AFFILIATED PARTNERS
Advanced Cultural Technologies Inc.

ACT is the developer of the first generation App Platform and owner of the existing intellectual property. It will undertake development of the next generation Platform, based on its earlier experience and technology.
Crucial Capital (VCC) Corp.

Crucial Capital is a new VCC being established to finance develop of the new ACT Platform, as well as Apps by Affiliates and Partners.
NetEquity Capital Corporation

NetEquity will use its twenty years of experience in structuring and marketing VCC investments to serve as Agent for Crucial Capital. It will also provide common administrative services for Affiliates and Partners.
NeTitles Productions Corp.

NeTitles is an Eligible Small Business that developed Content for several Apps running on the first generation Platform. These Apps will be migrated to the new platform. NeTitles is available to partner with new Content Developers.
Cinemage Digital Arts Corporation

Cinemage Digital Arts has several Apps it has planned for implementation on the new App Platform, and is available to partner with new Content Developers. It may also provide content production services to Content Partners.
Third Party Content Development Partnerships
NetEquity Capital plans to facilitate a number of third party content development partnerships, to complement the content being developed by core corporate App Affiliates and Partners for their Apps. Content Partnerships will go beyond the normal Content Developer - App Developer business relationship inherent in the nature of the business model.
Roles Of Partners In Collaborative App Development
Role Of Content
Developers
Content developers are solely responsible for the design and subject matter of their Content, consistent with the App the Content is expected to be hosted on. To finance the development of their Content, they may partner with App and Platform associates by referring their interested investors to our investment program that dramatically recovers investment cost through Tax Credits and Income Tax reduction.
BC Eligible Small Business
To qualify to join in a development partnership the Content developer must be a Qualifying Business as defined in the BC Equity Capital Program. Having their Content hosted on a participating App likely meets the business sector criteria. The business must also be a corporate entity doing business in British Columbia.

Partnership Agreement With the App And ACT
In addition, the Content developer must enter into a partnership agreement with the App and Platform developer, Advanced Cultural Technologies Inc. (ACT).

Investment Referrals
Principals are then expected to refer potential investors to NetEquity Capital, who acting as Agent for Crucial Capital (VCC) Corp. will explain the nature of the investment and how its Tax Credit works and what other tax reduction strategies the investor might use given their personal circumstances to further reduce the cost of the investment through Income Tax reduction.


Strategic Partner
Crucial Capital
(VCC) Corp.
Crucial Capital (VCC) Corp; will operate under the BC Equity Capital Program, incorporated under the BC Small Business Investment Act.
Operation Under The BC Equity Capital Program
The VCC will operate its business under the BC Equity Capital Program, filing all eligible investments with the Program to generate a 30% Tax Credit (investment refund) for investors.

Investment In The App Developer
Having established its qualification as an Eligible Small Business, the VCC will invest 50% of the investment received from a Content referral in Preferred Shares of the Content Developer company.

Investment In Platform Developments
Thereafter, 30% of funds received from a Content developer's referrals will be invested in ACT, the platform developer, to work with the Content and Ap Developer in supporting the planned Content and App.

Payment Of Investment Costs
The remaining 20% of funds received from an App developer's referrals will be used to pay administrative costs and filing fees incurred in operating the VCC investment program.

NetEquity Capital
Partnership Administration
NetEquity Capital Corporation acts as Agent for affiliated investment Issuers, and provides common administrative services to affiliated operating companies.
Agent For Crucial Capital
NetEquity will serve as Agent for Crucial Capital in its investment sales and marketing program. In that role it will:
  • a) ensure that investors understand the nature of the investment and its tax reduction benefits;
  • b) ensure that investors qualify under the BC Equity Capital Program and BC securities regulation;
  • b) ensure that all regulatory filings are made and financial statements are prepared;

Common Administrative Services
In addition to the the services of Agent provided in raising investment capital, NetEquity will provide the following common administrative services such as:
  • a) common space rental for use by Affiliates and Partners;
  • b) common phone, purchasing, employment and contracting, and payment services;
  • b) common bookkeeping and accounting services;