Legion M's 5th Round is Officially OPEN!
It's been a little over five months since Round 4 (our largest yet, with 8,000 investors!) SOLD OUT. Since then, we've been pushing forward with a steady drumbeat of new developments:
In February, we worked with Kevin Smith's team to give priority to Legion M investors applying as extras in the Jay and Silent Bob Reboot, and had many on set for filming in New Orleans. We also gave away two free set-visits to lucky Legion M investors (and their guests). When they got there, Kevin Smith surprised them with a walk-on role in the film!
In March we opened a Kickstarter campaign for a Girl With No Name comic book. We set our goal at $6,000 which is about the average amount raised for a comic book on Kickstarter. Six weeks later the campaign ended with over $130,000 worth of presales--an unheard of amount for a comic book without an existing IP or fanbase. This not only provides revenue for the company, but also demonstrates traction in the marketplace as we package the movie.
In April we announced a partnership with Screen Media to purchase the North American distribution rights for Memory: The Origin of Alien a documentary that premiered at Sundance and was selected using data from thousands of Legion M members/investors on the SCOUT platform (read more on Forbes).
In June we partnered with Fox Searchlight (a division of Disney) for the release of Tolkien, a biopic about the early experiences and influences that shaped author JRR Tolkien prior to The Hobbit and Lord of the Rings. Legion M promoted the film in exchange for revenue, co-marketing, and exclusives for our members including a free screening with George R.R. Martin in Santa Fe, limited edition meetup pins, and hundreds of free tickets for Legion M investors to attend red carpet premieres in Hollywood and London.
Later that month we hired a new VP of Merchandising and Licensing to help build our burgeoning merch business, starting with a slew of new Legion M products and a license for Jay and Silent Bob merchandise in the Legion M store.
In July we announced that the Legion M community had surpassed 100,000 fans, and unveiled a partnership with Pop Insider to present the "Legion M Fan Lounge" at Comic Com along with a schedule jam packed with screenings and celebrity events.
Today we're pleased to announce that our fifth round of equity crowdfunding is officially open on our Wefunder page. We couldn't be more excited to welcome a whole new batch of investors to our community and continue our exponential growth as we march towards our long term goal of 1 million shareholders!
You can read the official press release here.
Onward and upward!