Legion M Entertainment

Offering Summary

Company	:	Legion M Entertainment, Inc.
Corporate Address	:	1801 CENTURY PARK EAST 24TH FLOOR, LOS ANGELES, CA 90067
Offering Minimum	:	$15,000.00
Offering Maximum	:	$3,000,000.00
Minimum Investment Amount (per investor)	:	$105.00

Terms

Offering Type	:	Equity
Security Name	:	Class A Common Stock
Minimum Number of Shares Offered	:	1,000
Maximum Number of Shares Offered	:	200,000
Price per Share	:	$15.00
Pre-Money Valuation	:	$48,512,836.00

Bonus Shares and Rewards

Legion M plans to offer shares of Class A Common Stock to investors under this offering pursuant to Regulation CF at a price of $15.00 per share. Shares sold in the current offering include bonuses and rewards that will be available for qualifying investors, including the grant of additional shares (“bonus shares”), exclusive merch, gift cards, and experiences.

Bonus Shares

Investors who meet the criteria below are eligible for bonus shares from Legion M. For example, if you buy 100 shares of Class A Common Stock at $15.00 / share, and qualify for 10% bonus shares you will receive 110 shares of Class A Common Stock meaning you'll own 110 shares for $1,500.

EXCEPT WHERE EXPLICITLY NOTED BELOW (I.E. LEGION M INVESTOR BONUS), BONUS SHARES CANNOT BE COMBINED -- if an investor qualifies for multiple bonuses, StartEngine will apply the highest bonus level. Bonus shares are granted in addition to any rewards earned (see below).

All bonus shares will be calculated during the checkout process and issued when each individual investment closes. Fractional shares will not be distributed and share bonuses will be determined by rounding down to the nearest whole share.

EARLY BIRD BONUS SHARES: Investors who purchase shares within the timeframes listed below qualify for Early Bird bonus shares.

● First 7 days: 15% bonus shares

● Next 7 days: 10% bonus shares

STARTENGINE OWNERS BONUS SHARES: Legion M will offer 10% bonus shares for all investments that are committed by investors that are eligible for the StartEngine Crowdfunding Inc. OWNer's bonus. This 10% bonus is only valid during the investors eligibility period. Investors eligible for this bonus will also have priority if they are on a waitlist to invest and the company surpasses its maximum funding goal. They will have the first opportunity to invest should room in the offering become available if prior investments are cancelled or fail. Details can be found on StartEngine’s website.

TIER BONUS SHARES: Any investor who makes an investment in one of the tiers below qualify for bonus shares based on the amount of their investment:

• TIER 3 ($225+): 7% bonus shares

• TIER 4 ($450+): 8% bonus shares

• TIER 5 ($900+): 9% bonus shares

• TIER 6 ($1,800+): 10% bonus shares

• TIER 7 ($4,950+): 11% bonus shares

• TIER 8 ($9,900+): 12% bonus shares

LEGION M INVESTOR BONUS SHARES: Existing Legion M investors from rounds 1 through 7 qualify for an additional 5% bonus shares IN ADDITION TO any other qualifying bonuses. To claim these bonus shares, investors must make their StartEngine investment with the same email their existing Legion M investment has been made.

Rewards

Every investor qualifies for one Reward Tier based on the amount of money invested:

● All Investors: Every Round 8 investor will have their name included in the credits of Man in the White Van, a feature film produced by Legion M that is expected to release in 2022. If an investor would like to change how their name is presented, or opt-out of having their name in the credits, they can do so at legionm.com/credits.

● TIER 1 ($105+): Exclusive Legion M round 8 t-shirt

● TIER 2 ($150+): Exclusive Legion M round 8 t-shirt PLUS $30 gift card for the Legion M store (shop.legionm.com)

● TIER 3 ($225+): Exclusive Legion M round 8 t-shirt PLUS $30 gift card for the Legion M store (shop.legionm.com) PLUS qualifying bonus shares (see above)

● TIER 4 ($450+): Exclusive Legion M round 8 t-shirt PLUS $60 gift card for the Legion M store (shop.legionm.com) PLUS qualifying bonus shares (see above)

● TIER 5 ($900+): Exclusive Legion M round 8 t-shirt PLUS $120 gift card for the Legion M store (shop.legionm.com) PLUS qualifying bonus shares (see above)

● TIER 6 ($1,800+): Exclusive Legion M round 8 t-shirt PLUS $240 gift card for the Legion M store (shop.legionm.com) PLUS qualifying bonus shares (see above)

● TIER 7 ($4,950+): Exclusive Legion M round 8 t-shirt PLUS $200 gift card for the Legion M store (shop.legionm.com) PLUS qualifying bonus shares (see above) PLUS 2 tickets to a Legion M red carpet premiere.

