Sponsor Opportunities for The Soul of Country Music Extravaganza
January 23, 2008
The Soul of Country Music Extravaganza will take place in June, 2008. It’ll by a spectacular musical event, designed to pay tribute to the late, great Ray Charles, among others. Some of the greatest names in country music, as well as new voices, will perform live at this special Country Soul Music extravaganza.
A veritable Who’s Who of the music industry will be invited to this Los Angeles area, California event. We’re expecting between 700 to 2,000 attendees. The nationwide broadcast will take place in June, 2008 for Black History Month. As we seek the best broadcast home for this very dynamic, music special, we anticipate a great viewing audience, as well as support from all areas of entertainment. We’ll utilize the latest internet/broadband technology, giving us the ability to air this wonderful music special world wide via the internet.
Country music lovers can go to our interactive website and vote for their favorite new artist, as well as purchase and download music. We’ll even have a contest where unsigned country soul artists can submit their best songs! A week before taping of the Soul of Country Music Extravaganza, we’ll announce the winner of the “Soul of Country Music Contest.” The winner and a guest will be flown to Los Angeles for an opportunity to perform their winning song to a nationwide audience.
We’ll also work closely with the city of Los Angeles, the Chamber of Commerce, the So Cal Tourism Board and all media outlets to insure the event’s success. We want to benefit this region and its residents. We plan on creating an educational bridge with the San Bernadino School District. 200 of its youth will be invited to attend the Soul of Country Music Extravaganza. This will expose them to a genre of music they’re probably unfamiliar with. They’ll have an opportunity to meet some of the honorees who contribute to a brand of music that’s loved worldwide. Interviews and historical clips will be broadcast throughout the show to give the youth in attendance and those viewing at home, an opportunity to be educated while experiencing a whole new genre of music.
Celebrities invited (but not confirmed) to attend include Jamie Foxx, Halle Berry, Arsenio ***or is it “Arsenol” as the document states*** Hall, Leann Rimes, Terrance, Howard, Martie Stewart, and Deana Carter. Honorees include: Ray Charles, DeFord Bailey, Jamie Foxx, Charlie Pride, the Bonner Family, Barry Gordy, Barbara Mandrel, Atta James, Little Richards, Soloman Burke, Al Green, Patti **or is it “Patty” as the document states*** LaBelle, Tina Turner, Linda Martell, the Pointer Sisters, Lionel Richie, and Frankie Staton.
Such a huge celebrity studded event will need sponsors. We have many levels of sponsorship packages, each of which will entitle you to many fantastic benefits! Sponsorship levels start at $5,000 and go up to $250,000. Smaller donations are also welcomed, with those who donate listed in the Soul of Country Music program.
Our production partners include United Global Entertainment Enterprise, LLC (UGGE); Jim Bonner; Western Soul Entertainment, LLC; and R.A.R. Entertainment. UGEE is a multi-media entertainment company in the music, radio, television, and motion picture industries. Jim Bonner, former member of the Bonner Family performing group, is a producer of special concerts in Los Angeles and Nashville, as well as a voice and dance coach.
Western Soul Entertainment, LLC, was established by Marvin D. Spruill in September, 2001, for managing and coordinating events specializing in country music. Having worked in the music industry for many years, Marvin assembled other professional planners and managers who all share a dedicated love for live concert tours, large scale meetings, fund-raisers, conferences, trade exhibits, seminars, and other specialty events. Marvin has had a love for country music all his life and enjoys developing and managing new talent.
R.A.R. was established by award winner Rodney Allen Rippy, who has been in the entertainment industry for more than 36 years. He’s made the transition to producer and director, seeking to provide a fresh alternative to current programming and market content. R.A.R. develops projects for TV and full length feature films.
Marvin Spruill, Jim Bonner, and Rodney Allen Rippy will co-executive produce this highly anticipated First Annual Soul of Country Music Extravaganza.
