The docs assume 20% fees (platform + agent), but do not define: 1. Whether net is post-distributor deliverables. 2. If marketing, residuals, or deferred creator fees are deducted. 3. Who audits or signs off on this number. Is ‘net revenue’ defined in the LLC’s operating agreem...

Hi Ritesh! Thanks for raising these questions. In our forecast, we treat “net revenue” as the money we actually collect after we pay our platform and agent their 20 percent cut. Everything else—like making the deliverables, running marketing campaigns, and settling any deferred fees or residuals—gets handled later in the payment waterfall. The PPM today defines “net cash flow” a bit more broadly, taking out those costs upfront, so we’ll be updating the LLC agreement to make our pro forma defi...

The Business Plan says 40% of net profits go to investors — but this is not enforceable unless: It's in the Operating Agreement or In a legally binding Subscription Agreement (which is not included in any of the files you shared). Is the 40% profit share and preferred return s...

Thanks for the question, Ritesh. Under SEC guidelines, we are 'Testing the Waters'. Right now, we are not asking for investment but gauging investor interest. Our subscription agreement is under review by WeFunder as we speak, and any proposed investment made now will be followed up with the opportunity to make a final investment WITH our final PPM after our audit is finished. The PPM handles the 40% profit share, and you will have the opportunity to review in full before final commitment. An...

Are distribution deliverables, publicity, and residual costs recouped before investor payout? If so, are those capped or disclosed?

Yes—in our current PPM, all delivery costs (DCPs, subtitling, masters, etc.) and marketing/publicity fees are deducted as “customary costs” before we calculate Net Cash Flow, so they’re effectively repaid ahead of any investor distributions. Those line items aren’t individually capped or broken out in the PPM—they ride under the broad “distribution expenses” and “marketing” buckets. Residuals or deferred creator fees aren’t called out separately and default into “operating expenses,” giving M...

Will the LLC be closed after Starfish is monetized, or can it be repurposed? Do creators have the ability to dilute investors or take backend fees not disclosed here?

Please keep in mind that WeFunder is reviewing our PPM and auditing our information and some of these terms are subject to change, and I would advise you to read the final PPM and Operating Agreement once they are submitted for investor review. As it stands, our Operating Agreement lets us keep the LLC alive (or fold it into something new) long after Starfish wraps. Investor profit and reporting rights end ten years after the film’s first commercial release, but the managers can at any time m...

What tax documents will investors receive (K-1, 1099, etc.)? Will Section 181 be used and passed through?

As it stands, investors won’t get 1099s for distributions—Starfish is a Colorado LLC taxed as a partnership, so every year the Company will file Form 1065 and issue each Investor a Schedule K-1 showing their share of the film’s income, losses (including production deductions) and any Section 181 write-off. We do plan to elect the Section 181 “film expensing” deduction on our return, and that deduction flows straight through to each K-1 (subject to your individual basis and at-risk limits). No...

Starfish Film LLC

Back the original sci-fi film with a projected path to Sundance, distribution, and ROI

watchstarfish.com

Denver, CO

Entertainment Film Media

Highlights

Our talented team has worked with studios including A24, Netflix, Neon, Ubisoft & Riot Games

More than 40 awards won for prior films

Over 45 million views garnered for online film content created

Our director has run and owned his own production and marketing company for 8+ years

Featured Investors

Team

Pitch Deck

1 / —

THE STORY, THEATRICAL RELEASE, AND OUR PATH TO ROI

SCHEDULE A CALL WITH US

Starfish is broken into 3 chapters:

We shot our proof of concept scene to demonstrate we're capable of an A-list sense of style and presentation for a fraction of the cost:

Watch Tenkara now, a scene straight from the script (Jonah and Marie negotiate with a business tycoon to fund their project):

Each character represents a unique point of view, trying to get their second chance from the clone while offering perspective on the ethically fraught scenario the film examines:

Casting is underway, and we have exciting news incoming!

Theatrical Release Strategy

While most indie filmmakers hope and pray for a studio sale, we've already secured distribution through Atlas while leaving room for the potential everyone dreams of.

