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LEGION M LAUNCHES SEC QUALIFIED “MINI–IPO” WITH REG A+ INVESTMENT OFFERING

Groundbreaking company opens the floodgates for fan-led movement with equity crowd-funded investment round

Investments now being accepted on Wefunder

Los Angeles, CA (March 21, 2017) – In a move that continues Legion M’s crowd-funding disruption, the fan-funded entertainment company announced its Regulation A+ round of equity crowdfunding has been qualified by the U.S. Securities & Exchange Commission. Last year the company completed a sold-out Regulation CF offering that made JOBS Act history and united over 3,100 passionate fans as shareholders of the company. Today, Legion M builds on that success and opens its doors to a new round of investors under Regulation A+(often described as a mini IPO), which allows companies to raise funds in the 8-figure range from non-accredited investors.

Since opening to fan investors last year, the company has moved quickly to build a slate of film and TV projects. Its current slate includes the April 7 release COLOSSAL, a wildly imaginative sci-fi feature starring Anne Hathaway and Jason Sudeikis, and directed by Nacho Vigalondo; FIELD GUIDE TO EVIL, a global horror anthology produced by Alamo Drafthouse CEO Tim League and Ant Timpson; ICONS: FACE TO FACE, a groundbreaking virtual-reality interview series launching with comic-book visionary Stan Lee interviewed by Kevin Smith; and PITCH ELEVATOR, a digital TV series and Comic Con experience that offers fans the opportunity to win a film or TV development deal.

“We could not be prouder of the rapid progress we’ve made this past year, supported by our passionate legion of shareholders,” said Paul Scanlan, co-founder of Legion M. “Our energized and engaged shareholders are what sets us apart and enables us to be a disruptive force in the entertainment industry. As we launch our next round of funding, we’re excited to join forces with new fans and expand on our exciting slate of projects.”

“This is a historic moment for fans,” says co-founder Jeff Annison. “Before the JOBS Act, this is the sort of opportunity that was only available for wealthiest few percent of the population. After a sold-out round last year, we’ve seen first-hand the power of a fan-owned company. Now we’re excited to open the gates of Hollywood and welcome a new round of investors as co-owners of the world’s first fan-owned entertainment company.”

The opening share price is $7.47 with a minimum raise of $500K. The minimum investment is $100. Details can be found at www.wefunder.com/legionm.

About Legion M 

Legion M was created in 2016 by Paul Scanlan and Jeff Annison, two of the Emmy winning founders of MobiTV. The company is using the JOBS Act to become the first media company built from the ground up to be owned by fans. Legion M’s mission is to unite 1 million fans to bring boldly original film, TV and virtual reality projects to market. We empower creators to push the boundaries, and invite fans to come along for the ride. In August of 2016, Legion M closed a historic, oversubscribed equity crowd funding round, raising over $1.2 MM from over 3,100 investors. Allies and advisors include Stoopid Buddy Stoodios (Robot Chicken, Supermansion), Tim League (Alamo Drafthouse, NEON), Adam Rymer (President of Legendary Digital Entertainment, Nerdist, Geek & Sundry), Scott Landsman (Head of Comedy TV, Sony), Lisa Taback (award winning publicist), Kerry O’Quinn (founder of Starlog and Fangoria) and more.

AN OFFERING STATEMENT REGARDING THIS OFFERING HAS BEEN FILED WITH THE SEC. THE SEC HAS QUALIFIED THAT OFFERING STATEMENT, WHICH ONLY MEANS THAT THE COMPANY MAY MAKE SALES OF THE SECURITIES DESCRIBED BY THE OFFERING STATEMENT. IT DOES NOT MEAN THE SEC HAS APPROVED, PASSED UPON THE MERITS OR PASSED UPON THE ACCURACY OR COMPLETENESS IF THE INFORMATION IN THE OFFERING STATEMENT. YOU MAY OBTAIN A COPY OF THE OFFERING CIRCULAR THAT IS PART OF THE OFFERING STATEMENT BY CLICKING HERE.
YOU SHOULD READ THE OFFERING CIRCULAR BEFORE MAKING ANY INVESTMENT.

