OCYS Consolidated Thread

[Unregistered]

yup. Especially when everything they do is stupid!

[Unregistered]

Anything can be said in a lawsuit. Lawyers surround bankruptcies like sharks hunting fees. The people running DD were good people. They just weren't smart enough to deal with the hedge fund sharks. But you feel good telling the world he's a criminal as if you know what you are talking about. Let it play out in court and come back later to pollute a youth soccer site with your hatred of this guy. In the meantime you are calling him a criminal with no facts at all. Ugly.

Well, a little Google research reveals this:

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Digital Domain released its 2011 annual report yesterday, and it turns out that the man at the center of Digital Domain’s “pay-to-work” scandal is profiting quite handsomely, to the tune of $16 million dollars in 2011. Textor’s pay package included a salary of $791,372, a bonus of $407,000, shares through a stock exchange worth $6.5 million and a penny-a-share option award worth $2.5 million. Textor also received options with an exercise price of $9.63. Digital Domain will report the value of those options at $5.8 million. On top of the $16 million he received last year, Textor also owns 25% of Digital Domain, a stake worth $59 million.

Surely, stockholders are paying Textor handsomely because of the wealth he’s bringing into the company. Oh, wait…hang on…Digital Domain’s revenue dropped between 2010 and 2011? According to the Palm Beach Post, “For the full year, Digital Domain reported a loss of $141 million on revenue of $99 million, compared to a 2010 loss of $42 million on revenue of $105 million.” To put this into perspective, Time Warner chief executive Jeff Bewkes received total compensation of $26 million in 2011 for running a company that reported a profit of $2.9 billion.
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So, he makes $16MM in 2011 but the doors close in September 2012?

Just a business failure.....

yeah, ugly.

[Unregistered]

Well, a little Google research reveals this:

********************************************
Digital Domain released its 2011 annual report yesterday, and it turns out that the man at the center of Digital Domain’s “pay-to-work” scandal is profiting quite handsomely, to the tune of $16 million dollars in 2011. Textor’s pay package included a salary of $791,372, a bonus of $407,000, shares through a stock exchange worth $6.5 million and a penny-a-share option award worth $2.5 million. Textor also received options with an exercise price of $9.63. Digital Domain will report the value of those options at $5.8 million. On top of the $16 million he received last year, Textor also owns 25% of Digital Domain, a stake worth $59 million.

Surely, stockholders are paying Textor handsomely because of the wealth he’s bringing into the company. Oh, wait…hang on…Digital Domain’s revenue dropped between 2010 and 2011? According to the Palm Beach Post, “For the full year, Digital Domain reported a loss of $141 million on revenue of $99 million, compared to a 2010 loss of $42 million on revenue of $105 million.” To put this into perspective, Time Warner chief executive Jeff Bewkes received total compensation of $26 million in 2011 for running a company that reported a profit of $2.9 billion.
********************************************

So, he makes $16MM in 2011 but the doors close in September 2012?

Just a business failure.....

yeah, ugly.

FC minions working for an answer.....

[Unregistered]

I know for a fact that JFC is sending at least 40 teams to the OCYS tournament. Stop trying to start crap. Put down your axe, and go hug your kids!

Didn't all the same teams just play each other at the JFC tournament last weekend?

[Unregistered]

You must admit there seems to be a pattern:

Sims (Snowboards) - http://snowboarding.transworld.net/p...cord-straight/

Baby Universe - http://wpb.org/wp-content/uploads/20...background.pdf

Lydian Bank - http://m.palmbeachpost.com/news/busi...k-fails/nLxCS/

Lydian Bank and Baby Universe connection - http://secfilings.nyse.com/filing.ph...C=SECTION_PAGE

Digital Domain - http://money.cnn.com/2012/09/11/tech...main-bankrupt/

Pulse - ????

[Unregistered]

accepted teams link please. Otherwise all bullsh--

[Unregistered]

Didn't all the same teams just play each other at the JFC tournament last weekend?

Why do you care?

[Unregistered]

You must admit there seems to be a pattern:

Sims (Snowboards) - http://snowboarding.transworld.net/p...cord-straight/

Baby Universe - http://wpb.org/wp-content/uploads/20...background.pdf

Lydian Bank - http://m.palmbeachpost.com/news/busi...k-fails/nLxCS/

Lydian Bank and Baby Universe connection - http://secfilings.nyse.com/filing.ph...C=SECTION_PAGE

Digital Domain - http://money.cnn.com/2012/09/11/tech...main-bankrupt/

Pulse - ????

wow good info.unbelievable

[Unregistered]

accepted teams link please. Otherwise all bullsh--

Go to the website. The link is there. Why do you expect someone else to go to the website and find a link for you?

[Unregistered]

here I will do it

http://www.gotsport.com/events/teaml...&showall=clean

[Unregistered]

No, but Securities Fraud is a crime. If that is determined to be the case then it wouldn't be slander now, would it?

There is no indication that the guy has been pursued in any way for criminal activity. Civil fraud is civil...not criminal. How they differentiate is beyond my pay grade.

[Unregistered]

Anything can be said in a lawsuit. Lawyers surround bankruptcies like sharks hunting fees. The people running DD were good people. They just weren't smart enough to deal with the hedge fund sharks. But you feel good telling the world he's a criminal as if you know what you are talking about. Let it play out in court and come back later to pollute a youth soccer site with your hatred of this guy. In the meantime you are calling him a criminal with no facts at all. Ugly.

Really? The big bad hedge funds took him down? If not for them DD would still be in business, pumping out tens of millions in losses every year? Hedge funds don't cause a collapse but they certainly can expose one.

[Unregistered]

You must admit there seems to be a pattern:

Sims (Snowboards) - http://snowboarding.transworld.net/p...cord-straight/

Baby Universe - http://wpb.org/wp-content/uploads/20...background.pdf

Lydian Bank - http://m.palmbeachpost.com/news/busi...k-fails/nLxCS/

Lydian Bank and Baby Universe connection - http://secfilings.nyse.com/filing.ph...C=SECTION_PAGE

Digital Domain - http://money.cnn.com/2012/09/11/tech...main-bankrupt/

Pulse - ????

Gotta love America!! You too can get rich while your business fails.

[Unregistered]

Gotta love America!! You too can get rich while your business fails.

Poor taxpayers in Port Saint Lucie are getting soaked:
http://blogs.browardpalmbeach.com/pu...lapse.php#more

[Unregistered]

Flowing robes on the Arab Sheikhs, helicopters, screaming young worshiping fans, all at Filipe Estate. Direct links to Abu Dhabi, Man City, the EPL, glory and riches. Just two short years ago.