The Legion M Entertainment offering is now closed and is no longer accepting investments.

Legion M Entertainment

The world's first FAN-OWNED entertainment company.

Legion M Entertainment

The world's first FAN-OWNED entertainment company.

LOS ANGELES, CA
Film & Video
Legion M is the first entertainment company built to be owned by fans. Enabled by disruptive new securities laws, we're giving you a seat at the table -- and a stake in the outcome -- as we unite fans to shape the future of Hollywood!

$3,848,856

raised
$11,845,009
previously crowdfunded
6,676
Investors
$48.5M
Valuation
$15.00
Price per Share
$105.00
Min. Investment
Common
Shares Offered
Equity
Offering Type
$3.85M
Offering Max
0
Days Left

$3,848,856

raised
$11,845,009
previously crowdfunded
6,676
Investors
$48.5M
Valuation
$15.00
Price per Share
$105.00
Min. Investment
Common
Shares Offered
Equity
Offering Type
$3.85M
Offering Max
0
Days Left
This offering ended on May 01, 2022 and is no longer accepting investments.

Reasons to Invest

MOONSHOT OPPORTUNITY: Founded by Emmy-winning digital pioneers, Legion M is using disruptive new securities laws (the JOBS Act) to innovate in a multi-trillion dollar global industry.
INFLECTION POINT: The company is at an inflection point, with growing revenue and some of the biggest announcements in our history (see below).
MAKE HISTORY: Join nearly 30,000 investors uniting to create the next great media company!

BREAKING NEWS:

 

  • In November of 2021 Legion M announced that legendary actor/artist William Shatner had joined the Legion M advisory board, officially making him the first Legion M shareholder to go to space (and the first to helm a Federation Starship!)
  • We packaged and sold our first TV series! In August of 2021 Legion M signed a deal with a major streaming company for the sale of an adult animated series. Due to confidentiality agreements we cannot yet reveal the name of the series or the partner, but the project is in development at the streamer with a release expected in 2023 (though it’s always possible shows at this stage could be delayed or cancelled). 
  • We’re producing a new movie! In October we completed principle photography for The Man In the White Van, an elevated true-crime thriller starring Sean Astin, Ali Larter, Madison Wolfe, Brec Bassinger and Skai Jackson. The film is produced by Legion M and Garrison Film with financing provided by Garrison Film. The film is expected to release in 2022.
  • Forthcoming Stock Split. Legion M shareholders recently passed a proposal for a 10:1 stock split. This is the last chance to purchase shares before the split, which is slated to occur after the $3.85MM cap for Round 8 has been reached.

OVERVIEW


FANS OF THE WORLD, UNITE!


We founded Legion M because we saw a once-in-a-lifetime opportunity to create an entertainment company OWNED by fans.

 

Why? Because no matter where you sit in the value chain, a built-in audience is one of the most valuable assets in entertainment. By uniting fans as shareholders, we’re creating a built-in audience for everything we do. 



Legion M’s logo is the Roman numeral for 1 million. That's because our long-term goal is to unite 1 million fans as shareholders of the company, creating a massive grassroots audience — a Legion of fans — that we believe could make Legion M one of the most influential companies in Hollywood.



TEAM


Emmy-Winning Digital Pioneers

Co-founders Paul Scanlan and Jeff Annison are Emmy-winning serial entrepreneurs and digital pioneers. In 1999, the duo (along with one other cofounder) started MobiTV, the first company in the U.S. to launch live streaming television on mobile phones. From 2003 to 2009, the trio grew the company into a worldwide leader in streaming media with 300+ employees, more than $100 million of VC investment, and an Emmy Award for innovation in television. 


In addition, Legion M has attracted a top-tier advisory board that includes legendary actor William Shatner, billion-dollar producer Dean Devlin, author/entrepreneur Eric Ries (author of “The Lean Startup"), and current/former executives from Netflix, Sony, Lucasfilm, Epic Games, and MGM. 


PROJECTS


Invest in a Diversified Slate of Projects

Since Legion M was founded in 2016, we’ve developed a slate of projects diversified across genre, medium, business model, and risk profile. We’ve demonstrated an ability to work with top tier partners, from billion-dollar producers like Dean Devlin (Independence Day, Stargate, Leverage, The Librarians) and Michael Uslan (Batman, The Dark Knight, Joker) to renowned creators like Stan Lee (creator of the Marvel Universe) and Kevin Smith (Clerks, Dogma, Mallrats) and top-shelf distribution partners including NEON (Parasite, I Tonya), Bleecker Street (The Assistant, Beasts of No Nation), Searchlight (JoJo Rabbit, The Shape of Water), SpectreVision (No Man of God, Color out of Space) and Nederlander Worldwide Productions (Hamilton, Wicked, The Lion King).


TRACTION


Note: This chart shows gross revenue only. For complete audited financial statements along with management's discussion and analysis of the results, please see the offering document.


  1. Legion M's share price is not set on an open market the same way a publicly traded stock is. Instead, the company sets the stock price, and the public decides whether or not they would like to buy it.
  2. Beginning in Round 7, Legion M’s offerings included the opportunity to receive bonus shares as a reward, which changes the effective share price paid by the investor. 
  3. The average effective share price for Round 7 was determined by dividing the total amount raised by the total number of shares issued (inclusive of bonus shares). 
  4. The effective share price for Round 8 depends on the amount invested and the bonuses (if any) the investor qualifies for.

THE PROBLEM


Entertainment is a “hit-driven business” 

Entertainment can be extremely lucrative, but is also unpredictable. Consumer trends, technologies, and distribution models are constantly changing. Movies and TV shows are expensive bets, with budgets that can reach the tens or hundreds of millions of dollars. Every project has potential to be a breakout hit...but even the biggest names in the business sometimes strike out.


How can you improve your odds of success?



THE SOLUTION


Harnessing the Power of Fans

While technologies and trends will come and go, there’s been one constant in entertainment since the earliest days of silent film: the importance of the audience. It's the audience (or lack thereof) that determines success or failure, and the audience that’s responsible for every penny in ticket sales, subscription fees, and advertising revenue.



