LETTER OF INTENT
Ritual Tides · Strategic publishing and investment partnership
FROM
HELLO GIANT CAPITAL
TO
VERTPAINT LTD.
DATE
September 10, 2026
STATUS
Non-Binding Discussion Draft
TARGET CLOSE
October 31, 2026
PROJECT
Atmospheric First-Person Survival Horror
Our conversations have reinforced a shared excitement about building Ritual Tides together. We see strong alignment in our commitment to exceptional quality, creative ambition and efficient execution.
Hello Giant Capital proposes a strategic publishing and investment partnership with Vertpaint Ltd. to complete, launch and expand Ritual Tides, an atmospheric first-person survival-horror title planned for PC and console. This non-binding executive summary is intended to open commercial discussion and align the parties on structure, diligence and next steps.
The production is cost-optimized and controller-first, with a Call of Duty design director and senior cinematic and performance-capture talent involved. The next phase centers on build polish, localization and porting, plus a focused go-to-market program designed to scale only what proves conversion.
UNIT SALES SCENARIOS
Illustrative Base and Bull scenarios for Ritual Tides lifetime unit sales.
METRIC
BASE
BULL
LIFETIME UNITS
350K
2.0M
Hello Giant planning scenarios for discussion; actual sales will depend on execution and market response.
PROPOSED OFFER
$2.0M CORE · UP TO $2.5M TOTAL — Advance at a $2.0M modeled core commitment, with up to $500K of additional reserve capital available only after mutually agreed evidence gates are met.
CORE COMMITMENT — $2.0M initial GTM publishing investment, aligned to the current financial model.
CONDITIONAL RESERVE — Up to $500K released only against mutually agreed development and commercial evidence.
USE OF FUNDS — Completion and polish, localization and porting, plus a lean creator, paid-media and social program. Final allocations will follow an agreed closing budget.
MILESTONE GATES — Tranche releases may test demo quality, wishlist velocity around creator beats, demo-to-wishlist conversion and final launch readiness.
ECONOMICS — Proposed revenue waterfall, with commercial terms to be refined together. Revenue definitions, reporting, approvals, rights and governance remain subject to definitive documentation.
WHY HELLO GIANT
LEAN, GENRE-FIRST GTM
Aggressively target existing survival-horror fans, then scale only the content, creators and channels that demonstrate conversion.
PETROL ADVERTISING
A trusted go-to-market partner with 10+ years of Call of Duty franchise experience, available to Hello Giant on a preferential, flexible and performance-aligned basis.
DAVID TYLER
Our long-standing relationship with David Tyler adds multi-decade Call of Duty perspective across positioning, launch discipline and commercial execution.
XBOX EXECUTIVE NETWORK
Deep working relationships across Xbox’s executive team, including former Activision leaders, provide senior platform fluency and access points—not guaranteed placement.
CREATOR ACTIVATION
A strong relationship with CoryxKenshin complements the project’s confirmed Daz Games alignment. Any activation remains subject to separate talent agreement.
FILM / TV FANDOM EXPANSION
Multiple Film and TV partners can explore adaptation and audience expansion designed to increase the probability of breakout, franchise-scale success.
NEXT STEP
Confirm mutual interest, align the $2.0M core structure and reserve gates, complete commercial, legal, technical and financial diligence, then move to mutually acceptable definitive documentation.
NON-BINDING DISCUSSION DRAFT. Except for any confidentiality provisions agreed separately, this summary creates no obligation and remains subject to diligence, internal approvals and mutually acceptable definitive agreements.