|Project Child Support|
Raised as a child of a single mother, I pursued becoming a jet pilot, and astronaut, until a 25 degree, right apex curvature was discovered in my spine. The subtle spinal curvature had gone unnoticed throughout my life, including through three (3) military physicals, until my final flight training physical while I was commissioned as a Lieutenant in the Marine Corps. From that point forward, I thought that I was going to be an aerospace engineer who retired at NASA. After a technology career, in honor of my mother’s death, I created a technology and servicing company to assist parents with child support dilemmas. Little did I know what the universe had planed for me.
The Universe’s Mission And Preparation To Undertake The Initiative
|Kai Patterson & His Mother|
|Kai Patterson's Childhood Apartment Complex|
Acquiring The Discipline, Skills And Contacts
|Kai Patterson's AT&T Endorsement|
|Kai Patterson's ABC News Interview|
How Professional Athletes And Celebrities Don’t Pay Child Support
|Stephen A Jordan (A.K.A Stevie J)|
Learning How To Raise Capital Through Prior Ventures
Many television series are produced with the intent of taking it to a network, and having the network fund the series, which enables them to own it, cast it, control what’s shown, cancel it, replace anyone associated with the series, and pay a small fraction of the revenue generated by the series. After experiencing adversities were some people were not sincere throughout my life, and in many business ventures, putting this series in the hands of someone who may not have an appreciation for my pigmentation is too risky. Furthermore, since we provide legal services for parents, we need to dictate what can be shown to ensure that we maintain attorney/client privileges with our clients. Having raised over $18 million for the AMBER Ready project, where news stories covered $14 million ($12 Million and 2 Million), I learned the most important factor in raising money is obtaining a contract that commits to the earnings, and having costs that are less than the earnings to generate profits.
|Sony PXW-Z100 4K XDCAM Camera|
Raising The Capital To Produce An Independent Series
|Game Prep Invented By Kai Patterson|
|AMBER Ready Lunch At U.S. Capitol|
Executing All Documents At Closing To Protect All Parties
To prevent the concerns of a chicken and egg scenario that require elements of deals to be in place before other elements can be provided, all parties agreed to an escrow attorney approved by the bank to make all of the payments to the respective parties at the closing of the funding. The terms of the agreements required the guarantors, bonding company and insurance companies to be paid their full premiums by the escrow attorney at the closing of the loan to ensure no policies would lapse for nonpayment over the course of the loan. A complete budget for the series, funding, escrow fees, and closing costs was required to be approved by the production company, bank, guarantor, bonding company, and all of the insurance companies. To ensure the production would not exceed the production budget, the production and distribution company agreed to cap their costs and incur any losses associated with any cost overruns in their agreement. The bonding company also required a five percent (5%) budget excess cushion be placed in their escrow account, which will be returned at the completion and distribution of the seasons being funded and produced.
|Kai Patterson & His Father|
|Kai Patterson's Secret Mentor|
(c) Copyright 2018 by Project Child Support
FOR MORE INFORMATION, PARENTS MAY CONTACT
Project Child Support at (855) 851-HELP or (855) 851-4357