That's why a company owned by fans is such a powerful idea. When we pool our collective power, we have potential to:


  • Fill theaters opening night
  • Negotiate better terms
  • Attract the best talent
  • Harness the "wisdom of the crowd" to make decisions
  • Find the next big thing
  • Reduce downside risk
  • Increase the chance of creating a hit

We believe that by harnessing the power of fans, Legion M can create SUSTAINABLE LONG TERM COMPETITIVE ADVANTAGES that could potentially make Legion M one of the most influential companies in Hollywood.



OPENING THE GATES OF HOLLYWOOD


HAVING FUN = GOOD BUSINESS

Most companies view investors simply as a source of capital. For Legion M, they are the foundation of our business. We are a community as well as a corporation, and our job is to create value for this community with things like:

  • Invitations to red carpet premieres
  • Set visits
  • Roles as extras in our films
  • Special events (e.g. Stan Lee Handprint Ceremony, Saturn Awards, etc)
  • Opening weekend meetups for movie releases
  • Online Q&A’s with actors, directors, and other Hollywood insiders
  • Special Investor-Only offers, discounts, and invitations
  • Lounges at events like Comic Con and Sundance Film Festival
  • FILM SCOUT app and Elite Scout Program
  • Inclusion in the Legion M production credit 



The wonderful thing about a fan-owned company is that financial ROI and fun are not mutually exclusive. The more engaged and excited our audience is, the more buzz and value we create for the project, which in turn increases the project’s chances of success to the benefit of the company and all of its shareholders.

OUR BUSINESS


HOW WE MAKE MONEY

Legion M has growing revenue from a diversified array of business models. We focus on areas where we can use our community to create competitive advantages, including: 


WHY INVEST


Let’s Make an M-Shaped Dent in the Universe!

Entertainment is a multi-trillion dollar industry, and we believe Legion M is the sort of idea that can transform it. If we’re successful in achieving our goal of 1 million shareholders, we believe Legion M could become one of the most influential companies in Hollywood.


*Assumptions: Market Caps are as of 9/28/21, height of 1 floor = 14 feet (same as Empire State Building). Presented to illustrate the relative stage of companies’ development; there can be no assurance as to future growth.


Source | Source









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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

:

$3,850,005.00

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

:

256,667

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: Round 8 investors whose investment has closed by March 1st, 2022, 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.

Insider Investment Notice

Officers, directors, executives, and existing owners with a controlling stake in the company (or their immediate family members) may make investments in this offering. Any such investments will be included in the raised amount reflected on the campaign page.

Irregular Use of Proceeds

We will not incur any irregular use of proceeds.

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
$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
$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

New Project Alert: THIS IS NOT FINANCIAL ADVICE

18 days ago

Over the past few years there has been an explosion in the number of ways an average investor can invest their money. In the "olden days" (i.e. 5-10 years ago) retail investing was a stuffy suit-and-tie sort of affair that felt inaccessible to most. The things available to invest in -- stocks, bonds, mutual funds, etc. -- had been well established for decades.

Today the barriers to entry are gone, and anyone can invest with a click on their phone. The world of assets you can invest in now includes things that were previously inaccessible (e.g. fine art, exotic cars, and even startup companies like Legion M) as well as things that didn't even exist a few years ago (e.g. crypto currency and NFTs). 

Investors' biggest problem today isn't ACCESS to investment opportunities, but INFORMATION that allows them to separate the signal from the noise.

This is one of the big reasons that Legion M signed on as an executive producer for the upcoming documentary feature This is Not Financial Advice. Produced by the exceptional documentary team at Optimist, the film promises to "explore the psychology of investing through the story of the "Dogecoin Millionaire" (a guy who cashed out his life savings to invest in a joke cryptocurrency) and a generation of new investors powered by the internet and social media." In addition to being wildly entertaining, the documentary serves as an informative look at the investment landscape of today, contrasting some of the wildly different strategies investors employ as they attempt to conquer it.

As an executive producer, Legion M has made an equity investment in the production of the documentary with potential to earn revenue based on its performance. In addition, we have a marketing partnership in place in which Legion M will earn revenue and work with the Optimist team to promote the film.

The release date is TBD, but is expected to be sometime in late 2022 or 2023. We'll share more information once we've got it, but in the meantime you can learn more by visiting the landing page.


Last Day to Order a First-Edition Investor Certificate!

27 days ago


Today (May 31st) is the last day to purchase a premium First-Edition Investor Certificate featuring the “Spotlight” artwork. While we plan to release variants of the Investor Certificates in the future, we will not offer this first-edition artwork again.

SHOP NOW!

Like most companies today, Legion M's shares are managed digitally without need for paper certificates (ours are held for free to all shareholders at https:legionm.koreconx.com). The certificates we are offering do not provide legal proof of ownership — they are limited edition collectibles for investors who want a physical certificate to showcase their investment in Legion M.

Highest Quality Materials & Attention To Detail

  • Each 12" x 12" certificates arrives protected in a black on black soft touch folder with LuxFX spot UV Legion M print
  • 100% cotton paper from Crane — a storied company with roots making paper for historic events ranging from Statue of Liberty Inauguration Invitations to currency paper for the US Mint
  • Multi-color (red, gold, and black) registered foil embossings and debossings
  • Limited First-Edition print of the “Legion M Spotlight” artwork, showcasing the first 5 years of Legion M projects.
  • Blind emboss of the Legion M Seal
  • Optional ability to get personalized with your name
  • Once the first-edition print run is complete, we will not release a certificate with this artwork again.

For more information on what these certificates mean and why we are offering them, please check out this blog post. As always, if you have questions, don't hesitate to reach out to team@legionm.com.

SHOP NOW!

Onward and upward,

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

Kit Harrington joins the cast of "Mary's Monster"

30 days ago

In case you missed the email last week, we wanted to make sure you saw the exciting Legion M news out of Cannes Film Festival! 

