Karaganda
Early Stage
Feature Film
Overview
Raised: $185,300
Total Commitments ($USD)
Platform
StartEngine
Start Date
01/23/2019
Close Date
04/29/2020
Min. Goal
$10,000
Max. Goal
$1,070,000
Min. Investment
$100
Security Type
Equity - Common
Series
Pre-Seed
SEC Filing Type
RegCF
Price Per Share
$100.00
Pre-Money Valuation
$100,000
Rolling Commitments ($USD)
Status
Funded
Reporting Date
05/03/2020
Days Remaining
Funded
% of Min. Goal
1,853%
% of Max. Goal
17%
Likelihood of Max
Funded
Avg. Daily Raise
$401
# of Investors
338
Momentum
Funded
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Year Founded
2017
Industry
Media, Entertainment & Publishing
Tech Sector
Non-Tech
Distribution Model
B2B2C
Margin
Low
Capital Intensity
High
Karaganda, a feature film, is raising crowdfunding on StartEngine. The production has a viable proof-of-concept and is an action film based on a 26 minutes short film screened in 26 film festivals in 13 countries. Karaganda digs deep into the working of the Russian mafia, Vory v Zakonye in particular. The company was formed in April 2017 and the managers include Max Weissberg, Nina Gortinski, and Edwin Mejia. The current crowdfunding round has a minimum raise of $10,000 and a maximum raise of $1,070,000, of which $11,800 have already been raised. The funds raised will be used for the production of the film. At a budget of $2.5 million, Karaganda is expected to be profitable and will be appreciated by the audience.
Summary Profit and Loss Statement
| Most Recent Year | Prior Year | |
|---|---|---|
|
Revenue |
$0 |
$0 |
|
COGS |
$0 |
$0 |
|
Tax |
$0 |
$800 |
| ||
| ||
|
Net Income |
$-5,833 |
$-2,739 |
Summary Balance Sheet
| Most Recent Year | Prior Year | |
|---|---|---|
|
Cash |
$23,517 |
$9,431 |
|
Accounts Receivable |
$0 |
$0 |
|
Total Assets |
$23,517 |
$29,545 |
|
Short-Term Debt |
$0 |
$0 |
|
Long-Term Debt |
$32,284 |
$32,284 |
|
Total Liabilities |
$32,284 |
$32,284 |
Financials as of: 01/23/2019
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