General

Harvey Electronics, Inc. ("Harvey" or the "Company") is engaged in the retail sale, service and custom installation of high quality audio, video and home theater equipment. The equipment includes high fidelity components and systems, video cassette recorders ("VCR"), digital versatile disc players ("DVD"), high definition television ("HDTV"), direct view projection, plasma flat-screen and LCD flat panel television sets, audio/video furniture, digital satellite systems, conventional telephones and related accessories. The Company has been engaged in this business in the New York Metropolitan area for seventy-five years. The Company currently...