Sound of Hope: The Story of Possum Trot

Sound of Hope: The Story of Possum Trot

[Closed for Investment] Sound of Hope: The Story of Possum Trot is raising funds on Angel Funding. The film is a true story of Donna and Reverend Martin inspiring 22 families to adopt 77 foster children. Sound of Hope: The Story of Possum Trot is based on igniting a movement for vulnerable kids everywhere and is an example of socially and spiritually significant entertainment. The film is led by award-winning filmmakers who have the unique ability to create inspiring and transforming stories. Joshua Wiegel and Rebekah Wiegel founded Sound of Hope: The Story of Possum Trot in October 2021. The current crowdfunding campaign has a minimum target of $250,000 and a maximum target of $5 million. The campaign proceeds will be used for marketing, advertising, and distributing the film.

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Investment Overview

Raised this Round: Raised: $3,176,063

Deal Terms

Total Commitments ($USD)

Platform
Angel Funding
Start Date
06/06/2024
Close Date
06/27/2024
Min. Goal
$250,000
Max. Goal
$5,000,000
Min. Investment

$100

Security Type

Revenue Share

Series

Pre-Seed

SEC Filing Type

RegCF    Open SEC Filing

Return Multiple

1.20X

Company & Team

Company

Year Founded
2021
Industry
Media, Entertainment & Publishing
Tech Sector
MediaTech
Distribution Model
B2C
Margin
Low
Capital Intensity
High
Location
Nacogdoches, Texas
Business Type
Life Style
Company Website
Visit Website

Team

Employees
2
Prior Founder Exits?
No
Founder Name
Joshua Weigel
Title
CEO and Manager
Founder Name
Rebekah Weigel
Title
Vice President and Manager

Financials

as of Fiscal Year 2023
 Revenue -59% YoY
$160,000
 Monthly Burn
Profitable
 Cash on Hand
$218,274

Summary Profit and Loss Statement

FY 2023 FY 2022

Revenue

$160,000

$390,000

COGS

$0

$0

Tax

$0

$0

 

 

Net Income

$209,017

$369,027

Summary Balance Sheet

FY 2023 FY 2022

Cash

$218,274

$262,536

Accounts Receivable

$0

$0

Total Assets

$17,320,010

$14,551,133

Short-Term Debt

$3,719,562

$149,813

Long-Term Debt

$0

$2,877,123

Total Liabilities

$3,719,562

$3,026,936

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Company Funding & Growth

Funding history

Total Prior Capital Raised
$0
VC Backed?
No
Close Date Platform Valuation Total Raised Security Type Status Reg Type
06/27/2024 Angel Funding - $3,176,063 Revenue Share Funded RegCF
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Sound of Hope: The Story of Possum Trot on Angel Funding 2024
Platform: Angel Funding
Security Type: Revenue Share

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