Kit Harington (Game Of Thrones) has signed on to Mary's Monster, a film Legion M is executive producing in conjunction with with James Corden’s production company Fulwell 73 & Rose Pictures. Clara Rugaard (I Am Mother; Teen Spirit; The Rising) has been cast in the lead role of Mary Shelley. BAFTA (the UK equivalent of the Academy Awards) award-winning director Farren Blackburn (The Fades, Daredevil) is attached to direct.

Mary's Monster is a strikingly original, high-concept rock ‘n roll take on Mary Shelley’s mental struggle to write her seminal novel Frankenstein. This genre-busting film brings to life the monster like never before, appearing to Mary as the manifestation of her own fragile and damaged psyche. Re-imagining the anarchic, turbulent, hedonistic spirit of the Romantic era, Mary’s Monster will redefine period film for the modern YA audience.

The film is seeking finance and distribution at the Cannes film market with Metro International and CAA Media Finance repping.

For the purposes of Legion M's financial reporting, this film is classified as a development project because it has not yet secured production financing. If you aren't familiar with the way Legion M defines our projects, here's a description from our SEC filings: 

Development generally refers to the earliest stages of the content production cycle, when production companies invest time, money, and “sweat equity” to develop, package, and sell movies, TV series and other entertainment projects. Examples of development activities include reading and evaluating scripts, licensing IP, packaging talent (e.g. showrunners, actors, directors), creating pitch materials, and pitching projects to financiers, studios, streaming services, networks, distributors and other potential partners. The goal of development is typically to package a project for financing and/or sale so it can be produced.

In the case of Mary's Monster, Legion M has attached to the film as an Executive Producer. We've invested development money with a chance to earn a return if the film enters production. We also have a stake in the backend with potential to generate revenue based on the film's success, and are exploring the potential of merchandise and/or marketing partnerships.

Click the links below to learn more about the project, read the article on Deadline, and check out our discussion with director Farren Blackburn and Producers Rose Ganguzza (Rose Pictures), and Heather Greenwood (Fulwell 73).



LEARN MORE!

Legion M Executive Producing Simon Pegg / Minnie Driver Movie "Nandor Fodor and the Talking Mongoose"

about 2 months ago

Nandor Fodor and the Talking Mongoose stars Simon Pegg (left), Minnie Driver (middle), and is directed by Adam Sigal (right).

Last week Legion M announced a new feature film project: Nandor Fodor and the Talking Mongoose. The movie -- directed by Adam Sigal -- tells the entirely true (seriously!) story of a  Hungarian-American para-psychologist from the 1930's named Nandor Fodor who traveled to the the Isle of Man to investigate reports of a talking mongoose named Gef (pronounced "Jeff"). 

This week we're excited to release more information on the cast, led by the one and only Simon Pegg (Star Trek, Shaun of the Dead, Hot Fuzz, Mission Impossible, Star Wars) playing the lead role of Nandor Foder and Minnie Driver (Good Will Hunting, Rosaline) playing the role of Nandor's assistant "Anne". The cast is rounded out by Tim Downie (Good Omens), Ruth Connell (Supernatural), Paul Kaye (Game of Thrones), Gary Beadle (In the Heart of the Sea) and Drew Moerlin (V/H/S). 

Deadline broke the story with an article that included a quote from Legion M:

“Our shareholders have made it made it clear they value original stories and storytellers,” added Legion M’s co-founder and President, Jeff Annison. “We couldn’t be more thrilled to be working with Adam, Simon, and Minnie to bring this wildly imaginative story to the big screen.” For more, read the whole article on Deadline.

Legion M is an executive producer on the film, with a multi-prong deal that includes an equity investment, marketing and sales support, on-set activations, and merchandising. We also have a limited number of set visits available for Legion M investors who can get themselves to Leeds, UK -- click here to learn more

Like most film investments, Legion M's financial ROI will depend on the long-term success of the movie. We have multiple avenues from which to potentially generate revenue, including return on our equity investment, marketing fees, sales commissions, and merchandise.  That said, we believe this is one of those projects that will pay off no matter how well the film does. That's because -- like all our projects -- we evaluate success not just by the revenue it generates (which is nice), but also its ability to grow the size of our community (which we believe is THE KEY to our long-term success) and help us "level up" to bigger and better projects. The opportunity to work closely with beloved icons like Simon and Minnie -- as well as an exciting emerging voice in director Adam Sigal -- is one we hope will pay off for years to come.

Onward and Upward!

Round 8 SOLD OUT! So what comes next?

about 2 months ago


THANK YOU to each and every one of the 6,676 investors who made Round 8 the most successful in Legion M history. After selling out our initial cap of $3,000,000 earlier this year, we went back to the SEC and increased the cap to $3,850,000. Then in April it sold out again! 

This is good news for ALL Legion M shareholders as it show our momentum is continuing to grow. We just released our 2021 annual report (more on that in a subsequent update), and feel more bullish than ever about where we're headed. We don't know the exact shareholder count yet (we won't until we get disbursement lists from StartEngine), but we expect to have over 35,000 shareholders. And we're just getting started...

Now that round 8 is complete we've got a lot of exciting announcements to make. Here's a quick preview of some of the things to come:

  • NEW PROJECTS. We've got a bunch of great new projects to announce in the coming weeks, including some of our biggest and best projects yet!
  • STOCK SPLIT. StartEngine has told us it could take up to 60 days for them to fully close out the round, but as soon as it does we plan to split the stock, exchanging 10 Legion M post-split shares for every 1 pre-split share owned. 
  • WORLDWIDE TOAST. Once the dust settles on Round 8, we'll schedule a "Worldwide Toast" livestream where we can all raise a glass to what we've accomplished, and all that is yet to come.
  • HOLLYWOOD READERS ROOM. If you've taken the latest M-Pulse, you know what this refers to. If not, please take the latest M-Pulse!

As a fan-owned company, our strength comes from our size. For this reason, we believe that growing the legion is the single most important thing we can do to improve the company's odds of success. With a stated goal of 1 million shareholders, we expect that to include many more rounds of equity crowdfunding, starting with Round 9 which is expected to kick off later this year and has the potential to be the biggest push in Legion M history.

