Producer Points Terms
Producer Points Investment Terms
By purchasing a tier that includes Producer Points, you are entering into a private investment agreement under the following terms.
1. What You Receive
You are purchasing a defined number of Producer Points in the film Honey Milk Biscuit, based on your selected tier.
If and when the film generates net revenue (gross income minus production, marketing, and distribution costs), up to 70% of that revenue will be allocated to Producer Point holders.
You are entitled to a proportional share of that pool, calculated based on the number of points you hold relative to the total issued.
If included in your tier, your name may appear in the film’s credits under Producer Point Investors.
2. Legal Framework
This offer is made in accordance with Section 708(1) and (2) of the Corporations Act 2001 (Cth), as an excluded offer to fewer than 20 investors within a 12-month period, raising no more than $2 million AUD.
As such, this offer is exempt from the requirement to issue a regulated disclosure document (e.g. prospectus or PDS).
The Producers reserve the right to cap or refuse participation to ensure compliance with this exemption.
3. What Producer Points Represent
Producer Points do not grant equity or ownership in the film or any associated entity.
They do not include voting rights or control over production, distribution, or financial decisions.
They entitle the holder to a revenue share only, if and when revenue is generated.
4. Revenue & Payout Terms
Producer Points contributions go directly toward financing the production of Honey Milk Biscuit.
All incoming revenue is first used to recoup the total production, post-production, marketing, and distribution costs.
Once the film breaks even, up to 70% of net revenue (i.e. revenue beyond the break-even point) will be distributed among Producer Point holders.
If the film does not break even, and only partial revenue is generated, a proportional payout may still occur from the revenue collected — allowing some costs to be recouped by investors.
Payouts (if any) will be calculated pro rata, based on your number of Producer Points relative to the total issued.
Payouts will be issued via bank transfer or other reasonable method, and you will be contacted using the email address provided at purchase.
5. No Guarantees
There is no guarantee that the film will generate any net revenue or that any payout will occur.
This is a speculative investment in a creative work, with inherent financial risks.
By purchasing, you acknowledge that you may receive no financial return.
6. Tax and Reporting
All Producer Points are recorded and tracked internally by the production team.
You are responsible for providing accurate payment and tax details if and when payouts are issued.
Any earnings received may have tax implications depending on your country or status. We recommend seeking independent tax advice.
7. Refunds
Refunds may be issued prior to the start of pre-production, if requested in writing.
Once pre-production begins and budgeted funds are committed, no refunds will be granted.
If the production is formally cancelled before completion, remaining funds may be refunded proportionally, at the producers’ discretion.
8. Confirmation of Agreement
By completing your purchase of a Producer Points tier, you confirm that you:
Have read and understood this agreement;
Are investing under the terms of a private, exempt offering;
Acknowledge the speculative and non-equity nature of this investment.