That valuation is based on nothing. 22 million based on who's verification? Isn't the 22M figure just Eric's best guess? Listen, I don't know how you come up with the real number but it just seems logical that the kind of titles their library aren't very popular titles. Here's a partial list (from a few years ago) and I don't think they can be worth too much: http://www.hannoverhouse.com/titles_12-19-06.html