In the meantime, we just wanted to welcome all our new investors and say how honored we are to have you on the team.  As you know, the Legion M staff is investing alongside you -- not just with our money (almost everyone at Legion M works for below-market salaries in exchange for options in the company), but also our blood, sweat and tears. We are incredibly humbled by each and every one of you who is willing to entrust us with your investment, and are committed to making the most of it -- for all our sakes. What we're doing has never been done before, but fortune favors the bold.

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


Round 8 Ends Tonight + Fintech.tv interviews Legion M's Paul Scanlan at NYSE

about 2 months ago

REMINDER - ROUND 8 ENDS TONIGHT!


Recently Legion M's CEO Paul Scanlan visited the New York Stock Exchange, where he was interviewed by Vince Molinari from Fintech.tv. If you want to understand what Legion M is all about, this wide-ranging interview serves as a perfect introduction to how we believe the power of fans can shape the future of Hollywood.


Watch the full interview on Fintech.tv


Round 8 Ends Saturday -- Last Chance to Invest before the Split!

about 2 months ago

Just a quick reminder that Legion M's 8th round will end at 11:59PM on Saturday. StartEngine has cleared out all of the unfunded investments, and there is currently a little over $100K in space available. THERE WILL NOT BE A WAITLIST WHEN THE ROUND ENDS. Instead we'll retire the Round 8 terms and completely close all the investments so we can execute the 10-to-1 stock split (where every share of Legion M stock is turned into 10 shares) passed by our shareholders earlier this year (click here to read more).  

Onward and Upward!

-Jeff, Paul, and the Legion M team

Sneak Peek at Legion M's Comedy Project in Development with National Lampoon

2 months ago

REMINDER -- ROUND 8 ENDS IN 3 DAYS

At any one time Legion M has dozens of projects in "development". If you are not familiar with the term, "development" generally refers to the earliest stages of the film and TV cycle, when companies like Legion M invest time, money, and “sweat equity” to create, develop, package, and sell movies, TV series and other entertainment projects. The goal of development is typically to finance and/or sell a project so it can be produced.

This is one of the most speculative stages in the entertainment business because the odds of success for any given project are very low. There are millions of scripts and ideas in Hollywood--but only a very small percentage get made. That said, the potential value of developing a successful project can be be quite large. At one point Game of Thrones was just a series of books, and shows like American Idol were nothing more than a glimmer in the eye of producers. Every project we develop and every pitch we make is an opportunity to launch a new movie, series, or franchise.

Today we wanted to give you a first look behind the curtain at a project we’re developing in conjunction with National Lampoon (Animal House, Christmas Vacation, etc.). Our goal with the project was to develop a series that could tap into both the wisdom of the crowd and the wealth of talented creators that produce content daily on social media and YouTube. National Lampoon began in the 1970's as a place where emerging comedy voices came together to create something (initially a comedy magazine) of value. This show is a reimagining of that same process in an era of cellphones and TikTok. The working title for this project is "Legion of Comedy", although that -- along with everything else about projects at this stage -- is subject to change. 


Watch The Sizzle


We’re excited to bring the Legion M community into the process at such an early stage. We'd  love to hear any ideas you might have for hosts (feel free to think big -- the sky's the limit!) as well as feedback on the show. The link above will take you to a landing page where you can watch the sizzle video, and submit your feedback/ideas. Take a look and tell us what you think!

Onward and upward,

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

The Future of Legion M is in Your Hands -- Vote on New Projects and Initiatives with M-Pulse

2 months ago

REMINDER -- ROUND 8 ENDS THIS WEEK!

Legion M's M-Pulse surveys are one of the many ways our community's thoughts and opinions influence the direction of Legion M. Feedback from our investors and members helps guide us, and the "wisdom of the crowd" helps us make smarter choices about potential projects and initiatives in our pipeline. Many of the things we do are a direct result of the feedback we receive from M-Pulse.

The latest version of M-Pulse has three distinct sections:

  1. Potential Film and TV Projects: Read and rank projects under consideration or in development at Legion M.
  2. Hollywood Readers Room: IP drives our industry, and we looking for ways our community can help us find the next great story. Building on the success of Film Scout, we're exploring the idea of launching a book club where our community can play a direct role in selecting, evaluating and developing books for Film and TV.
  3. Direct Investments In Projects: If you’re an investor in Legion M, you already have a stake in everything we do. But as we’ve seen with projects like OneDoor Studios and Calculated, many of our investors are also interested in investing directly in projects alongside the company. We’d love to get your feedback on these sort of opportunities, and whether you’d like to see more of them in the future.


Try M-Pulse Now


Thank you one and all for being a part of Legion M. We hope you decide to participate in the latest M-Pulse and maximize your impact on our fan-owned endeavor.

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

Legion M Stock Certificates are now available -- What are they, and what do they mean for shareholders?

2 months ago

REMINDER -- ROUND 8 ENDS NEXT WEEK!



Last week Legion M launched our new Collectible Shareholder Certificates. We wanted to take a moment to talk about the product, and what it means for shareholders of Legion M.

 

BACKGROUND

Prior to the digital age, companies used paper stock certificates as proof of ownership. Like paper currency or the pink slip of a car, a stock certificate was a legal document that determined who owned the shares.

Today, these sorts of records are all held electronically (ours are at https://legionm.koreconx.com). This is a good thing – you don't need to worry about somebody stealing your certificate or selling you a counterfeit, and you can change your address without traveling to a company’s HQ and talking to the person who maintains the records in a big book using a quill. That said, there's also something very cool about old-school paper stock certificates, and we get a lot of requests for them. So we set out to create some of our own.

Since these certificates are not aren't legal documents, we decided to lean into the art, craftsmanship and collectibility. After all, the reason a lot of people want certificates is to hang them on their wall, and shares of notable companies are a collector's item in their own right. Our goal was to create an "heirloom quality" document that shareholders could hang on their wall with pride. If Legion M goes on to achieve our goals, we hope these certificates will become just as valuable as the early certificates issued by iconic companies like Disney and Ford.

