EX-5.1 6 ex5.htm OPINION United States Securities & Exchange Commission EDGAR Filing



EXHIBIT 5.1


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1555 Palm Beach Lakes Boulevard, Suite 310

West Palm Beach, FL 33401-2327

Tel: (561) 478-7077

Fax: (561) 659-0701

www.harriscramer.com

November 29, 2006



Broadcaster, Inc.

9201 Oakdale Avenue, Suite 200
Chatsworth, CA  91311

Attention: Mr. Martin Wade, III,

     Chief Executive Officer

Re:

Opinion as to Legality

Dear Mr. Wade:

     

You have advised us that Broadcaster, Inc. (the “Company”) is filing with the United States Securities and Exchange Commission a Registration Statement on Form SB-2 with respect to 33,114,562 shares of common stock, no par value, which shares of common stock will be offered for sale by common shareholders (collectively, the “Holders”).

In connection with the filing of this Registration Statement, you have requested that we furnish you with our opinion as to the legality of the Company’s shares of common stock as are presently outstanding, including those shares which may be offered by the Holders itself pursuant to the Prospectus which is part of the Registration Statement.

     

You have advised us that as of November 27, 2006, the Company’s authorized capital consists of 300,000,000 shares of common stock, no par value, of which  65,020,844  shares are issued and outstanding and 20,000,000 shares of preferred stock, no par value, of which no shares are issued and outstanding.

After having examined the Company’s Articles of Incorporation, as amended, bylaws, minutes, and the financial statements contained in the Prospectus, we are of the opinion that the 33,114,562 shares of common stock are fully paid and non-assessable, duly authorized and validly issued.

     

We consent to the use of our name in the Prospectus under the caption “Legal Matters.”


Very truly yours,


/s/ Harris Cramer LLP


Harris Cramer LLP