As new filmmakers my partner and I made a great little horror flick and had interest right away from several distributors. We went with TriCoast because they seemed like a nice small company that promised to pay us a minimum guarantee and sell the film in Europe and the US.
Unfortunately they turned out to be dishonest and didn't honor the contract we signed with them. They told us lots of reasons why they couldn't pay us what was agreed upon including that they'd gone out of business.
Well, they haven't - they just changed their name from TriCoast International, LLC to TriCoast Worldwide. We've tried to get our lawyer to intercede on our behalf but he said it would cost more to sue them than what they owed.
We've kept quite for a fews years and now it's time to warn other filmmakers to stay away from TriCoast and the people who own the so called "out of business" company; Strath Hamilton and Ami Artzi who we found out has done this many times before.
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