View Full Version : OLEVIA LCDs television just went Chapter 11


Johnnytuinals
07-08-08, 08:26 PM
Well another No Name Brand Company just went out of business.
Yep I have seen over the last year how great their Olevias are ,how if something goes wrong that they bought the extend warentty that they bought will just be fine....
Its was funny the stock was at $1.09 last month
and 45 cents on monday
and now 3 Cents...............................
I guess what we bought are Throw away televisions.
If something goes wrong the only thing to do is throw it away and buy something new.....
I am sure that there are MANY no name brands on here that many have bought.
As I said in the past,,,,,I knew they would be out of business and many if not all didnot agree with me....
As I said,,,its best to spend a extra few dollars and not worry if the company will be there tomorrow.........

http://blogs.barrons.com/techtraderd...d=yahoobarrons

omeletpants
07-08-08, 08:31 PM
Do they make plasmas?

Johnnytuinals
07-08-08, 08:34 PM
Yep they also make Plasmas.
Its a shame how they screwed their investors.
I was not a investor but I was reading for 2 months how they felt how the stock was going to go up in price.

omeletpants
07-08-08, 08:38 PM
How did they screw their investors? Something illegal?

Woodrow
07-08-08, 08:50 PM
http://www.avsforum.com/avs-vb/showthread.php?t=1047059