{"id":44,"date":"2026-03-29T07:54:18","date_gmt":"2026-03-29T07:54:18","guid":{"rendered":"https:\/\/filmbite.tv\/?page_id=44"},"modified":"2026-03-29T19:47:26","modified_gmt":"2026-03-29T19:47:26","slug":"legal-notice-risk-disclosure-investor-payback","status":"publish","type":"page","link":"https:\/\/filmbite.tv\/index.php\/legal-notice-risk-disclosure-investor-payback\/","title":{"rendered":"Legal Notice, Risk Disclosure & Investor Payback"},"content":{"rendered":"\r\n

LEGAL NOTICE, RISK DISCLOSURE & INVESTOR PAYBACK TERMS<\/strong><\/h2>\r\n\r\n\r\n\r\n

Film Bite, Inc.
1332 Hermosa Avenue, Suite 14
Hermosa Beach, CA 90254<\/p>\r\n\r\n\r\n

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1. General Notice<\/strong><\/h2>\r\n\r\n\r\n\r\n

This document has been prepared by Film Bite, Inc. (the \u201cCompany\u201d) for informational purposes only and does not constitute an offer to sell or a solicitation of an offer to buy any securities except as may be set forth in the Fund\u2019s formal offering documents, including its Private Placement Memorandum (\u201cPPM\u201d), Operating Agreement, and Subscription Agreement.<\/p>\r\n\r\n\r\n\r\n

Any investment in the Company may only be made pursuant to such definitive documents and in accordance with applicable securities laws. This document is qualified in its entirety by reference to those materials.<\/p>\r\n\r\n\r\n

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2. Nature of Investments<\/strong><\/h2>\r\n\r\n\r\n\r\n

The Fund invests in film, television, sports, and media-related projects, assets, and ventures. These investments are speculative, illiquid, and subject to a high degree of risk. Revenue generation in these sectors is often uncertain, delayed, and dependent on numerous external factors including market demand, distribution success, audience reception, talent performance, and broader economic conditions.<\/p>\r\n\r\n\r\n

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3. Risk Disclosure<\/strong><\/h2>\r\n\r\n\r\n\r\n

By investing in the Fund, each investor acknowledges, understands, and accepts the following risks, among others:<\/p>\r\n\r\n\r\n\r\n

(a) Loss of Capital<\/strong><\/h3>\r\n\r\n\r\n\r\n

An investment in the Fund involves a high degree of risk, including the possible loss of the investor\u2019s entire investment.<\/p>\r\n\r\n\r\n\r\n

(b) Illiquidity<\/strong><\/h3>\r\n\r\n\r\n\r\n

Interests in the Fund are illiquid and subject to restrictions on transfer. There is no public market for such interests, and none is expected to develop.<\/p>\r\n\r\n\r\n\r\n

(c) Unpredictable Revenue Streams<\/strong><\/h3>\r\n\r\n\r\n\r\n

Film, sports, and media investments often produce\u00a0irregular and non-linear cash flows<\/strong>, with revenues dependent on distribution cycles, licensing arrangements, and performance outcomes.<\/p>\r\n\r\n\r\n\r\n

(d) Market and Industry Risk<\/strong><\/h3>\r\n\r\n\r\n\r\n

The entertainment and sports industries are highly competitive and subject to rapid changes in consumer preferences, technological disruption, and evolving distribution models.<\/p>\r\n\r\n\r\n\r\n

(e) Project-Specific Risk<\/strong><\/h3>\r\n\r\n\r\n\r\n

Individual projects may fail to achieve commercial success due to creative, operational, financial, or market-related factors.<\/p>\r\n\r\n\r\n\r\n

(f) Key Personnel Risk<\/strong><\/h3>\r\n\r\n\r\n\r\n

The success of the Fund may depend on the continued involvement of its management and key creative and business partners.<\/p>\r\n\r\n\r\n\r\n

