# We're Closer Than You Think...

- Canonical URL: https://wefunder.com/feed/346613
- Entity ID: wefunder:feed_item:346613
- Published at: 2026-07-02 16:00:00 UTC
- Updated at: 2026-07-02 16:00:45 UTC

## Author
Paul Scanlan

## Subject
Legion M

## Content
We wanted to share a quick video from Legion M's CEO about something important happening in the marketplace.The recent success of Obsession and Backrooms has industry insiders talking. Both films entered the market with passionate, built-in audiences from their creator communities. That early edge (and the fact they are really well made films) helped turn them into cultural moments.​Sound familiar?That's exactly what Legion M has been building for years!In the video, I tell the story of seeing Obsession with my co-founder, Jeff, at the Toronto International Film Festival (TIFF) in 2025. We were among the first audiences to see it, and as we walked out of the theater we looked at each other and said, "Our community would love this movie."So we went after it!Sadly, we didn't have the financial firepower to compete once the bidding climbed into eight figures... but our instincts turned out to be right. Obsession was made for less than $1 million, sold for approximately $15 million out of TIFF, and has already generated more than $300 million at the worldwide box office. It's well on its way to becoming a billion-dollar franchise.As disappointing as it was to miss out on such a great property, we can still focus on the positives: we're finding the right projects, getting into the right rooms, and building exactly the kind of advantage that can help create successes like this. I think we're getting closer every day.That's exactly why we created the Film Fund. It's why we've partnered on Fackham Hall, Green Day's Nimrods, and Coyote vs. Acme. It's why we have Fade to Black in post-production. And, it's why our Round 11 offering is available on StartEngine, for those who want to invest directly in Legion M. Every new investor, every dollar invested, and every new member of this community increases our ability to discover, support, and help create the next breakout success.We're closer than you might think!I hope you'll take a minute to watch the video.Onward and Upward!Round 11: RISK VS REWARD: Startup investments like Legion M are speculative, illiquid, and involve a high degree of risk. Statistically, most startups fail, so you should never invest more than you can afford to lose. But if you’d like to take a swing at making history, we’d love to have you aboard our moonshot!This Reg CF offering is made available through StartEngine Primary LLC, member FINRA/SIPC. This investment is speculative, illiquid, and involves a high degree of risk, including the possible loss of your entire investment.Film Fund: Equity crowdfunding investments in private placements are speculative and involve a high degree of risk. Those investors who cannot afford to lose their entire investment should not invest. Companies seeking investment through equity crowdfunding tend to be in earlier stages of development and their business model, products and services may not yet be fully developed, operational or tested in the public marketplace. There is no guarantee that the terms are accurate or in agreement with the market or industry valuations. Legion M Film Fund - 1099, LLC has filed a Form C with the Securities and Exchange Commission in connection with its offering, a copy of which may be obtained here.DealMaker Securities LLC, a registered broker-dealer, and member of FINRA | SIPC, located at 30 East 23rd Street, 2nd Floor, NY, NY 10010, is the Intermediary for this offering and is not an affiliate of or connected with the Issuer. Please check our background on FINRA's BrokerCheck. DealMaker Securities LLC does not make investment recommendations.DealMaker Securities LLC is NOT placing or selling these securities on behalf of the Issuer. DealMaker Securities LLC is NOT soliciting this investment or making any recommendations by collecting, reviewing, and processing an Investor's documentation for this investment. DealMaker Securities LLC conducts Anti-Money Laundering, Identity and Bad Actor Disqualification reviews of the Issuer, and confirms they are a registered business in good standing. DealMaker Securities LLC is NOT vetting or approving the information provided by the Issuer or the Issuer itself. Contact information is provided for Investors to make inquiries and requests to DealMaker Securities LLC regarding Regulation CF in general, or the status of such investorʼs submitted documentation, specifically. DealMaker Securities LLC may direct Investors to specific sections of the Offering Circular to locate information or answers to their inquiry but does not opine or provide guidance on issuer related matters.