The Soul of Country Music will be televised, which adds to the excitment. Since our audience crosses all cultures, we’ll use the power of grassroots publicity to promote through radio, print, internet, and outdoor campaigns. Our music extravaganza will be fun for every member of the family, providing not only entertainment, but education as well! We predict the re-broadcast and packaging of this historic music special will generate additional revenue streams for the entire year. Not only will this garner additional profits, but it’ll whet viewers’ appetites for next year’s event!
With the experience of the three partnering production companies, we know our high energy show will be well received! The music performances and honor presentations will create an opportunity for us to do a multilateral marketing campaign through event merchandising, web marketing, network marketing (from event rodeos to late night talk show appearances), music teasers, radio, and product integration. We intend to get such sponsors as Coca-Cola, McDonald’s, Wrangler, Dell, Chevrolet/Ford/Chrysler, Halston, Starbucks, Duracell, Shell, and Gillette, just to name a few.
The co-producers plan to distribute the Soul of Country Music Extravaganza through domestic channels, with international implications. After the televised broadcast, this special will go through several additional channels of distribution to increase the show’s profitability and to maximize the return of all investors associated with the project. We’re currently talking with television and cable distributors.
Completion of the show will be finalized about two months from the fully funded taping of the live event. Pre-production to production is expected to take about one week. Investment returns generally come in about twelve to sixteen months after the show’s broadcast. Any funds invested will be held in an escrow account, accruing interest.
Investors will be entitled to 25% of the producers’ net. Investors will also be entitled to an initial 10% return on their investment. This will be re-paid first, before any other monies are paid out. Additionally, investors will share 10% of the net revenues generated from the Soul of Country Music Extravaganza for the next two years. Investors may be eligible for a tax incentive, which provides that certain audio and visual works may be eligible. (Please consult with your tax advisor). Messrs. Bonner, Spruill and Rippy expect to return all invested dollars approximately six to twelve months after the show’s taping. Twelve percent of all monies derived form DVD sales and all other ancillary markets will go to the initial investors. Twelve percent of all incoming revenue generated from the extravaganza will go to investors for a period of two years. (All legal agreements will be finalized and negotiated prior to the show’s production).
The Soul of Country Music Extravaganza is a highly anticipated, star-studded event taking place this summer. Come be part of this exciting event and make history with us!
The Super Bowl of Parties
January 18, 2008
What began as a fun get together to enjoy the Super Bowl with 35-50 people, in Sharon and Mark Silberberg’s home in Rancho Palos Verdes ten years ago, has morphed into a full fledged charity event with 1,500 people attending form all over the United States. “It just outgrew our home,” Sharon said. “My husband and I are diehard football fans. He’s from Pittsburgh. I’m from Philly. We both love the event of the Super Bowl. (Full story below video)
Super Game Day, which takes place on Super Bowl Sunday at Trump National Golf Club in Rancho Palos Verdes, has become an annual event.
“For football fans, this is like New Years Eve and the Fourth of July all rolled into one. The early birds start with a Charity Celebraty Golf Tournormant . You party all day, with open buffets and bars, listening to rockin’ music, cruise through a Classic and Hot Rod Car Show and watch the game on hig definition screens. All this great fun with fellow fans and you’re home by 9pm, it’s just awsome” said Sharon.
One of the main attractions for many at this year’s Super Game Day, will be presence of NFL alumni players including Rod Barksdale, who played for the Raiders and the Cowboys; Chris Hale of the Buffalo Bills, who played in Super Bowls XXV, XXVI and XXVIII; Ricky Ellis of the Seattle Seahawks, Kermit Alexander of the Rams and 49ers, former Los Angeles Raiders running back Dokie Williams. For the baseball fans, three-time World Series-winning pitcher John “Blue Moon” Odom and Jay Johnstone of the Dodgers will join the day’s festivities.
A 72-person charity golf tournament with a celebrity sports figure in every foursome will kick off the day’s festivities at 8 am. There are five 3 Par Holes, each with a hole in one prize.