● TIER 8 ($9,900+): Exclusive Legion M round 8 t-shirt PLUS $400 gift card for the Legion M store (shop.legionm.com) PLUS qualifying bonus shares (see above) PLUS 4 tickets to a Legion M red carpet premiere.

Notes on Bonuses and Rewards:

1. Investors will be responsible for any shipping and sales tax related to a Reward.

2. Premieres typically occur in Los Angeles, but may also be available in other areas. Travel, lodging, and accommodations not included.

3. From time to time, Legion M may amend the Reward options at which point Legion will update our offering page at https://startengine.com/legionm.

4. Tax consequences for recipients (including federal, state, local and foreign income tax consequences) with respect to rewards and bonus are the sole responsibility of the investor. investors must consult with their own personal accountant(s) and/or tax advisor(s) regarding these matters.

Additional Notes

Please note that anytime Legion M uses the phrase the "world's first" or the "first" in relation to its business, these claims are based on the Company's knowledge and history of the industry only.

All perks occur after the offering is completed.

Irregular Use of Proceeds

We will not incur any irregular use of proceeds.

Form C Filings

Show More

Most recent fiscal year-end:

Prior fiscal year-end:

Total Assets

$1,381,289.00 USD

$2,178,867.00 USD

Cash And Cash Equivalents

$158,871.00 USD

$735,562.00 USD

Accounts Receivable

$9,922.00 USD

$21,583.00 USD

Short Term Debt

$449,951.00 USD

$328,395.00 USD

Long Term Debt

$0.00 USD

Revenues And Sales

$933,570.00 USD

$645,565.00 USD

Costs Of Goods Sold

$841,135.00 USD

$529,153.00 USD

Taxes Paid

$0.00 USD

Net Income

-$2,225,398.00 USD

-$3,645,356.00 USD

Risks

A crowdfunding investment involves risk. You should not invest any funds in this offering unless you can afford to lose your entire investment. In making an investment decision, investors must rely on their own examination of the issuer and the terms of the offering, including the merits and risks involved. These securities have not been recommended or approved by any federal or state securities commission or regulatory authority. Furthermore, these authorities have not passed upon the accuracy or adequacy of this document. The U.S. Securities and Exchange Commission does not pass upon the merits of any securities offered or the terms of the offering, nor does it pass upon the accuracy or completeness of any offering document or literature. These securities are offered under an exemption from registration; however, the U.S. Securities and Exchange Commission has not made an independent determination that these securities are exempt from registration.

Updates

Sundance 2022 Opens Today. Be a part of it with FILM SCOUT!

14 hours ago

Legion M is founded upon the idea that a company owned by fans can develop competitive advantages. Today, one of the best examples we have is Film Scout. If you aren't familiar with Film Scout, you can read about it in Forbes or Variety, or watch Legion M's president Jeff Annison talk about it in the video below (note: this video is a couple years old, but still gets the points across).

Not only is Film Scout a fun and easy way for our investors to get involved, it also generates results:

In 2019, data from Film Scout led Legion M to partner with Screen Media in the purchase North American Distribution rights for Memory: The Origins of Alien.
In 2020, data from Film Scout led Legion M to partner with Bleecker Street for the release of Save Yourselves.
In 2021, Legion M Elite Scouts chose Dan Steven's I'm Your Man as the inaugural pick of our "Film Scout Selects" program designed to find and showcase hidden gems.

If you want to see for yourself what Film Scout is all about, you can download it for free on iOS or Android. It only takes a couple minutes to score a couple matchups and contribute to the data pool. Or you can compete to join our Elite Scout program where you might be chosen to watch screeners of unreleased films to help our development team make decisions.

Best of all, since Sundance is virtual this year, everyone has the opportunity to participate from their living room! Tickets are still available for many films (starting tonight), making this an unprecedented opportunity to be an official Legion M Film Scout at one of the best known film festivals in the world and contribute to the success of Legion M and all its shareholders!

