An opportunity to invest in a major international motor-sporting documentary production, Brabham: The Untold Story of Formula One. Brabham Movie, incorporating 360 degree VR enabled components, chronicles the life and unparalleled accomplishments of Sir Jack Brabham; Australia's first Formula One Champion and the only person to ever win the F1 Grand Prix Championship in a car of his own making. Note: Prior to this offer, Crowd88 has recently completed a Wholesale offer for Brabham Movie which raised $150,000 from our Cornerstone Club Investors.
Further information regarding the offer from Brabham Movie Productions Limited (Brabham Movie) is contained in the CSF Offer document.
I Offer Overview
Brabham Movie is raising a minimum of AU$50,000 and a maximum of AU$200,000 via a placement of up to 50,000 to 200,000 new fully paid ordinary shares in the company at an issue price of AU$1.00 per share. The minimum investment is AU$1,000 representing 1,000 shares.
Note: Prior to this offer, Brabham Movie has successfully raised AU$1.3M of AU$1.5M budget of which AU$150,000 was raised from Crowd88's Cornerstone Club Investors through a wholesale only offer. The remaining AU$200,000 is intended to be raised through this offer.
I Letter from the Producer
Thank you for considering this offer to be part of the documentary feature film, Brabham: The Untold Story of Formula One (the Film), the story of Sir Jack Brabham, Australia’s great racing driver, business man and engineer.
We are pleased to offer our investors a prioritized corridor for potential returns on their contribution. Our allocated return on investment will ensure that investors benefit from sales in all territories around the world.
The market prospects for this film are very exciting. With its universal themes of determination, sacrifice and the pursuit of excellence, Brabham: The Untold of Story of Formula One has the potential to reach far beyond established demographic of motoring enthusiasts and tap into a broader, global audience who will respond to the ‘against all odds’ story of success.
We aim to raise up to $200,000, the remainder of the $1.5 million budget. Investors are in the queue to receive up to a 110% return on their investment plus a pro-rata share of 35% on net profits.
Given the expressed interest from international sales agents, we anticipate strong potential for prestige international film festival acceptance, which in turn would bolster the film’s profile for theatrical release, video on demand, free to air TV, DVD / Blue Ray sales and educational extension packages.
The creative and business team behind the Film bring extensive documentary and dramatic feature film experience to this undertaking. Creative Producers Akos Armont and Antony Waddington are responsible for the film being completed in late 2018 and delivered in early January 2019. Akos (writer The Tender Dark) has written and is directing; along with codirector Gregory Read (Like Minds, Rocket Compulsion). Antony Waddington developed and produced Fred Schepisi’s, The Eye of the Storm starring Geoffrey Rush, Charlotte Rampling and Judy Davis. Jonathan Shteinman is one of Australia’s most prolific Executive Producers with nineteen feature films to his credit including Rabbit Proof Fence, The Children of the Silk Road, Oyster Farmer & Angel Baby.
We look forward to welcoming you on board as part of the team behind this significant and long overdue international story.
Producer, Brabham: The Untold Story of Formula One
I Business Description
Who Are We?
We are a film production company based in Sydney, Australia. This up to $200,000 will complete the financing of the Film which has $1.3 million raised to date and has been in development and production over the past three years.
Our core business is contributing to the funding of the feature film documentary, Brabham: The Untold Story of Formula One (The Film) which will be rolled out in Australia and internationally over 2019 - 2020.
What is our Business Strategy?
We plan to contribute to the funding of Brabham Movie Pty Ltd for the production and marketing of Brabham: The Untold Story of Formula One, and then, via sales in various territories / countries, return the proceeds of sales to our investors.
Domestic distribution and international sales for independent Australian films generally occur over the year subsequent to the completion of the production. If investor returns are made, Investors should expect to see returns in that year following the international premiere of the film, which is slated for mid-late 2019.
What Is Our Business Model?
We anticipate that our source of revenue will be from the sale and distribution of the feature documentary film, Brabham: The Untold Story of Formula One, returning funds to investors from sales revenue.
The film is being contracted consistent with Australian industry standard key documentation. Transmission Films (one of Australia’s leading distributors) will be marketing and distributing the film in Australia and an international sales agent will be appointed to sell the film internationally through markets such as the Cannes Film Festival, The Toronto International Film Festival, American Film Market etc. Once distribution in other territories is secured, the film will likely run in cinemas, then be broadcast via Subscription Video On Demand (SVOD), Pay TV, DVD and free to air TV in those territories. Following these methods of exhibition, the Film will be offered to run on airlines, hotels and cruise ships.
I Organisational Structure
The following figure depicts the interrelation of Brabham Movie and Brabham Movie Pty Ltd.
The Commercial Agreement between Brabham Movie Productions Limited and Brabham Movie Pty Ltd stipulates that the funds raised by Brabham Movie Productions Limited under the CSF Offer will be contributed to Brabham Movie Pty Ltd who is responsible for producing Brabham: The Untold Story of Formula One. The Commercial Agreement further stipulates that Brabham Movie Pty Ltd shall pay to Brabham Movie Productions Limited as beneficiary under the terms of any collection account management agreement funds received from sales of the Film back to the ordinary shareholders of Brabham Movie Productions Limited as per the Recoupment Schedule. Click here to view the Commercial Agreement between Brabham Movie Productions Limited and Brabham Movie Pty Ltd. Refer to Annexure A of the CSF Offer document for a copy of the Recoupment Schedule.
CORPORATIONS REGULATIONS 2001 - RISK WARNING about Crowd-sourced funding
- Crowd-sourced funding is risky. Issuers using this facility include new or rapidly growing ventures. Investment in these types of ventures is speculative and carries high risks.
- You may lose your entire investment, and you should be in a position to bear this risk without undue hardship.
- Even if the company is successful, the value of your investment and any return on the investment could be reduced if the company issues more shares.
- Your investment is unlikely to be liquid. This means you are unlikely to be able to sell your shares quickly or at all if you need the money or decide that this investment is not right for you.
- Even though you have remedies for misleading statements in the offer document or misconduct by the company, you may have difficulty recovering your money.
- There are rules for handling your money. However, if your money is handled inappropriately or the person operating the platform on which this offer is published becomes insolvent, you may have difficulty recovering your money.
- Ask questions, read all information given carefully, and seek independent financial advice before committing yourself to any investment.
FINANCIAL MARKETS CONDUCT REGULATIONS - WARNING STATEMENT ABOUT EQUITY CROWDFUNDING
- Equity crowd funding is risky.
- Issuers using this facility include new or rapidly growing ventures. Investment in these types of businesses is very speculative and carries high risks.
- You may lose your entire investment, and must be in a position to bear this risk without undue hardship.
- New Zealand law normally requires people who offer financial products to give information to investors before they invest. This requires those offering financial products to have disclosed information that is important for Investors to make an informed decision.
- The usual rules do not apply to offers by issuers using this facility. As a result, you may not be given all the information usually required. You will also have fewer other legal protections for this investment.
- Ask questions, read all information given carefully, and seek independent financial advice before committing yourself.