Investinmedia..Low P/e and 5% Dividend

Gagarin I would again say that if you dont believe what I am saying then contact Investinmedia ask them yourself. As to the lititagion and the retention. It is very normal for funds to be held in Escrow on a deal especially when dealing with something that is as complex as the rights to WWTBM. The two major litigations at the moment. One is that Adrian Woolfe, a former MD of Celador, who quit recently and is now suing them. He had wanted to buy it with another manager Danielle Lux in an MBO. There are three main points to his lawsuit. First is his claim for the value of share options in Celador International. Second, Woolfe is also believed to be claiming £8m in compensation for not being allowed to go ahead with the management buyout because Millionaire and Celador International are in the process of being sold. The final point is thought to involve about £500,000 that he claims was contractually due to him if Millionaire was sold. Many doubt he will succeed in his case.

The other lawsuit involves litigation commenced by CCCL in the United States against American Broadcasting Companies, Inc and others and to receive as deferred consideration the net proceeds of such litigation. If anything this should result in more money being paid to IVM.