(g) Regulatory and Legal Risk<\/strong><\/h3>\r\n\r\n\r\n\r\n

The Fund and its investments are subject to applicable laws and regulations, including securities laws, intellectual property laws, and industry-specific regulations.<\/p>\r\n\r\n\r\n

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4. Investor Payback Terms<\/strong><\/h2>\r\n\r\n\r\n\r\n

4.1 Distribution Policy<\/strong><\/h3>\r\n\r\n\r\n\r\n

Film Bite, Inc. intends to make annual cash distributions to its investors, subject to the availability of distributable proceeds from the Company’s investments in vertical projects in the following areas: funds will be utilized to develop, secure, and produce, distribute and or market vertical films, feature films, television, web series, streaming, podcasts, music, concert tours, comedy tours, albums, soundtracks, music festivals, film festivals, sponsorships, joint ventures, virtual reality, augmented reality, AI-produced content, FAST channels, streaming channels, books, publishing, animation, motion picture development, motion picture production, motion picture distribution, motion picture marketing and advertising, content for OTT platforms, the acquisition of broadcast stations, including television, radio, digital, and OTA stations, the acquisitions of broadcast and streaming rights to sporting events, the productions of sports events and or any sports content, the purchase, wholly or in part, of professional and or amateur sports franchises or leagues, company overhead, and any related expenses, real estate, and any technology not listed above, including advancements and discoveries yet to be invented.<\/p>\r\n\r\n\r\n\r\n

Distributions, if any, will be made from net revenues, including but not limited to:<\/p>\r\n\r\n\r\n\r\n

    \r\n
  • Production and distribution proceeds<\/li>\r\n\r\n\r\n\r\n
  • Licensing and syndication revenues<\/li>\r\n\r\n\r\n\r\n
  • Sponsorship and endorsement income<\/li>\r\n\r\n\r\n\r\n
  • Equity sale or disposition of assets<\/li>\r\n\r\n\r\n\r\n
  • Ancillary and derivative revenue streams<\/li>\r\n<\/ul>\r\n\r\n\r\n\r\n

    All distributions shall be made\u00a0pro rata in accordance with each investor\u2019s ownership interest<\/strong> in the Company, unless otherwise specified in the Company’s governing documents.<\/p>\r\n\r\n\r\n

    \r\n\r\n\r\n

    4.2 Discretionary Interim Distributions<\/strong><\/h3>\r\n\r\n\r\n\r\n

    Notwithstanding the foregoing, the Company reserves the right, in its sole and absolute discretion<\/strong>, to make\u00a0semi-annual or quarterly distributions<\/strong>\u00a0to investors.<\/p>\r\n\r\n\r\n\r\n

    Such interim distributions may be issued when:<\/p>\r\n\r\n\r\n\r\n

      \r\n
    • Sufficient liquidity exists<\/li>\r\n\r\n\r\n\r\n
    • Revenue events occur (e.g., project sales, licensing deals, exits)<\/li>\r\n\r\n\r\n\r\n
    • The Company determines that earlier distribution is prudent and in the best interest of investors<\/li>\r\n<\/ul>\r\n\r\n\r\n\r\n

      The timing, amount, and frequency of all distributions shall be determined exclusively by the Fund\u2019s management.<\/p>\r\n\r\n\r\n

      \r\n\r\n\r\n

      4.3 Reporting to Investors<\/strong><\/h3>\r\n\r\n\r\n\r\n

      The Company will provide investors with annual progress reports<\/strong>, which will include, where applicable:<\/p>\r\n\r\n\r\n\r\n

        \r\n
      • Portfolio performance updates<\/li>\r\n\r\n\r\n\r\n
      • Status of film, sports, and media projects<\/li>\r\n\r\n\r\n\r\n
      • Revenue summaries and distribution breakdowns<\/li>\r\n\r\n\r\n\r\n
      • Market and industry insights<\/li>\r\n\r\n\r\n\r\n
      • Forward-looking strategy updates<\/li>\r\n<\/ul>\r\n\r\n\r\n\r\n

