I may be doing this to finance something on the current slate.
Originally posted on Finance topics, trends, & specific term sheets:
Has anyone ever heard of telemarketing firms being in the screen credits for a feature film? Me neither. And yet telemarketing firms have been instrumental for the financing of independent films for decades. You rarely ever hear about this unless one is involved with fraud or headline news like this one promising 1000% ROI in Burbank in 2011; http://SinCityFinancier.wordpress.com/2011/06/19/posterous-jeff-shares-a-web-site-with-you-72496
Here is an example of a Florida Film Fund that was telemarketing “kick-backs”; http://SinCityFinancier.wordpress.com/2013/08/23/no-1-in-stock-fraud-so-florida-busts-net-1-7b-since-2010-include-film-fund-kickbacks-to-hedge-funds-from-south-florida-bus-journal.
Film producers also hold hotel seminars orientated toward senior citizens. Here is what the Hollywood Reporter says about one film producer that used this approach to market to a large audience; http://www.HollywoodReporter.com/thr-esq/not-forgotten-lawsuit-ponzi-scheme-paz-vega-372735.
Fact is telemarketing is still the primary means to sell to large audiences including; private placement memorandums (PPM’s), or debt to equity conversion debentures (bonds), or EB-5 foreign investors marketing campaigns that can take a year to complete. Regular (DPO’s) direct or initial…
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