http://www.cartoonbrew.com/business/john-textor-made-16-million-in-2011-while-digital-domains-revenue-dropped.html
Give or take $100mil. ;-) On Mon, Sep 10, 2012 at 11:02 AM, Eric Thivierge <[email protected]>wrote: > I haven't read anywhere in any of the recent articles about him getting > 116 mil... got any links? > > -------------------------------------------- > Eric Thivierge > http://www.ethivierge.com > > > On Tue, Sep 11, 2012 at 12:53 AM, Stephen Davidson <[email protected] > > wrote: > >> Oh, I'm sure that is not the case. Textor managed to get 116 million out >> of his various deals and this kind of pump and dump scheme, as >> far as the stock goes is quite common. The way it works is you buy short >> (you are betting on it going down) as well as >> selling the initial shares before the crash. Records show that Textor >> did, indeed exercise his options before the crash. >> >> You can be sure that he is NOT hurting. >> >> >> On Mon, Sep 10, 2012 at 10:10 AM, Eric Thivierge <[email protected]>wrote: >> >>> Not sure the school will still have the dynamic as there is no local >>> studio to supervise. We'll have to wait and see. >>> >>> Also, it may have been Mr. Textor's plan if he indeed was trying to pull >>> a con, however it didn't work out for him. He's in the hole quite a lot of >>> money in that he owns like 23% of the stock and has tanked since its >>> original offering price. He had put up 2 houses as collateral and borrowed >>> from another one of the investors so I don't believe he is in good shape >>> here. Maybe a failed con if he was indeed trying to con. Costly if so. >>> >>> >>> -------------------------------------------- >>> Eric Thivierge >>> http://www.ethivierge.com >>> >> >> >> >> -- >> >> Best Regards, >> * Stephen P. Davidson** >> **(954) 552-7956 >> * [email protected] >> >> <http://www.3danimationmagic.com> >> >> >
