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Re: Michael Anderson post# 131336

Wednesday, 01/30/2013 11:25:48 AM

Wednesday, January 30, 2013 11:25:48 AM

Post# of 373005
If an independent expert says, based on analysis of potential future revenue streams, that the library is worth 10s of millions, I'd be pretty excited about that...

(On the other hand, if an indpendent expert says the library is essentially worthless, that would increase risk that future earnings are probably dependent upon only new titles. That would cause me pause...)

Yes, whatever the valuation, we'd get there eventually anyway, and this is holding up the audit.

Personally, I'd be willing to wait a couple months to get a genuine valuation, but holding up the audit longer would be very frustrating and I would not like the risk of not knowing for so long...