Cryptid offering is now closed and is no longer accepting investments.
INVEST IN CRYPTID TODAY!
Produce a Horror Feature Film
$169,400 Raised
REASONS TO INVEST
TEAM
Brad Rego
Writer/Director/Producer - Managing Member
Kevin Provost
Director of Photography
Gina Zdanowicz
Composer
Peter Morris
Executive Producer
TERMS
Cryptid
Overview
PRICE PER SHARE
$100
DEADLINE
Dec 1, 2018
VALUATION
$100k
AMOUNT RAISED
$169,400
Breakdown
MIN INVESTMENT
$100
MAX INVESTMENT
$107,000
MIN NUMBER OF SHARES OFFERED
100
OFFERING TYPE
Equity
ASSET TYPE
SHARES OFFERED
MAX NUMBER OF SHARES OFFERED
3,741
Maximum Number of Shares Offered subject to adjustment for bonus shares
Maximum 3,741 Non-Managing Membership Units ($374,100)
Minimum 100 Non-Managing Membership Units ($10,000)
| Company | Cryptid LLC |
| | |
| Corporate Address | 130 Bay Ridge Parkway APT 2D, Brooklyn, NY 11209 |
| | |
| Description of Business | Manage, produce, and market a feature motion picture |
| | |
| Type of Security Offered | Non-Managing Membership Units |
| | |
| Purchase Price of Security Offered | $100 |
| | |
| Minimum Investment Amount (per investor) | $100 |
Recoupment: Investors will retain 100% of the Company’s ("Cryptid LLC") adjusted gross profits* up to the repayment amount of 100% of their investment, plus an additional 20% bonus, then a prorated share of 50% of remaining (net) profits.
*gross profits allocated subject to terms of Cryptid LLC Operating Agreement
Perks**
- $100+ Exclusive behind-the-scenes peek via email updates during production.
- $500+ Receive a "Special Thanks" credit in the film, as well as on IMDB.
- $750+ Take part in an exclusive live Q&A with the writer/director.
- $1,000+ A personalized Cryptid postcard to you, signed by the cast, director, and producer. Includes all previous perks.
- $2,000+ Receive one of the props actually used in the film. Could be a fake bloody arm, a fake gun, fake newspaper, etc... We'll give you some options.... See the movie with the cast and crew! One ticket to the premiere in New York City. (Time and date TBD). You’ll have to provide your own travel and accommodations. Includes all previous perks.
- $5,000+ Receive a piece of the creature suit. Could be a clawed hand or foot, leg, or head from the actual suit created for and used in the film. (Limited availability).Signed by the creator, if desired. Includes all previous perks.
- $10,000+ "Associate Producer" credit on screen and on IMDB. See the movie with the cast and crew! Two tickets to the premiere in New York City. (Time and date TBD.) You’ll have to provide your own travel and accommodations. Includes all previous perks.
- $25,000+ "Co-Executive Producer" credit on screen and on IMDB. Visit the set while we're filming! You and a guest get to meet the cast and crew and hang out. (Filming date/location TBD.) Four tickets to the premiere in New York City. (Time and date TBD.) Name a character in the movie, and it will be said in the film. It could be your name or a name of your choosing. We get to choose the character and to approve the final name though. Includes all previous perks.
**All perks occur after the offering is completed
Multiple Closings
If we reach the target offering amount prior to the offering deadline, we may conduct the first of multiple closings of the offering early, if we provide notice about the new offering deadline at least five business days prior (absent a material change that would require an extension of the offering and reconfirmation of the investment commitment).
Irregular Use of Proceeds
The Company might incur Irregular Use of Proceeds that may include but are not limited to the following over $10,000: Vendor payments and salary made to one's self, a friend or relative; Any expense labeled "Administration Expenses" that is not strictly for administrative purposes; Any expense labeled "Travel and Entertainment"; Any expense that is for the purposes of inter-company debt or back payments.
ALL UPDATES
11.30.18
HOURS TO GO!
SO THIS IS IT!!
The Cryptid campaign has but hours left to go before we close out all public offerings for good. My ability to update through the StartEngine website may get locked out after everything closes so I wanted take a minute and thank all of you for being involved in helping make this a successful campaign. This truly has been a dream come true for me, and I could not be more excited for the task ahead. So thank you thank you thank you.
And if you haven't invested yet, want to get more units, or tell your friends...as of this writing you've got about 15 hours.
Looking forward to working with all of you as we make this awesome movie!
-Brad
11.28.18
2 Days Left - Follow the Yellow Brick Road
Hello Hello Hello!
With 2 Days left, I wanted to send a message out specifically to all the followers of the campaign that have not invested yet, all 372 of you (768 followers, 396 Investors). So if you have already invested in our film, thank you, but you can delete this email, grab a sandwich, or resume your other email duties.
Group 372: I get it. You have been watching from afar, seeing the updates and the comments, playing it coy, not totally sure whether you want to fully commit. Maybe you were playing the field a bit and weren't ready to settle down, I understand.
