Up to speed
Topic: Financing
There probably won't be much to add in this thread for a while, so I'll just bring this section up to speed.
Rob's brother is our key to getting the money to make this thing. He builds houses for a living and the respect he garners has afforded him to have connections with real estate developers with a nice cash flow.
As the story goes, Rob's brother -- we'll call him Dave -- has been watching Rob improve his filmmaking skills over the years. In 2003, he told Rob that he's ready -- that Rob's skills were now to the point where he needed to make a money. He asked how much, realistically, would be needed for him to make his first film. Rob said $600,000, ... not too cheap, not too expensive. "Dave" said that when Rob had a script, to come back to him.
Of course, that's when I entered the picture.
Once I was into writing the script, and Rob knew that we were going to work well together, he asked his brother about the money and said to just let him know and he would set up meetings with some financiers. Although they didn't have experience financing films, they had a lot of money.
Rob's plan was to ask for $100,000 from each investor, with a deal in place that the first four to put up at least that amount would be given a producer slot.
But then ... came the Money Dude.
Money Dude has more money than many of the rest AND he has helped to finance films. Dave talked to him about our project and he said that he would not invest in less than $1 million into a film. Rob quote a new budget -- $1.2 million.
That's about it so far. We don't know exactly when we'll be going to the Money Dude, but it will probably happen in either February or March. If we can'secure the money by March, we might be able to start shooting in June.
Fingers crossed.
And toes.
And whatever other appendages.
Posted by blackroosterfilms
at 12:01 AM PST