B. Ells
Silicon Valley, CA (USA)
Role(s):
Founder/Owner/Principal
G+ Productions
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Startup
Location:
Silicon Valley
Industry:
Entertainment
Year Founded:
2011
Number Employees:
1-10 people
Business Stage:
Creation/Idea
Entity Type:
Limited Partnership
Description:
$5M equity investor(s) commit with 95% locked in an escrow, so spending under 5% ($250K).
Time limit for $4.75M escrow is 3 mos to Chairman's 'GO', and return of funds if 'NO'.
After Chairman 'GO' approval valuation rises dramatically and $25M Asia funding added.
Asian funding + $4.75M opens activities for actor/actress commit letters on II sequel.
Development of the II Sequel funded by box-office revenue from Classic's mod/re-issue.
Team has Hollywood's #1 Att'y who is also prior Co-Chairman at time of Classic's release.
Investor funding to a holding company, with multi-nationals formed in re-issue countries.
Funds usage will be primarily for Film & Distribution deals and Operating/Growth Capital.
We are able to fully disclose details under appropriate NDA and welcome proper inquiries.
Summary: Escrow limits use to 5%, til Chairman 'GO',and 95% returned in 3 mos if 'NO-GO'.
ROI% estimates available, and expected to be significant. A proforma post-NDA by request. Note: Classic's original box-office over $500M.