Item 1.01 Entry into a Material Definitive Agreement. On November 8, 2005, we entered into an exclusive worldwide Content License Agreement (the Agreement) with The Henry Film and Entertainment Corporation (HFEC), licensing that entity our film library of nostalgic sports footage, streaming video commercial, clips, television shows, etc. The term of the Agreement is ten years with three successive automatic one- year renewal periods. For this grant of rights, we will receive 10% of the net revenues from any and all advertising sales, syndication fees and licensing fees.
Pacificap Entertainment Holdings, Inc. is a film finance and marketing company and is uniquely modeled to restructure the risk profile of film production, while maximizing the ancillary profits from marketing, merchandising and licensing. By employing a unique, securitized and cross-collateralized capital structure used by the major film studios, their business plan will attempt to mitigate the risks normally associated with independent filmmaking. By producing commercially-driven yet uncompromising entertainment, they hope their business model will also be a vehicle capable of generating returns for investors. Each picture will be of a quality that is consistent with a major studio theatrical release, with a production budget between $15 million and $150 million and a minimum marketing budget of $15 million. The Company will be responsible for funding owning and exploiting the intellectual property that will be created from each individual project.
lilpennypincher
posted
ASK .003!!!!!!!!!!GO!!!!!!!!!!!!
lilpennypincher
posted
Dip........Get'em!
lilpennypincher
posted
liking it! BB's coming together and MACD coming up intraday.......Going back up! WEEEEE!
*Magnetic*Microspheres*
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Sweet!
lilpennypincher
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SMOKING!!!!!!!
lilpennypincher
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Stall.........
Dustoff101
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Lil', ahemm, made a few bucks here this AM..
These dern OTCBB'S and pinks sure can be fun sometimes, eh?
Dustoff101
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Geezz, sold to soon, it's still running!
lilpennypincher
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WE ARE BACK!!!!!!!!!!!
*Magnetic*Microspheres*
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Yes we are!
lilpennypincher
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all out at .0036! happy, happy!
*Magnetic*Microspheres*
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Nice Lil I'm gonna see what happens from here; still in looks like covering going on....
lilpennypincher
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Hey MM it's still going! don't think it has a top. LOL
Good luck
*Magnetic*Microspheres*
posted thanks hun glad you could make bank!
lilpennypincher
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quote:Originally posted by Dustoff101: Lil', ahemm, made a few bucks here this AM..
These dern OTCBB'S and pinks sure can be fun sometimes, eh?
Much!
Hi Dusty. LOL
Dustoff101
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Lil', saw you and MM in there so I jumped in..
Didn't DD nuttin, LOL
I'm a chicken, pluck pluck, sometimes with these runners!
posted ![[Smile]](smile.gif)
thanks hun glad you could make bank!