Part 5, Finding the dollars

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Raising the money was a difficult and arduous job and took us over a year. With the help of our lawyers, this step began with creating a lengthy document called a Confidential Private Placement Memorandum, generally referred to as the PPM. This was the legal vehicle by which people could actually write their checks and become investors. Everything had to conform to strict securities laws as we were selling private equity shares in a new company.

Understandably the controls on these kinds of ventures (including what one can and cannot do when pitching to potential backers) have to be tight, although I must admit the hoops we had to jump Read the rest of this entry »

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Part 4, Locations, budgets & legal stuff

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Another aspect of the development phase was deciding where we would shoot the film.

This actually was not an issue for us because from the beginning we knew that if our first movie was The Sensation of Sight it had to be shot in Peterborough, New Hampshire–the setting Thornton Wilder used for his famous play Our Town. Our story and this lovely, small New England town was a match made in heaven.

Since Peterborough was only a half hour’s drive from our film company’s home office, we were able to case out the town in depth quite early on and realized that we could shoot the entire film Read the rest of this entry »

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Part 3, Entering the development phase

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This brings us to the summer of 2004 when we all moved to New Hampshire full-time and marks the beginning of what is called the development phase on any movie project.

I should mention here that Aaron and I had several scripts already in draft form that we had to choose from for our first three projects outlined in the business plan. Two of them were Aaron’s and one was mine. One advantage we had as partners in a new film company was that we were both writers first and had an abundance of our own material we wanted to bring to life. So while we were struggling through the business plan, Aaron was also polishing the script for The Sensation of Sight. He worked through Read the rest of this entry »

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