Since Retail Velocity is a private company there's going to be limited info publicly available to come up with a decent ballpark valuation. Generic valuations from a quick google search came up with $5-10M, which look to be based on # of employees, industry, etc. They've been around since 1994 and have worked with a great deal of large companies, so those valuations or higher certainly wouldn't be out of the question IMO.
Also, just to clarify, the court case is not a lawsuit. The case was initiated by Custodian Ventures, LLC (David Lazar) to go about gaining control of the shell with the argument that it's in the best interest of shareholders. His attempt is simply being contested and Beckett will need to convince the court that he has a plan to bring shareholder value.
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