Onward and Upward!
-Jeff, Paul, Terri L, David, Eric, Michelle, Terri P, Mandy, Taylor, Brandi, Prophetess, Clare, and the rest of the Legion M team

Notice of Funds Disbursement

8 days ago

[The following is an automated notice from the StartEngine team].

Hello!

As you might know, Legion M Entertainment has exceeded its minimum funding goal. When a company reaches its minimum on StartEngine, it's about to begin withdrawing funds. If you invested in Legion M Entertainment be on the lookout for an email that describes more about the disbursement process.

This campaign will continue to accept investments until its indicated closing date.

Thanks for funding the future.

-StartEngine

Round 8 is Nearing the Cap!

22 days ago

Thanks to over 4,600 investors on StartEngine, Round 8 is officially the largest in Legion M history! it's also on track to be one of the quickest to reach the cap -- months before the round is scheduled to end.

As of this writing there is less than 10% of the current $3 million cap remaining. Once we hit the cap StartEngine will open a waitlist, but if you are planning to invest and want to ensure you get the current terms, we encourage you to do so now.

TEASER: Behind The Scenes Sneak Peek at “The Man In The White Van”

28 days ago

Want to know what it was like on the set of our latest film? In late October, Legion M wrapped principal photography on The Man In The White Van, a Hitchcockian true-crime thriller starring Sean Astin, Ali Larter, Madison Wolfe, and Brec Bassinger, with plans for release in 2022.

This is a big release for us - as the producer of the film (along with the financier Garrison Film and writer/director Warren Skeels), Legion M earns "producer fees" up front. We also own a "backend" stake in any profits the film generates. Like every film, The Man In the White Van is a swing for the fences -- if it's a home run we'll participate in the upside, but even if it isn't we'll receive revenue for our work producing the film.

Due to mandatory Covid protocols we were unable to bring investors to set this year. That’s why in 2022 we plan to release a series of behind the scenes videos to open a window into our 5 weeks of production. We’ll be introducing you to the cast and crew, sharing the triumphs and challenges, and showing how we produced our latest project. Click the button below to view a short trailer made from just a small fraction of the we’ve shot.

Happy Viewing and Happy Holidays!

Paul, Jeff, Terri L, David, Eric, Michelle, Terri P, Mandy, Taylor, Brandi, Prophetess, Clare, and the rest of the Legion M team

Information on Vote for Legion M Stock Split

about 1 month ago

On December 27 all Legion M shareholders (which includes Round 8 shareholders whose investments were part of our first two disbursements and are listed as "fully invested" on StartEngine as of 12/17/21) will have the opportunity to vote on a proposed stock split. We thought it would be worthwhile to share the information we're providing to them about the upcoming vote.

PROPOSAL

Legion M is proposing a 10-for-1 stock split (the “Stock Split”), which will convert each share of Legion M stock into 10 shares of Legion M stock. The price-per-share of stock after the split will be 1/10th the price-per-share before the split.

Final approval of the Stock Split will be made by stockholders, pursuant to a stockholder vote beginning on 12/27/21 to amend Legion M’s certificate of incorporation. If the vote passes, the Stock Split will occur after we stop selling shares for Round 8.

Below is a list of frequently asked questions and answers. If you have further questions, or would like to join a discussion about the Stock Split, please join us at 5PM PT on Monday December 27th for a livestream discussion with Co-founders Paul Scanlan (CEO) and Jeff Annison (President).

FAQ

What is a 10-for-1 stock split?

A 10-for-1 stock split means that every share of stock currently issued is converted into 10 shares, with each share having 1/10th the value of the pre-split share. For example, say you own 100 shares of a stock that’s worth $15 per share (total value = $1,500). After a 10-for-1 split, you would own 1,000 shares of stock worth $1.50 each (total value still = $1,500). It’s the equivalent of exchanging a $10 bill for ten $1 bills -- you still have the exact same amount of money, but are holding it in smaller denominations.

For more information, check out this Forbes article.

Does a stock split cause dilution?

No. The split affects every stockholder at the same time, so nobody is diluted. The percentage of the company you own, the value of your shares (in aggregate), and your voting power will be exactly the same after the split as they were before the split.

Are stock splits good for existing stockholders?

