Another reverse merger.
Business is similar to DGV
Takes some carefull reading with caluclator in hand to figure shares, warrants and pref. issues. Sports a big market cap (500mil @20/share) and money flow indicates may be ripe to sell off. otherwise no immediate opinion.
Regards,
Mad2
From 8-K dated 6/18/99
freeedgar.com
The Duck Corporation (the "Company") is a Delaware corporation formed on
March 2, 1992 with a mission to develop and commercialize a totally new video
compression technology called TrueMotion-Registered Trademark-. The Company's
operations to date have focused on delivering to the multimedia and game
development communities high performance video and audio compression and
cross platform playback capabilities. The Company offers solutions for video
capture and compression, as well as integration of TrueMotion-Registered
Trademark- into multimedia, game and communications applications and servers
running on all major platforms and distributed on CD-ROM, DVD-ROM or over a
network.
Money flow
16-JUL-99 Ticks Money Flow($MM) Avg. Price
Small Blocks +1083 -883 +10.7 -14.3 20.5136
Large Blocks +1 -15 +1.3 -5.4 20.5677
Total: +1084 -898 +11.9 -19.7 20.5249
15-JUL-99 Ticks Money Flow($MM) Avg. Price
Small Blocks +1749 -763 +22.1 -13.0 19.2844
Large Blocks +10 -10 +4.2 -3.0 18.4744
Total: +1759 -773 +26.3 -16.0 19.1414
Daniel Miller, Pres./CEO, David Silver, COO, Barry Shereck, CFO
Formed June 15, 1999 in the merger of The Duck Corporation, an On2.com subsidiary, and a subsidiary of Applied Capital Funding, Inc. Developer of broadband video compression, intends to leverage its next-generation TrueMotion VP3 video technology to launch the On2.com Broadband Network. On2.com's first offering, On2Movies, is scheduled to launch in late 1999. On2.com plans to launch On2Music and On2Games in early-2000. |
