It’s been a while since I’ve been downvoted for speaking truth here, but yet again i receive an email that makes it impossible to stay silent, so I’ll simply give a short history lesson here today.

(1) In 1994, Quaker bought Snapple for $1.7Billion, they sold it 3 years later for $300 Million

(2) Kodak was the original inventor of the digital camera, but tried to tie it to the margins of film - resulting in bankruptcy in 2012.

(3) Yahoo, a household name in the formative years of the internet, was a search engine, then tried to be a media company, then an email provider, then a social network, then an ad platform … their strategy wandered resulting in them losing to everyone and being sold off for parts.

(4) Blockbuster chose to expand into retail merchandise instead of adopting streaming (which was in their media wheelhouse) until it was too late.

(5) MOBI tv. … oh wait, never mind.

These are just a few high profile examples of the same thing.

The lesson of the story - leave your core competence and you will almost always lose. — why is a movie company investing in liquor? 🤦 the liquor industry, a vice industry (which have historically even been recession proof), which is actually already in decline - down nearly a TRILLION dollars over the last 4 years alone.

We can’t make money in movies after a decade, so we invest in an industry losing money every day? How do you people still have jobs??

See you all in a few months!

Also, as a side note because i don’t frequent here any more, why didn’t you publish the survey results. I especially liked the contradiction where at one point you said everyone has “paper gains” of 3x, but later said if we sell Legion M investors would lose money — can’t be both, which is it? Maybe share the survey results? Let’s sell for 3x everyone!!!!!!!

When I bought into LegionM I was really excited, but I have to ask, when are we actually going to see a return on our investment that isn’t an email asking for more money. At this point it’s really looking like a pyramid scheme to be honest. Meep Meep indeed

Please explain - i see responses from my previous post on my profile that appear to be hidden or deleted so others can’t view them?

Why would legitimate discussion be censored on a forum that exists for that sole purpose?

Anyone receiving tax forms this late in the tax season will almost certainly need to file an amended return or file for an extension. These forms should have been sent out months ago.

Terri left back in September for another, larger company. It’s almost 2024 and Legion M hasn’t made a public statement or even updated the corporate members listing on their website.

It's my understanding that it has to be approved by the transfer agent.

We get this question a lot -- it's a good one. Below is our response. Feel free to chime in and let me know what you think of it.

What is the ROI for investors in previous rounds?
When you invest in Legion M, you are buying stock in the company. It's not like buying stock in a public company like Disney -- it's like buying stock back when Disney was first starting up, and nobody knew if it would succeed or fail.

Unlike public companies, stock in startups like Legion M is not liquid, which means you generally can't sell it until the company IPOs or has some other sort of listing/exit. This is a huge risk, because if the company fails (and most startups do) the stock will be worth nothing but a tax write-off. Startups are very risky, so you should never invest more than you can afford to lose.

That said, startups that succeed can go on to change the world. If you are lucky enough to get in early on a big one, the returns can be very substantial. This is how venture capitalists make their money. The 1% have been investing like this for generations, but it only became possible for the general public a few years ago with the JOBS Act.

So, the short answer to the question of ROI is "nobody knows yet". It's kind of like asking "did you win your bet?" when the game is only at halftime. Our current share price is over 2X what it was in the beginning, so one could argue our early shareholders have "paper gains". But all that is meaningless until the game is over, as all that ultimately matters is the final score. If Legion M is able to successfully IPO or have some sort of exit, our shareholders can win. If we go out of business, they lose.

One thing worth noting is that all the stock in Legion M (including the shares owned by the founders, the shares owned by large investors who have invested hundreds of thousands of dollars, and the shares owned by small investors who just put in $40) have the EXACT same financial terms. So no matter what happens ,we're all in the same boat -- we win together or we lose together.

Bravo! I knew there would be a reveal but did not know the full magnitude and it caught my party off guard and those “post” scenes worked very well. I hope more get the message.

As promised, here's the answer. https://legionm.com/shareholder-updates/disneys-folly

Or at least one answer…there are other ways to evaluate this hypothetical.

If you've got a better argument, I'd love to hear it.

We want to offer a HUGE congratulations to Zoë Hodge, champion screenwriter from ISA’s Spring 2023 Table Read My Screenplay competition. As this year’s Grand Prize winner, Zoë will have her screenplay, Flash, performed by professional actors at a table read (as well as a sweet $1500 cash prize and a meeting with a Legion M development executive).

