PIONEER TROUBADOURS
Limited Partnership Brief

 

THE FOLLOWING IS A BRIEF OF THE LIMITED PARTNERSHIP AGREEMENT THAT

IS BEING OFFERED BY PIONEER TROUBADOURS PRODUCTIONS, LLC, and to be

considered as the GENERAL PARTNERS.

 

THE PIONEER TROUBADOURS PROJECT includes the Pioneer Troubadour DVD,

TV/Internet Series and Website at PioneerTroubadours.com

  

The principal place of business is 811 Spring St., # 140, Paso Robles, CA  93446.   Phone 
number is 323-850-8919.  The Pioneer Troubadour Limited Partnership (PTLP) is

registered in California.

 
 

INVESTOR OFFERING

 

PTP,LLC is offering for sale Twenty (20) limited partnership interest, with each worth $25,000. 

If so designated by the General Partners some of the limited partnership interest can be

broken down into smaller units.

 

During the remainder of the year PTP,LLC is offering 2 interest units for each dollar

invested. ie. A $25k investment will gain you 50,000 limited partnership interest units.

 

Each limited partner shall receive cash distribution from net profits equal to his respective

capital contribution before any net profit is distributed to the General Partners.

 

After each Limited Partner has recouped 100% of his respective capital contribution, the net

profits shall be divided 50% to the General Partner, and 50% to Limited Partners according

to their respective capital contributions.

 

General Partners shall keep and maintain complete and adequate records.  General Partners

shall have full, exclusive, and complete discretion in the management and control of all affairs

of the Partnership. Limited Partners shall not take part in the management of the business or

transact any business for the Partnership.  Cash assets of  Partnership, in the opinion of the

General Partnership, are in excess of those required to meet the anticipated needs of the

Partnership, the excess shall be distributed according to the units of each partner.  Business

records may be examined by any partner at any time.

 

It is agreed that the Pioneer Troubadours Limited Partnership General Partners reserve all

producer and director rights, further agreed that PTP,LLC  and Mr. Standley shall have full

creative rights and exclusive and complete discretion in all dealing with artists, and/or their

agent and managers, film, distribution and other entities.  It is further agreed that Benford

Standley and his legal council shall negotiate all contracts concerning all areas related to the

this project.

 

The General Partners do not have to wait until the total monies to be raised is secured, and

can begin producing the project when money is initially invested.


 

DISCLOSURE OF RISK

 

This information contains statements relating to future results of the company (including

certain projections and business trends) that are "forward-looking statements" as defined in

the Private Securities Litigation Reform Act of 1995.  Actual results may differ materially from

those projected as a  result of certain risks and uncertainties, including but not limited to,

changes in political and economic  conditions, demand for and market acceptance of new

and existing products, as well as other risks and uncertainties detailed from time to time in

the filings of the Company with the Securities and Exchange Commission.

 

This is an addendum to the full Agreement of Limited Partnership of the PIONEER

TROUBADOURS PROJECT.  
 

PIONEER TROUBADOURS PRODUCTIONS, LLC
811 Spring St., Suite 140

Paso Robles, CA  93446
323-850-8919 
westmultimedia@gmail.com