Flashpoint contested patents. Favorable rulings in either/both cases would also bode well for Kodak's forthcoming POR as they would likely increase value of DI/KISS patent portfolios presently up for sale.

Assuming Kodak's request for POR submission extension is granted, this will in my opinion bode well for existing common as extension will afford Kodak much needed time to complete asset sales and reduce workforce, OPEB, et al liabilities, which should greatly improve Kodak's solvency prior to submitting POR to emergence from Ch. 11.