Everything you need to know about Viewmax Cooperative and how to join us.
Viewmax Cooperative is a member-owned distribution network, not a direct equity investor in the Viewmax parent company. The Cooperative operates as a Bulk Purchaser, acquiring cinema ticket inventory at a priority wholesale rate. Members then act as authorized distributors, consigning this inventory to be resold to the public at market prices.
Profits are generated through a commercial trading model. As a member, your contribution purchases 'units' of discounted ticket stock. When these tickets are sold to moviegoers at the box office, the trading margin (the difference between your wholesale cost and the retail price) is collected and remitted to your wallet as Sales Proceeds.
No. Your participation is not an equity investment or share acquisition in Viewmax Entertainment Network Ltd. It is a commercial trade arrangement. Your funds are used to purchase Inventory (Tickets) in advance. The profit you make is derived from the resale value of that inventory, similar to a distributor relationship.
Yes. Your purchase is backed by real Inventory Value. Unlike speculative investments, you own actual cinema admission rights (vouchers) which have inherent market value. Additionally, Viewmax Ltd provides an Inventory Buy-Back Option after a set period to ensure liquidity for unsold stock.
We aim to make our community accessible. The minimum stock purchase requirement varies by project phase, but we strive to keep it affordable for individual merchants. Check the 'Active Projects' section for current specifics.
Sales proceeds are settled to your wallet typically on a quarterly basis once the cinema commences operation and sales are recorded. You can view your live inventory sales and wallet balance in your member dashboard.
All ticket sales to the final consumer are subject to 7.5% VAT (or prevailing rates), collected at the Point of Sale and remitted to FIRS. Member trading margins are calculated on the Net Retail Price.
Project completion dates are estimates based on current logistics. The validity period of Ticket Inventory commences ONLY upon the official commercial opening of the specific cinema location. Construction delays do not constitute grounds for refund.
Pre-launch inventory is non-refundable by the Company. However, members may utilize the Peer-to-Peer (P2P) Transfer feature to sell their stock to other members within the Viewmax ecosystem.