Angie is a farmgirl in rural Midwest America who dreams of being a famous actress. She has an uncanny knack for willing events to happen with her imagination. One day a small film crew comes to town led by a quirky director. He's making a low-budget sci-fi B-movie called Common Cents and casts Angie as the lead Princess Penny.

During filming on cheap sets and amateur actors, we see fantasy sequences where the shoddy production value transforms into a grand space adventure in Angie's mind. She secretly wills events on set to fail so shooting goes over schedule, letting her live the fantasy a bit longer.

On the last day, during the climax scene where Princess Penny escapes through a wormhole, the fictional wormhole manifests in reality. Angie, in costume, enters the vortex unsure of what's real. She arrives at a cosmic waypoint surrounded by trippy space imagery.

There she realizes she is the manifestation of a cosmic being who created the universe as an act of imagination. Flashbacks show her living as different characters across time and stories. Angie has a revelation that she is eternally living fictions of her own making, recycling narratives.

At the cosmic waypoint she lets go, allowing the universe to take on a life of its own. Princess Penny emerges through the wormhole on the soundstage, no longer Angie. The director calls cut, astounded at the realistic special effects. Penny smiles knowing this is a new chapter.

The film would need to balance Angie's grounded human journey with the metaphysical reveal. Visuals and music would help sell the trippy concept. The ending affirms imagination and surrendering control as the cosmic being learns to embrace life's uncertainty.

Underlying meta-narrative to be explicitly revealed in Valence 

It’s a loop, where Penelope is and inspires her many existences.

1. Tired of living someone else’s stories, Penny kills Angel, usurping her role as pilot of the Waypoint. She’s assumed control of storytelling; she’s now the curator of infinity, willing worlds into existence and killing those she deems unfit.

   1. At the start of sun.settings, Penelope has already assumed the role of Angel for eons.

2. Theo Ends is Penelope put on trial for killing Angel. Realizing all of her peers, friends, loved ones, and the very primordial forces of reality are mere extensions of herself, she reabsorbs each, taking the form of key figures from the franchise, characters from each of the properties that have assumed the totality of the abstracts they represent. Unsatisfied with the conclusion, she escapes Theo.
   
   

3. Penelope/Angel assumes the role of Penia, the Primordial Slayer, a mythic hero in a sci-fi fantasy world of great mystery, ravaged by Worldwarks, manifestations of creators of worlds beyond the control of the franchise. 

   1. She’s a champion of legacy in a universe undergoing a fundamental paradigm shift in how worlds are shaped and shared.
      
      

   2. With the last of the Worldwarks defeated, Penia’s world fades to nothing. With an uneasy peace, she sits and imagines a world without wonder. A simple world like our own. One who’s rules aren’t governed by mythic beings, but a banal simulacra of our own world. Wiping her own mind, she assumes the identity of Angie O’Hara. 

4. A Superman like origin, except she didn’t come from the stars, she willed herself into a simple childhood on a midwest farm. Her dreams of something more push her to become a pilot, ultimately leading her through a dazzling chain of events to become a world renowned starlett. Her whole, simple world admires her. But she still wants more. One night, she takes her plane and keeps flying upward. Like an Icarus incapable of reaching too near the sun, for it knows she’s the one who set it there. And she climbs higher. 

   1. “If you've ever flown before, you'd know exactly the feeling I'm talking about. Where it feels like not even the sky's the limit, it's just another stepping stone. I knew I couldn't keep going forever, but it sure felt that way. And I don't know what came over me, but I kept pulling up... And she kept climbing. And I shouldn't have gone forever. I shouldn't keep... Going forever. But it happened. And here I am.”

   2. Like waking from a dream, Angie finds herself in a world much like her previous, albeit less romanticized, in which she has complete control over events. She wants to be challenged. She wants to be loved, but she wants to have earned it. Each hardship she faces is her own doing. 

   3. Instead of a world famous starlett, she’s lucky to be cast in a low-budget sci-fi exploitation film by an unknown director, Common Cents, where she’s cast as Princess Penny.

5. On the last day of filming, knowing that she can’t stay in this world, that her sheer will would make Common Cents a success, and that she’d be endlessly trapped in the paradox of wanting love in earnest in a world of her own making, she brings the spaceship on set to life, and she flies it through the barrier of existence. 

   1. She finally lets go. She relinquishes control of the ship, and all of reality, into three core drives of the ship (which are heavily implied to be Time, Space, and Mind); a vast omniverse unfurling before her.

   2. Common Cents film reel is strewn into the core drives, thrust into the omniverse, ultimately serving to create the work that inspires Penelope, setting her up to be the hero of Time in Now Presenting
      
      

6. Penelope inevitably undergoes the same journey to breach the bounds of her Reality and usurp Angel’s place, closing the loop.