Can the lab owner quote his source(executive person, Kodak written statement or similar)?. Was it clear to you why this lab owner was chosen to receive this important information or was it clear to you that beyond reasonable doubt Kodak chose to release this information to all its lab owners?I have heard from a Lab owner that they are going to release P3200 in 120.
+1Noooooo!
We want someone else to make it for us.
And we want it CHEAP.
And we want it GOOD.
And we want to BITCH about it.
And we want it to LAST FOREVER.
And we don’t have anything to do with it.
That’s what we want.
That reference to P3200 in 120 is found in an internet interview with some of the Kodak Alaris people.
I can't remember where it is, but there are multiple references to it.
Paul, do I rew in Rochester?
"rewed" ?It would sure simplify things at the consumer level if they rewed in Rochester.
"rew" ?????
I figure you come out of retirement and make sure they do it right!
Folks, Kodak Alaris isn't for sale !
I ordered a propack of Portra 400 120 last night. Life is good!Kodak should vanish. George Eastman had it right with his automatic pistol. .
You need to be careful of this wording, because it appears to me that it is the Pension Plan itself that is the sponsoring "employer", not Kodak Alaris.In that interview
"Approving the RAA was the right thing to do. The alternative was insolvency of the employer..."
Matt,You need to be careful of this wording, because it appears to me that it is the Pension Plan itself that is the sponsoring "employer", not Kodak Alaris.
That impression flows from:
"The trustees acquired a number of businesses from Eastman Kodak, grouped under the name of Kodak Alaris. As a result, the scheme’s sponsoring employer is a special purpose company with no trading assets, with Kodak Alaris instead being an asset of the scheme. "
The continued existence and operation of Kodak Alaris is implied by:
"Despite the UK scheme entering the PPF, Kodak Alaris continues to support a number of smaller DB schemes in Germany and around the world. The smaller DB global schemes are not related to the KPP2 scheme, which is the sole shareholder of Kodak Alaris, whereas Kodak Alaris is the sponsoring employer of the smaller DB schemes."
I take it that DB means Defined Benefit Pension.
Is a sale of the film business in the grapevine too ??I'm just curious if this adds complexity to spinning off the film business??
I think just about everything that Alaris has is up for sale . Supposedly the color paper, processing and film (PPF) business sale has been in the works for sometime.Is a sale of the film business in the grapevine too ??
It is a shame that KA is not worth enough on the open market for the pension fund to just create an IPO. Hopefully the film/chemicals/paper portion of the business can remain intact and sell primarily EK films. I'd hate for an unscrupulous bidder to buy the company and sell rebranded chinese film as Tri-X.
Reading the quote from the fund managers is interesting as the British use the word "scheme" in a completely different way than the US. In the US, the word "scheme" almost always has the connotation of an illegal of otherwise nefarious plan. I wonder if the American meaning might be somewhat applicable as it seems, in my possibly uneducated opinion, that the pension fund payed way too much for the EK assets that became KA.
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