BIGSTAGE ENTERTAINMENT, INC. SCHEDULEOF EXCEPTIONS TO THE ASSETPURCHASE AGREEMENT BYAND AMONG IMAGEMETRICS, INC., BIGSTAGE ENTERTAINMENT, INC. AND CERTAINSTOCKHOLDERS OF BIG STAGE ENTERTAINMENT, INC., DATEDAS OF DECEMBER __, 2010
EX-2.1 2 v210051_ex2-1.htm
BIG STAGE ENTERTAINMENT, INC.
SCHEDULE OF EXCEPTIONS TO THE
ASSET PURCHASE AGREEMENT
BY AND AMONG
IMAGE METRICS, INC.,
BIG STAGE ENTERTAINMENT, INC.
AND
CERTAIN STOCKHOLDERS OF BIG STAGE ENTERTAINMENT, INC.,
DATED AS OF DECEMBER __, 2010
The following are exceptions to the representations and warranties of Big Stage Entertainment, Inc., a Delaware corporation, (the “Company”), contained in that certain Asset Purchase Agreement (the “Agreement”) by and among Image Metrics, Inc., a Nevada corporation (the “Buyer”), the Company and the stockholders of the Company identified in the signature pages thereto, (the “Shareholders”), dated as of December __, 2010, pursuant to which substantially all of the assets will be acquired and certain of the liabilities of the Company will be assumed by the Buyer (the “Transaction”), all subject to the terms and condition of the Agreement, and should be considered an integral part of the Agreement. The section numbers in this Schedule of Exceptions correspond to the section numbers in the Agreement; provided, however, that any information disclosed herein under any section number shall be deemed disclosed and incorporated into any other sections, schedules or exhibits under the Agreement where such disclosure would be appropriate, whether or not repeated under any section number where such disclosure might be deemed appropriate. For convenience of reference, the Company has, in certain instances, included cross references to other sections in this Schedule of Exceptions. The inclusion of any such references does not mean that in those instances where a cross reference is not included, any disclosure contained herein is not disclosed or incorporated into any other sections, schedules or exhibits under the Agreement where such disclosure would be appropriate. All exhibits attached hereto are incorporated by reference herein. Any terms defined in the Agreement shall have the same meaning when used in this Schedule of Exceptions as when used in the Agreement, unless the context otherwise requires. Notwithstanding any materiality qualifications in any of the Company’s representations, warranties, covenants, and agreements in the Agreement, for administrative ease, certain items have been included herein that are not considered by the Company to be material to the business, assets, results of operations or prospects of the Company. Nor in such cases where a representation or warranty is limited or qualified by the materiality of the matter to which the representation or warranty is given shall disclosure of any matter in this Schedule of Exceptions imply that any other undisclosed matter having a greater value or other significance is material. The inclusion of any item hereunder shall not be deemed to be an admission by the Company that such item is material to the business, assets, results of operations or prospects of the Company nor shall it be deemed an admission of any obligation or liability to any third party. References to all other agreements in this Schedule of Exceptions are only summaries and are not intended to be full descriptions of those agreements. All references to other agreements are qualified in their entirety by reference to those agreements, and all such agreements should be read in their entirety.
2.1(a)(i) List of Assets
BIG STAGE ENTERTAINMENT, INC | |||||
LIST OF ASSETS | |||||
Oct 26, 10 | |||||
ASSETS | |||||
Current Assets | |||||
Checking/Savings | |||||
1001 · Silicon Valley Bank | 314.91 | ||||
Total Checking/Savings | 314.91 | ||||
Accounts Receivable | |||||
11000 · Accounts Receivable | 54,437.50 | ||||
Total Accounts Receivable | 54,437.50 | ||||
Other Current Assets | |||||
1402 · Prepaid Insurance | 2,769.76 | ||||
1405 · Prepaid Royalties | 500.00 | ||||
Total Other Current Assets | 3,269.76 | ||||
Total Current Assets | 58,022.17 | ||||
Fixed Assets | |||||
1300 · Equipment & Computers | 8,687.57 | ||||
1301 · CIP - Software Development | 1,870,287.00 | ||||
1304 · Software | 8,785.12 | ||||
1305 · Accum Depre - Equip & Computers | -3,468.08 | ||||
1306 · Accum Depre - Software | -4,391.43 | ||||
1320 · Patent License | 341,500.00 | ||||
Total Fixed Assets | 2,221,400.18 | ||||
TOTAL ASSETS | 2,279,422.35 |
2.1(a)(ii) List of Accounts and Notes Receivable
BIG STAGE ENTERTAINMENT, INC | ||||||||
LIST OF ACCOUNTS AND NOTES RECEIVABLE | ||||||||
> 90 | TOTAL | |||||||
Atlantis Cyberspace, Inc. | 5,000.00 | 5,000.00 | ||||||
Media Mayhem Corporation | 38,000.00 | 38,000.00 | ||||||
The Marketing Store Worldwide Ltd | 11,437.50 | 11,437.50 | ||||||
TOTAL | 54,437.50 | 54,437.50 |
2.1(a)(iii) List of Inventories
NONE
2.1(a)(iv) List of Computers, Machinery, Equipment, Furniture, Fixtures, Leasehold Improvements and Motor Vehicles
