The creators of the Tupac hologram are going through a hard times and will be shutting down their offices…..

According to eurweb.com, the company responsible for creation of the Tupac hologram, filed for bankruptcy after going public less than a year ago.  The company is called Digital Domain Media Group Inc. and they are responsible for bringing films such as “Pirates of the Caribbean” and “Transformers.”  Even with those major films under their belt, the company was still “running out of cash,” says Chief Restructuring Officer Michael Katzenstein.

The company went public 10 months ago, selling shares at $8.50, below the expected rate of $10-12. In March the shares went down to $5 and then back up to $9.20 because of the Tupac hologram creation. Recently, the shares went down as low as 44 cents.

D.D.M.G. defaulted on a lot of loans and said they would lay off about 280 workers and close its Florida facility just last week. Even CEO John Textor, the company’s second-largest shareholder, resigned, because he wasn’t happy with the decision but had no control over it.