A stock split itself is inherently neutral in that it has no impact on your ownership, value, or voting %. That said, we believe a split may potentially make the stock more attractive for new investors (see "Why are you proposing a Stock Split?" below) and will help us achieve our goals of growing the Legion. We believe this will benefit all stockholders, which is why we’re proposing the split.

Somebody told me that stock splits were a bad sign. Why is that?

A stock split like Legion M is proposing is typically caused by growth in a stock’s price. “Reverse Splits”, where a company combines shares to increase the price per share are often caused by price declines, and are viewed by some investors as a bad signal. If somebody told you that a split was a bad sign, they were probably talking about a reverse split.

To be clear, neither a stock split (like Legion M is proposing) or reverse split is inherently good or bad, as they have no impact on your % ownership, voting, or value of your holdings.

Why are you proposing a Stock Split?

We believe Legion M’s future success is tied to our ability to grow the Legion. We believe that lowering the price per share of Legion M stock will make it more attractive to investors, and will provide us with greater flexibility in packaging the stock (i.e. setting up reward tiers and promotions) to help us grow the Legion.

What would you rather have -- 10 shares for $150, or 100 shares for $150? Even though the total value is the same, we believe many investors will prefer owning more shares.

This is particularly true at lower investment levels. Until now our minimum investment has been about $100, but in the future we may be able to lower that threshold, which would make the stock more accessible for smaller investors. With the share price in its current range ($10-$20 per share), we are very limited in what we can offer. If the share price was in the $1-$2 range, we would have far more flexibility.

Finally, in rounds 7 and 8 we’ve found that offering reward tiers and bonus shares have been very popular. When setting up these tiers, our current price-per-share creates a number of logistical challenges (primarily because we can’t issue fractional shares). Again, if the share price was in the $1-$2 range, we would have far more flexibility in setting up reward tiers that are fair and attractive to both large and small investors, which is in the best interest of all Legion M shareholders.

Who will make the decision?

Our existing stockholders will make the decision by voting their shares (i.e. 1 share = 1 vote). Our founders and employees have agreed to withhold their votes until the community has made a decision, at which time they have agreed to vote their shares consistent with the community-based vote. Thus, the decision will be directed entirely by our investors who purchased their shares via equity crowdfunding.

What does management recommend?

We recommend voting for the split, for the reasons outlined above.

When will the vote/split occur?

The vote was originally planned for November, but due to some delays in the closing process for early round 8 investors, it is now scheduled to begin on December 27th, 2021. If the proposal passes, the split will occur sometime after we stop selling shares for Round 8 and will be effective upon the filing of an amendment to Legion M’s certificate of incorporation.

Will round 8 investors get to vote?

Holders of Round 8 stock that were part of our first 2 disbursements (those listed as “fully invested” on StartEngine as of 12/17/21) will get to vote their shares. If you have any questions as to whether you were a part of these 2 disbursements, please contact StartEngine Investor Services at contact@startengine.com.

How do I vote?

Shareholders will receive an email with instructions on how to vote. You can also join the webinar at 5PM PT on Monday December 27th for complete instructions. The vote will be open for a full 7 days.

Notice of Funds Disbursement

about 1 month ago

[The following is an automated notice from the StartEngine team].

Hello!

This campaign will continue to accept investments until its indicated closing date.

Thanks for funding the future.

-StartEngine

William Shatner: The Future Is Worth Fighting For, And Fans Will Lead The Way

about 1 month ago

Two days ago we announced that William Shatner had joined the Legion M advisory board. Today, we'd like to draw your attention to the heartfelt love letter he wrote for SlashFilm, in which he talks about Legion M in a number of wonderful passages like this:

"...after returning from space, what excites me most about [Legion M] is their mission to UNITE. We live in an age when so many things are pulling us apart. Our politics, our media, and our technology are all optimized to exploit our differences. But when you look down from 300,000 feet, all that falls away. What remains is an appreciation of the word "humankind", and fierce desire to work towards a future defined by things that bring us together instead of those that tear us apart."

The wonderful thing about our relationship with Bill is how organically it developed. He’s not a paid spokesperson -- he's a shareholder of the company who genuinely believes in what we're doing. And while he does receive stock options as a Legion M advisor, those options will only have value if the company is successful.

Needless to say, we're delighted to be working with Bill, and excited to see where things go from here. If you haven't already, we encourage you to read his full letter -- there may not be a better introduction to Legion M!