1. All corporate documents / files in physical form currently stored in our Storage Facility.
Hardware kept and maintained to run our basic website and web services. Available for transfer to Image Metrics Data center.
Dell 1U Web Server : Dual Xeon 3.0 GHz, 4GB RAM, 73 GB HD -
Dell 1U Web Server : Dual Xeon 3.0 GHz, 4GB RAM, 73 GB HD
Dell 2U File Server : Dual Xeon 3.0GHz, 6GB RAM, 128 GB HD, 256 GB HD
Custom Build 4U Render Server : 3.0GHz Core2Duo, 8GB RAM, 1TB HD (specs not confirmed)
Custom Build 4U Render Server : 3.0GHz Core2Duo, 8GB RAM, 1TB HD (specs not confirmed)
Dell Vostro 429 Tower Job Server : 2.66 GHz Core2Duo, 3GB RAM, 500GB HD
Dell Vostro 220 Mini Tower Job Server : 2.66 GHz Core2Duo, 3GB RAM, 500GB HD
HP DL385 2U Server (Gouken) : Dual AMD Opteron 2.2GHz, 4GB RAM, 256 GB HD
eSata RAID Enclosure 4x1TB HD
Linksys RVS4000 VPN Router
2.1(a)(vi) List of Intellectual Property
See Attached “Big Stage Patents and Applications.pdf” if the tables below do not show up.
2.3 List of Creditors to Receive Consideration Stock and Number of Shares
Big Stage Liabilities Analysis
Transaction Proceeds | Transaction Proceeds | Deals that are Done | ||||||
AP | Security Deposit | Net AP | Secured? | (Including Unsecured) | (Including Unsecured, in # shares) | |||
Appleby | $9,775.08 | $ 9,775.08 | $5,521.01 | 4,801 | * Updated 10/28/10 | |||
AT&T | $238.45 | $ 238.45 | n | $134.68 | 117 | * Updated 10/28/10 | ||
Computer Patent Annuities N America LLC | $ 2,611.04 | $2,611.04 | n | $1,474.73 | 1,282 | * Updated 10/28/10 | ||
Covad Communications | $ 670.42 | $670.42 | n | $378.66 | 329 | * Updated 10/28/10 | ||
Disney | $ 51,270.00 | $51,270.00 | n | $51,270.00 | 52,292 | * Updated 10/28/10 | ||
Imperial Credit Corp | $ 469.11 | $469.11 | $264.96 | 230 | * Updated 10/28/10 | |||
Knobbe, Martens, Olson & Bear, LLP | $ 6,308.76 | $6,308.76 | n | $3,563.22 | 3,098 | * Updated 10/28/10 | ||
Mission Ventures Operating Co, LLC | $ 6,587.22 | $6,587.22 | n | $3,720.49 | 3,235 | * Updated 10/28/10 | ||
Mission Ventures Convertible Note | $3,000,000.00 | $3,000,000.00 | y | $1,694,413.17 | 1,473,403 | |||
Mission Ventures Promissory Note | $ 477,552.00 | $ 477,552.00 | n | $269,723.47 | 226,833 | |||
NAS Recruitment Communication - Rent | $ 56,884.80 | $29,505.67 | $27,379.13 | n | $15,463.85 | 13,447 | * Updated 10/28/10 | |
Polaris | $ 4,505.74 | $4,505.74 | n | $2,544.86 | 2,213 | * Updated 10/28/10 | ||
Pure Green Corp | $1,278.60 | $1,278.60 | n | $722.16 | 628 | * Updated 10/28/10 | ||
Phyber | $ 5,480.00 | $5,480.00 | n | $3,095.13 | 2,691 | * Updated 10/28/10 | ||
