Legion M

[Handyman4545]

This just in....

Hello,
We may be entering the slow-moving dog days of summer, but there’s no stopping the Legion! July was an incredibly busy and exciting month for us and we’re excited to share a few highlights, so let’s get to it!

ROUND 3 IS OFFICIALLY FINISHED!!

THANK YOU to more than 4,800 new and returning investors who made round 3 our most successful round ever! Not only did we raise the SEC maximum allowable for Legion M ($901,888) in RECORD TIME, we also ended oversubscribed, with more investors wanting to participate than we had room to accommodate.

In accordance with our “No Fan Left Behind” policy, we’re working hard to ensure that everybody who attempted to invest in the 3rd round has the opportunity. We’ve filed with the SEC to open a new round to accommodate the extra demand. If you attempted to invest in round 3, please stay tuned for details—we’ll be reaching out with next steps in the coming weeks.

If you missed out on round 3 don't worry—there’s still plenty of time to invest in Legion M. As a pre-IPO startup, it's still very early days for us. We expect to open a 4th round very soon—the best thing you can do right now is sign up as a free member so you can be first in line the moment Round 4 opens!

We will be back in September with another investor update. Until then, be on the lookout for more details about Round 4, the launch of our new Referral Program and PULSE tools, as well as news about how to join us for supporting Mandy’s September 14 theatrical debut!

Onward and upward!

Paul Scanlan and Jeff Annison, co-founders, Legion M

P.S. Be sure to join the Legion M members-only Facebook page, Instagram and Twitter to stay up-to-date on all things Legion M!

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There it is folks.
Another quarter of party funding!
Expenses met for the income and entertainment and nothing at all for any form of business product.
Don't ask about auditioning. They have no studio.
Don't ask about sending in manuscripts. They have no editorial staff.
Don't ask about the value of your certificate. It's less valuable than the paper you wipe your a** with.
Don't ask about the future value of your certificate. It will NEVER have any value even if the company could somehow manage to go legitimate and register the company with the SEC. They'd issue class A,B & C common stocks and your certificates won't count for squat.

You are DONATING your money to them, not investing it in them.

This company makes NO money.
This company has no interest in making money because they'd have to spend their personal income to make it happen.
This company is a scam.

Asking the IRS for anything is a joke. BS to be more precise.
The IRS doesn't care what they do with the money like they would a real investment company. The IRS just wants their share of the money you willingly DONATE (GIVE) to Paul and Jeff with NO CONSIDERATION of any future compensation or repayment so that Paul and Jeff & Co. can continue their big, no risk party.
(https://www.journalofaccountancy.com/issues/2018/mar/donation-based-crowdfunding.html)

NO MONEY folks. They make no money.
100% of the funds you keep pumping into the company is CHARITY folks. Not an investment. It goes to the partners and their staff living expenses.
They make NO MONEY!.
They have no business plan.
They have a small office in LA Ca.
They have no studio.
NO REAL ESTATE folks.
They offer no address to visit or send hard mail to because they're hiding.
They operate out of an electronic, post office box.

If you dig deep into the corporate registration papers, you'll find they're incorporated in Delaware and registered in California.

The address on the State Registration papers reads...
1801 Century Park E, Los Angeles, CA 90067
Google the address to see the extent of the great and wonderful Legion M Studios.

(https://businesssearch.sos.ca.gov/)
Choose "Entity Number" from the search choices
Enter the registration # below.

C3891349 LEGION M ENTERTAINMENT, INC.
Registration Date: 03/29/2016
Jurisdiction: DELAWARE
Entity Type: FOREIGN STOCK
Status: ACTIVE
Agent for Service of Process:
C T CORPORATION SYSTEM (C0168406)
To find the most current California registered Corporate Agent for Service of Process address and authorized employee(s) information, click the link above and then select the most current 1505 Certificate.

Entity Address: 1801 CENTURY PARK EAST, 24TH FLOOR
LOS ANGELES CA 90067
Entity Mailing Address: 1801 CENTURY PARK EAST, 24TH FLOOR
LOS ANGELES CA 90067

https://businesssearch.sos.ca.gov/Document/RetrievePDF?Id=03891349-23978004




Donation-based crowdfunding and nontaxable gifts
This growing means of contributing to causes and hardship relief requires special attention from recipients and their tax advisers.

Crowdsourced online donation projects have become hugely popular: A 2016 report from the Pew Research Center found that 22% of American adults said they had contributed to a crowdsourced fundraising project. Most donors (68%) contributed to help someone in need. And while the majority of crowdfunding contributions were quite small — 62% of donors gave no more than $50 to any project — the amount raised can grow quickly. However, these online campaigns raise a number of tax issues for people setting up a campaign and for beneficiaries.

Under Sec. 6050W, payers are required to send a Form 1099-K, Payment Card and Third Party Network Transactions, to a payee who receives more than $20,000 and has more than 200 transactions during a calendar year. A copy of this form will also be sent to the IRS.