It could also be a close-up rangefinder, the three different distance settings are the number to set your lens at based on which close-up filter you have on your lens. I know Kodak made a few different ones, one with a set of three lenses which was all chrome and one with two. See items 320091811116 and 320088802430. The second one I mention looks like yours, so my guess is it's to help the 50 on your IIa focus closer then 3.5 feet. Did it come with the three filters that read R'1:2/32, R'1:3/32, and R'1:4.5/32. If not, I have a set you can have. Of course I could be totally off, as I shouldn't even be awake right now, damn cats:bang: .