Exhibit 10.15

[LOGO] DahSingBank                                    Dah Sing Financial Centre,
                                                      108 Gloucester Road,
                                                      Hong Kong

30th September, 2008

Private & Confidential

Concord Camera HK Limited
15/F., ADP Pentagon Centre,
98 Texaco Road,
Tsuen Wan,
N.T.

For kind attention of Mr. Paul Wong

Dear Sirs,

Re:  Banking Facility(ies)

We have the pleasure to inform you that we have revised the banking
facility(ies) in your favour with the following terms and conditions outlined
below:

     OPENING OF LETTER OF CREDIT
     &/OR DRAFT LOAN (30 DAYS)
     &/OR NEGOTIATING EXPORT LETTER OF
     CREDIT WITH LETTER OF GUARANTEE
     &/OR OUTWARD BILLS LOAN (30 DAYS)...........................USD1,000,000.00
                                                           (eqv HXD7,800,000.00)

Within this line, USD1,000,000.00(eqv HKD7,800,000.00) is available for Trust
Receipt (120 days) &/or Invoice Financing (120 days) &/or Packing Loan (120
days) &/or Advance Against Receivable (120 days).

Interest Rate
Hong Kong Dollar          :  @1.5% p.a. over HK Inter-bank Offered Rate or
For United States Dollar  :  @1.5% p.a. over London Inter-Bank Offered Rate;
Foreign Currency          :  @1.5% p.a. over Dah Sing Bank's Base Rate.

     Notes

1.   Maximum for Draft Loan and Trust Receipt under one transaction is not to
     exceed 120 days.

2.   Letter of Credit commission, commission in lieu of exchange and HKD bills
     commission to be charged at:

     -    1/4% for the first USD50,000.00;

     -    1/16% for the balance

3.   Packing loan is up to 80% of export Letter of Credit amount and tenor is
     set far 120 days from date of advance or expiry date of export Letter of
     Credit whichever is earlier.

                                                                       Cont.../-

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Telephone: 2507 8866     Cable: Dahsingbank Telex: 74063 DSB HX   Fax: 2598 5052
                            Website: www.dahsing.com


<PAGE>

DahSingBank,Ltd

30th September, 2008

Concord Camera HK Limited

     4.   For Invoice Financing, it is restricted to the following suppliers:

            i.    Gauss Electronics Co. Limited

           ii.    Kin Sang Chemical Limited

          iii.    Shenzhen Laiyinda Industrial Co. Limited

           iv.    Golden Eagle (Tianjin) Electronics Co. Limited

     4.   For Advance Against Receivable, advance is up to 90% of the sales
          invoices to the buyers and documents no need to send out through our
          Bank. It is also restricted to the buyer Boots (Retail Buying)
          Limited, England

     5.   Any excess on bills line should be against  earmarking its HKD current
          account or USD current account.

     TERMS & CONDITIONS:

     1)   Against pledge of fixed deposit for not less than  USD1,000,000.00  in
          the name of Concord Camera HK Limited.

     2)   Audited  financial  statements  should be submitted for our review not
          later than nine months after statement date.

     3)   Arrangement fee of HKD5,000.00 to be collected.

Other Terms and Conditions

The above credit  facility(ies) is/are available for your acceptance and/or draw
down  within 2 months  from the date  hereof  and  is/are  subject  to  complete
collateral and/or documentation at all times.

The  facility(ies)  is/are subject to review at any time and also subject to our
overriding right of withdrawal and repayment on demand.  The facilities shall be
subject to termination or cancellation at any time  unconditionally  by the Bank
without giving any prior notice or reason therefor.

Any  amount(s)  which  is(are)  due but  not  paid  on the  due  date(s)  or any
unauthorized  overdraft  (including  overdraft  after the expiry of relative 0/D
limit) or overdraft  exceeding  the approved O/D limit will be subject to charge
of overdue  interest or unauthorized  O/D interest at the Bank's then prevailing
rate(s). Interest on 0/D may be compounded monthly. The Bank shall have the sole
discretion to change such interest rate(s) from time to time.

The Borrower and/or  Guarantor  hereby  undertakes to inform the Bank as soon as
there  is  any  change  in the  directorship  or  partners  of  the  company  or
partnership.

                                                                       Cont.../-


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DahSingBank,Ltd

30th September, 2008

Concord Camera HK Limited

In respect of the Code of Banking Practice, we would draw to your attention that
by accepting this Facility Letter, you have given your consent to our providing,
from time to time,  relevant  information  or  documents in respect of the above
facilities or any subsequent amendment/renewal thereof including but not limited
to loan  outstanding,  statement  of account,  copy of contract  evidencing  the
obligation  guaranteed  and copy of formal  demand for  overdue  payments to the
guarantor(s) or securities providers of the facilities.

Please  note that  Section 83 of the  Banking  Ordinance  has imposed on us as a
licensed  bank  certain  limitations  on  advances  to  persons  related  to our
directors and employees. In acknowledging this Facility Letter, you undertake to
advise  us  whether  you  are in any  way  related  to any of our  directors  or
employees  within the meaning of Section 83. In the absence of such  advice,  we
will assume that you are not so related.  You are also requested to advise us in
writing should you become so related  subsequent to acknowledging  this Facility
Letter.

We offer full range of commercial banking services. As our valued clients, we
are pleased to provide you with professional services and esteemed services at
privileged offerings. The details of our contacts are as follows:

Corporate Card/ Purchasing Card         Catherine Chin            Tel: 8108-6382
Mandatory Provident Fund                Victor  Leung             Tel: 2507-8778
General Insurance                       Jack Ng                   Tel: 2808-5202

This supersedes all our previous letters concerning banking facilities.

Please confirm your acceptance of the above by signing and returning to us the
duplicate copy of this letter at your earliest convenience.

                                                    WE HEREBY CONFIRM MY(OUR)
                                                    UNDERSTANDING AND ACCEPTANCE
                                                    OF THIS LETTER

Yours faithfully,                                   For and on behalf of
For and on behalf of                                CONCORD CAMERA HK LIMITED
Dah Sing Bank, Limited                              [Company Chop]

[ILLEGIBLE]                                         [ILLEGIBLE]
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Authorized Signature                                AUTHORISED SIGNATURE(S)
Commercial Banking Division                         (WITH CO. CHOP, IF ANY)
HL/3916-001/mm