Every dollar invested will support the production needs of Starfish. Production costs will include cast, locations, crew, set design, management fees and much more. Our income streams will include deals negotiated with domestic and international distributors. Net profits generated will then flow to investors, based on their percentage of the total funds raised, at the exclusion of the creators of Starfish until returns are realized by all investors:

RECOUPMENT:

110% of investment
120% for early bird investors

Investors will be entitled to 110% of their initial investment (120% for Early Bird Investors) PLUS 40% of Net Profits. If less than $560k is raised through Wefunder, investors' share of net profits will be proportionally lowered.

Investing in this Wefunder raise means investing in our film, Starfish, under the terms outlined in our Film Financing Agreement.

Once the film is complete, we plan to submit to top-tier film festivals, including Sundance, SXSW, and Cannes. Following this, we will aggressively pursue high-level distribution by packaging the film with top agencies, distributors, and sales companies such as A24, Neon, IFC Films, etc.

Additionally, we will utilize our self-distribution and marketing strategy as listed above, growing organic support and interest for Starfish through online channels such as reddit, YouTube, and other social media.

Forward-looking statements are not guaranteed.

PERKS

As a small way to show our gratitude, we've put together some sweet Perks just for our Wefunder investors.

Your contribution goes beyond a standard EP: you're a proper film financier and your legacy will be etched in film, a medium that lasts forever and continues to shape art and culture for centuries to come. As a token of our appreciation, you'll get to keep a piece of Starfish history in your home.

+ Exclusive Screen-Used Prop or Wardrobe Piece — own a tangible piece of Starfish history. (Only 3 available)

+All lower-tier perks

You're now an executive producer of STARFISH, complete with IMDb and screen credits. To say we’re thankful would be a massive understatement. Including all below rewards, you're invited to join us for the red carpet premiere, wrap parties and festival screenings!

+ Two tickets to the MAIN premiere! (STARFISH Official Release at respective Film Festival - travel/lodging not included)

+ Invitation to a "cast & crew" screening in Denver, Colorado (travel/lodging not included)

+ An "Executive Producer" credit — on screen, IMDb, and the movie poster

+ Your Company Logo in credits

+ A 1-day visit to the set (travel/lodging not included)

+ A limited edition poster signed by main cast and writer/director/producer

+ A copy of shooting script signed by the team

+ A private link to the film once completed

+ A specialized thank-you card from the team

+ A shout out on STARFISH's social media

+ All lower-tier perks

+ Invitation to a "cast & crew" screening in Denver, Colorado (travel/lodging not included)

+ A "Co-Producer" on-screen credit

+ A 1-day visit to the set (travel/lodging not included)

+ A limited edition poster signed by main cast and writer/director/producer

+ A copy of shooting script signed by the team

+ A private link to the film once completed

+ A specialized thank-you card from the team

+ A shout out on STARFISH's social media

+ All lower-tier perks

+ A 1-day visit to the set (travel/lodging not included)

+ A limited edition poster signed by main cast and writer/director/producer

+ An "Associate Producer" credit

+ A copy of shooting script signed by the team

+ A private link to the film once completed

+ A specialized thank-you card from the team

+ A shout out on STARFISH's social media

+ All lower-tier perks

+ A "special thanks" credit

+ A copy of shooting script signed by the team

+ A private link to the film once completed

+ A specialized thank-you card from the team

+ A shout out on STARFISH's social media

+ All lower-tier perks

+ A private link to the film once completed

+ A specialized thank-you card from the team

+ A shout out on STARFISH's social media

+ All lower-tier perks

+ A shout out on STARFISH's social media platforms (Instagram, Facebook)

+ A signed STARFISH poster

+ Our eternal love and gratitude

ABOUT US

SCHEDULE A CALL WITH US

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Starfish Film LLC

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Highlights

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Featured Investors

Team

Pitch Deck

THE STORY, THEATRICAL RELEASE, AND OUR PATH TO ROI

Theatrical Release Strategy

PERKS

ABOUT US

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