Rackspace | $8,954.40 | $8,954.40 | n | $5,057.48 | 4,398 | * Updated 10/28/10 | ||
Sheppard Mullin Richter & Hampton LLP | $84,475.74 | $84,475.74 | n | $47,712.27 | 41,489 | * Updated 10/28/10 | ||
Silverpop Systems Inc. | $21,020.35 | $21,020.35 | n | $11,872.39 | 10,324 | * Updated 10/28/10 | ||
Stubbs Alderton & Markiles, LLP | $31,931.31 | $31,931.31 | n | $18,034.94 | 15,683 | * Updated 10/28/10 | ||
Tae Joon Park | $ | $ - | n | $ - | - | * not on newest liabilities ledger | ||
University of Southern California | $ 111,500.00 | $111,500.00 | n | $111,500.00 | 96,957 | 50,000 | ||
Wells Fargo Business Credit | $ - | $ - | n | $ - | - | |||
XCast Labs, Inc. | $ - | $ - | n | $ - | - | * not on newest liabilities ledger | ||
Employee Vacation Payable as of 3/31/2010 | 23,532.55 | $ 23,532.55 | n | $ 23,532.55 | 20,463 | * Updated 10/28/10 | ||
Jack Bell | $ 30,000.00 | n | $30,000.00 | 26,087 | ||||
Total AP | 3,905,045.57 | $3,905,539.90 | $2,300,000.00 | 2,000,000 | ||||
SVB Notes | 540,343.00 | y | (SVB debt will be assumed by Image Metrics) | |||||
Total Liabilities | 4,445,388.57 |
Image Metrics Share Price 8/12/10 | $1.15 | |||||||
Image Metrics Shares Outstanding | 15,869,777 | |||||||
IM Valuation | $18,250,244 | |||||||
Transaction Proceeds | Transaction Proceeds | Deals that are Done | ||||||
AP | Security Deposit | Net AP | Secured? | (Including Unsecured) | (Including Unsecured, in # shares) | |||
Proceeds from Big Stage Transaction | 2,000,000 | |||||||
Value of Big Stage Transaction Proceeds | $2,300,000 | |||||||
AR | ||||||||
Big Stage Transaction Value | $2,300,000 | |||||||
Total Assets | $ 2,300,000 | |||||||
May need to be paid in cash | $ 12,474.31 | |||||||
Mission Shares | 1,707,945 | |||||||
Less carve-out for Disney | (40,000) | |||||||
Net shares to MVIII | 1,667,945 | |||||||
IM Share Price - last trade 9-28-10 | $1.20 | |||||||
Estimated value of MVIII | $ 2,001,534 | |||||||
Discount due to indemnification | 20% | |||||||
Discounted FMV to MVIII | $ 1,601,227 | |||||||
2.6 Allocation of Purchase Price
See “Big Stage Liabilities Analysis v7.xlsx” attached.
3.3 Intellectual Property
See the IP list above at 2.1(a)(vi)
3.4 List of Trademarks Used by the Company
1. “Big Stage”
2. “@ctor” (Abandoned)
PDF’s of each from the USPTO available upon request.
3.6 List of Material Contracts
Jonathan
| (i) | Include any Contract providing for payment by or to the Company of an amount in excess of $5,000. |
See the list below of past contracts in excess of 5k. Physical contracts are ready for transfer to Image Metrics.
