From Mogul to $100.50: Dame Dash’s Whole Film Company Sold for Pennies to Cover Nearly $1M Defamation Debt: Damon “Dame” Dash, once the flashy co-founder of Roc-A-Fella Records, just watched his film company Poppington LLC go for a humiliating $100.50 at a court-ordered auction tied to nearly $1 million in defamation judgments. Only one man showed up to bid: producer Mike Muntaser, who already holds a $973,000 lien against Dash after winning multiple civil lawsuits over their feud surrounding the film Dear Frank.Because Muntaser is already owed so much, any real auction money would have gone straight back to him, so nobody else bothered to compete and the company defaulted to the $100 starting range. With that single bid, he scooped up Poppington and the rights to Dash’s projects—including Honor Up, Too Honorable, and the documentary Welcome to Blakroc—while Dash, who recently filed for bankruptcy claiming over $25 million in total debt, slips even further from the mogul status he once bragged about.Donnell Ballard, your favorite newsman. #DameDash #Hustle #RichHomieQuan #CelebrityFinance Happy New years to everyone
