THE UNINVITED
Offering Details
THE UNINVITED
(Party) Crasher is the true story of a young man with a restless heart and deep-lying insecurities that were masked by an insatiable, abnormal craving for self approval. With the help of a higher power and Dr. K, Mitch started doing “esteemable” acts and a miracle happened. The fear and insecurities disappeared and the craving for approval transformed into an ability to help others and think less about himself.
Offering Overview
Gross income of the Company shall be allocated as set forth below on a pro-rata and pari passu basis, less the following amounts: Approved collection account management fees and expenses; to pay guild residuals (e.g., SAG-AFTRA, etc.) per any applicable collective bargaining agreements; to be paid for any third party foreign sales agent fees and expenses, producer’s domestic sales representative fees, Company’s tax filings, distribution legal fees and to recoup any third party, out of pocket, non-budgeted distribution and marketing expenses (e.g., non-budgeted delivery items, marketing expenses, film market and/or festival attendance fees and costs, shipping charges, etc.) incurred by the Company. First, pro-rata and pari passu to the investors until they recoup 100% of their investment, then an additional XX% premium until they recoup their full investment plus premium or XX% of their respective financial contributions to the Picture pro-rata and pari passu; and Second, pro-rata and pari passu, to the payment of the “Permitted Deferrals,” no more than the difference between the amount raised and the Budget Cost; Thereafter to “Net Profits,” pursuant to which: The managing members of the Production Company and their designees, collectively, shall receive 65% of the Net Profits (including any third party participants as determined by Production Company’s manager in its sole discretion) (the “Producers Pool”); and Investor shall receive 35% of the Net Profits (“Investor Share”), pro-rata and pari passu.
Meet Craig Schmell
How Did You Do It?
How I Found Myself
Disclaimers
Investment in alternative assets such as film productions are risky. Investors should be prepared to lose some if not all of their investment. XChange Place is not responsible for the material provided by the issuer and investor should their own due diligence before investing.