Overview
- Only one bidder, Mike Muntaser of Muddy Water Motion Pictures, bought Poppington LLC for $100.50 at the December 30 court auction.
- The auction aimed to offset more than $1 million Dash owes from defamation judgments, producing a recovery that is effectively negligible.
- Accounts differ on Muntaser’s claim against Dash, with reports citing either about $973,000 or more than $4 million owed to Muddy Water Motion Pictures.
- The sale included rights to titles such as Honor Up, Too Honorable, Welcome to Blakroc, and We Went To China: Our Search For Like Minded Individuals.
- Dash filed for bankruptcy in September claiming only a few thousand dollars against roughly $25 million in debts, as filmmaker Josh Webber and attorney Chris Brown file a new $10 million federal suit alleging his statements derailed a $10 million film deal.