1.1 Ratio | 7,400.00 |
2 Advanced Studios, LLC | 12,000.00 |
3DSite | 186,000.00 |
Adam G. Freeman | 13,301.20 |
Adam Li | 43,000.00 |
Alive Tech | 185,000.00 |
Amit K. Roy-Chowdhury | 14,250.00 |
Anithing Studios Pvt. Ltd. | 7,957.00 |
Anustup Choudhury | 42,000.00 |
Arconyx Animation Studios, LLC | 196,248.13 |
Ari Michelson | 22,751.14 |
Bender/Helper Impact | 56,520.66 |
Byung Gun Jung | 20,845.00 |
Carl Bressler | 35,891.47 |
Carol Mell | 38,037.50 |
CitrusByte, LLC | 8,800.00 |
Coreobjects Software, Inc. | 1,118,402.00 |
CyberCoders, Inc. | 24,000.00 |
Faction, Inc | 16,800.00 |
Feeling Software | 264,500.00 |
Fleishman Hillard | 152,500.99 |
Geometrix Corporation | 17,600.00 |
Gerard Medioni | 34,000.00 |
High Resolution Studio, Inc. | 6,820.00 |
Hookipa Capital Partners, Inc. | 45,000.00 |
iBeta Quality Assurance | 55,029.01 |
Inspired Arts & Media, LLC | 20,890.00 |
Jim Jonassen | 60,133.00 |
John J. Hill Design | 23,760.00 |
John Lewis | 10,009.00 |
Kevin Strehlo | 20,430.00 |
Mandalan Media, Inc. | 68,040.00 |
Masternull LLC | 17,717.71 |
Michael Roberts | 8,872.50 |
Neohapsis Inc. | 10,000.00 |
OnTrack Applications LLC | 82,881.25 |
Pantek Partners LLC | 74,683.13 |
Pepcom Inc. | 5,700.00 |
Reburst Studios LLC | 9,334.20 |
Redeye Filmworks | 20,000.00 |
Sean Mosher-Smith | 31,000.00 |
Siegel & Gale | 43,478.08 |
SimGraphics Engineering Corp | 36,550.00 |
Solo Products LLC | 8,850.00 |
Spark Unlimited, Inc. | 22,323.14 |
Stephen Fedasz IV | 5,175.00 |
Tae Joon Park | 9,779.00 |
Tae-Yong Kim | 53,925.00 |
The Buddy Group | 85,350.00 |
Tigar Hare Studios | 30,500.00 |
Timan LLC | 8,000.00 |
Trotta Associates | 15,344.00 |
VYK Global, Inc. | 48,063.17 |
William Sager | 20,225.44 |
| (ii) | Include any Contract concerning confidentiality, ownership of ideas or inventions, works-for-hire, non-disclosure or non-competition. |
NDA’s
2005
Name | Company | Date |
Manuel Sweetmore | Individual | 12/12/05 |
2006
Name | Company | Date |
Elliot Reff | 10/9/06 | |
John Lewis | Sep-06 | |
James Cassparie | 4/10/06 | |
Douglas A. Fidalco | 10/11/06 | |
Isaac Maya | 11/30/06 | |
Jack Miller | 5/12/06 | |
Gerard Medioni | 12/20/06 | |
Christian Laforte | Felling Software Inc. | 9/22/06 |
Robert F. Kibble | Misiion Ventures | 12/27/06 |
2007
Name | Company | Date |
Wayne Creel | Individual | 2/23/07 |
Gail Becker | Daviel J. Edelman Inc. | 8/10/07 |
Crispin Porter & Bogusky LLC | 8/28/07 |
Stephen Fedasz | 3/13/07 | |
Tarrun R. Agarwal | Rastaru Studio Limited | 3/18/08 |
Jonathan Harris | 11/26/07 | |
Nisa Amoils | 11/25/07 | |
Kara G. Kenney | 11/26/07 | |
Bethnam Karbassi | 12/6/07 | |
Jenn Hertzig | 11/6/07 | |
Carl Frytz | 10/23/07 | |
Mark Vulcano | 10/24/07 | |
Daniele Colajacomo | 3D site | 4/2/07 |
Michelle Crames | Lean Forward Media | 5/18/07 |
Super 78 | 7/12/07 | |
Jeff Gorman | VIDiGREET Inc. | 12/27/07 |
Jerry Rees | Third Row Prod. Inc. | 8/3/07 |
Ricardo Curtis | 6/28/07 | |
GHOSTBOT | 5/23/07 | |
