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Yeah IPO market heating up with nine companies set to price in the next few days and we've got our eyes on one company digital.
Domain media group it's a special -- shot behind the great aging effects on.
Brad Pitt in The Curious Case of Benjamin Button you can see that here -- -- found some rather curious get -- details -- yet you know.
What do you think about the -- the Ontario.
You know what I would stay away from an activity of risky kind of guy I like the the promise but -- -- -- little DNA on this group.
Founded 1990 by James Cameron the film maker.
And it's done the special effects are some of the -- for eighteen -- of -- eighteen billion dollar since then.
Including transformers by -- Michael Bay that director and a partner in 2006 by the company from Cameron folks and Dan Marino the dolphins Muslims who have.
It did in 2009.
They do another little quick deal they get a fight with -- of their founders.
And -- buy more control and now -- big ambitions not just the asset FX shop they wanna make movies they wanna compete with Disney and Pixar.
And things like that.
What I mean is there are.
Is there enough room nominee on the largest studios are ready while I figure that that's -- -- to -- -- -- Hundred -- -- let's go -- to W try to do that but more than look at the government largesse they have raised 130.
Million dollars in government stimulus funding.
Please June 0920 -- for the state of Florida December 0910 million for a fifteen acre site.
Tim in cash as well forty million and looks at the financing November 20 can't.
Still millions more and all the due to do that is impolite.
A hundred students by the year -- 2012 when -- universe you're setting up with that that's you to do special effects.
And have 500 jobs in Florida not a very high -- the finances though.
Yeah what about finding a lot and the today.
Yeah Wall -- gonna wanna see a lot of 112 million dollars in the first six months of the year they lost 45 million all last year and here's the thing this IPO to -- tiny thing investors put up 62%.
Of the capital.
So that they can then -- only 13%.
Of the equity yeah meanwhile the founder Jon -- doesn't have much the track record entertainment companies a partner Michael Bay that silenced -- -- -- -- the company.
Now which has been typical of a lot of IQ's this year and yet hearing a lot more that.
Yeah I think that this space from a technology for spent.
Perspective I think that the space itself is very interesting.
But I'm just wondering if at at the end of the -- they're gonna get absorbed in -- -- going public now but they're gonna absorb the largest and yet to be a bank is I'm waiting to happen again they got a couple -- losses -- got to work out with some past partners as well why that always happens with IPOs yeah I say it's -- -- media's changing.
Particularly special -- so I think it's an exciting at the end.
Again about how great street after.
But I -- so no matter how great the effect.
He needs story in unique characters and these guys -- brought in some twenty year veterans of Disney and Pixar.
And they're the ones that these successes company or failure will really hangs on adjusting to go up public Friday before -- -- I find a very interesting I don't know why they you know it well -- Fired -- to show big accounting firm in favor of assault tiny kind of from a never heard of -- questions keep coming up the.
That is -- Digital Domain that is -- curious case about the accounting because the accounting is cycle that must last -- quite a public special attention they're gonna help war.
Pressure on TF the numbers --
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