However, we are reaching the end point. Once the campaign closes, we won't be able to update this page anymore, and all the discussions, comments, and production updates will take place through the investor email exchanges. Essentially our relationship will come to an end. Do you really want to miss out on where this goes? Wouldn't you want to keep the party going a little longer?
Now is the time to take a stand, come off the sidelines, and get in the game! (I know I'm mixing metaphors here, but you get the idea.)
By investing, even just the minimum, you will be included in everything that is to come as we move through pre-production, casting, shooting, editing, distribution, sales, and return. Doesn't that sound fun? I love the fact that you have been interested in seeing where this crazy ride has been going, but why get off now?
Come join us Group 372, we would love to have you be part of the team!
11.27.18
Final Live Q&A Video
Seasons Greetings Everyone! (I think I can officially say that now that Thanksgiving is past us)
Last weekend we did a 90 minute Q&A session about all things Cryptid. We had a bunch of people attend and they asked some really great questions. That being said, I took that video and edited it down to a more reasonable hour length. So if you didn't get a chance to attend the session, this will be more than you could ever want or need of hearing me talk in one sitting.
FINAL DAYS
Only a few days left to come on board!
Don't miss it!
11.24.18
Today's Q&A Starts in an Hour - LAST ONE
Note: If you can't attend but want a question answered, feel free to leave a comment in the following places:
Facebook: Facebook Event
Email: Cryptid Email
Twitter: Cryptid Twitter
11.23.18
Today's Q&A Starts in an Hour
Note: If you can't attend but want a question answered, feel free to leave a comment in the following places:
Facebook: Facebook Event
Email: Cryptid Email
Twitter: Cryptid Twitter
11.22.18
Happy Thanksgiving
I hope everyone has a great day today enjoying the holiday of over consumption. I know I will try, and fail, to not have that third piece of pie after dinner.
Anyway, if you are too stuffed to move tomorrow or don't have any interest in braving the Black Friday crowds, I just wanted to remind you all that our first of two YouTube Live Q&A discussions is tomorrow at 3pm (EST). I also wanted an excuse to put the Cryptid in a funny little hat again.
Nov. 23rd Broadcast Link - Nov. 24th Broadcast Link,
Note: If you can't attend but want a question answered, feel free to leave a comment in the following places:
Facebook: Facebook Event
Email: Cryptid Email
Twitter: Cryptid Twitter
Enjoy the day and see you tomorrow!
11.16.18
14 Days of Cryptid
Hello Everyone!
We are getting to the final days of the public offering of Cryptid. Only two weeks left in fact! So if you haven't invested yet, this is your last chance to get on board and join us in making this movie.
Also if you are a new follower to the campaign, or still on the fence, come join us for our final Live Q & A - AMA on YouTube Nov 23rd and 24th at 3pm (EST). Below are the YouTube Live Broadcast Links.
Nov. 23rd Broadcast Link - Nov. 24th Broadcast Link
Note: If you can't attend but want a question answered, feel free to leave a comment in the following places:
Facebook: Facebook Event
Email: Cryptid Email
Twitter: Cryptid Twitter
I hope you'll check it out, ask some questions, and come on board. (Full disclosure: I'm hoping we can hit 400 investors by the end, because I love round numbers.)
This has been an amazing ride so far and I'm really excited about what's to come as we charge forward. As always, thank you for reading and being a part of this project, and feel free to leave a comment.
-Brad
11.13.18
Final Live Ask Me Anything Q & A Results
Hi All,
After tallying Facebook, the comments here, and the emails that I have gotten over the last week, I decided to do the final Q & A\Ask Me Anything on....BOTH days!
That is right, there seemed to be decent amount of people who were interested in both days so I decided to say the hell with it, and just do both. I mean, after Thanksgiving, I'm usually too stuffed to move the next two days anyway, so I might as well take some questions!
If you checked out the last one, this one will be similar, although I probably won't go into the description of the campaign as much as I did the last time to make more room for the questions, so they may be a little shorter overall, but that's up to you fine folks.
The rules are simple:
I'll post the link here as we get closer to broadcast time, most likely YouTube Live, and you click on the link and ask me any question you want. It can be about equity crowdfunding, the production, where we are in the process, who we are targeting for cast, what is taking so long, how was your Thanksgiving, what movies have you been watching...whatever you want!
The beauty of this only existing live is I can be a little more candid about some of the answers as this will be the only time it lives, and I can cut out anything for the rebroadcasted video. So there will be some parts of it that will only exist in the moment of the live broadcast. Oooh, is that enticing?
Here are the details below with more info as we get closer to broadcast.
