Question 1

How do projects get funded? Are there budget limits? TV pilots? Or Just features/shorts? How does the financing piece work?

Accepted Answer

Hey Jeff, Great question! SHARE’s Community Greenlight initiative is our way of ensuring filmmakers get paid fairly and that projects receive funding in a transparent, community-driven way. As our platform grows, we promise to invest in and fund projects—this is at the heart of our mission. We’ll launch funding rounds tied to key platform growth milestones, allocating funds to projects that our community, audiences, and the general public vote for. How It Works: 1. Filmmakers submit their pro...

Question 2

1) Under the Details section of your campaign page, it states “[o]ver the last three months, revenues have averaged $500/month, cost of goods sold has averaged $8,000/month, and operational expenses have averaged $7,000/month, for an average burn rate of $10,000 per month.” At...

Accepted Answer

Hi Kevin, Thank you for your thoughtful questions and for taking the time to review our campaign. Burn Rate Clarification: You're right to bring that discrepancy to our attention, thank you. Our average monthly burn rate was approximately $10,000, which includes both operational expenses and upfront development costs. The $8,000 listed under “cost of goods sold” primarily reflects initial tech and infrastructure investments (which are not recurring). We’ll be updating the language on our page...

Question 3

Hello, I'm concerned about the lack of updates and inclusion in company emails, as seen in a previous company's experience where investors were not informed about significant developments, including the sale of the company without returns. Can you please clarify: 1. How often ...

Accepted Answer

Hi Edgar, First and foremost, thank you again for your investment and support in SHARE. It really means a lot to us, and we're grateful to have you with us on this journey. Your belief in what we’re building energizes everything we do. We send updates to our investors at the end of each quarter (unless we have exciting news to share between that timeframe), and our next one is scheduled to go out this coming Monday, June 30th. But since you’ve just joined us, I wanted to personally share a pr...

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