Renegade Animation Inc. | 5/23/07 | |
Brendan Burch | Six Point Harness | 5/25/07 |
Marcom: Interactive | 5/24/07 | |
Tantrum | 5/31/07 | |
Soo Mi Kim | Morph Studio LLC. | 6/13/07 |
Michael Tigar | Tigar Hare Studios | 6/21/07 |
Richard Leiberitz | Union Entertainment | 6/20/07 |
Benjamin Lee | Nanospore LLC. | 6/28/07 |
Super 78 | 6/8/07 | |
Peter Luong | Red Eye Filmworks LLC. | 5/31/07 |
Sue Shakespear | Creative Capers Entertainment | 5/30/07 |
Thought Equity Motion | 10/18/07 | |
Cynthia Francis | Reality Digital Inc. | 3/27/07 |
Philip DeBevoise | Machinima, Inc. | 4/20/07 |
Jeff .E. Pietrzyk | 4/20/07 | |
Richard W. Bowman | Debt Advisors Group, Inc. | 3/2/07 |
Koichi Ohmae | OMRON Corp. | 3/3/07 |
Daryl Pitts | JGI Entertainment | 4/24/07 |
Eugene J. Alexander | MamoCa | 4/20/07 |
Senn Moses | 4/5/07 | |
Julie Schienfeld | 4/6/07 | |
Angela | 4/3/07 | |
Sam | Hercules Growth | 3/28/07 |
Dani Rosen | 3/29/07 | |
Western Tech. Investment | 3/28/07 | |
Brian Nilles | 11/12/07 | |
Virtual Heroes Inc. | 11/29/07 | |
Sean Mosher Smith | 11/15/07 | |
John J. Hill | 11/14/07 |
Kennt Roy | Arconyx | 11/5/07 |
Jacob Bergman | 11/5/07 | |
Foundation 9 | 9/21/07 | |
Brad Smith | 9/10/07 | |
Alina Smith | 9/10/07 | |
David Granbert | 9/10/07 | |
Daniel J. Edelman inc. | 8/16/07 | |
Rainmaker Studios | 5/31/07 | |
Chris Mollo | Happy Hour Creative | 8/9/07 |
Bruce David Eisen | Digital Advisors | 8/15/07 |
Whitney Rosenthal | 7/31/07 | |
Spark PR | 8/15/07 | |
Rupert Samuel | Goodness Mfg. LLC. | 8/21/07 |
Fleishman - Hillard | 8/21/07 | |
5W PR | 8/10/07 | |
Steven Shimek | Ruder Finn | 8/15/07 |
Shannon McPhee | Bender/Helper Impact | 8/10/07 |
New York | 8/15/07 | |
Launch Squad LLc | 8/14/07 | |
Alyssa Walles | 6/20/07 | |
Machine Films Inc. | 7/24/07 | |
S. Chung | Chung & Associates LLC | 7/24/07 |
John Batter | 7/13/07 | |
Scott Ross | 7/12/07 | |
Jim Bixell | 6/28/07 | |
Charlie Puzzo | 6/21/07 | |
Andy Suriano | 6/13/07 | |
James Jones | 6/3/07 | |
William Widmaier | 6/6/07 | |
Korn Farry | 6/1/07 | |
James J. Jonassen | Jim Jonassen & Associates | 6/4/07 |
Seteven Stamstad | 5/30/07 | |
Amit K. Roy - Choudhury | 5/23/07 | |
Bayard Saunders | 5/23/07 | |
Thomas Lucas | 5/24/07 | |
Jonas Gray | 5/28/07 | |
David Tetreault | 5/28/07 | |
Niko Meulemans | 5/29/07 | |
Michael Stern | 5/21/07 | |
Thomas Clancy & Trevor Chong | DISS Corp | 5/9/07 |
Blair Harrison | 5/9/07 | |
Joey Jones | Shaded Box | 10/1/07 |
Mike Frantuta | 10/1/07 | |
Rudy Wisaya | 10/1/07 | |
Se Ah Son | 10/1/07 | |
Jason Du | Shacked Box | 10/1/07 |
Jonathan Scott | Shacked Box | 10/1/07 |
Frank Titan | Shacked Box | 10/1/07 |
James | 10/18/07 | |
The Regan Group | 9/14/07 | |
Laurence Bracco | 5/4/07 | |
Kew Silverman | 2/20/07 | |
William J. Phillips | 3/2/07 | |
Bolan Jiang | 2/19/07 | |
Amanda Kelso | BBH | 9/28/07 |
Kevin Erler | Automatic Sync Tech. LLC | 9/14/07 |
Christine Bullod | The Marketing Store | 9/17/07 |
Juan Silva | 9/18/07 | |
