• Description
of the procedures to which the board
of the foundation is bound in
handling investment funds
• The procedures of the Foundation if a film
obtains a financial ‘Go’ or ‘No go’
1) | You become co-owner in the Holding Ltd
So speak!... (the format ++); This Holding Ltd does not do
business with external companies, by this it can not become
bankrupt. The Holding Ltd gives only licences to its own workingcompanies. The owners make their own rules & regulations, and direct the holding strategically on basis of their % of shares |
2) | All intellectual property © (formats-, author-, project-, en project development RIGHTS) of which the participants are co-owner, are in the hands of the Holding Ltd So speak!... in sealed envelops (by an independent and registered third party by means of date time group) of the notary for legal monitoring, security and protection, in connection with transfer to investors for the benefit of evidence on originality |
3) | Participants have the possibilities to observe all activities |
1) | Your money is deposited into an account which is managed by the Board of the Foundation following strict procedures. |
2) | If the total amount for a project is not collected, it is cancelled. The reserved amount is paid back minus 5 -10% administration costs. |
3) | If the minimum realization budget of average €.100,000* has been collected, and the foundation can prove pre-sales of option-contracts valuing 200% the foundation will give the go-ahead (‘filmthis’) to the creative-, logistic- & production - and marketing-partners and distribute work budgets as set out in the partner contracts, on the basis of no cure no pay. |