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Security Type
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Common Stock
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Categories
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Art & Collectibles
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Min Investment
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$240
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Offering Date
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October 29, 2021
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Expected Close Date
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April 28, 2022
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Target Raise
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$10.00K-$1.07M
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Security Price
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$1.20
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Valuation
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$99,999,999
Company Description
Foundry Michelangelo is a profitable fine art company that casts and creates the world’s finest bronze, pure silver, and gold sculptures. Our products are sold through the nation’s top fine art galleries, and our incredible business model has six powerful profit centers with extraordinary margins with our auction model being the keystone of our business. We are proud to have the largest master mold collection in the world containing approximately 2000 original master molds from 230 of the most famous artists in history including Michelangelo, Bernini, Canova, and many others.
Key Deal Facts
Foundry Michelangelo owns the molds to over 2,000 original sculptures representing over 230 artists that include Fredric Remington, Charles Russell, Bernini, Canova, Michelangelo, Rodin, Ghiglieri, and many others.
Foundry Michelangelo’s revenue has been impressive from its genesis. They generated $391,650 in 2017, $1.1 million in 2018, $2.1million in 2019, and $2.4 million in 2020.
Foundry Michelangelo has nearly $1 billion in independently appraised assets, minimal debt, and the ability to scale the business model to over 100 times its present size.
Management Team / Advisory Board Bios
Mark Russo
Founder & CEO
Mark Russo has been heavily involved in the fine art market for the past 25 years dealing with Fortune 500 CEOs, physicians, celebrities, museums, and thousands of successful and influential collectors. Mr. Russo is an expert in sales communication, business management, and high-quality art. Working high-end trade shows, investment conferences and art exhibitions, Mr. Russo has generated over $100 million in sales of fine art during his career.
Mr. Russo both directs and coordinates the sales effort of TIC and is responsible for sales strategy, recruitment, training, budgeting, and promotions. Mr. Russo is responsible for the development of the highly successful and innovative sales model that has resulted in the unprecedented growth of the Charitable Division at TIC.
Eric Haas
Sales Consultant
Mr. Eric Haas has spent his entire career in sales and sales training. Serving as V.P. of sales for Ther-max Corp., a start-up direct sales organization, Mr. Haas recruited and trained the entire organization sales force which grew to more than 300 and $100M in annual sales. He has founded and grown to successful acquisition multiple direct sales companies. Most recently Mr. Haas founded a sales and construction venture in the multi-family real estate market in central Oregon. He developed a client base which includes a large percentage of the multi-family dwellings in that market.