Crispin Porter & Bogusky LLC. | 8/28/07 | |
Jonathan K. | Auryn Inc. | 2/21/07 |
Michael Helfant | 5/16/07 | |
Wayne Creel | 2/23/07 | |
Thomas Kang | 3/22/07 | |
Jordan Johnson | 3/14/07 | |
Marshall Robin | 3/20/07 | |
George Riviere | 3/12/07 | |
Blake Senftner | 1/25/07 | |
Slan Lin | 1/19/07 | |
Neohapsis Inc. | 12/5/07 | |
Michael W. Mattox | Clone Interactive NDA | 3/8/07 |
Jim Moloshok | 10/2/07 | |
Deane Trotta | Trotta Associates | 11/2/07 |
Patrick O'Brien | Davie Brown Entertainment | 9/10/07 |
Signal Theory LLC. | 11/9/07 | |
Equity Marketing | 11/5/07 | |
OMD | 11/9/07 | |
Jeremy Mccassy | Oakley | 10/25/07 |
Jerry Hereg | Virtual Heroes Inc. | 11/29/07 |
Wenden Baldwin | 11/21/07 | |
Joshua Delaney | 11/16/07 | |
Paul Hopkins | 11/16/07 | |
VYK Global Inc. | 10/23/07 | |
Thought Equity Motion | 11/5/07 | |
D. P. | Realviz S.A. | 11/2/07 |
Koreyba Oleg | 10/18/07 | |
Affliction | 10/19/07 | |
CREATA (USA) Inc. | 10/11/07 | |
J. Ronald Tonini | Picture Marketing Inc. | 10/5/07 |
K.K. | Drody FCB | 10/8/07 |
Euro RSGG | 9/25/07 | |
Digitas LLC | 9/25/07 | |
Derek Quan | Maxx Marketing | 9/25/07 |
Wunderman Chicago | 9/26/07 | |
TLP Inc. | 9/27/07 | |
Digitas LLC. | 9/26/07 | |
David Rubin | CONOPCO Inc. | 9/25/07 |
Maria | OgilvyOne | 9/28/07 |
Jacob Septims | 9/28/07 | |
Michael Dubelko | 10/2/07 | |
P.E. | 10/3/07 | |
silverstein Thomas R. Associate | 10/17/07 | |
Avi Bar-Zeev | 10/12/07 | |
Steve Clarke | 9/27/07 | |
Robert Nashak | Yahoo Games Inc. | 9/25/07 |
AF Double Eagle | 7/27/07 | |
Daniel Chisholm | 7/31/07 | |
Michael Quirez | 7/23/07 | |
Kelly | Proelite.com | 8/7/07 |
Patricia Beckman - Wells | 7/16/07 | |
Jeffrey Gou | Sofa Studio | 7/19/07 |
Anthony Novak | 2Advanced Studios LLC. | 6/7/07 |
Antony P. Novak | Clone Interactive | 1/12/07 |
Damon R. | Entertainment Science | 11/28/07 |
Todd M. Nisbet | 12/12/07 | |
Sean Mosher | 12/1/07 | |
Howard Spectan | 12/27/07 | |
G.S. | 5/29/07 |
2008
Name | Company | Date |
Roger Servick | Oblagon, Inc. | 6/24/08 |
Christopher Villanueva | 7/11/08 | |
Lan Hai Wen | Ultizen Games | 7/15/08 |
Shanghai ArtCoding Software Co. Ltd. | 7/15/08 | |
Mary E. Snapp | Microsoft | 6/18/08 |
Ryan Steelberg | Brand Affinity Technologies | 5/30/08 |
Lifetime Entertainment | 1/18/08 | |
Carol A. Seelig | CFA Newco LLC | 5/6/08 |
Riot Games, Inc. | ||
Gregory Nicholas | 9/22/08 | |
Photon Info Tech Ltd. | 9/19/08 | |
Veena Paratap | AniThing Studios | 8/30/08 |
Crile Carvey Jr. | 10/15/08 | |
Absolute Quality | 11/13/08 | |
Kevin Kent | Inspired Arts and Media, LLC | 10/8/08 |
Lee Jacobsen | Midway Home Entertainment, Inc. | 9/24/08 |
Adam Freeman | 2/25/08 |
Ashish Mittal | Skywork Studios, Inc. | 5/22/08 |
Mike Pryor | Airbrain Digital | 5/22/08 |
Dhilip Kumar | 5/22/08 | |
Reburst Studios LLC | 6/5/08 | |
Toonz Animation India Pvt Ltd. | 5/22/08 | |
Scott Robinson | Freshform Interactive | 6/5/08 |
LaLa Ghukasyan | 6/13/08 | |
Dennis Loo | 4/9/08 | |
