olevia

[hvyres]

Is olevia electronics still in business, my cousin has there BDP-110 blu-ray.he loves it, never had a problem.im looking for a cheap 2nd unit.

[ImBack234]

I would say no.

From Wikipedia (http://en.wikipedia.org/wiki/Syntax-Brillian_Corporation)

Bankruptcy and delisting

On July 8, 2008, Syntax-Brillian filed for protection under Chapter 11 of the U.S. Bankruptcy Code.[1][2][3] On July 21, 2008 the company reported that its stock was to be delisted from the Nasdaq Stock Market due to listing violations and its filing for protection under Chapter 11.[4] Syntax-Brillian sees no value for its common stock after Chapter 11.[5][6]

The company entered into an asset purchase agreement to sell all of its assets besides those of its Vivitar unit to newly created Olevia International Group, LLC, which is owned by TCV Group, provider of plastic injection molded parts for the Olevia branded widescreen HDTVs. In exchange for the purchased assets, Olevia International Group agreed to assume $60.0 million of Syntax-Brillian's secured debt. The proposed sale was anticipated to close by August 31, 2008.[2] However, the transaction with TCV Group never closed. Instead, in May 2009, Emerson Radio Corp. purchased the assets of Syntax-Brillian including the Olevia brand name.[7]