Super-Scripty!

Nice lunch today with Veronica Lupu and Joe Cirillo near the Kaufman Astoria Studios. Veronica is a much-in-demand script supervisor who has worked with many top directors….and she is part of Team Megaball$ !  Veronica will look over the screenplay to see if her experienced eyes see any issues, then she’s off to do another film with director Ira Sachs. Excited to have her in our project and looking forward to working...

It’s not all fiction!

Those who have read the script for MegaBall$ often point out the suspension of belief needed to accept that there could be a possible mathematical solution to predicting lottery numbers. After all, numbers are randomly drawn. The odds of picking all 6 of the Powerball numbers are i in 292,201,338. You have better chance of being killed on the way to purchasing the ticket. Richard Lustig, who was going to make a cameo in our film but recently passed away, won seven grand prizes. However, there have been two documented cases were algorithms have done very well! One was a case where a group of MIT students gamed the system in Massachusetts in 2005, winning millions. They found a flaw in the state run game called “Cash WinFall.” They won millions, and it led to the state to changing the game. Read more HERE, HERE and HERE. More recently, Stefan Mandel, a Romanian-born Australian mathematician/economist, defied the 1 in 14 million odds and won 12 major wins. READ MORE. So the concept is not totally impossible, and there is a grain of truth to what our inept would-be heroes attempt in MegaBall$. Hey, you never know when your number’s...

Sect 181 Grandfathered

MegaBall$ is Section 181 Grandfathered The federal film tax incentive known as Section 181 expired December 31st, 2016. The incentive allows film investors to minimize their risk by deducting their investment against passive income as soon as spending begins (capitalization of the offering). A bill has been introduced to once again renew but, based on past renewals – and considering how slow Washington moves, and a new administration – we can anticipate many months will pass before the bill comes to a vote; and who knows if it will pass. We can be sure there will be a gap until such time 181 renews where investors cannot deduct their investment as per the incentive. We at Oroloro Entertainment are happy to report that our comedy feature film MegaBall$ has been grandfathered in, and the tax benefit for investors did not expire, but remains with our project. This gives us a very specific advantage over other films not covered by 181, making our project more attractive to prospective investors. Combining the benefits of 181 and state/local incentives, investors can see a substantial reduction in the financial risks of film investment. For more information on how Sect. 181 can benefit you check with your tax advisor – or, if you wish, send us an email and we will connect you with our lawyer (who was very involved in the drafting of Sect. 181). You may also ‘Google’ “Section 181” to see many legal opinions of the...

Lin Tucci loves MegaBall$

We’re very excited to welcome Lin Tucci to our MegaBall$ support team. Lin is a 2015 SAG Award winning actress best known as Anita DeMarco, a series regular on the hit Netflix series, Orange is the New Black (OITNB) We had the pleasure of first meeting Lin during a SAG-AFTRA event in New York and immediately hit it off, joking and talking about … salami! She is a joy, very funny and endearing. Lin agreed to read MegaBall$ but warned that it may take some time because she is shooting OITNB, but in a very short time responded, “Bravo, what a great script!…Sooo many things resonate for me….Your characters and storyline are rich in content….Fun and fast!…Your devotion to detail is profoundly admirable” We agree with Lin, that the role of Rosa and Lin is a perfect fit, “fun, and would be a blast to create.” Visit Lin’s web site HERE And her IMDB page HERE. #LinTucci #OITNB...

Corky Kessler – Deutsch, Levy & Engel Honored

Our new lawyer and co-executive producer, Hal “Corky” Kessler and his law firm, Deutsch, Levy & Engel, were honored as Best Entertainment Attorney. The Middle Market Monthly has chosen Deutsch, Levy and Engel as the 2016 Business Elite Awards’ Best Entertainment Law Attorney – USA. The Middle Market Monthly will produce the 2016 Business Elite award winner’s magazine, which will be digitally distributed to their subscriber base of 60,000 business professionals worldwide. That, along with the winner’s directory, will be live on their web site for 12 months. Corky is considered one of the leading experts on the Federal Film Tax Incentive known as Sect. 181., and has been involved in the development and production of more than sixteen films, with six more in the works (including MegaBall$). We’re very excited about having Corky part of our award-winning production...