Business Plan

The layout for the Business plan includes "The Elder Gnomes Joint Venture" formed on the basis of a Governing Board of Executive Producers. The project has been valued at fourteen million shares, half of which is to be assigned to the Joint Venture for funding the operation. Each of the seven board members must be vested. The second organization is IMS Management Incorporated, which will be funded by The Elder Gnomes Joint Venture. Within IMS Mgmt Inc will be "The Gnomes of New Hope Productions" which will be entirely managed by IMS Mgmt Inc. All rights to the project will be resident with The Elder Gnomes Joint Venture, with the management being entirely resident with IMS Mgmt Inc. All rights to every market, including all ancillary markets will be present in "The Gnomes of New Hope Productions" but term licensing will exist. There will be stock issues and possible Limited Partnership Agreements. Current funding is implemented using Front Money and this will continue until the Joint venture is fully vested with all board members. There will be an expected stock split because the buy-in is for the rights only and not operating funds. If you are a potential participant, make inquiry via a hard copy letter sent to the studio address- Image of the Mind Studios, 1325 Industrial Boulevard, Southampton, Pennsylvania 18966 materials will be made available. AG