UEV is offering partnership interests in limited partnerships formed to engage in the business of motion picture production and financing. Each project is being pursued under its own limited partnership (LP). The partnership interests will not be registered under the Securities and Exchange Act of 1933 or any local securities law and are described in each project’s prospectus for investment purposes only, and not with a view to resale or distribution.
Each LP is made up of a general partner (Undersea Expeditionary Video Services, Inc.) and various limited partners who have purchased limited partnership units to help finance, produce and cause the distribution of the motion picture described in each LP’s prospectus. Each investor’s liability is limited to the extent of their capital contributions (i.e. their investment.) The investors are further limited in that they have no say in the business of the partnership. The general partner maintains total control over all business activities and full artistic control over the development, financing and production of the motion picture described in the prospectus.