Our plan is to issue multiple releases over time, with each “edition” featuring different artwork in the center. The first-edition design, available now through May 15th, features the "Spotlight Art" designed by Legion M shareholder Ben Lee, which celebrates our first 5 years of projects. Future releases will feature different artwork. The certificates/editions aren’t tied to what round you invested in or how many shares you bought – if you like this design go ahead and grab one. If not, feel free to wait for the next. If you find a second design you like sometime in the future, feel free to start a collection. Or don't buy any at all -- the choice is yours. As we said, this isn't a legal document but a fun way to show off shareholder pride and prove "I WAS THERE!" at this moment in space and time.


ABOUT THE CERTIFICATES

We spared no expense when it comes to materials and craftsmanship. In a day when so many products are disposable, we used 100% cotton paper from a storied manufacturer (Crane) responsible for the paper used for events ranging from The Queen Mother’s 100th Birthday Party to to the inauguration of Statue of Liberty. One of Crane’s first customers was actually Paul Revere, who used their paper to print some of the first currency of the American Colonies in the 1770s.

And while most paper products today are simply spat out of a digital printer, these certificates are made using 5 different mechanical operations (offset printing, stamping, embossing, debossing, and trimming) allowing the use of 3 different foils (red, black, and gold) and rich texture to accent the art deco-inspired "Golden Age of Hollywood" border design.

While the mechanical steps mentioned above all need to be done in very large volumes, we also wanted to be able to customize each print run with different artwork and personalize each certificate (for those willing to pay a small up-charge) with individual shareholders names. To accomplish this, we added a digital step as part of the process. That's why we're treating these as pre-orders -- we'll get all the names together and print as one big batch. Then we'll retire this design and wait until sometime later this year for issuance #2.

Ultimately, the product speaks for itself. While the video above (thank you to Taylor Gledhill) and product page (thank you to Eric Lam) show off a lot of finer details, it's not until you hold them in your hand and feel the cotton paper that one truly appreciates what a beautiful and unique piece of artwork these are. We couldn't be prouder of how they turned out, or the fact our merch and licensing program led by Mandy Bardisbanian has the ability to create such world class products.

 

HOW CAN I GET ONE?

The first-edition certificates featuring “Spotlight Art” design will be available through May 15th at https://shop.legionm.com/pages/investor-certificates


WHAT DOES THIS MEAN FOR LEGION M?

Obviously, Legion M isn't a paper products company -- we develop film and TV. As such this project isn't a strategic step on our path as much as a way to have some fun along the way. As with most of the products designed for our shareholders, we've priced it very fairly. Our aim with Legion M gear isn't to optimize for maximum profit -- we think of our shareholders more like "family" than "customers". At the same time, we don't want to lose money on a product like this – the goal of Legion M isn't to provide goodies for shareholders but to build a business that changes the world and increases the value of your stock.

The economics of this product were tricky. The mechanical manufacturing steps I mentioned above require investments in tooling and must be ordered in large quantities to achieve economy of scale. We had to go out on a limb, investing in design and development without knowing for sure if we'd be able to recoup. Fortunately, the early response from the community has been very strong, and we feel confident we made the right choice. And that's good news for all of us – whether you buy a certificate or not – as every dollar the company earns makes us stronger, decreases our need to fundraise, and takes us one step closer towards achieving our long-term goals.

Finally, it's also worth noting that while this particular product is targeted specifically at our community, MOST of our product sales (and the revenue they generate) come from outside our community. Our product development, merchandise and licensing capabilities are a HUGE asset for Legion M, and are proving to be a critical advantage as we grow and get involved in bigger and better projects. I'd like to write more about this, but that's another blog post for another time...

Onward and Upward!!


7 Days Remaining In Round 8

2 months ago

Just a quick update to let everyone know this is the last week for Round 8. We're very close to reaching our cap -- in fact StartEngine will be cancelling any stalled or unfunded investments to free up that space and ensure new investors don't get blocked out. If you are worried this might affect you, please check your StartEngine dashboard to see if they are waiting for actions on your end. If you have any questions, please reach out to contact@startengine.com.

This is the last opportunity to get the Round 8 share price and terms, as well as the last chance to get in before the 10-for-1 stock split approved by our shareholders earlier this year. If you aren't sure about investing, you can always join Legion M as a free member at https:/legionm.com/join. But if you are thinking you'd like to invest and take a swing for the fences with us, there will likely never be a better time.

Farewell to Round 8!

2 months ago

Round 8 has been one of our most successful rounds ever, but all good things must come to an end.

If you recall, we initially SOLD OUT the $3MM allocated for Round 8 earlier this year, but then refiled with the SEC to increase the maximum to $3.85MM. Now, that’s almost gone as well -- as of this writing, the round is 96% full, with less than $160K still available. 

If the round sells out again StartEngine will create another waitlist, but we will not increase the cap a second time. That makes this the last chance to get the round 8 terms, and the last chance to get Legion M stock prior to the forthcoming 10-for-1 stock split.

If you’ve already invested in Round 8, THANK YOU for being a part of this journey. We couldn’t be prouder of the history we’ve made together, or more excited about that which is yet to come!

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

Film Scout mention in BBC worldwide broadcast!

3 months ago

Legion M and Film Scout got a nice mention on BBC Click last weekend. The clip below was broadcast multiple times on BBC News and BBC World News, to viewers in over 200 countries and territories.


Legion M included in BBC SXSW roundup (begins at about 3:20 of the clip above)

Speaking of Film Scout -- there's just a few days left to make your picks for SXSW 2022. In order to compete for Elite Scout Status, you must complete at least 40 matchups by EOD this Sunday (March 27th). For those that don't know what Film Scout is, you can click here to learn more or simply download the app on iOS or Android. For those that do know about Film Scout, let's get scouting!!

Notice of Funds Disbursement

4 months 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

6,000 Investors!!!

4 months ago

We just wanted to take a moment to thank the 6,000+ investors that have made Round 8 the largest in Legion M history. We don't have an official count yet (we always have to wait until all the dust settles at the end of the round to determine the number of new investors vs. repeat investors), but we expect to cross the 35,000 total investor threshold soon. That's enough to send 3 Legion M'ers to every single movie theater in the United States! And we're only getting started -- we're not stopping until we can sell them all out!!

