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.
-------------------- ^..^ Posts: 3897 | From: New York | Registered: Jan 2004
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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.
-------------------- Lil,
Dont LOSE more than you can afford to invest....LOL
I'm buying low and selling into the run... Posts: 8024 | From: Joisey....see attitude above | Registered: Jan 2004
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thanks hun glad you could make bank!