ONWARD AND UPWARD,

Paul, Jeff, and the Legion M team

Breaking News: William Shatner Joins Legion M

about 1 month ago

READ WILLIAM SHATNER’S OP-ED ON SLASHFILM: The Future is Worth Fighting For, and Fans Will Lead the Way

BACKGROUND

As a company owned by fans, we work hard to harness the power of our community to make decisions. But as a business operating in an industry that is both extremely competitive and intensely confidential, there are many decisions that require the experience and insight of professional industry insiders. For that, we have our advisory board.

Our board includes dozens of professionals with centuries (literally!) of combined experience in the art and business of entertainment. These are people we call to review deal terms, check references, and make connections. Our advisors are not paid, but they do receive equity in the form of stock options. Their upside is the same as yours (and ours) — the value of Legion M stock.

Today, we’re excited to announce the newest addition to our advisory board, William Shatner.

ARTIST, ENTREPRENEUR, ROCKETMAN

Like Legion M, Bill is an innovator. As Captain James Tiberius Kirk in the original Star Trek series, he played a pivotal role in a cutting edge series with an undeniable cultural impact. The original Star Trek, which featured a Japanese helmsman, a Russian navigator, a Black female communications officer, and a human–Vulcan first officer all working in harmony was groundbreaking in that era of broadcast television. In 1968, Bill and Nichelle Nichols performed what is often cited as the first interracial kiss on broadcast television — just a year after the US Supreme Court struck down laws barring interracial marriages and relationships.

While everyone knows about the legions of Trekkies and Klingon-speaking-fans that make Star Trek one of the oldest and largest fandoms of all time, many don’t realize that the show — like Legion M — owes its very existence to the fans. Star Trek was initially cancelled at the end of Season 1. It took a letter writing campaign from fans to bring the show back. Without those fans, Bill’s career would have taken a wildly different direction (a fact which might help explain why he’s so excited about Legion M).

Of course, if you haven't seen Bill on Star Trek (the original series is available now on Amazon Prime), you’ve almost certainly seen him in one of his many other iconic roles ranging from TJ Hooker and Boston Legal to Miss Congeniality. Or maybe you simply know him as “The Priceline Negotiator”.

In addition to 70+ years performing in every medium from radio dramas to virtual reality, Bill also has a prolific body of work behind the camera as a writer/producer/director. He’s co-written a series of science fiction novels and released 8 spoken word albums, including (“Bill”), which was just released just this year to rave reviews.

Oh yeah, and he’s also been to outer space.

TO BOLDLY GO WHERE NONE HAS GONE BEFORE

We initially approached Bill about working on a project (an ICONS interview) with Legion M. Bill had to pass on that (he had other contractual commitments) but when we introduced the idea behind Legion M he was instantly interested. After a career in entertainment, Bill understands the power of fans. And after a successful experience with Priceline, we didn’t need to explain to him how options in a startup work.

Before agreeing to come on board, Bill asked us a lot of tough questions. He asked us about our equity structure, the salaries of the management team, and our financials. He wanted to understand how we were positioning Legion M to potential shareholders. He pointed out that as a public figure, the biggest risk to him was his reputation, and like any responsible investor, he wanted to check us out before getting involved.

So we answered his questions, and sent him our audited SEC filings (the same ones you can read here). In the end we were delighted when he agreed to join the company.

ONWARD AND UPWARD!

We couldn’t be more excited to welcome Bill to the Legion M team. He is officially the first Legion M shareholder in space, as well as the first to helm a Federation starship.

What excites us most about our relationship with Bill is how organically it developed. He’s not a paid spokesperson — he’s a shareholder of Legion M who genuinely believes in what we’re doing. Upon returning from space, he published an op-ed (which you can read in full at slashfilm.com) that includes this passage:

“...after returning from space, what excites me most about [Legion M] is their mission to UNITE. We live in an age when so many things are pulling us apart. Our politics, our media, and our technology are all optimized to exploit our differences. But when you look down from 300,000 feet, all that falls away. What remains is an appreciation of the word “humankind”, and fierce desire to work towards a future defined by things that bring us together instead of those that tear us apart.

