GREY:SNIOF - Post by User
Comment by
Polebrookon Apr 18, 2016 8:18pm
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Post# 24781506
RE:RE:RE:RE:RE:Interesting information on SIO
RE:RE:RE:RE:RE:Interesting information on SIORabid, it is an interesting spreadsheet. From my quick read of your translation, a couple of points occurred to me - it seems as if Algolith has some type of license agreement in place with Matrox (the video card manufacturer). It looks like Routhier and Choquette were/are trying to buy this contract for $50K presumably since it will yield more income than that over the remaining life of the license. This could be one of the 'other technologies' that they were trying to sell since Algolith may have some patents that aren't 3D related that Sensio acquired in the Algolith purchase. Alternatively Matrox may just decide to out bid them and stop paying the license altogether for the one time payment of whatever they can agree with the administrators. I also thought it was a bit disingenuous to set aside a reserve to pay the studios supplying content for 3DGo (Disney and Paramount) but to try to pay them $0 even though streaming their content to 3DGo customers was the only thing making any money for them and the sole remaining core asset they were trying to find a buyer for.