What: Live Q & A - AMA
When: Friday Nov. 23rd & Saturday Nov. 24th at 3pm (EST)
Where: YouTube Live Links Below
Nov. 23rd Broadcast Link - Nov. 24th Broadcast Link
Note: If you can't attend but want a question answered, feel free to leave a comment in the following places:
Facebook: Facebook Event
Email: Cryptid Email
Twitter: Cryptid Twitter
11.05.18
Another Live Q & A?...Sure, why not!
Hi Everybody!
Since the last Live Q & A video we did was over 300 investments and 500 followers ago, I was interested in doing one more before the campaign comes to a close, but I wanted to get your input on when.
The two dates I'm thinking about are:
1. Friday Nov 23rd @ 3pm (EST)
2. Sat Nov 24th @ 3pm (EST)
(I know the first one is on Black Friday, but I thought there was certain charm to talking about a monster movie on that day. )
The trick here is unfortunately there is no polling option on this site, so there are a couple ways I can get your input:
Go to our Facebook page to vote here: Cryptid Facebook Page
Email me: Cryptid Email Address
Campaign Page Comments
Drop a note in the comments section bellow as to which you prefer.
Also, if you don't like those two options, feel free to suggest your own!
Announcement of the official time and day will come next week.
10.29.18
30 Days to the Finish Line
Hello Everyone,
I wanted to send a quick update on the campaign plans moving forward. We are still in the middle of phase two, as mentioned in the previous update, and are currently working with our casting director and sales team in assembling a list of lead actors to attach to our film. We are looking get someone who can elevate the material creatively as well as give us a solid international interest in distribution.
In the campaign itself, to take advantage of the horror season while also eyeing a definitive finish line, we are going to do one final mini-extension for 30 more days. That will be the official end of this offer.
Thank you to everyone who has been a part of helping this film get to where it is today and through the final days to come. Words can not describe how excited I am about being able to make this film and share it with all of you.
Here are a couple of quick campaign stats:
Number of Followers: 703
Followers who have invested: 345
Number of investors: 357
Number of Investments: 407
Average Amount per investment: $344
-Brad
JOIN THE DISCUSSION
0/2500
HOW INVESTING WORKS
Cancel anytime before 48 hours before a rolling close or the offering end date.
WHY STARTENGINE?
REWARDS
We want you to succeed and get the most out of your money by offering rewards and memberships!
SECURE
Your info is your info. We take pride in keeping it that way!
DIVERSE INVESTMENTS
Invest in over 200 start-ups and collectibles!
With Regulation A+, a non-accredited investor can only invest a maximum of 10% of their annual income or 10% of their net worth per year, whichever is greater. There are no restrictions for accredited investors.
With Regulation Crowdfunding, non-accredited investors with an annual income or net worth less than $124,000, are limited to invest a maximum of 5% of the greater of those two amounts. For those with an annual income and net worth greater than $124,000, he/she is limited to investing 10% of the greater of the two amounts.
At the close of an offering, all investors whose funds have “cleared” by this time will be included in the disbursement. At this time, each investor will receive an email from StartEngine with their Countersigned Subscription Agreement, which will serve as their proof of purchase moving forward.
Please keep in mind that a company can conduct a series of “closes” or withdrawals of funds throughout the duration of the campaign. If you are included in that withdrawal period, you will be emailed your countersigned subscription agreement and proof of purchase immediately following that withdrawal.
StartEngine assists companies in raising capital, and once the offering is closed, we are no longer involved with whether the company chooses to list shares on a secondary market, or what occurs thereafter. Therefore, StartEngine has no control or insight into your investment after the close of the live offering. In addition, we are not permitted to provide financial advice. You may want to contact a financial professional to discuss possible investment outcomes.
For Regulation Crowdfunding, investors are able to cancel their investment at any point throughout the campaign up until 48 hours before the closing of the offering. Note: If the company does a rolling close, they will post an update to their current investors, giving them the opportunity to cancel during this timeframe. If you do not cancel within this 5-day timeframe, your funds will be invested in the company, and you will no longer be able to cancel the investment. If your funds show as ‘Invested’ on your account dashboard, your investment can no longer be canceled.
For Regulation A+, StartEngine allows for a four-hour cancelation period. Once the four-hour window has passed, it is up to each company to set their own cancelation policy. You may find the company’s cancelation policy in the company’s offering circular.
Once your investment is canceled, there is a 10-day clearing period (from the date your investment was submitted). After your funds have cleared the bank, you will receive your refund within 10 business days.
Refunds that are made through ACH payments can take up to 10 business days to clear. Unfortunately, we are at the mercy of the bank, but we will do everything we can to get you your refund as soon as possible. However, every investment needs to go through the clearing process in order to get sent back to the account associated with the investment.
Both Title III (Regulation Crowdfunding) and Title IV (Reg A+) help entrepreneurs crowdfund capital investments from unaccredited and accredited investors. The differences between these regulations are related to the investor limitations, the differing amounts of money companies are permitted to raise, and differing disclosure and filing requirements. To learn more about Regulation Crowdfunding, click here, and for Regulation A+, click here.