With Star Trek, Gene Rodenberry envisioned a future that showcased the best of humanity. A future in which people of all races, creeds and colors worked together to solve problems and fight existential threats. The Starship Enterprise has always been a metaphor for the planet earth — a delicate habitat travelling through the lifeless black of space. And while I may not be at the helm of this starship, I’m proud to throw in my lot with those working towards the future Gene showed us. A future worth fighting for. A future worth uniting for.

This time, the fans will lead the way.”

Not much more we can say than that. Welcome to the Legion, Bill! You’re going to fit in just fine. :)

Listen to the Legion M founders on KingsCrowd / Join us for a Live Investment Presentation Tomorrow

about 2 months ago

When we started Legion M in 2016, equity crowdfunding was brand new and everyone was trying to figure out how it would work. One of the early pioneers we met was Chris Lustrino from Kingscrowd.com, who had an idea to build the "Bloomberg of equity crowdfunding" by providing data, analysis, and coverage of this new and unique asset class.

Over the years we've had several interviews with Chris as our respective companies have grown and equity crowdfunding has evolved. It's always a pleasure to talk with people like Chris who have deep understanding and appreciation of how the power of community can change the world. A couple weeks ago we recorded the latest episode of his podcast, which you can listen to at: https://kingscrowd.com/kingscrowd-startup-investing-podcast-episode-30/.

Also, if you'd like to learn more about Legion M, please join us tomorrow at 3PM PT (6PM ET) for a LIVE investment presentation with Paul, Jeff, and other members of the Legion M management team. Register now at invest.legionm.com.

Onward and Upward!

The Legion M Team

Welcome to our first batch of Round 8 Shareholders!

about 2 months ago

Today we're excited to welcome the first 3,216 investors for Round 8!

If you aren't sure of your investment status, just check your StartEngine dashboard -- if it says "Funds Invested," then you are included in this first group. If not it likely means you will be in our next batch. If you have any questions, please reach out to StartEngine Investor Services by sending mail to contact@startengine.com.

For those that are now fully invested, please be sure to check your email for a welcome message from team@legionm.com. If your investment included a gift card, you should have received that via an email from orders@legionm.com. Finally, be on the lookout for an email from koreconx.com (our transfer agent) once your shares have been imported into their system, which will allow you to login and view your holdings (and participate in our upcoming shareholder vote!).

Don't hesitate to reach out if you have any questions about your investment. If you didn't make it in the first group don't worry -- we'll send another update once we've imported our next batch.

Onward and Upward!
Jeff, Paul, and the Legion M Team

Looking for Something to Watch Tonight? Introducing FILM SCOUT Selects.

3 months ago

INTRODUCING LEGION M's "FILM SCOUT SELECTS" PROGRAM

Legion M is proud to partner with Bleecker Street for the release of Dan Stevens in I’m Your Man, our first Official “Film Scout Selection.''

As a company owned by over 30,000 fans, Legion M is home to some of the most passionate movie buffs on the planet. Not only that, but after 3 years of running a successful FILM SCOUT program at Sundance, we’re also developing one of the foremost ELITE SCOUTING forces in the world. Our “Film Scout Selects” program is an attempt to harness those powers to create competitive advantages for the company.

The goal of the “Film Scout Selects” program is to find and showcase hidden gems. We want to shine a light on movies and shows that deserve to be seen, and help them rise above the noise. In exchange, Legion M earns a small financial stake in the project, along with other strategic perks or benefits. This is a way for Legion M to earn revenue (and foster relationships with artists, distributors, and other partners) by promoting films we believe deserve to be seen. Everybody wins!

The selections are made by our community -- typically by ELITE SCOUTS that have proven themselves as successful arbiters of good taste. Like Legion M, we expect the selections to be extremely diverse in genre and tone. The common thread these projects share is that they come recommended by fans. You may not like all of them (this is art after all, we’re not supposed to agree!), but we hope the Official "Film Scout Selection” badge will lead people to discover some of the beauty that exists off the beaten path.

There’s no better example than our first selection, Dan Stevens' (Downton Abbey, Legion, Beauty and the Beast) I’m Your Man. If you are like most people, you probably don’t spend a lot of time scouring the “German Sci-Fi Romance” category, which means you’ll likely miss this poignant treatise on the nature of relationships and love, featuring incredible performances by Dan Stevens and Maren Eggert. And while we understand if an art house film with subtitles isn’t your thing, our scouts were nearly unanimous in recommending it. As usual, they have exceptionally good taste — the film currently has a 96% Certified Fresh score on Rotten Tomatoes, and is the official submission from Germany for this year’s Academy Awards® for Best Foreign Film.

