Overview
Platform
Angel Funding
Start Date
03/18/2021
Close Date
04/29/2021
Min. Goal
$347,154
Max. Goal
$1,070,000
Min. Investment
$100
Security Type
Equity - Preferred
SEC Filing Type
RegCF
Price Per Share
$3.00
Rolling Commitments ($USD)
Status
Funded
Reporting Date
12/01/2023
Days Remaining
Funded
% of Min. Goal
Funded
% of Max. Goal
Funded
Likelihood of Max
Funded
Avg. Daily Raise
$0
Momentum
Funded
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Year Founded
2018
Industry
Media, Entertainment & Publishing
Tech Sector
Non-Tech
Location
FRESNO, California
The Shift is raising funds on Angel Funding. It started as a short film about Kevin Garner, a man who encounters a mysterious stranger who offers him wealth and power. However, many questions remained unanswered, and to answer them, the team is turning The Shift into a feature-length film to encourage people to seek the light and reject the dark. The Shift is a faith-based science fiction film and is led by an experienced team. Brock Heasley founded The Shift in October 2018. The current crowdfunding campaign has a minimum target of $347,154 and a maximum target of $1.07 million. The campaign proceeds will be used to create the film.
Summary Profit and Loss Statement
| FY 2020 | FY 2019 | |
|---|---|---|
|
Revenue |
$0 |
$0 |
|
COGS |
$0 |
$0 |
|
Tax |
$800 |
$0 |
| ||
| ||
|
Net Income |
$-17,826 |
$0 |
Summary Balance Sheet
| FY 2020 | FY 2019 | |
|---|---|---|
|
Cash |
$135,554 |
$0 |
|
Accounts Receivable |
$0 |
$0 |
|
Total Assets |
$135,554 |
$0 |
|
Short-Term Debt |
$1,200 |
$0 |
|
Long-Term Debt |
$0 |
$0 |
|
Total Liabilities |
$1,200 |
$0 |
Financials as of: 03/18/2021
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Raise History
| Offering Name | Close Date | Platform | Valuation/Cap | Total Raised | Security Type | Status | Reg Type |
|---|---|---|---|---|---|---|---|
| The Shift | 11/16/2023 | Angel Funding | - | $618,000 | Revenue Share | Funded | RegCF |
| The Shift | 10/19/2022 | Angel Funding | - | $0 | Equity - Preferred | Funded | RegCF |
| The Shift | 04/29/2021 | Angel Funding | - | $0 | Equity - Preferred | Funded | RegCF |
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