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Showing posts with the label animation

Compact Disc

Compact Disc claims to be in the business of producing animated films for other production companies and for its own account. The company appears to generate consistent (and growing) profits on increasing revenues with a healthy debt/equity ratio.   It has, however, never generated significant cash from operations of note.   Profits appear to be tied up in apparently uncollectable receivables. Management appear to have a questionable reputation - with the founding promoter – a Mr Suresh Kumar – apparently having a record of criminal charges filed against him for fraud in other ventures (allegedly by embezzling public funds by floating illegitimate companies). None of the film releases and works in process can be verified from external sources.   One would imagine that high-profile films, as management claim, would garner attention from some corner of the world.