Fremont, California-based Media Vision Technology Inc has spoken the dreaded words, but only to assert that it is clearly not in anyone’s best interest to put this company into Chapter 11 and that management is committed to keeping Media Vision moving forward: the words were in a letter to customers from president and chief executive […]
Fremont, California-based Media Vision Technology Inc has spoken the dreaded words, but only to assert that it is clearly not in anyone’s best interest to put this company into Chapter 11 and that management is committed to keeping Media Vision moving forward: the words were in a letter to customers from president and chief executive Robert Brownell, who said the firm is operating on a cash basis with vendors, and that he is moving to stabilize Media Vision by adding financial controls; he also says that April was the strongest opening month for any quarter so far.
