a Miguel SILVEIRA FILM
CASSANDRA and her friends are all recent graduates struggling to get by. When a new administration takes power, student loan protections virtually disappear overnight and their struggle becomes a nightmare. Cassandra and her friends put their higher education to use and devise a method to expose and destroy the corrupt system that created the student loan crisis. Before they can articulate their plan to the masses, some of them show up dead. Cassandra must find out why before it is too late.
HAS BEEN WAITING
LOAN HORROR FILM
Type of Film:
Stage of Production:
CASSANDRA was the first in her family to go to college. Growing up in a working-class neighborhood in the US Midwest, she worked hard, defied the odds, and got her masters in Journalism from Columbia University. Her friends have similar stories: the children of immigrants, DREAMers, and people with working or middle class families that could not afford the escalating tuition costs of educational institutions – people who relied on student loans in order to attend college and grad school – people who were assured that higher education was the path out of poverty, only to find themselves in huge amounts of debt with no guarantee of future employment. They are struggling as recent graduates in this economy. When a new administration takes power, student loan protections virtually disappear overnight turning Cassandra and her friends’ struggle into a nightmare. The new repayment programs are impossible and the penalties are horrifying. Cassandra and her friends take action. They put their higher education in political science, economics, mathematics, and journalism to the test and devise a method to expose and destroy the corrupt system that created the student loan crisis. As Cassandra prepares to articulate the plan to the masses, her friends start to show up dead. ESTEBAN drowns in the East River. JACKIE is crushed in a freight elevator. The authorities label them suicides or accidents, but she knows better. She remembers Esteban joking about “drowning in debt” and Jackie being “crushed by her loans”. The message is clear, but who is sending it? The closer they get to destroying the system and winning the battle for students everywhere, the closer they get to death. "No Forbearance" is a satirical horror film intended to scare the audience into paying attention while offering a practical solution to the student loan crisis we currently face in America.
BUDGET & FINANCES
The value of the film is estimated to be Five Million Dollars ($5,000,000.00) and the budget is coming from a group of investors in the form of private equity. Ten (10) investment units offered at a price of $500,000 per subscription.
NoPORT Film will spend 10% of each investor subscription payment ($50,000) for administrative expenses, casting, location scouting and other critical developments.
10% of each investor subscription payment ($50,000) as a gross corridor in an escrow account for expenses related to creating the LLC and management of the Company, including, but not limited to costs incurred for accounting, legal fees and taxes.
The rest of the funds 80% ($400,000) will be released immediately to the Managing Member at such time as Two Million and Eight-Hundred Thousand Dollars (2,800,000.00) has been raised -- the Minimum Required Financing (“MRF”). This is the amount necessary to start principal photography production and to assemble dailies of the film. It excludes the balance needed to assemble a rough cut and post-production costs which include final picture editing, sound mix, color correction, music and scoring, final delivery elements, festival fees, and marketing costs.
TERMS OF INVESTMENT
NoPORT Films has prepared a $500,000.00 private equity offering. Investors will have a right to recoup 100% of their capital.
NoPORT Films is also offering a twenty percent (120%) return of the investor's initial contribution.
An executive producer credit in the opening title sequence and final credits of the film.
The primary focus of the LLC upon completion of the Film is to enter into distribution agreements with domestic and foreign distributors. These agreements will give the distributors exclusive rights to exploit the film in specific markets within specific territories for a specific length of time.
The initial strategy aims to exploit the movie at top tier festivals with the objective of premiering at least at one of them. The targeted festivals have strong media presence and are known to launch awareness. Furthermore, we aim to screen in select theaters to ensure press coverage.
With an international sales agent on board, the Film’s international sales and licensing process can begin. We plan to exploit all available revenue streams including theatrical, VOD, Internet and other ancillary markets.