Stephen Gray | Gray & Yorg LLC.` | 5/2/08 |
Marlo Carruth | Buena Vista Home Entertainment | 3/3/08 |
Scott Birnbaum | Samsung Semiconductor Inc. | 8/13/08 |
Ryan Martin-Patterson | 6/9/08 | |
Sian Ankhasirisian | Look Look | 1/2/08 |
Pete Deutschman | The Buddy Group | 1/3/08 |
Rock River Communications | 2/4/08 | |
Alex Paoli | 12/17/08 | |
Floodgate Entertainment | 6/19/08 | |
Andrew | Seed Com Advertising | 4/10/08 |
Gill Champion | POW Entertainment | 4/11/08 |
Intellitar | 3/9/08 | |
Tim Jones | Animax Interactive, LLC | 7/24/08 |
Judah Graham | Icarus Studios | 7/22/08 |
2009
Name | Company | Date |
John Lawrie | 3/4/09 | |
David M. Hersey | Paracoders | 3/6/09 |
Amanda Austin | Relic | 3/5/09 |
Katawei (CEO / Chairman) | Konami Digital Entertainment, Inc. | 9/21/09 |
Nicholas Herring | Atlantis Cyberspace Inc. | 7/24/09 |
Genesys Telecom Labs Inc. | 3/26/09 | |
Calvin Ng | iLemon | 7/7/09 |
Brian Waddle | Image Metrics |
2010
Name | Company | Date |
Dave M. Hersey | Paracoders Inc. | 1/12/10 |
Peter Lee | Shanghai FanTian Technology Col, Ltd. | 3/1/10 |
Jeff Tillis | Neurologic Vr, LLC | 3/4/10 |
Rich Cormier | Ribbij Investments | 2/25/10 |
Steven Oleary | Aellipsys Holdings, Inc. | 2/25/10 |
| (iii) | Include any Contract with any current or former shareholder, director, manager of employee of or consultant to the Company. |
Name | Date | |
USC | 2/9/07 | |
Disney | 9/24/07 |
| (iv) | Include any Contract with any distributor of products or services of the Company. |
Name | Date | |
Media Mayhem | 9/10/09 | |
ACI | 8/16/09 | |
TVN | 5/30/10 | |
Virtual Space Entertainment | 11/15/09 |
| (v) | Include any lease or sublease of real property. |
NONE
| (vi) | Copies of the disclosed Contracts need to be delivered to the Buyer. |
All Physical Copies available and ready for transfer from our storage facility to Image Metrics.
3.6(b) List of Consents Required for Assignment of Contracts
None
3.7 Standard Product and Service Warranty Terms
None
3.8 Litigation
NONE
| (i) | List any unsatisfied judgment, order, decree, stipulation or injunction to which the Company is a party or is subject. |
NONE
| (ii) | List any litigation, suit, action, investigation or proceeding to which the Company is a party or is subject. |
NONE
| (iii) | List any litigation, suit, action, investigation or proceeding threatened against the Company of which there is knowledge. |
NONE
| (iv) | List any notice of violation, formal administrative proceeding, investigation, inquiry o r information request by any Governmental Authority received by the Company or to which it is subject. |
NONE
3.11 Employees and Consultants
| (i) | List all present employees of the Company and their job titles and salaries. |
NONE since September 30th, 2010
| (ii) | Attach copies of such employee’s standard confidentiality or similar agreement. |
NONE currently. All old agreements for all employees are in physical form and in storage and are available upon request.
