Filmmakers Offer Movie Investment to Beat Recession

Filmmakers Offer Movie Investment to Beat Recession

LONDON, February 25/PRNewswire/ --

- Filmmaking Community Opens Investment in "Michael's Resignation" Movie to the Public to Help Them Fight the "Credit Crunch"

A community of young British filmmakers are offering the public the chance to invest in their feature film production to help make themselves money during the recession. They hope to give back 10-20 times what is invested back to those who help them raise the GBP50,000 necessary to pay for the crew, camera equipment and special effects. Even those who contribute as little as GBP10 will be rewarded.

So far, the group have raised over GBP4,000 in approximately 2 weeks with little to no publicity. They have made arrangements with Barclays Bank and their credit card processing company to hold payments in escrow until they have reached their target.

A piece of the film can be bought securely online through the movie's website, MichaelsResignation.co.uk. There are 50,000 "units" available and they are priced at GBP1.00 each. Anyone can invest as little as GBP5.00.

The movie, called "Michael's Resignation", is a dark Tarantino-esque psychological thriller inspired by the near-collapse of Halifax/HBOS Bank in September 2008, and written collaboratively online by over 60 unknown young screenwriters from all over the world.

Uniquely, the film is designed as a platform to promote unknown talent and is to be produced deliberately with only undiscovered actors, unknown production staff and a soundtrack of only unsigned bands.

Producer Alex Cameron said, "Typically, investment in something as profitable and with a return timescale as movies has been limited to the super-rich, whereas we want to open it up to everyone to invest in, just like the stock market. In a time where everyone seems to want to take money from you, we want to give people a way to make it back, help make people's dreams come true, and find hope."

Notes to Editors:

- The concept of funding and producing a project with a large amount of contributors is known as "crowdsourcing" (http://en.wikipedia.org/wiki/Crowdsourcing)

- "Michael's Resignation" is just the first episode from a series of 7 modern-day film parables collectively titled "Multivalence" written by Alex Cameron in 2008 and set in the UK around the 21st century recession, or so-called "credit crunch".

- Anyone from the public can buy into the movie online via its website, please include the address in any publicity: http://www.michaelsresignation.co.uk/

          Contact:       Alex Cameron     +44(0)845-862-3777     alex.cameron@michaelsresignation.com  

Source: Michael's Resignation

Alex Cameron, +44(0)845-862-3777, alex.cameron@michaelsresignation.com

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Profile: International Entertainment