Deception Road Lawsuit

Introduction

This website was created to share information and connect parties who may be interested in joining a potential lawsuit against Dallas Brennan, Rabinder Sira, and Chris Gilligan, the owners of Wild Inventions Pictures LLC (“WIP”), and Green Olds LLC (“GOL”). The three of them profited, directly and indirectly, by raising funds for the creation of the film Deception Road (formerly known as Green Olds), then pocketing the money for themselves and leaving their investors high and dry.

The information driving this lawsuit was collected in connection with a completed arbitration, in which the arbitrator held that the owners improperly commingled funds between the LLCs they owned. Details of that case are below and provide context for the mass action that may be brought against them.

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If you have questions or are interested in joining a potential legal action, please, email [email protected].

Defendants

bios from wildinventionpictures.com website, take offline in late 2020 but still available on archive.org

Expected Claims of Upcoming Lawsuit

The contemplated lawsuit would include any equity investors, debt investors, contractors, actors, vendors, and anyone else who contributed funds, time, brand, or resources to the owners and who was materially harmed by their actions.

Based upon the facts disclosed in the arbitration, we believe that Brennan, Sira, and Gilligan have:

Separate Legal Action

Overview of Completed Arbitration

Another Investor, Byron Hsu, loaned WIP $150,000 for a ~2.5 month loan to be repaid upon receipt of additional funds for the production of the film. Subsequently, WIP raised $746,288 and spent it all without informing or repaying Hsu. Hsu brought an arbitration claim against WIP and the owners, and the Arbitrator ultimately agreed that WIP owes the full amount to Hsu, along with interest and arbitration fees. The total amount due by WIP to Hsu is now over $825,502.20 as of January 15, 2021.

In his arbitration filing, it was shown that:

  1. Hsu loaned WIP $150,000 on Jan 3rd 2018, which was due plus premium on March 15th, 2018.
  1. Hsu's investment was contingent on the promise that Gregory Shockro would invest another $200,000.
  1. In financial documents subsequently disclosed by Brennan, Brennan admitted to paying himself over $70,000.
  1. Over text message, Brennan admitted WIP was obligated to repay Hsu but chose not to.
  1. The owners treated the accounts of WIP and GOL interchangeably to conceal that WIP had received sufficient funds to repay Hsu.

After careful deliberation of all facts provided, the Arbitrator issued the following decision on October 9, 2020.

In summary the Arbitrator found that:

  1. Respondents are "guilty of willful and material misappropriation of Development Fund". [page 10]
  1. The Respondents' assertion that a contingent investment from Gregory Shockro which failed to materialize had already occurred was "simply absurd" and this did represent a breach of their obligations. [page 4]
  1. Respondents used Wild Invention Pictures and Green Olds LLC "interchangeably as both the development and production companies for the Picture" and that "the Respondents could have repaid the Claimant his investment upon his initial and subsequent requests for payment but deliberately chose not to do so.", and "Their actions clearly constitute an intentional breach of the Agreement". [page 7]
  1. The 5% per monthly interest rate was correct, and that Hsu was owed $712,174.99 as of October 9, 2020, plus arbitration fees of $15,623.75. [page 9]

In the process of pursuing the arbitration, it became clear that a number of others were misled and materially harmed by WIP and GOL, in part because of the misleading conduct of Dallas Brennen, Rabinder Sira, and Chris Gilligan.

Financial Report

Quick Numbers

💰
$746,288

Equity investment raised
🤑
$94,700

paid to Dallas Brennan for writer or producer fees
🏧
$17,511.65

petty cash withdrawn from company accounts
😲
$825,502.20

owed to Hsu including interest
😭
$0.00

repaid to Hsu, current as of today’s date.
💸
$746,288

Equity investment spent
🤔
$6,800

finder's fee paid to Dallas Brennan for securing investors
🏨
$38,141.90

spent on hotels
🥂
16

meals costing over $200
🤯
0

movies made or minutes filmed (beyond teaser trailer)

Film Expense Report

The following document was provided by Dallas Brennan on July 23, 2019

Still Soliciting

The official movie website for Deception Road was still online and soliciting investors at least through March 2021. It was taken offline in April of 2021, prior content visible here:

Wayback Machine
The Wayback Machine is an initiative of the Internet Archive, a 501(c)(3) non-profit, building a digital library of Internet sites and other cultural artifacts in digital form. Other projects include Open Library & archive-it.org.
https://web.archive.org/web/20210301000000*/http://www.deceptionroadmovie.com/

Screenshot of investment page taken March 2021:

Have you been financially harmed on this Deception Road?

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Contact [email protected] for more information as we are currently preparing our legal case and collecting plaintiffs who wish to participate.