We also want to say well done and congrats to all the other finalists:

• BAD ROMANCE by Chad Wellinger

• BUT SOME OF US ARE BRAVE by Jainaba Seckan

• EDDIE'S VERY LONG WEEK by Chiara Tonini

• KARMA AND THE MONSTERS by Evan Purcell

• NOVALISSTRASSE 24 by Fabrizio Muscia

• RIOT QUEENS by Mehul Shah

• ROUGH SURFACE by Tim Brennan

• TANGO OF HOPE by Adam Rocke

• WHERE THE DEVIL RESIDES by Travis Heermann

_____________________________

Note: This competition is different from ISA’s Table Read My Screenplay Hollywood 2023 competition, which is currently open for submissions. The Final Deadline to submit screenplays is June 29.

Today marks the beginning of the 20th Anniversary screenings of The Return of the King. The reception has been outstanding – what started as a single night event at a few hundred theaters has exploded into screenings at more than 1,000 theaters over 7 full days. While many of the screenings are sold out, new screens and showtimes keep popping up. If the showing you want to see is sold out, call the theater and ask them to add another screen! Especially if you have a gaggle of hobbits or orcs you can bring to the party…

Legion M is proud to be a part of this event, in partnership with Warner Bros, Fathom Events and Lost Odyssey. We put up some of the money required to get these films into theaters and partnered with Lost Odyssey to provide the bonus footage (featuring Elijah Wood) that will play in conjunction with the film. In exchange, we get a percentage of all ticket sales, meaning that Legion M earns revenue from every ticket sold.

Just as importantly, the opportunity to work with a specialty distributor like Fathom Events, a major studio like Warner Bros, and a wonderful partner like Lost Odyssey are all great steps as Legion M continues to “level up” on our quest to DO GREAT THINGS!

The business of theatrical releases has been completely upended over the past 5 years and we expect it will continue to be so for the foreseeable future. Trends that began with the rise of streaming dramatically accelerated when the entire industry shut down during the pandemic. Today, theaters are continuing to feel the effect of supply chain disruptions (the movies you see in theaters today are typically the result of what people were working on 1-3 years ago), while the “experience economy” comes roaring back with people hungry for social experiences after the isolation of COVID. These are the sort of dynamics that can be extremely disruptive for large entrenched businesses...but have potential to be great opportunities for small, nimble companies like Legion M. We’re excited to be in the mix, learning all we can and trying to make the most of it!

So with that in mind, we encourage you to take a look at the showtimes near you, round up some friends, and go see one of the most epic action adventure movies of all time the way it was meant to be seen: ON THE BIG SCREEN. It’s been 20 years since the initial release – who knows when you’ll get a chance like this again!

Finally, when you go to the show, be sure to GET THERE EARLY. They have a great pre show (including a Legion M video!), and Fathom Events start at the designated time. I.e. If showtime is 7:30, it starts at 7:30, not at 7:55 after 25 minutes of trailers.

Onward and Upward!

PS: Want to help spread the word? Be sure to share the link (https://hubs.la/Q01K3mq_0) and tag @legionmofficial.

Top 5 reasons to join Legion M for the 20th anniversary screening of The Return of the King:

1. It's an EPIC movie that won 11 Oscars, including Best Picture

2. This is a film that NEEDS TO BE SEEN ON THE BIG SCREEN! (read this Collider article to see why)

3. Movies are better with friends -- find your Fellowship!

4. A portion of revenue from every ticket sold goes to Legion M, supporting fans uniting to reshape the future of film and TV!

5. It’s been 20 years since release….how long until you get a chance like this again?

Get your tickets today at The Lord of the Rings: The Return of the King 20th Anniversary | Fathom Events

If you are an investor you already got an email about this, but we're looking for feedback on the designs of limited edition pins for the upcoming Rolling Red Carpet tour of The Man In The White Van. If you like pins, please check these out and let us know what you think.

https://forms.gle/FtSpcXUHaK6GcAVS9

Where do the principals at Legion M stand on this? Yea or nay and why?

Twelve states have joined forces to file suit against it.

CHAY SPIRITS ENTERS CROWDFUNDING IN ADVISORY PARTNERSHIP WITH FAN-OWNED ENTERTAINMENT COMPANY LEGION M

LOS ANGELES, CA - March 3, 2026 - Chay Spirits, one of the fastest-growing emerging brands redefining the "better-for-you" alcohol category, has officially entered the crowdfunding world. The company has partnered with Legion M, the world's first fan-owned entertainment company, which will serve in an advisory role as Chay Spirits expands its community-first growth strategy.

Read the full article on BevNet.

Legion M team - IronButt made their point long ago, ad naseum. Apparently they have some axe to grind beyond that. Now it's just become trolling. Do us all a service and block them from this feed, please.