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Olevia bankrupt? Kaput or Re-organizing? (1 Viewer)

CoolCatbro

CoolCatbro

Stunt Coordinator
Joined
Dec 26, 2006
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Reginald Perrin
Anyone got any biz news on these guys?

Will the warrantys be "null & void"?

Will they be dumping these for pennies on the dollar?

I just had a 42" 1080p Olevia offered at only $650....
 
Michael Reuben

Michael Reuben

Senior HTF Member
Joined
Feb 12, 1998
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21,763
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Michael Reuben
According to this report, it's the parent company that filed for Chapter 11 reorganization. The LCD TV business will be sold to new owners, and all warranties will continue to be honored. (Of course, these things don't always go as planned.)

M.
 
CoolCatbro

CoolCatbro

Stunt Coordinator
Joined
Dec 26, 2006
Messages
57
Real Name
Reginald Perrin
Thanks. It makes the purchase even easier....Its leaning toward the positive anyway.

the store warranty was 50% of the TV cost! so I declined, but was home in 30day try out mode and then learned of the C-11.

good article. Sounding more like the Kmart 11, they came out fine...just re-org.
 
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