A Classic Car Show featuring 50 Classic automobiles and Hot Rods with Parnelli Jones as the Master of Ceremonies will entertain the car enthusiast. Sounds of live music from such legends as, Leon Russell, Edgar Winter along with The Chuck Alvarez Band will keep the place rocking between 12 noon and 2:45pm.
Following the live music Super Game Day will host a Patriotic Memorial to the veterans of WWII. Just before game time, Steve Cooley, District Attorney of Los Angeles, will be the Master of Ceremonies of this special ceremony honoring of the men and women who served so valiantly in World War II, some of whom will be in attendance.
America the Beautiful will be sung by Susan Jeske, 1986 Miss America. A ceremonial aerial salute in the form of a flyover will be performed by World War II planes, and an Honor Guard will present a 21-gun salute.
By this time all the guests and fans are ready for Super Bowl XLII, which begins at 3:20pm. Pick your spot to watch the game from among 14 high definition screens throughout the Trump National Club House and two 12 foot screens outside with the blue Pacific and Catalina Island as your back drop.
This year the beneficiaries of all this celebrating and merry making are five regional charities. The Erin Runnion Foundation for Abducted Children, 2007 Firestorm Relief in San Diego, Kids N Pets, Acquired Brain Injury Foundation and Habitat for Humanity-Greater Los Angeles.
Proceeds from the 2008 SUPER GAME DAY will benefit the five “first tier” charities, with each organization receiving $20,000. If funds exceed expectations, a second tier of charities will be added to the list of recipients. Mark and Sharon formed their 501C3 foundations, CharityTakes2.org, to make this event possible and to support worthwhile small to mid-sized charities and important works these charities do every day.
So long as you have your tickets, you get to partake in all the afternoon events plus complimentary food and drinks! If you are not at the Super Bowl, why not go to the next best thing with over 80 feet of plasma screens T.V.’s throughout the entire Trump National facility, so that don’t miss a moment of the game or the commercials!
“I’ve been to a lot of parties in my life, but these (Super Game Day
Events) are truly the best,” said Jim Amormino, the oft-quoted spokesman for the Orange County Sheriff’s Department, who has attended the bashes in the past. “Everybody in town is looking for a good Super Bowl party - - why not go to the best?” With over 1,500 people expected this year Mark and Sharon Silberberg are already planning to expand this event for next year. With multiple locations, cities, and charities, the Silberberg’s plan to make Super Game Day bigger each year until it is the biggest collective Super Bowl Party in the nation (except for maybe the Super Bowl itself).
William Shatner introduces Corporate Brokers
January 18, 2008
The Deepening Housing Crisis
January 15, 2008
The housing crisis received yet another blow: the number of homes in the U.S. that headed into foreclosure more than doubled in the third quarter. According to Raphael Bostic, Associate Director of the University of Southern California’s Lusk Center for Real Estate believes that foreclosures will contribute to further weakening in pricing. While this is good news for potential buyers, it’s bad news for home builders and homeowners wanting to sell.
From July to September, 2007, foreclosures nearly doubled. According to RealtyTrac Inc. (Irvine, CA) foreclosures for the same time frame last year were 223,233. This year, it was up to 446,726 nationwide. What this translates to: there’s a foreclosure for every 196 households in the U.S. This is a 33.9% increase from the second quarter of last year, where 333,731 properties foreclosed.
California leads the U.S. in amount of foreclosure filings - about one filing for 88 households. There were 148,147 filings on 94,772 properties. (Total filings are greater because sometimes a property can receive more than one default notice in three months). This is an increase of 36% from the previous quarter, and almost quadruple what it was a year ago.
Most states - except for Kentucky, New Mexico, Oklahoma, South Dakota, and Utah - reported an increase in foreclosure filings. These filings include notices of default, auction sale notices, or bank repossessions. Nationwide, the number of filings nearly doubled the year-ago quarter and was up 30% from the second quarter of last year.
