ONEDOOR STUDIOS August 26th, 2024
Thanks to our investors for being patient with this most recent update. Many investors have reached out personally to us for an update. Although this update isn't in video form, it's concise and really outlines our current progress.
As reported in an earlier update, our CEO Paul Lauer submitted Calculated to a major movie studio which we considered to be the best choice to distribute the movie and launch the franchise. We were able to submit the project directly to the president of the studio, but the studio passed on the project, at least for now.
However, Paul has now become friends with that studio’s CFO, since he and Paul are both executive producers on another film together. The CFO has offered to bring Calculated back into his studio for another look. His own son has read Calculated and really enjoyed it, so that’s a great help!
Moreover, that CFO is on the board of a major book publishing company that has worked with his movie studio on other book-to-movie franchises. The CFO personally submitted the Calculated books to that publishing company for publishing consideration, and we’re awaiting their response.
Paul Lauer and Dan Cobb also recently met with Paul’s friend who is a top executive at another production company. This company has produced films that have become household names and earned boxoffice returns between $150M to over $300M. They are now reviewing Calculated.
Finally, Paul has been in touch with his friend who is a top exec at another major studios which has recently been purchased by a major streaming company. Paul plans to submit Calculated to him for review.
We are continuing to put Calculated in front of potential co-production and co-financing partners. We are also continuing to improve the script.
We are also opening discussions with another production company who is partnering with Nvidia on digital film production. This is a cutting edge AI-driven movie making that can deliver lifelike, photo-realistic characters, entirely from digitally created imagery.
While we wish we were able to move faster on all 1DS projects, we are doing the best we can, and we continue to have high confidence that good things are coming our way.
MYSTREME
We are making amazing progress on the development of MyStreme. Dan and Paul are working with Dan’s team at Blackwave to envision and plan MyStreme functionality, which includes revolutionary, “nowhere else on the market” features.
Over the last few months we’ve started presenting MyStreme to potential investors for our “pre-seed” fundraising round of $2 million which will be used for the development and launch of MyStreme 1.0, hopefully by early 2025. Investors are showing great interest. Dan and Paul have already met in person with a handful of investors in the great state of Texas. If you are an accredited investor, we’d be happy to send you the offering, and if you would like to syndicate a group of investors, let us know and we can coordinate an in-person meeting
Among our many exciting advancements:
We identified a company that has successfully built and monetized some of the key features we are building into MyStreme. The solutions they built are ONLY available in their country, so we reached out to discuss securing a license to their technology for MyStreme in the U.S. Well, it turns out the CEO had just decided to leave the company, and now he has joined our team as a key advisor, and he’s also recruiting his former CTO. These guys enable us to make a huge leap forward with their experience in building, marketing, and successfully selling some of the key elements of the MyStreme platform. It’s notable that they have told us that MyStreme is actually a BETTER solution than what they had built with the other company, and they believe MyStreme has greater potential.
We’ve also added four new advisors to our team who are all successful business leaders. They are helping us with structuring our company, stock, and fundraising, as well as other key decisions to help ensure our success.
The “alpha” version of MyStreme now includes over 100,000 titles aggregated from all the major streaming platforms. We are developing the curation to find and deliver the content that is most appealing to you.
