Psyclops is a Maddfilms horror feature in development. Actually, it's a SLASHER, in the tradition of Evil Dead & Texas Chainsaw Massacre.
This site contains information for investors and other potential partners.

We are pleased to announce that the Department of Communications, Information Technology and the Arts has granted a Provisional 10ba Certificate. This is an important step as it helps to assure potential Investors and Distributors that their investment is 100% tax deductible. Read about 10ba at DCITA

	What is Psyclops? ...Read all about it
	What is the Story? ...Read the synopsis
	Who are the characters? ...More about the characters
	Who are we? ...More about Team Psyclops
	Want more? ...If you'd like to read the full script or get involved contact us

FAQ: Investors.

What am I buying for my investment?
An investment in Psyclops buys a share of the copyright. This is proportionate to the share of the budget and ownership by the creative partners. Therefore, assuming the budget remains at $3M AUD a contribution of $1M AUD would cover 33.3% of the financial contribution, which would buy 16.65% of the returns on copyright of the film to an uncapped or “Blue Sky” level.

Will the film be finished?
Yes: Experienced independent Completion Guarantors have assessed the team and the budget and have provided insurance to the finishing of this film.

Are there any safety nets for my Investment?
Yes: Psyclops has applied for 10BA certification under the DCTIA. Based on the proposed team and cast Psyclops was granted a Provisional Certificate which enables investors to reduce their taxable income by an amount equal to 100% of their investment.

How do Box Office returns relate to returns on Copyright?
The Box office figure relates to gross takings at the cinema. From this figure the exhibitor retains 67%, the Distributor retains the remaining 33%. There are various models from here, however generally the costs of Prints and Advertising are repaid first and then the remaining returns are split with the production. Sometimes a “From First dollar” model will apply – whereby the Production receives 20% and the distributor receives 80% until P&A is covered, then the proportion changes.

While this seems like a convoluted approach it is similar to that of “Retailer – Wholesaler – Manufacturer” in other industries. The good news is that Copyright extends beyond the Box Office. This can be via sales to other territories, sales to TV and Cable networks, and most importantly to the Horror genre – sales to the lucrative DVD market and DVD / video rental returns.

Why should I Invest in Psyclops over any other film?
Investors in Australian films have had their fingers burnt in the past by films that have been made for too high a budget for their expected returns. Australians tend to make Art House films. Even the best Art House film can only be expected to take between 6 and 20M worldwide, so when you take the above path to return into account you can see that spending 4 – 6M on making one of these films is very risky. Psyclops is a Horror film. Horror is the most successful genre worldwide spawning countless break-out hits such as The Blair Witch Project, The Ring, The Grudge and locally Wolf Creek which has made a profit on territory sales before it has seen the box office, as did Undead made in 2003. Last year’s Halloween sensation SAW was written and directed by Australians. The film was made for 1.3M US (plus actor deferrals) and returned $60M in the US cinema alone.

Psyclops is targeted straight at this same demographic and will be shot for a modest $3M AUD without any deferrals. This means the returns all come back to the investors and producers.