RealtyTrac started releasing reports of foreclosure filings in January, 2005. CEO James J. Saccacio said August and September, 2007, were the highest monthly totals since the reporting began. He expects the amount of foreclosures to remain high and perhaps increase in 2008 because many of the loans are due to reset. Also add that to the growing weakening of home sales. These resets are due, in large part, to adjustable rate mortgages initiated in 2005 and 2006. Mortgage lenders are wary that an increase in defaults will occur when the loans readjust.
California, Nevada, and Florida had the highest foreclosure rates for the third quarter. Florida’s foreclosures amounted to one foreclosure per 95 houses, with 86,465 foreclosures on 60,992 households. All three states saw an increase in speculator fueled construction of condos and houses. Most of these homes were sold to subprime borrowers who had poor credit histories. In other states, such as Ohio, Michigan, and Indiana, foreclosures came about because of economic forces - such as unemployment and a general depressed economy.
Housing Crunch Getting Worse
January 15, 2008
The signs keep continuing for the worsening of the housing crunch. It may be the worst in decades and seems to be widening. American Home Mortgage Investment Corp., once the 10th largest mortgage lender, recently filed for Chapter 11 bankruptcy protection. Two other mortgage lenders, Aegis Mortgage Corp. (Houston, TX) and National City Corp. (Cleveland, OH) declared they aren’t accepting any more applications due to financial concerns.
American Home Mortgage, based in Melville, NY, said a number of events brought about their downturn. Their funding was cut off to make new loans. This was mostly due to falling home prices and an increase in payment defaults. This scared investors away from the housing industry Investors had been the lifeblood of the mortgage industry. Now, “value is a fleeting concept. The market today has just basically shut down,” says JMP Securities analyst Steven C. DeLaney.
Because of this, people who want to purchase homes or who want to refinance are facing tougher hurdles. They’re facing a reverse of a couple months ago when buyers with bad credit were being offered mortgages. Now people are much more likely to be turned down.
American Home Mortgage’s biggest creditors include a who’s who of Wall Street, such as Deutsche Bank AG and JPMorgan Chase & Co. Both banks declined to comment. American Home stated it’s receiving $50 million in debtor-in possession financing from WL Ross & Co. LLC, which is led by billionaire Wilbur L. Ross, Jr. Mr. Ross’ company has helped failing companies in the steel, coal, and textile industries.
Unpaid Credit Card Debt Increasing
January 15, 2008
More and more Americans are consistently late in paying their monthly credit card bills. Such delinquencies and defaults increased by doubt digit percentages last year, and many experts are warning worse times are ahead. Analysis of the largest credit card companies found the highest rise of defaults were among accounts more than 90 days late.
Many experts see these delinquencies as the result of the subprime mortgage crisis. The Associated Press examined almost 20 large credit card companies and found that the total dollar amount of credit card accounts over 30 days late increased to 26% ($17.3 billion) in October from last year’s figures. This translates to more than 4% of the outstanding principal balances owed to such creditors as Bank of America and Captial One. Defaults rose 18% (almost $961 million) in October, according to filings made with the Securities and Exchange Commission.
Visa suffered $861 million in losses for its latest fiscal year because of lingering legal problems. This was revealed in Visa’s documents prepared for their initial public offering of stock. Visa reached a $2.25 billion settlement with American Express before the much anticipated IPO. The IPO is anticipated to occur in the early part of 2008 and will be the second largest in U.S. history. American Express accused Visa of conspiring to diminish competition within the credit card market. Settlement of the case requires Visa to pay $2.07 billion, spread out over four years. The remaining $185 million will be paid by five member banks.
A 20% Plummet in U.S. Home Sales
January 15, 2008
Housing sales have plummeted 20% in one year, measured from November, 2006 to November, 2007. There was a bit of a silver lining in that sales were up slightly - 0.4% - from October to November, according to the National Assn. of Realtors. This may indicate the housing market may have hit bottom and that it’s starting to stabilize. The sale price of homes is 3.3% lower than it was in November, 2006.
