Current Status We made substantial investments in 2007, largely to strengthen our production capabilities, and complete our Studio properties. We had our financiers backing. These efforts helped us pitch for large project as we could demonstrate our ability to scale up quickly. We made serious progress, however in mid 2008 the market dynamics changed. We sensed inevitable delays in our plans and decided that we will need to operate at lower levels till markets stabilized. I decided to pursue an MBA. Having discussed this in detail with my board members and the team, I spoke to my clients. The team pursued newer opportunities and we opted to source animation from external vendors.
Current Status We made substantial investments in 2007, largely to strengthen our production capabilities, and complete our Studio properties. We had our financiers backing. These efforts helped us pitch for large project as we could demonstrate our ability to scale up quickly. We made serious progress, however in mid 2008 the market dynamics changed. We sensed inevitable delays in our plans and decided that we will need to operate at lower levels till markets stabilized. I decided to pursue an MBA. Having discussed this in detail with my board members and the team, I spoke to my clients. The team pursued newer opportunities and we opted to source animation from external vendors.