        The Company reserves the right<\/strong>, at its sole discretion, to provide\u00a0semi-annual or quarterly reports<\/strong>\u00a0in lieu of or in addition to annual reports.<\/p>\r\n\r\n\r\n\r\n\r\n

        \r\n\r\n\r\n

        4.4 No Guaranteed Returns<\/strong><\/h3>\r\n\r\n\r\n\r\n

        Investors acknowledge that:<\/p>\r\n\r\n\r\n\r\n

          \r\n
        • Distributions are\u00a0not guaranteed<\/strong><\/li>\r\n\r\n\r\n\r\n
        • Payment timing is dependent on the performance and liquidity of underlying investments<\/li>\r\n\r\n\r\n\r\n
        • Film, sports, and media investments are\u00a0inherently speculative<\/strong>, with uneven cash flow cycles and uncertain revenue timing<\/li>\r\n<\/ul>\r\n\r\n\r\n\r\n

          The Company shall have no obligation to make distributions<\/strong>\u00a0except from legally available funds and at its discretion.<\/p>\r\n\r\n\r\n

          \r\n\r\n\r\n

          4.5 Reinvestment Rights<\/strong><\/h3>\r\n\r\n\r\n\r\n

          The Company reserves the right to:<\/p>\r\n\r\n\r\n\r\n

            \r\n
          • Retain and reinvest proceeds for portfolio growth<\/li>\r\n\r\n\r\n\r\n
          • Allocate capital toward follow-on investments or new opportunities<\/li>\r\n\r\n\r\n\r\n
          • Delay distributions if deemed beneficial to maximize long-term investor returns<\/li>\r\n<\/ul>\r\n\r\n\r\n
            \r\n\r\n\r\n

            4.6 Tax Considerations<\/strong><\/h3>\r\n\r\n\r\n\r\n

            Investors are responsible for their own tax liabilities arising from Fund distributions. The Company will provide appropriate tax documentation (including Schedule K-1) annually, in accordance with applicable laws.<\/p>\r\n\r\n\r\n

            \r\n\r\n\r\n

            4.7 Limitations and Discretion<\/strong><\/h3>\r\n\r\n\r\n\r\n

            All decisions regarding:<\/p>\r\n\r\n\r\n\r\n

              \r\n
            • Timing of distributions<\/li>\r\n\r\n\r\n\r\n
            • Amount of distributions<\/li>\r\n\r\n\r\n\r\n
            • Retention vs. payout of proceeds<\/li>\r\n<\/ul>\r\n\r\n\r\n\r\n

              shall be made by the Company in its sole and absolute discretion<\/strong>, consistent with its fiduciary duties and governing documents.<\/p>\r\n\r\n\r\n

              \r\n\r\n\r\n

              5. Indemnification and Limitation of Liability<\/strong><\/h2>\r\n\r\n\r\n\r\n

              To the fullest extent permitted by law, the Company, its managers, members, officers, employees, agents, and affiliates shall not be liable<\/strong>\u00a0to any investor for any loss, damage, or claim arising out of or relating to:<\/p>\r\n\r\n\r\n\r\n

                \r\n
              • Investment performance or lack thereof<\/li>\r\n\r\n\r\n\r\n
              • Market conditions or industry downturns<\/li>\r\n\r\n\r\n\r\n
              • Failure of any underlying investment or project<\/li>\r\n\r\n\r\n\r\n
              • Actions taken in good faith within the scope of authority<\/li>\r\n<\/ul>\r\n\r\n\r\n\r\n

                Each investor agrees to\u00a0indemnify, defend, and hold harmless<\/strong> the Company and its affiliates from and against any and all claims, liabilities, damages, losses, costs, and expenses (including legal fees) arising out of:<\/p>\r\n\r\n\r\n\r\n

