Two Brothers Begin Fundraising for Virginia Theater Project

On the drawing board is an idea for the next generation of movie theaters. It is not being introduced by a motion picture company nor is it the brainchild of a major theater chain. It is quite simply a proposal for a theater to be opened up in Mechanicsville, VA, made by two local brothers. The one thing that is preventing the theater from being built is funding.

Tony and Scott Sager share a passion for theater. Their vision is to build a 10 theater multiplex that has the capability to accommodate standard film, DVD projects, corporate presentations, live theater, and concerts. Some of the proposed features for their theater concept include cell phone check-in, streamlined snack bar transactions, and no onscreen advertising.

A total investment amount of approximately $10 million is required to purchase everything outright and build the theater. One hundred thousand “virtual bonds” are being offered for sale to the public for $100 each and they have a maturity value of $200 minimum.

The bonds don’t have to be purchased right now. The brothers are just asking individuals that are interested in investing to send an email reserving the number of bonds they’d like to purchase (youare1inamillion@comcast.net). They will reserve the desired number of bonds in their database and inform all interested investors via email when they should proceed with the actual purchase.

There is a referral program set up to help quickly increase the maturity value of bonds. Donations of any amount are welcome as well and can be made through the Paypal link on their site. A complete list of features, referral information, and bond maturity details are available at http://www.youare1inamillion.com.

The deadline for bond reservation is December 31st, 2006. If the goal of $10 million is almost reached by then, the date could be pushed back to achieve it. The two brothers hope that people are willing to invest in their idea knowing that the return on investment has the potential of happening very quickly. It goes without saying that a single investor is welcome to purchase all remaining bonds and will be given a much higher rate of return for the sizable investment.

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