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What happens when you mix Mortal Combat with “Cybertronian citizens”? You get Transformers: Forged to Fight. As a personal protégé to Optimus Prime, I take my Transformers very seriously. When I hear that another Transformers game is being released, I’m very skeptical.  Let’s start with the elephant in the room. There have been a NUMBER […]

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Fair warning: this recap includes spoilers for The Expanse that will hijack your shipment of relief goods—don’t say we didn’t warn you ahead of time!

Before the start of “The Weeping Somnambulist”—an episode title clearly in honor of International Poetry Day—things at Tycho station had completely unraveled, Holden (Steven Strait) and the crew found their next mission in Dr. Meng (Terry Chen), and Sergeant Draper (Frankie Adams) was foisted with the task of testifying the false narrative that Mars had shot first on Ganymede. Who knows whether that could stave off war.

She got her chance, though: Draper went to earth, hand held firmly by a minder named Martens who stopped her from leaving her purple heart behind and made it clear how much was riding on her speech. Gotta keep up appearances and sell the image and all. Jacked full of medicine that will help her Martian body adjust to Earth’s atmosphere, she purposefully left her sunglasses behind. Was she trying to punish herself? Grinding against survivor’s guilt? Even after her initial and secondary testimony, she tested her fortitude against the sunshine blazing through the windows.

Of course, Avasarala (Shohreh Aghdashloo) and Errinwright (Shawn Doyle) traded barbs before the UN/Martian summit, arguing whether Eros really met its end when it crashed into Venus. Errinwright swore that he’d share any information he got with her—presumably bursting into sinister laughter immediately after leaving the room because everyone knows what a load that was. The good news is that Avasarala has her own source of information: a cocky, philosophizing scientist on Colonel Janus’ (Conrad Pia) mission to Venus aboard the Arboghast. Their ship was heavily shadowed by the Mars contingent there, but they ultimately discovered something shocking in the Eros crater: life in an environment that melts lead. The Protomolecule truly is a game-changer.

Draper’s testimony went according to plan, setting up the crew from Mars to negotiate reparations for the destruction on Ganymede and the disruption of the farming routes, but they placed the full blame of the incident on Private Travis (Mpho Koaho) and his apparent need to prove himself as a Martian. This left Draper scrambling, livid, fuming with her lonely medal on the desert of her uniform. She was aching for another chance to speak the truth, and Avasarala obliged.

Her suspicion couldn’t be tamed. It led to two of the most Yas Queen Avasarala moments of the entire season.

1. Her scowling “Wherever I goddamn liiiiiiiiike.”
2. “Whoever the fuck you are, stand down and let her speak.”

Frozen perfection. Her owning other people who think they’re in charge has become a highlight of each episode.

She questioned Draper about Travis, flustering her to the point of telling the truth about the monster without the vac suit, but after asking what made him open fire, she reverted back to her original story about Travis (despite no one in that room believing her anymore).

Meanwhile, Holden and Amos (Wes Chatham) hijacked a cargo ship called The Somnambulist, operated by Melissa Suputayaporn (Valerie Buhagiar) and her husband Suputayaporn (Peter Williams) in order to use it as cover to get down to Ganymede.

Meng tried to send a message but was blocked, so he used his knowledge in order to get information from Amos about what they were really doing, why they were hunting down Dr. Strickland, and what the Protomolecule has to do with all of it. They gave him what he wanted, but it led to more questions than answers. What does his daughter Mei have that Strickland wants? Does it have something to do with her genetic disorder, Myers-Skelton Premature Immunosenescence? If so, what’s the connection between the disease and the Protomolecule?

Their plan was to get through to the docking station undetected while Alex (Cas Anvar) cooled his heels behind one of the nearby moons, waiting as a backup to swoop in and save them if things went sideways.

And wouldn’t you know it, things went sideways. The cargo ship (which only wanted to deliver some much-needed supplies to the poor people of Ganymede!) was boarded by more hostiles (that’s two hijackings in as many days), which led to a sloppy firefight and Suputayaporn’s death. Holden’s mission began in earnest while Melissa wailed in mourning.

No, they were not off to a good start.

SOME STRAY THOUGHTS:

• Holden let Melissa get behind him during his cargo sweep. Not great tactics there, captain.
• Can you do a mission without lasagna?
• Apparently Baltimore is under heavy construction.

What do you think will happen next week? Is war still on the table? Let us know in the comments below.

Images: NBC/SyFy