50 Cent has weighed in after news broke that Dame Dash’s film company was put up for auction and attracted little to no interest.
On Tuesday (December 30), the 54-year-old Roc-A-Fella founder’s film business reportedly sold for just $100.50, according to the New York Post. The auction was said to be part of efforts to put a dent in the nearly $1 million Dash owes from defamation lawsuit judgments.
Once he caught wind of the sale, Fif reacted on Instagram. “Damn $1 dollar He popped,” the G-Unit boss wrote in the caption. “They took his whole shit! when I first got on he said a mill was nothing.”
According to the Post, only a single bidder showed up and ultimately purchased Poppington LLC, the production company that holds Dash’s film catalog, despite expectations that it could sell for hundreds of thousands of dollars. The buyer was Mike Muntaser of Muddy Water Motion Pictures, who Dash reportedly owes about $973,000 after losing several civil lawsuits.
“I think he’s a fool, man,” Muntaser told the outlet, later admitting the purchase was meant as a “jab” at Dash. He accused Dash of dragging him through years of legal battles instead of sitting down like “grown men” to settle their issues.
“He’s just a problem,” Muntaser said. “He has an ego. I think he’s just bitter [coming] from where he was to where he is and he just blames everybody else and doesn’t look at himself in the mirror.”
Dash filed for bankruptcy in September, claiming he only has a few thousand dollars in assets while facing roughly $25 million in taxes, child support, and other debts. At least $5 million of that total is tied to civil cases involving attorney Chris Brown’s clients.
Brown has argued that the bankruptcy filing is simply another attempt to avoid paying what’s owed. Dash has also previously faced the possibility of jail time for refusing to satisfy court judgments.
The assets up for sale included the rights to Dash’s most recognizable film, Honor Up, which stars Dash, Cam’ron, and Stacey Dash, as well as Too Honorable, the documentary Welcome to Blakroc, and We Went To China: Our Search For Like Minded Individuals.
“It’s more of an undertaking of what they viewed Dash’s work to be as opposed to anything else,” Brown said, while noting that Cam’ron called Honor Up “wack” in an Instagram post earlier this year. “Like, no one cares that you went to China. Mr. Dash. I guess I really don’t know what to make of that.”
Brown is reportedly set to receive $33.50 from the sale after winning a separate $150,000 judgment. He also brushed off Dash’s continued comments about the cases.
“It’s just silly,” Brown said. “So I have no idea why he continues to slander Josh [Webber]. Frankly, what I desire the most is for him to just stop talking about my clients.”
Muntaser and filmmaker Josh Webber have now filed three defamation lawsuits against Dash, including a new case linked to comments Dash made following an appearance on The Breakfast Club podcast.
“For him being on a big stage with like Jay-Z and [Kanye West],” Muntaser added. “Why are your peers doing good, [being] constructive and you’re just playing games with others? May God guide him.”