With less than 10% of round 8 left before we retire the terms and split the stock, this is an exciting time for Legion M. We're thrilled to have each and every one of you aboard as we continue our march towards 1 million shareholders. In the meantime, we'd like to leave you with a nostalgic Saturday morning "Thank You" in the hopes it starts your weekend on a good note. :)

Paul, Jeff, Terri, David, Mandy, Taylor, Michelle, Eric, Prophetess, Brandi, Clare, Ramona, Tyler, Coop, Greg and the rest of the Legion M team!!



Become a Legion M FILM SCOUT for South By Southwest!

4 months ago

The South By Southwest (SXSW) Film Festival is known for its eclectic program of blockbuster premieres mingling with hilarious, weird, and wonderfully bizarre films. For the first time ever we have expanded Film Scout to SXSW. Matchups are LIVE NOW through March 27th, when scoring for this festival will be locked.

If you’re not familiar with Film Scout, you can click here to learn more. To participate, simply download the Film Scout app to your iOS or Android device. It’s 100% free, and allows you to scout SXSW films whether you’re standing in line in Austin or lying on your couch. Compete for an invitation to join Legion M’s Elite Scout program (awarded to the top 5% of Film Scouts at each festival) while helping the company harness the wisdom of the crowd and potentially find our next big project!

If you want to WATCH the films playing at SXSW, there is an option for that too. They have a robust online offering accessible via their online badge which, while pricey at nearly $500, includes access to almost 100 films plus a number of other online networking opportunities. (Note - If you are planning to purchase an online badge, please contact us — if we have enough folks interested, we can get a group rate that might save everyone a little money.)

We’re excited to be taking this next step and expanding the scope of our Film Scout program (as well as our Elite Scout program). If you haven’t tried Film Scout yet, there’s never been a better time.

Happy Scouting!

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


Deadline Approaching to Update (or Add) Your Name to the Credits for THE MAN IN THE WHITE VAN!

4 months ago

Attention Round 8 Investors (and potential investors):

We’re getting close to “picture lock” for The Man In The White Van, which means we need to finalize the list of names to be included in the credits. TO BE INCLUDED IN THE CREDITS, YOU MUST INVEST IN ROUND 8 ON OR BEFORE FRIDAY MARCH 11th, 2022. At midnight on March 11th we’re going to retire this perk.

Everyone who invests in Round 8 prior to the deadline will be included. By default, we’ll use the name provided by StartEngine as your credit in the film. If you'd like to change that (to use a less formal name, to use the name of a loved one instead of your own, or to remove your name entirely) the deadline is also March 11th. You can request these changes at https://legionm.com/credits.

If you aren't familiar with The Man In The White Van, please check out this "behind the scene's" teaser, or scroll down to see our update from December 23rd, 2021. This is a big milestone for Legion M -- we're excited to share it with so many of our shareholders!



Last call -- unconfirmed waitlist investments expire at midnight!

4 months ago

We just wanted to provide one last reminder that all unconfirmed waitlist investments will be cancelled tonight at midnight. If you invested prior to the waitlist, you have nothing to worry about. Same for those that invested via the waitlist and have already reconfirmed this past week. But if you were put on the waitlist and haven't reconfirmed since the round reopened last week, you'll need to search your inbox for an email from StartEngine with the subject line "Action Required: Please Reconfirm Your Investment in Legion M Entertainment"

If you have any questions, please reach out to StartEngine customer support at contact@startengine.com.

Onward and Upward!

Shareholder Vote Results: The 10-for-1 Stock Split Passed - Here are Final Results and Next Steps!

4 months ago

BACKGROUND

From Dec 27th 2021 through Jan 7th 2022, Legion M held a shareholder vote on a proposed 10-for-1 stock split that would split every existing Legion M share into 10 Legion M shares. To read more about the proposal, please check out the Stock Split Proposal FAQ. The vote was conducted via KoreConX, Legion M’s SEC registered transfer agent and the keeper of the company’s cap table (i.e. the place where you can login to to see your shares). The vote allowed our equity crowdfunding investors made the final decision -- Legion M's founders and staff waited until AFTER all the community voted, and cast our shares according to their decision. 

RESULTS

The results of the vote were overwhelming, with 96.5% of shares held by our equity crowdfunding investors voting for the split, and just 3.5% selecting “Withhold from voting” to vote against the split. Based on this result, the Legion M founders and staff also voted their shares "For" the proposal.

After the formal vote concluded, Legion M also conducted a non-binding straw poll in the Legion M members-only Facebook group to confirm that the KoreConX vote was accurate. We wanted to ensure that there wasn’t a large contingent of people who were against the split but unable to vote and/or confused by the language used on the KoreConX interface. The results of the Facebook poll were consistent with the results of the KoreConX vote.

Based on these results, the SPLIT HAS OFFICIALLY PASSED.

NEXT STEPS

We are now working through all the logistics of amending our certificate of incorporation and splitting the stock within KoreConX. We recently refiled with the SEC to increase our fundraising cap for Round 8 (which has a limited number of shares remaining at https://startengine.com/legionm), but once that sells out we plan to retire the Round 8 terms and enact the split. Our current expectation is that this will occur in March or April, though that is subject to change if necessary.

Thanks again to everyone who participated in the discussion and vote. We couldn't be more excited about where Legion M is headed, and feel like this split will provide a great foundation for the future of Legion M and all our shareholders!

Onward and Upward!

On the wait list? Confirm your investment before it is too late!

4 months ago

We just wanted to give a quick reminder to everyone on the wait list that you MUST confirm your investment prior to midnight this Wed (2/23) or your investment will be cancelled. Check your inbox for an email from StartEngine or log into your StartEngine account for more details.

The extra room we made available in Round 8 is going fast, and once it's gone the Round 8 terms will be retired. That makes this the last chance to get the round 8 share price, the last chance to get in before the split, and the last chance (between now and March 13th) to get your name in the credits for The Man In The White Van.

If you are an existing Round 8 investor THANK YOU for making it one of the most successful in Legion M history. If you are thinking about joining Round 8 but haven’t gotten around to it...now is the time!

