Darkoz history

Not being critical, but what kind of lifestyle were you living with $50k/month to where you were out on the street so quickly after losing your golden goose?

Quote: darkoz

The best way to explain it is remember all those people who developed films in darkrooms?
What adjustment could they have made into digital film?

There isn't one. My brother had film lab
in his store, selling and developing were
half his business. He wisely sold the
machine 3 years before he closed and
sent all the film out. He got rid of the
most expensive cameras and started
selling some digital. But he knew it
wasn't enough and found another
profession.

Quote:

And after 15 years of driving my way up to the top I put my faith in the film project

Have a HS friend who sold his energy
bar biz in the 90's for $2mil. He got
talked into financing part of a movie
for a Hwood producer friend. Blew
$500K on a piece of crap that went
straight to video. But all the crew
and the actors and everybody
else got paid. That was the point
of it, just another paycheck with
some suckers money.

Quote: gamerfreak

Not being critical, but what kind of lifestyle were you living with $50k/month to where you were out on the street so quickly after losing your golden goose?

Well $20k to $50k. It all depended on the film and schedule.

Lets see

2 apartments on different coasts. Lots of travel back and forth

A time share in florida

Disney vacations naturally

A collection of antique pinball and arcade machines

Approximately 30% of my income to child support for my 2 children.

Government taxes naturally

And the Dark Oz investment

I had money for a rainy day
A rainy year
But not a rainy decade

Also it was only about 3 years I was at that level. Remember I didnt start my career as a negative cutter being entrusted with hundred million dollar negatives.

It was a 12 year journey to get to that position.

KODAK invented and patented digital camera (1987), but never manufactured same. It would have harmed film sales . Kodak went bankrupt in 2012, 5 years after digital camera royalties stopped

Quote: jackmagic777

KODAK invented and patented digital camera (1987), but never manufactured same.

Did not know that. Got my first
digital in 97 to take pics for
Ebay. Paid like $700 for a 2 meg
camera. Now you can buy a
descent 16 meg for $100..

Quote: EvenBob

Reply or don't reply to my posts, why
should that matter to me. I post for
my own edification, I've said that
many times. Here, I'll give you the
definition of edification to save you
the trouble of looking it up:

ed·i·fi·ca·tion
/ˌedəfəˈkāSH(ə)n/Submit

the instruction or improvement of a person

Darkoz,

Even if you did not foresee the digital revolution in film (which should have been obvious since the late 1990s), there is a huge gap in your story between 2005, when your negative-cutting business went tits up, and 2011, when your movie was dead in the water.

What did you do those six years? If your movie was not even greenlit, there was nothing to work on for that. Why didn't you try to get a new job or learn a new trade in that time?

Someone making "$20,000 a month" in a lucrative industry could easily use business connections to get a $50,000 a year job and avoid homelessness. And even if not, how did you not take steps to avoid your fate as your savings and friends dwindled?

There seems to be something missing from the story, likely something interpersonal or some addiction not mentioned.

Quote: Mosca

Cartoon says the only reason people post on
the Internet is to draw attention to themselves
. That's true for many people and untrue for just
as many people. Lots of people post to interact
with others, to learn things, to ask questions.
I post because it makes me think, it helps me
to expand on my own beliefs. Hence the phrase
'self edification'.

I'll use some executive time to figure out where my post went to. It just vanished like that! Good night.

Quote: darkoz

Ironically I did end up with that rags to riches story

really? you're saying you're rich

what's your net worth?

I have a right to ask because you are saying you are rich

successful silicon valley tech entrepreneurs are worth mucho millions - many are worth $10s of millions

are you in their league?

are you liquid $6 million?