New Artist Alliance, an Encino, Calif.-based production company specializing in low-budget films, has secured financing for a slate of four micro-budgeted movies, all to cost less than $1 million, that it will co-produce with management/production firm Caliber Media, reports THR.

The first film under the new deal is an adaptation of the First Comics graphic novel The Scribbler, author Dan Schaffer’s tale of a woman will multiple personalities.

“The film is a noir sci-fi action thriller about a young woman recently released from a mental hospital, and continuing a treatment programme to rid her of her alternate personalities. She moves into a halfway house for mental patients where the residents begin to die at an unusual rate.”

John Suits, one of the founders of NAA, will direct the film, to be shot in 3D, which is beginning casting.

The two companies have previously produced two movies together, which are both currently in post-production: Static, a horror-thriller starring Milo Ventimiglia, Sarah Shahi and Sara Paxton, directed by Todd Levin and shot in 3D, and 3 Nights in the Desert, starring Amber Tamblyn, Wes Bentley and Vincent Piazza, which Cowan directed.

Caliber also is currently shooting Dark Was the Night, a horror film starring Kevin Durand, Lukas Haas and Bianca Kajlich, directed by Heller. And its thriller Enter Nowhere, starring Paxton, Scott Eastwood and Katherine Waterston, will be released by Lionsgate Home Entertainment in April.