India's Prime Focus seeks buyer

Become a member of the CGSociety

Connect, Share, and Learn with our Large Growing CG Art Community. It's Free!

Thread Tools Display Modes
  06 June 2013
India's Prime Focus seeks buyer

Shares of Prime Focus, a visual effects maker for films and advertisements, rose 5% to Rs 37.30 Monday on buzz a foreign private equity fund was buying stake in the company's wholly-owned subsidiary Prime Focus World.

It is learnt that the company has appointed Macquaire to find buyers for Prime Focus World, which provides visual effects to and 3D conversion for Hollywood movies like 'Star Wars' and 'Titanic'.


:Daily Sketch Forum:HCR Modeling
This message does not reflect the opinions of the US Government

  06 June 2013
This will be interesting to see the outcome. I had a lot of friends that used to work for them when they had acquired Frantic Films. Needless to say, none of them work there anymore.
poof ~>Vimeo<~
  06 June 2013
First thing that came to mind: Pump and Dump
"Pump and dump" is a form of microcap stock fraud that involves artificially inflating the price of an owned stock through false and misleading positive statements, in order to sell the cheaply purchased stock at a higher price. Once the operators of the scheme "dump" their overvalued shares, the price falls and investors lose their money. Stocks that are the subject of pump and dump schemes are sometimes called "chop stocks".[1]
While fraudsters in the past relied on cold calls, the Internet now offers a cheaper and easier way of reaching large numbers of potential investors.[1]

Not saying it's true but it does make one wonder.
Thread Closed share thread

Posting Rules
You may not post new threads
You may not post replies
You may not post attachments
You may not edit your posts

vB code is On
Smilies are On
[IMG] code is On
HTML code is Off
Society of Digital Artists

Powered by vBulletin
Copyright 2000 - 2006,
Jelsoft Enterprises Ltd.
Minimize Ads
Forum Jump

All times are GMT. The time now is 04:19 PM.

Powered by vBulletin
Copyright ©2000 - 2018, Jelsoft Enterprises Ltd.