Investor Overview

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Investor Overview
February 2007 Metropolitan Pictures, LLP 16
Farrington Ave Allston, MA 02134 617-901-3418
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The New Consumer Movie Market

• Unique, high-demand time in the consumer market
• 1st Time Ever DVD sales exceeded box office
  receipts in 2006 consumers buy DVDs everywhere
  from Walmart to online to Store24
• Hundreds of cable channels and consumer
  acceptance of pay-per-view and new services such
  as Netflix, Amazon, VOD, etc.
• Long history of indie successes such as Blair
  Witch, Clerks, Saw, El Mariachi, Night of The
  Living Dead, etc. attest to Americas love of
  authentic, entertaining independent movies
• Short-form home-produced content has mass
  appeal and has been monetized by aggregation
  into successful shows and web sites
• Reality-TV is dominating television Americans
  love authentic content and outrageous behavior

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Comparable Success Stories

• Theatrical
• Movie Budget Domestic Gross
• El Mariachi 7,000 2.0M
• Clerks 27,000 3.2M
• Blair Witch 35,000 140.5M
• Night of The Living Dead 114,000 40.0M
• Swingers 200,000 4.5M
• The Brothers McMullen 240,000 10.2M
• Chasing Amy 250,000 12.0M
• Shes Gotta Have It 600,000 6.5M
• Slingblade 1.0 M 24.5M
• Source Internet Movie Database
• Not including DVD Sales and
  Rentals

4
The Movie-Making Paradigm Shift

• Digital Video and PC technology has made it
  possible to produce high-quality, entertaining
  movie content at a fraction of traditional costs
• Film costs, which used to be among the highest
  cost centers, has been reduced to virtually
  nothing (cost of digital tape cassettes)
• NO film development time-lag digital video goes
  from camera to computer instantly with no loss of
  quality
• The quality and functionality of Pro-sumer
  digital cameras exceed film cameras at a fraction
  of the cost
• Digital animation and special effects created on
  PCs is integrated with digital video in the PC
  editing environment
• Editing done on PC computers costing under
  10,000, vs cost of rented film editing suites

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About Metropolitan Pictures

• Founded 2004 in Boston MA by Scott Matalon and
  Warren Lynch to produce
  high-quality feature-length
  digital movies that are appealing to the mass-
  consumer market
• Goal is to create a successful Indie movie
  studio outside the Hollywood system, which
  utilizes all-digital technology and the
  largely-untapped northeast talent pool
• Company is in mature startup phase
• Just released its first feature-length movie
• Established operating and production
  methodologies
• Owns most startup production equipment,
  including cameras, PC-based editing suite,
  digital recording studio
• Has experienced management and advisors

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Metropolitan Current Projects

• Completed Pony Trouble in 2005 97-minute
  comedy/horror that is being released worldwide by
  Brain Damage Films (March 2007) Release includes
  English and foreign-language versions.
• Co-producers of a documentary about Doug
  Tunstall, aka Tiny The Terrible, an
  African-American ex-wrestler on public assistance
  who is only four foot seven inches tall, and the
  story of his 2006 mayoral race in Pawtucket, RI
  which is being considered for airplay by HBO.
• Executive producing a feature-length,
  self-funded action/crime movie by director J. B.
  Quelle titled Allston MA, now in
  pre-production.
• In development phase of Snurg Hunter, the
  follow-up movie by Pony Trouble director Warren
  Lynch, to be filmed Summer 2007.

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Pony Trouble (2005)

• Feature-length horror/comedy written and
  
  directed by Warren Lynch
• Completed on a shoe-string budget of 7,000
  
  with 40,000 of equipment within one years time
• Cast and crew donated / volunteered all time
  
  in return for minor shares of future
  royalties
• Featured movie in the 2006 Boston
  
  Underground Film Festival
• Received Domestic and International distribution
  from established publisher in the horror genre, a
  goal achieved by approx. 2 of all independent
  filmmakers

Pony Trouble DVD Cover
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Pony Trouble (2005)

• A memorable first movie that has all the elements
  of a successful brand / franchise to build upon
• Unique Artistic Vision not the usual slasher /
  horror movie
• Wacky and extremely silly story that mixes
  pop-culture obsession with sex and drugs and
  rock-and-rolland horror
• Targeted primarily to the 14 24 year-old
  market secondarily to mass cult-movie market
• Fun and catchy soundtrack by indie bands,
  eye-catching design, quotable script and
  memorable characters

Pony Trouble Screen Shots
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A Man Among Giants (2007)
Full-length documentary about Doug Tunstall, aka
Tiny The Terrible, and his 2007 Mayoral race
Directed by Rod Webber and Co-Produced by
Metropolitan Pictures Appearances include
Michael Dukakis, Jerry Springer, and a cast of
freaks, misfits and assorted innocent bystanders
Filming completed Jan 2007 currently in
post-production for Spring 07 release Being
considered for broadcast by HBO
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Current Project Snurg Hunter