                  \r\n
                • The investor\u2019s breach of representations or agreements<\/li>\r\n\r\n\r\n\r\n
                • The investor\u2019s actions related to the Fund<\/li>\r\n\r\n\r\n\r\n
                • Any third-party claims arising from the investor\u2019s conduct<\/li>\r\n<\/ul>\r\n\r\n\r\n\r\n

                  This indemnification shall survive the termination of the investor\u2019s interest in the Company.<\/p>\r\n\r\n\r\n

                  \r\n\r\n\r\n

                  6. No Fiduciary Duty Beyond Governing Documents<\/strong><\/h2>\r\n\r\n\r\n\r\n

                  Except as expressly set forth in the Company’s Operating Agreement or required by applicable law, the Fund and its management shall not owe any fiduciary duties to investors, and any such duties may be limited or modified therein.<\/p>\r\n\r\n\r\n

                  \r\n\r\n\r\n

                  7. Forward-Looking Statements<\/strong><\/h2>\r\n\r\n\r\n\r\n

                  This document may contain forward-looking statements, projections, and expectations. Such statements are inherently uncertain and subject to change. Actual results may differ materially.<\/p>\r\n\r\n\r\n

                  \r\n\r\n\r\n

                  8. Amendments<\/strong><\/h2>\r\n\r\n\r\n\r\n

                  The Company reserves the right to amend, modify, or supplement this document at any time, subject to applicable law and the terms of its governing agreements.<\/p>\r\n\r\n\r\n

                  \r\n\r\n\r\n

                  9. Governing Law<\/strong><\/h2>\r\n\r\n\r\n\r\n

                  This document shall be governed by and construed in accordance with the laws of the State of California.<\/p>\r\n\r\n\r\n

                  \r\n\r\n\r\n

                  10. Acceptance<\/strong><\/h2>\r\n\r\n\r\n\r\n

                  By investing in Film Bite, Inc., each investor acknowledges that they have read, understood, and agreed to the terms set forth herein, including all risks, limitations, and conditions.<\/p>\r\n\r\n\r\n\r\n

                   <\/p>\r\n","protected":false},"excerpt":{"rendered":"

                  LEGAL NOTICE, RISK DISCLOSURE & INVESTOR PAYBACK TERMS Film Bite, Inc. 1332 Hermosa Avenue, Suite 14Hermosa Beach, CA 90254 1. General Notice This document has been prepared by Film Bite, Inc. (the \u201cCompany\u201d) for informational purposes only and does not constitute an offer to sell or a solicitation of an […]<\/p>\n","protected":false},"author":1,"featured_media":0,"parent":0,"menu_order":0,"comment_status":"closed","ping_status":"closed","template":"","meta":{"inspiro_page_layout":"narrow","inspiro_hide_title":false,"footnotes":""},"class_list":["post-44","page","type-page","status-publish","hentry"],"_links":{"self":[{"href":"https:\/\/filmbite.tv\/index.php\/wp-json\/wp\/v2\/pages\/44","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/filmbite.tv\/index.php\/wp-json\/wp\/v2\/pages"}],"about":[{"href":"https:\/\/filmbite.tv\/index.php\/wp-json\/wp\/v2\/types\/page"}],"author":[{"embeddable":true,"href":"https:\/\/filmbite.tv\/index.php\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/filmbite.tv\/index.php\/wp-json\/wp\/v2\/comments?post=44"}],"version-history":[{"count":3,"href":"https:\/\/filmbite.tv\/index.php\/wp-json\/wp\/v2\/pages\/44\/revisions"}],"predecessor-version":[{"id":187,"href":"https:\/\/filmbite.tv\/index.php\/wp-json\/wp\/v2\/pages\/44\/revisions\/187"}],"wp:attachment":[{"href":"https:\/\/filmbite.tv\/index.php\/wp-json\/wp\/v2\/media?parent=44"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}