Studio Virtasia seeks to raise
42% share in VR Virtasia VIETNAM LLC
42% share in VR Virtasia CHINA LLC
from one or multiple investors or partner organizations. It is preferred that the investor or partner is based somewhere in China with knowledge of the Chinese government’s push to become a global leader within the VR industry as per the government’s national policy, “Virtual Reality and Industry Application Integration Development Action Plan (2022-2026),” and its “Catalogue of Encouraged Industries for Foreign Investment (2022 version)” where it is actively encouraging foreign VR companies to establish a presence in China.
US$100,000 of their investment will be utilized at VR Virtasia Vietnam to
purchase the latest RTX4090 rendering computers which will be required to produce the next thirty, eight minute, 360VR, 4K, 3D episodes of VR VIRTASIA, associated teasers and English tuition videos.
Establish a Motion Capture Studio
Employ VR Animators & Marketing Staff
US$80,000 of their investment will be utilized to
establish a VR Virtasia Representative Office in China which after 6 months will be upgraded to the VR Virtasia Chinese Studio,
Employ staff to market the Chinese language versions of all VR Virtasia’s videos to the Chinese public.
Translate the Virtasian Tales free online book and web site into Chinese. (www.vrvirtasia.com)
Prepare the Representative office to begin employing and training VR animators and establish the VR Virtasia Chinese Studio.
If the investor(s) are from China they will be presented with the opportunity to manage the Representative Office in China if they so desire.
For their US$180,000 investment, the investor(s) will gain a 40% stake holding in the to be newly established production & distribution company VR VIRTASIA LLC Vietnam, and the Chinese Representative Office which will quickly become VR Virtasia LLC China..
The first 6 episodes, along with all the development & production work needed for all the main characters and scenes have already been completed. These can be viewed within a short video by clicking here for the characters and here for the scenes, thus allowing any potential investor the opportunity to review each and every aspect of their investment into VR Virtasia. Studio Virtasia has also completed a first rough cut of episode 7, which is of course the first of the 360VR videos.
As stated above for their investment of just US$180,000 into the VR Virtasia LLC Studio in Vietnam, and Representative Office in China, VR Virtasia will complete production of
another 30, 8 minute episodes of VR Virtasia
more than 100, one minute 360 VR Virtasia teasers,
numerous educational and 360 VR cultural videos
all in the English, Chinese and Vietnamese languages, which together will total more than 700 minutes of 4K, 360VR 3D animated video. This equates to a contribution to the production cost, of just US$250/minute, much, much, lower than even the low end of the industry standard for 360, 4K VR, 3D Animated video production costs of US$10,000/minute.
Studio Virtasia has already invested considerable time and money into the production of VR Virtasia and has already completed the most time-consuming components of the production, which is the creation of the 3D characters and sets for the production which will all be vested into VR Virtasia LLC.
The VR Virtasia Studio will be able to produce 8 minutes of 3D animated 4K 360 VR Virtasia content per month, which is equivalent to one new episode per month. Hence VR Virtasia LLC will be capable of completing all 30 episodes, totalling 240 minutes of 4K 360 VR video, in less than 30 months. It will release at least one new episode each month, in English, Chinese and Vietnamese.
INCOME REVENUES STREAMS
After 3 years of operations VR Virtasia’s combined income streams from both VR Virtasia Vietnam & VR Virtasia China is conservatively estimated to be approximately US$200,000 per month or US$2,400,000 per year.
The income streams should double each year for at least the next two years, so producing an income stream of approximately US$10,000,000 per year after year 5.
Please see attached budget, or email Mr. Paul Phillips at firstname.lastname@example.org to receive our budget forecasts for both VR Virtasia Vietnam and China.
Of course, these are just conservative budgetary estimates. If the episodes of VR Virtasia or any of its English tuition or cultural videos goes viral the income stream could grow to be 10 or even 100 times our budget forecast.