Crumbling Fremont, California-based Media Vision Technology Inc says it has of its own initiative rallied suppliers and creditors into a committee of nine companies to represent the interests of all trade creditors and establish a satisfactory payment plan: the company also chose Price Waterhouse to assist it with near-term bank and creditor relationships, completed agreements with Comerica Inc and Bank of Boston Corp, and hired consultant Judson Goldsmith of Durkee Sharlit Associates as interim chief financial officer; meanwhile it’s business as usual and Media Vision’s acting president Robert Brownell said April shipments were the best start we have had in a quarter.