As always, we encourage you to watch the film for yourself and craft your own opinions. It’s currently available on-demand everywhere, but we encourage you to use the Legion M links below, as our stake in this movie is tied in part to the views that come from these links. If you like the film (or have friends you think would like it!), please feel free to share these links by posting them far and wide:

Watch Now on Amazon

Watch Now on iTunes

As with most things Legion M does, the “Film Scout Selects” program is a prototype. If it flops, we’ll move on to something else. But if the reception is strong, we believe there are a vast number of great projects out there that we can partner with to the benefit of Legion M shareholders and fans of quality cinema around the world!

Onward and Upward,

-Paul, Jeff, and the Legion M Team

That's a Wrap! Principle Photography Completed for THE MAN IN THE WHITE VAN

3 months ago

Reminder -- All Round 8 investors will get their name (or the name of a loved one) in the credits of Man In The White Van. For details go to startengine.com/legionm.

Last week Legion M wrapped principal photography on our feature film The Man In the White Van. This is a pretty big deal, and a significant milestone for the company. We wrote this update to explain why.

BACKGROUND

The Man In The White Van is an elevated true-crime thriller currently being produced by Legion M:

Set in 1974 in Florida, this true-crime, Hitchcockian thriller about an ominous white van that begins stalking a young girl leads to a terrifying Halloween nightmare.

You can read more about the movie here. It’s not a horror movie, but a smart, taut thriller. And while it deals with a real-life serial killer, it is not a movie that glorifies violence or predators. We take the responsibility of a film with this subject matter seriously, and have an extremely tight and engaging script, as well as a plan to support victim’s rights that we’ll be talking about in a future post.

The movie has an amazing cast which includes Maddison Wolfe (The Conjuring 2, I Kill Giants), Sean Astin (Rudy, Lord of the Rings, Stranger Things), Ali Larter (Final Destination, Resident Evil, Legally Blonde), Brec Bassinger (Stargirl, 47 Meters Down: Uncaged) and Skai Jackson (Bunk’d, Jessie). It’s co-written and directed by Warren Skeels (Siesta Key) who also happens to be a first round investor in Legion M! We didn’t produce his movie because he’s an investor -- we’re producing it because he’s an incredibly talented director who wrote a first-rate screenplay -- but nothing makes us happier than working with people like Warren who have been with Legion M from day 1.

SHOOTING

The film was shot in Shreveport, Louisiana over a 5 week period. Legion M had a number of staff members on set, including Terri Lubaroff (our COO & Head of Content) who served as producer alongside Anne Marie Gillen (Fried Green Tomatoes) from Garrison Film. If you are not familiar with the structure of film crews, the producers (Terri and Anne Marie) are the “big bosses”, responsible for everything from overseeing budgeting and casting to ensuring that production runs smoothly with a cast and crew of almost 100 people.

We could write an entire book about what it was like to produce this particular movie. In addition to all the normal challenges of making a film, we also had to deal with COVID compliance in a region with one of the highest positivity rates in the country (we are happy to report that our shoot was 100% COVID FREE!). We also weathered two named storms (Tropical Storm Nicholas and Hurricane Ida), a gas leak that shut down production, equipment failures, a mosquito bloom, and a cast that included children, horses, and snakes!

Fortunately, we were graced with a cast and crew that was up to the task. They were amazing (including the children and horses -- the snake was a bit of a diva). A typical production “day” is, at minimum, 12 hours of non-stop, on-the-go, fast-paced filmmaking and problem solving. We put “day” in quotes because, as much of the story takes place at night, ¾’s of the shooting days happened either partially or entirely at night (aka 6pm-6am). When we wrapped on October 16, the team was exhausted to say the least, but excited and optimistic about what we had accomplished.

It’s worth noting that in addition to writer/director Warren Skeels, we also had a number of other Legion M investors on set, including Terri Piñon and Michelle Carter (COVID Compliance), Matt Conkling (PA in charge of picture cars), Taylor Gledhill (behind the scenes footage), Eric Lam (transportation and talent escort), Glen Grefe (assistant location manager), and some local Legion M members as background actors in several scenes. In normal times, we would have loved to have opened up the set to tours for our investors, so they could experience what it’s like on the set of a feature film. Due to the strict COVID protocols required by the unions (as well as our own commitment to keeping our cast and crew safe), we had to scrap those plans. Fortunately, we brought our very own Taylor Gledhill who captured a massive amount of “Behind the Scenes” footage (including the photos below) that we’ll be releasing in the coming weeks and months, and should give ALL our investors a taste of what it was like behind the scenes making this movie.

