There probably should be a line going back some of the Florida State
officials who almost certainly got a nice kickback in there somewhere :)
On 9/10/2012 9:38 AM, Stephen Davidson wrote:
I don't know if this flow chart will make our discussion list, but I
will try and send it.
It helps a person understand the complexities of this deal (robbery)
On Mon, Sep 10, 2012 at 11:35 AM, Stephen Davidson
<[email protected] <mailto:[email protected]>> wrote:
oops...sorry typo... I mean 16 million... total compensation...but
what is a few million among thieves ;)
http://www.reuters.com/finance/stocks/officerProfile?symbol=DDMG.K&officerId=1618552
On an interesting note... the link below used to have specifics,
but all the info has been removed since I first saw it....hmmmmm
http://investing.businessweek.com/research/stocks/private/person.asp?personId=120183&privcapId=99881&previousCapId=7186024&previousTitle=MK%20Capital
Here are the specifics of the investments:
State of Florida
Cash Grants $20.0 million
Tax rebates – resalable $19.9
City of Port St. Lucie, Florida
Cash Grants $10.0
Land (appraised value) $10.5
Low-interest building and equipment
lease financing $39.9
City of West Palm Beach, Florida
Cash Grants $10.0
Land (appraised value) $9.8
Low-interest financing $15.0
Beijing Galloping Horse Film Co. $50.0
TOTAL $185.1 million
On Mon, Sep 10, 2012 at 11:02 AM, Eric Thivierge
<[email protected] <mailto:[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] <mailto:[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] <mailto:[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 <tel:%28954%29%20552-7956>
* [email protected]
<http://www.3danimationmagic.com>
--
Best Regards,
* Stephen P. Davidson**
**(954) 552-7956 <tel:%28954%29%20552-7956>
* [email protected]
<http://www.3danimationmagic.com>
--
Best Regards,
* Stephen P. Davidson**
**(954) 552-7956
* [email protected]
<http://www.3danimationmagic.com>
--
_________________________________________________
Len Krenzler - Creative Control Media Productions
Phone: 780.463.3126
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