Here is a time line primer… From 1993-1998, Mr, Cameron and Mr. Winston sat on DD’s board and Mr. Cameron was a client having done TRUE LIES, T2/3D, STRANGE DAYS and TITANIC at DD. During that period of time DD was not profitable.

From 1998-2006, DD was a profitable business, albeit, barely. Cameron and Winston, though shareholders had no involvement with DD whatsoever.

In 2006 DD was sold to Wyndcrest (Textor).. From 2006-2012, DD and its subs lost well over $100M .

As to your involvement as an advisor… please let us know who you are, and what you do? I’m always looking for world class talent with great expertise.

SOMEONE made DD look like a golden goose and someone else took the bait and people lost money, jobs and their homes.

Frankly, knowing what I know about this business I would love to have been there to advise anyone thinking about building it into some kind of mega entertainment entity just how bone stupid that idea was.

Why would you say that? Prior to Textor DD was a marginally profitable VFX facility like R&H, ILM, WETA etc..

And guess what? DD version 3.0 is basically the same as DD version 1.0 only with a fractional amount of more working capital , different owners, and different management. But all in all, the same business.

Now DD 2.0 prior to the IPO and DD 2.5 after the IPO were the Textor years, as I like to call them, from 2006-2012. The dark ages…. and time will tell, hopefully, and justice should be done, hopefully, to bring any of those involved in any possible wrongdoings to light.

vfxlies…I did what? And you would know this because? I cashed out? You have no idea what you are talking about. And I watched it spiral downward? I was not part of the Company when it spiraled downward.

And clearly, you do not understand sarcasm… when I said I had his word… it was very tongue in cheek. John Textor’s “word”? Really? You know the old joke of how do you tell when a salesman is lying? When his lips are moving.

As for trust… I’m from NYC, I don’t trust anyone until they prove to me that they are trustworthy.

Did DD present a false picture on the run up to the IPO(s)?

As as standalone movie studio and lesser extent advertising unit, DD was pretty much finished anyway, prior to Textor. Without Textor, DD would have to have maybe tried to slog it out in the advertising vendor industry in a bigger fashion, setup shop in New York/London against the big established commercials vendors. Not easy either. The movie vfx operation was partly dangled as the IPO carrot, despite being unprofitable, that would provide vertical and horizontal integration into areas that could generate revenues, such as rights and distribution, hologram, movie production, marketing, so on. In the same way similar sized vendors rely on movie vfx as a store front but pull company revenues from other activities such as ILM/Lucas Film, Pixar, Dreamworks, Sony/Columbia Pictures. Maybe they just ran out of time. Maybe pre-IPO DD was like the chicken fillets at the grocery. The ones that are puffed up with injected air and water but maybe only contain 25% actual meat when it hits the pan. The court still has alot of paper trails to follow that one.

It will be interesting to see how the new owners handle things. Galloping Horse maybe have time to develop DD into their other markets, already being established in the East in many areas of production. Particularly if China and India continue to assimilate western-globalized culture. But they are a very young company and they borrowed 20M from communist party funds to cover operational costs going forward. And the source of those funds are ordinary citizen wages – those same folk locked into factories 18 hours a day to make cell phones and sneakers to the West. There
has already been increasing revolts there in the past couple of years, so who knows if such funding may be so ubundant going forward? Depending on communist Police and military suppression would not be a good longterm business plan, so DD may need to start generating profits sooner than later.

That’s the one problem with the fit as-is. Galloping Horse has all the attributes to achieve in the areas where IPO DD failed but so far, Chinese and Indian forays into
North American Markets seem to consist of targeting bulk DVD-duplication, digital film restoration and stereo conversion. High-volume low-margin business that generates
solid revenues. Quite a departure from DD as-is but would bring you into competition, on a big scale, with the biggest players in the field like deluxe and technicolor. With
eyewatering capital cost outlays to boot. There are quite a few differences between then-and-now, looking at that old magazine from Japan/Sony/Columbia. Back then,
sony was truely cash rich (didn’t need to borrow from a dictatorship government), was one of the world’s leading technology inovators, with ready made parallel markets, right
at the start of this whole technology wave. Very different situations. It will be fascinating to see what the new owners have planned, whether its US focused or eastern focused. Still, good luck to everyone. Interesting also to see how long the case will drag on.

When a man gives you his word, whether it’s a $100,000 promise, or a forward looking statement that affects your position in the market, you tend to trust that person when they are a CEO of a big company.