| (iii) | List all independent contractors who have provided services to the Company since January 1, 2007. |
BIG STAGE ENTERTAINMENT, INC |
List all independent contractors who have provided services to the Company since January 1, 2007. |
Name |
1.1 Ratio |
2 Advanced Studios, LLC |
3DSite |
9K9 |
Absolute Quality, Inc. |
Adam G. Freeman |
Adam Li |
Alive Tech |
Alvard Ghukasyan |
Amanda Wheatcroft |
Amit K. Roy-Chowdhury |
Anithing Studios Pvt. Ltd. |
Anustup Choudhury |
Anwar Madrigal |
Arconyx Animation Studios, LLC |
Ari Michelson |
Ash Kumra |
Bender/Helper Impact |
Bolan Jiang |
Byung Gun Jung |
Carl Bressler |
Carol Mell |
Charles Bracca |
Christina Lopriore |
CitrusByte, LLC |
Coreobjects Software, Inc. |
Courtney Hoffman |
Craigslist Contractors (40) |
Creative Capers Entertainment, Inc. |
Crile Carvey, Jr |
CyberCoders, Inc. |
David Forth |
Digital Empathy LLC |
Dhillip Kumar |
e4e Business Solutions, LLC |
Epicenter Digital |
Eric Gustovson |
Evan Heymann |
Faction, Inc |
Feeling Software |
Fleishman Hillard |
FreshForm Interactive |
Geometrix Corporation |
Gerard Medioni |
Globalign, Inc. |
Gray & Yorg LLC |
Gregory Nicholas |
Griffin Technology |
Hannah Jacobs |
Harish Rao |
Haven Interactive |
High Resolution Studio, Inc. |
Hookipa Capital Partners, Inc. |
iBeta Quality Assurance |
iCann Partnership |
ICUC Moderation Services Inc. |
Image Metrics, Inc. |
Inspired Arts & Media, LLC |
James Brennan |
Jenn Hertzig |
Jeremy Gocke |
Jim Jonassen |
John J. Hill Design |
John Lawrie |
John Lewis |
Jimmy Palmiotti |
John Solomon |
Kevin Strehlo |
Kim Giancaterino |
Lale Arpaci |
Larry Drolet |
Mandalan Media, Inc. |
Mark Stutz |
Marlon Clark |
Masternull LLC |
Matthew Pearl |
Michael Roberts |
Michael Stern |
Neohapsis Inc. |
OnTrack Applications LLC |
Pantek Partners LLC |
Paracoders, Inc. |
Pepcom Inc. |
Pixologic, Inc. |
Prime Casting |
RajTaru Studios Ltd |
Reburst Studios LLC |
Redeye Filmworks |
Ren Fang |
Rhett Fahrney |
Ryan Dean |
Ryan Martin Patterson |
Ryan Yoshida |
Sean Mosher-Smith |
Shelby Erickson |
Siegel & Gale |
Silverpop Systems Inc. |
SimGraphics Engineering Corp |
Skywork Studios Inc. |
Solo Products LLC |
Spark Unlimited, Inc. |
Stephen Fedasz IV |
Stewart Bonn |
Tae Joon Park |
Tae-Yong Kim |
The Buddy Group |
Tigar Hare Studios |
Timan LLC |
Trotta Associates |
Ultizen Games Limited |
VYK Global, Inc. |
Wil Panganiban |
William Phillips |
William Sager |
3.12 Consents
List all consents, orders, waivers, approvals, permists of authorization of, or declarations, filings or registrations with any Governmental Authority required to be obtained by the Company in order to consummate the Transaction.
NONE
3.14 Accounts Receivable
| (i) | List all account debtors or note debtors delinquent in their payments by more than 15 days. |
BIG STAGE ENTERTAINMENT, INC | ||||||||
LIST OF ACCOUNTS AND NOTES RECEIVABLE | ||||||||
> 90 | TOTAL | |||||||
Atlantis Cyberspace, Inc. | 5,000.00 | 5,000.00 | ||||||
Media Mayhem Corporation | 38,000.00 | 38,000.00 | ||||||
The Marketing Store Worldwide Ltd | 11,437.50 | 11,437.50 | ||||||
TOTAL | 54,437.50 | 54,437.50 |
| (ii) | List all account debtors or note debtors who have refused or threatened to refuse to pay their obligations for any reason. |
NONE
| (iii) | List all account debtors or note debtors who are insolvent or bankrupt. |
NONE
| (iv) | List all accounts receivable or notes receivable that have been pledged to any third party by the Company. |
NONE
3.17 List of Employee Benefit Plans
Also list any contributions or payments that have accrued under each listed Plan but are not yet due.
NONE 401k Retirement Plan in Process of Termination