Palomino The Movie
Early Stage
A Hollywood Movie That Pays Homage to Hispanic and Latino Communities
Overview
Raised: $24,450
Total Commitments ($USD)
Platform
Rise Up
Start Date
09/20/2023
Close Date
07/12/2024
Min. Goal
$10,000
Max. Goal
$4,000,000
Min. Investment
$200
Security Type
Equity - Preferred
Series
Seed
SEC Filing Type
RegCF
Price Per Share
$10.00
Pre-Money Valuation
$5,000,000
Rolling Commitments ($USD)
Status
Active
Reporting Date
05/06/2024
Days Remaining
66
% of Min. Goal
245%
% of Max. Goal
1%
Likelihood of Max
Avg. Daily Raise
$107
# of Investors
44
Momentum
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Year Founded
2023
Industry
Media, Entertainment & Publishing
Tech Sector
Non-Tech
Distribution Model
B2B2C
Margin
Medium
Capital Intensity
High
Palomino The Movie, with a valuation of $5 million, is raising funds on Rise Up. It is a Hollywood film based on the true story of a world-champion boxer, Carlos Palomino, who became a movie and television star. Palomino The Movie portrays the Hispanic and Latino community positively and accurately and shows the inspiring journey of Carlos from the streets of Mexico to his life in the United States. The film is led by an award-winning team and has a huge potential as a boxing-related film. Brad Wilson founded Palomino The Movie in April 2023. The current crowdfunding campaign has a minimum target of $10,000 and a maximum target of $4 million. The campaign proceeds will be used for operations, film production, and marketing.
Summary Profit and Loss Statement
| FY 2022 | FY 2021 | |
|---|---|---|
|
Revenue |
$0 |
$0 |
|
COGS |
$0 |
$0 |
|
Tax |
$0 |
$0 |
| ||
| ||
|
Net Income |
$-11,079 |
$0 |
Summary Balance Sheet
| FY 2022 | FY 2021 | |
|---|---|---|
|
Cash |
$13,921 |
$0 |
|
Accounts Receivable |
$0 |
$0 |
|
Total Assets |
$13,921 |
$0 |
|
Short-Term Debt |
$37,500 |
$0 |
|
Long-Term Debt |
$0 |
$0 |
|
Total Liabilities |
$37,500 |
$0 |
Financials as of: 09/20/2023
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