Legion M Shareholders in Super Bowl Ads?!?

4 months ago

2022 marked the first ever appearance of a Legion M shareholder in a Super Bowl Ad. Not just once, but TWICE!

Many people recognized Legion M advisor and shareholder WILLIAM SHATNER starring with Lindsay Lohan in a 30 second Planet Fitness commercial: 

 

But eagle-eyed viewers also spotted a second Legion M shareholder -- Round 2 investor JEFF AYARS playing Thomas Jefferson in this 60 second ClickUp spot:


For those that don't know him, Jeff Ayers is a longtime member of the Legion -- he even came out with us to work San Diego Comic Con in 2018!


Congratulations to both Bill and Jeff -- we’re proud to have you in the Legion! And it’s nice to know that when it comes time for Legion M to have Super Bowl ads of our own, we’ve got veterans like you to show us the ropes! :)

Round 8 Cap Raised to Accommodate Waitlist and a Limited Number of New Investors

4 months ago

When Round 8 reached its $3,000,000 cap on January 4th, it became not just the largest round in Legion M history but also one of the quickest to sell out. Over the past 6 weeks we’ve accumulated a waiting list of more than 500 investors hoping to get in.

Today, we have good news. The amount of money we can raise via Reg CF is limited to $5MM in a rolling calendar year, and as of yesterday we had about $850K available under that cap. As such, we refiled with the SEC to increase the Round 8 limit to $3,850,005. This will accommodate the entire waitlist -- and a limited number of new investors! 

If you are on the waitlist, please check your inbox for an email from StartEngine -- you must confirm your investment within the next week or it will be cancelled.

Note that once the $3.85 MM cap is reached, the Round 8 terms will be retired. That makes this the last chance to invest at the Round 8 share price, the last chance to get in prior to the 10-for-1 stock split and the last chance (between now and March 13th) to get your name in the credits for The Man in The White Van.

If you are an existing Round 8 investor THANK YOU for making it one of the most successful in Legion M history. If you are thinking about joining Round 8 but haven’t gotten around to it...now is the time!

Onward and Upward!
-Paul, Jeff and the Legion M team

Notice of Material Change in Offering

4 months ago

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

Hello! Recently, a change was made to the Legion M Entertainment offering. Here's an excerpt describing the specifics of the change:


The material amendment is being filed to increase the offering amount to $3,850,005


When live offerings undergo changes like these on StartEngine, the SEC requires that certain investments be reconfirmed. If your investment requires reconfirmation, you will be contacted by StartEngine via email with further instructions.

Notice of Material Change in Offering

4 months ago

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

Hello! Recently, a change was made to the Legion M Entertainment offering. Here's an excerpt describing the specifics of the change:


The material amendment is being filed to increase the offering amount to $3,850,005


When live offerings undergo changes like these on StartEngine, the SEC requires that certain investments be reconfirmed. If your investment requires reconfirmation, you will be contacted by StartEngine via email with further instructions.

To NFT or Not FT. That is the question...

5 months ago

Legion M was founded on the premise that an entertainment company owned by FANS can develop competitive advantages over the rest of the field. One of the tools we use for this is M-Pulse, which allows us to harness the wisdom of the crowd, gauge the sentiment of our shareholders, and benefit from the combined wisdom, experience, and passion of our community.

Our most recent M-Pulse launched this week, soliciting feedback and opinions on NFTs -- one of the most rapidly growing (and controversial) categories in collectibles and licensing.

Do you love NFT's? Hate NFT's? Wonder WTF are NFT's? Take a moment to weigh in with the latest M-Pulse and LET YOUR VOICE BE HEARD!

TAKE ME TO THE NFT M-PULSE!

Legion M is Hiring!

5 months ago

BACKGROUND
While Legion M has been involved with nearly every stage of film and TV production, one of the most exciting things we do is development. Development is where ideas get turned into reality and raw materials like scripts and IP (e.g. books, comics, etc) are combined with creators and in an effort to create a package that gets greenlit into production.

Development is one of the most speculative and high-risk activities in entertainment. There are millions of projects vying to be made, yet 99.9% will never see the light of day. The difference between success and failure is the difference between a project that generates revenue (and has the chance to become a hit!) vs. one that is written off as a total loss. A big part of Legion M’s proposition is our belief that a company owned by fans can create competitive advantages that improve our odds of success in getting our projects made.

Development also takes time. When you hear somebody giving an awards speech talking about the “10 years we spent working on this project”, most likely the bulk of that time was spent in the development stage. To invest in development is to make a long term bet, as even the quickest turnarounds are typically measured in years.

LEGION M IS HIRING!
2021 marked an inflection point for Legion M's development. We announced the sale of our first streaming series and produced the feature film The Man In The White Van – both of which were developed by Legion M. These projects represent a quantum leap for the company -- we graduated from the sea of those trying to develop projects to those who have successfully developed projects. That distinction makes a big difference in our ability to level up to even bigger and better projects. 

In 2022 we’re ready to double down. Our development slate is expanding rapidly, and our prospects have never looked brighter. Now we’re looking to expand our team with a new hire. 

We are looking for a talented creative development and sales executive to join our executive team and help take Legion M to the next level. This is a high level position (VP or above), and we’re looking for people who already have a proven track record of success developing and selling movies and TV.

If this sounds like you or somebody you know, we welcome all qualified applicants and, when possible, give preference to members of the Legion. Please take a look at our job posting below for more details and see if you can help us find the next Legion M staff member!


VIEW THE JOB DESCRIPTION

Round 8 Status Update

5 months ago

With over 5,000 investors and $3,000,000 in commitments, Round 8 has been Legion M’s largest and most successful round of fundraising yet. The round was officially oversubscribed on Jan 4th, and as of this writing (1/20/22), there is a growing waitlist that is getting longer by the day. We are working with StartEngine and our securities lawyers to see what we can do to accommodate the extra demand. If you would still like to invest in Round 8, please grab your spot on the waitlist by going to StartEngine.com/legionm.

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

5 months 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

6 months 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!

