And saved himself the trouble of all this nonsense.
Kinda disproves his whole "I do this for love of Star Trek" nonsense.
Wait a minute. $16 million?!? Didn't he just go through bankruptcy proceedings? And had no assets? Or was that his other company Propwerx or whatever it's called?
Regardless, what's he doing with the $16 million that he couldn't drop into production of Axanar? Then again, I've heard: A producer never drops his money into a film.
Can anyone make any sense out of this?
https://www.sec.gov/Archives/edgar/vprr/0000/0505/05059249.pdf
It's a Form D. Basically, when you sell securities in a company in the United States, you have to register with the SEC. Smaller companies can take advantage of an exemption to this requirement by filing a Form D, which is basically a notice about the company's offering.