• The next feature by Writer / Director Warren
  Lynch, a 90-minute adventure about an invasion by
  sadistic aliens and the nerdy group of
  boarding-school kids who have to save the world
  by fighting them.
• An R-Rated Comedy / Horror with near continuous
  action and special effects throughout the movie
• Highlights include zombies, possession, chainsaw
  battles, alien sex, weird monsters and lots of
  slapstick gore and ridiculous violence.
• Set on location at a New England private school
  for low-cost production using local professional
  actors and crew

1st Draft Character Sketches
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Snurg Hunter Goals

• To sell 1 Million DVD copies Internationally over
  5 years, and to be featured on Cable networks
  and/or Cable On-Demand
• To fully realize the Warren Lynch brand as
  original, imaginative works that are entertaining
  and outrageous blends of comedy, horror and
  social commentary
• To capitalize on the successful International
  release of Pony Trouble by distributor Brain
  Damage Films (March 2007) with a significantly
  more professional and higher-budget follow-up
  movie
• Release successful Soundtrack CD by musicians
  and bands featured in the movie
• Aftermarket Merchandising of clothes, toys,
  comics and more

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Snurg Hunter Production Commitments

• Distribution - Brain Damage Films signed Letter
  of Intent to distribute all future Metropolitan
  movies Domestically and Internationally
• Equipment - John Anctil (Fastlights Inc.)
  committed to no-cost loan of lighting, grip and
  camera equipment for equity participation
• Post Production Editing - Metropolitan Pictures
  will provide video and sound editing studios and
  equipment at no cost for equity participation

• Spellman-Paul Has provided the company with
  experienced actors who desire to audition for
  Snurg Hunter, including Saskia Slaaf, The
  Rules of Attraction and Rachel Viola,
  Chappelles Show.

Actress Saskia Slaaf
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Snurg Hunter Budget Overview

• Actors 16,400
• Crew 54,900
• Props/Wardrobe   5,800
• Stunts/Effects   4,500
• Locations   4,000
• Equipment 11,300
• Admin   1,000
• Fees   2,500
• Editing   7,200
• Accomm/Travel 3,000
• Legal Accounting   3,500
• Total 122,100

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Production Timeline

• Production Components Estimated Time
  Required
• Design/Casting 60 days (march/april)
• Construction/Rehearsals 40 days (may/june)
• Filming 80 days (june - august)
• Editing 105 days (sep - dec)
• Mastering/Post 15 days (dec)
• TOTAL ELAPSED TIME 300 days

1st 180 days
The first 180 days utilize the majority of the
budget and represent the highest risk these
components need to be completed without
interruption or delay.
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Aftermarket Opportunities

• Snurg Hunter, the Graphic Novel or Comic Book
• Snurg Hunter television, cable or for-pay VOD
  weekly series (i.e., Stargate)
• Snurg Hunter Soundtrack CD and Music Videos by
  soundtrack artists which incorporate video from
  the movie
• Snurg Hunter Video Games
• Clothing Line, Costumes, etc.
• Telephone Ring Tones, Computer Wallpaper, etc.
• Dolls and Toys featured in the movie
• Movie Sequel or Franchise / License to major
  Hollywood movie house (i.e. Terminator)

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Experienced Management

• Scott Matalon, Founder and President,
• Experienced business entrepreneur who has
  successfully integrated artistic and technology
  businesses
• Stumpworld Systems (Founder President 1992
  2001)
• Lead company from startup to 120 employees
• Web Innovator whose clients include Aerosmith,
  The Rolling Stones, Phish, EMI, Blue Note
  Records, Ben Jerrys, Creative Artists Agency
  (CAA), NYNEX, Comcast, AOL Canada and more
• E-Commerce Leader
• Designed award-winning Online Merchant
  software 1 E-Commerce software in America
  (Staples, CompUSA, BestBuy)
• Designed BuyItOnline.com shopping portal
  awarded numerous International Technology Patents
• Sold to Montreal-based public company in 2001
  for more than 100M US
• Stingray Body Art (Founder and Proprietor, 2006
  - present)
• Leading Boston Body Art Establishment (One
  Harvard Ave.)
• Winner 2007 Best of Boston (Improper
  Bostonian)
• Winner Boston Globes Best of the New 2006

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Investment Opportunity

• Seeking 100k for 40 Equity Ownership in the
  movie Snurg Hunter
• Selling shares in ten (10) 10,000 blocks of 4
  each
• Investments come with Producer or Associate
  Producer credit
• Company will be seeking an additional 20,000 -
  30,000 in on-screen product placement fees to
  complete the budget.
• If we sell 500,000 Units at 12 Wholesale over 5
  years
• 6M Gross and 2.5M Net
• A 4 investment
  returns 100,000 at ½ of our goal

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Other Opportunities

• Investors in Snurg Hunter will also receive
  options for
• Right of First Refusal for investment
  opportunities in Metropolitan Pictures next
  three movies
• First Review of all investment opportunities
  associated with Metropolitan Pictures
• VIP access to selected on-location and set
  filming days
• VIP invitations to all Snurg Hunter and
  Metropolitan Pictures events, screenings,
  releases, parties, etc.
• Personal copies of the movie and signed photos
  with all of the major actors and actresses