6 months 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”

6 months 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

6 months 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

6 months 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

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

7 months 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

7 months 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

7 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!

7 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

Join Legion M's Founders for a Live Investor Presentation

7 months ago

If you are interested in learning more about Legion M, we encourage you to join a live investor presentation with cofounders Paul and Jeff along with other special guests from the Legion M team.

We have two webinars currently scheduled -- one tomorrow at 10 AM PT, and the other next Tuesday Dec 7th at 3PM PT.

To register just go to https://invest.legionm.com

Hope to see you there!

-Paul, Jeff, and the Legion M team

Over $2 Million Committed!

7 months ago

With over 3,500 investors and more than $2MM raised, Legion M's 8th Round is on track to be one of our most successful rounds ever. While the round isn't scheduled to close until April of 2022 (which can always be amended) we're already over 2/3 of the way to our cap of $3MM.

THANK YOU to all of those who have made Round 8 so successful! It's been great to see so many returning investors -- the votes of confidence from those who know us best mean the world to us. It's also great to see so many new investors who have chosen to join us on this journey. The larger we get, the more powerful we become. And while what we're attempting has never been done before, we believe that when we unite we can do anything!

If you are still not sure about Legion M, we encourage you to join as a free member at https://legionm.com/join-legion-m. This will get you on the list for our events and information, as well as access to our members-only Facebook group where you can talk with other investors and see first-hand what Legion M is all about. If you decide you'd like to invest and own a piece of the company (and a stake in the upside if we succeed), that's great, but if you'd prefer to remain a free member, that's fine too. We're glad to have you as part of our cause even if you choose not to invest.

We've got a great announcement coming soon...stay tuned!


Onward and Upward!

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

Notice of Funds Disbursement

8 months 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

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

8 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


Notice of Funds Disbursement

8 months 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

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

8 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.

Join us Sunday for a Wrap Party Facebook Live from the set of THE MAN IN THE WHITE VAN

8 months ago


If you are new to Legion M, The Man In The White Van is movie Legion M is currently producing in conjunction with Garrison Film. It's an elevated true-crime thriller starring Sean Astin, Maddison Wolfe, Brec Bassinger and Skai Jackson. Legion M's COO and head of content Terri Lubaroff is a producer (i.e. one of the big bosses on set) alongside Garrison Film's Anne Marie Gillen (Fried Green Tomatoes) and writer/director Warren Skeels. For the past month or two, a decent chunk of the Legion M team (and a number of Legion M investors!) have been on set in Shreveport LA.


The film is wrapping TODAY, and to celebrate the folks remaining on set are having a small wrap party tomorrow afternoon at 3PM Pacific. Thanks to the wonders of Facebook live, we're all invited!


Here are the details:


After 5 weeks of action, hurricanes, stunts, car chases, horses, snakes, classic cars, working all day and sometimes all night, The Man In The White Van is “in the can!” We are so proud of our massively talented cast and crew who have produced this thrilling film, and we can’t wait to share it with the Legion. Without you, none of this would be possible!


Please JOIN US for a live window into the wrap party this Sunday at 6pm ET / 3pm PT. We’ll be broadcasting for about 30 minutes, swapping stories from set with some of the cast and crew, and toasting to the success of these last 5 weeks of production.

To be notified when we are live, RSVP here.

Once again, a huge congratulations to everyone in Legion M, and thank you for being a part of this momentous achievement for our company. 

Over $1.2 million raised in the first week!

9 months ago

THANK YOU to all of the new and returning Legion M investors who helped propel Round 8 to our strongest opening EVER! 

We've got some big announcements in the queue, so please stay tuned! In the meantime, we just wanted to thank all those who have chosen to take the plunge. We're honored and delighted to welcome you to the team!!


Onward and Upward!

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

Round 8 Friends and Family Bonus Expires Tuesday

9 months ago

"You know the phrase — “The early bird catches the worm.” There are perks to being early, right? Unless you are an early worm, but I digress....

In any case, we just want to make sure that everyone in the Legion M and StartEngine communities are aware that our "Friends and Family" bonus period ends Tuesday morning around 10 AM Pacific time. We set this bonus up as a special reward for those that know us best and/or have supported us in the past.  

If you’re curious to learn more about this and all the other great rewards in Round 8 (including the "Legion M Existing Investor" Bonus which stacks on top of the "Friends and Family Bonus"), please check out our campaign page. And if you want to learn about all the amazing Legion M news and updates (including our first TV series, an upcoming vote on a stock split, and our new Sean Astin, Ali Larter, Madison Wolfe, Brec Bassinger, and Skai Jackson movie), be on the lookout for our upcoming updates!

Finally, if you decide you'd like to join more than 1,000 other early birds who have become a part of the Legion since we launched on Tuesday, let me be the first to welcome you to the Legion!

Jeff Annison
President and Cofounder, Legion M

Hello StartEngine!

9 months ago

We just wanted to take a moment to introduce Legion M and our nearly 30,000 shareholders to the StartEngine community. We could not be more excited to be talking to you!

If you are not familiar with Legion M, you should start by knowing two things:

  1. We are ALL IN on equity crowdfunding. In fact, we were one of the very first Regulation CF companies to launch back on May 16, 2016. We believe equity crowdfunding has the potential to FUNDAMENTALLY TRANSFORM industries. It's not just a new way to raise money--it's a new way to build an entirely new type of company.

  2. Everything we do revolves around our shareholders. That's because Legion M's shareholders are the source of our superpower. The larger and more engaged our community is, the more powerful we become. Our long-term goal is to unite 1 million fans as shareholders -- a prospect that we believe could make Legion M one of the most influential companies in Hollywood. 

We've been preparing for this StartEngine launch for a few months now, and couldn't be more excited to kick things off. If you've got questions, please post them below in the comments. If you want to know us a little better, you can join Legion M as a free member at legionm.com/join. This will get you access to our MEMBERS ONLY Facebook group, where you can talk to other shareholders and see first-hand what we are all about. 

We've got a lot to talk about in the coming weeks, but we wanted to start by saying hi!

Onward and Upward!

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

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