National trends were consistent with California trends. The California Assn. of Realtors agreed with research firm DataQuick that home sales and prices dropped during the past year. There was a 36% drop in sales, statewide, from November, 2006, coinciding with a 12% price drop.
Southern California was hit harder in sales - dropping 43% from the previous year, although prices dropped just 10%. DataQuick saw a slight pick up in sales for Southern California from October to November. While some may see that as an optimistic sign, DataQuick President Marshall Prentice advised caution. A one month increase may not be significant enough. In 1994, something similar occurred, but then the downturn continued.
Despite the optimism from the National Assn. of Realtors, other economists believe further declines are on the way. UCLA Anderson Forecast Director Edward Leamer said the October-November upturn doesn’t mean blue skies are on the way. He advised watching the trends for a few months in order to make a more educated assessment. He was hopeful that the sales volume of Southern California houses may be bottoming out, but he predicts prices will continue to drop for another year.
The Times of London interviewed Robert Shiller, Yale economist and co-founder of the Case-Shiller index of housing prices. Shiller thinks it’s likely that the housing recession could go on for many years. He believes that California and Florida housing prices could fall 35%. According to Case-Shiller, housing has fallen 7% in 20 U.S. metro areas, since their peak in 2006. Since September, 2006, Los Angeles and Orange County prices have dropped 9%.
Christopher Thornberg, Los Angeles economist and principal of Beacon Economics, predicts a 30% drop in Southern California home prices from their 2006 peak. He also has a chilling thought about the downward trend: “How many of those are foreclosures? That’s not stabilization; that’s the market getting worse.”
Record Setting Defaults on Insured Mortgages
January 15, 2008
The U.S. housing market got another blow in November when it was reported there was a 35% increase in defaults on privately insured U.S. mortgages. According to Mortgage Insurance Companies of America, people who fell more than 60 days behind on payments increased from 45,325 in November, 2006, to 61,033. This translates to a 2.9% increase from October. Generally, missed payments are seen as a precursor to a foreclosure.
This latest news is just another indication that mortgage insurers are in for a rocky road for 2008. David Havens, a credit analyst at UBS in Stamford, Connecticut believes that if the trend continues, it’ll spur high claims. This may lead to some companies needing to raise money.
To add insult to injury, according to S&P/Case-Shiller, in October, home prices fell 6.1% in 20 U.S. metro areas. Since it’s becoming harder for borrowers to refinance, lenders are being compensated for bad loans through mortgage insurance.
The two top U.S. mortgage insurers, MGIC Investment Corp. and PMI Group Inc., both reported third quarter losses, their first since becoming public companies. MGIC doesn’t foresee turning a profit until 2009. It was the ninth worst performing company on the Standard and Poor’s 500 Index, when it lost 64% of its market value in 2007. PMI Group was down 72%. Additionally, the third largest mortgage insurer, Radian Group Inc., was down 78% in 2007.
Ratings companies, such as Standard & Poors, Moody’s Investors Service, and Fitch Ratings have lowered their formula for mortgage insurer ratings. If they didn’t, these companies would possibly be downgraded. If that occurred, many insurers may have to add to reserves for claims.
James Brender, analyst for S&P in New York, doesn’t have much optimism for most of 2008. He stated: “It will be at least 18 months until there’s a chance of stabilized ratings on [Radian, PMI and Republic].”
Bond insurers MBIA Inc. and Ambac Financial Group Inc. have a few short weeks to raise $1 billion each. If they don’t, they will likely loose their AAA ratings. These two companies are struggling after receiving losses on mortgage-backed bonds. MBIA says it will get its $1 billion from Warburg Pincus, a private equity firm. Ambac raised its $1 billion after reinsuring $29 billion of the securities it guarantees.
Why incorporate?
January 2, 2008
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Award winners
January 2, 2008
Corporate Brokers, Inc. has received an award from the “Heartbeat of America,” recognizing Corporate Brokers, Inc as a legitimate business development company. This is a great honor, since this award is given out only to quality businesses.
The Corporate Code, Only $995