WHAT COMES NEXT

Now that shooting is complete, our editor is working to create a first draft “rough assembly” of the film. Ultimately we expect the final cut to be completed in Q1 or early Q2 of 2022, with a release tentatively scheduled for Q4.

We don’t yet know what the final release plan will be. We’re already in discussions with a number of US distributors that have shown interest in the film, and have partnered with XYZ Films for International sales. We may start by taking the movie to film festivals, or we may go directly to release. At this point, everything is on the table – from selling to a streamer to a full theatrical run. A lot will depend on how well the final cut of the movie is received by audiences. That’s the true test -- after all the blood sweat and tears, what matters most is what audiences think when the lights come up.

BUSINESS TERMS

Legion M is producing The Man In The White Van, along with Garrison Film (the financier) and writer/director Warren Skeels. This means that we earn revenue from the project in two ways:

1. We get paid “producer fees” for our role in producing the movie.

2. We have a percentage of the “backend”, or any profits the film makes after expenses are deducted.

Like many of our projects, The Man In The White Van is a swing for the fences. Our hope is that the movie becomes a hit, in which case the company will participate in the upside. But even if the movie doesn’t fare well, we’ll earn revenue from the work we did producing it. This is a powerful position to be in, and one that we’ve earned as a result of all our work on projects leading up to this one.

With our earliest projects, Legion M had to buy a seat at the table, by making investments in films. As we grew, we were able to earn a seat at the table, receiving upside in a film simply by attaching ourselves to it. Today, projects like The Man In The White Van allow us to get paid to sit at the table (in the form of producer's fees), while still owning upside in the film.

As we grow, we expect this trend will continue. The larger the Legion gets, the more influential we become, and the better terms we are able to negotiate. Every project we attach to is a swing for the fences. Take enough swings and we should get hits. Get enough hits (or better yet, franchises), and it can fundamentally change Legion M’s position in the industry, until someday, Legion M owns the table! :)

ONWARD AND UPWARD!

-Jeff, Paul, and the Legion M Team

Gang’s all here! The Williams family, loaded up on the process trailer (a rig that tows a picture car, so that the actors can focus on acting, not driving). Left to right— Ali Larter, Madison Wolfe, Gavin Warren, Brec Bassinger, Sean Astin.

Our hero car on its way to the drive-in movie theater. Fun fact: you can’t actually drive to the set where we shot the drive-in theater scene by taking this roadway. If you were to follow the sign, you would end up in a lake!

Director Warren Skeels (left) and Director of Photography Gareth Paul Cox (right) discuss the camera move for the next shot.

2nd AC (2nd Assistant Camera) Matt Koesy calls the roll. The clapboard is used to sync sound and video, and make it easy for the editor to identify each take.

Ali Larter (left), Brec Bassinger (center), and Madison Wolfe (right) pose for a behind-the-scenes photo.

1st AC Gerard Martin changes lenses.

Shooting exteriors with the picture car outside our main “Williams House” location.

Sometimes you need an extra person to really fill out a scene— So we threw an FBI jacket on our 1st AD (1st Assistant Director) Duane Journey and POOF— he’s in the movie.

Show More Updates End of Updates

Comments ({{profileCtrl.startup.comments_count}} total)

{{comment.user.firstName}} {{comment.user.lastName}} {{comment.user.firstName}} {{comment.user.lastName[0]}}. se owner {{comment.user.numberOfInvestments}} {{ comment.user.numberOfInvestments > 1 ? 'investments' : 'investment' }} - Legion M Entertainment {{comment.created_at_in_words}}
Pinned by Company

You reported this comment as inappropriate.

{{reply.user.firstName}} {{reply.user.lastName[0]}}. - Legion M Entertainment {{reply.created_at_in_words}}
Pinned by Company

You reported this comment as inappropriate.

{{ reply.upVote }} {{ reply.upVote }}

{{ comment.upVote }} {{ comment.upVote }}