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Rob Murray Brown
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This is Crowdcube's new attempt to empathise with red faced investors!
Affresol are in liquidation - we knew about this a while ago. Crowdcube now have a handy easy sympathy message for all their disappointed investors It's an improvement on saying nothing, which is what they have been doing since 2011. Maybe on these they sho...
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This is what the Sugru and Crowdcube argument is about
Above are the notes on page 30 of the last Sugru (Formformform Ltd) full and audited accounts for YE Dec 2016. This pertains to the movement of the bank loan and personal CL from long term liabilities to current liabilities. The big Q is was this informatio...
This is what the Sugru and Crowdcube argument is about
This is what the Sugru and Crowdcube argument is about
fantasyequitycrowdfunding.blogspot.com
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How to complain to the FCA
A friend very kindly sent this through and I thought it might be useful for anyone wishing to look at taking action against Crowdcube and or Sugru. I have to say my experiences with Ombudsmen is not good. I have complained against companies that have
ripped...
How to complain to the FCA
How to complain to the FCA
fantasyequitycrowdfunding.blogspot.com
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What Notes dont tell you - but we did.
Notes are back on Crowdcube, as expected. They have run out of your money. They dont tell investors what they told them last time, as that would be a real downer on their pitch. We told you back in March of this year but you dont seem to have listened. The ...
What Notes dont tell you - but we did.
What Notes dont tell you - but we did.
fantasyequitycrowdfunding.blogspot.com
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As the fog on the Sugru debacle thickens, we have a lead that may prove the 2017 raise should never have been allowed.
Sugru screwed Crowdcube investors for around £6m. It now seems confirmed that the breach that occurred in their banking facility with Clydesdale Bank, prior to the 2017 pitch, was material and was hidden from investors. It all depends on interpretation. Sug...
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Sugru's filed accounts reveal what their 2017 Crowdcube pitch failed to.
As we keep digging, we keep finding.  Crowdcube investors in March to May 2017 were shown the 'projected accounts' for the company's YE Dec16 in the pitch documents - ie they were actuals. These showed a reasonably healthy current account balance of £1m cre...
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You simply must read this post on the Sugru Crowdcube forum
It is quite long, so I wont interrupt - Insiders win / Outsiders lose maximator   2 days ago 8 Replies Indeed an astonishing exit @ 90 pct discount to equity value at last raise a good year ago. Sure we have all taken calculated risks, and this is one of th...
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Hands Off Crowdcube approach for Sugru disaster.
We have a copy of the email sent out by Crowdcube to investors in Sugru, the day after we broke the story. Crowdcube valued Sugru valued at £33m in May 2017. It was sold for next to nothing last week and left shareholders with losses of 91p in the pound. Fi...
Hands Off Crowdcube approach for Sugru disaster.
Hands Off Crowdcube approach for Sugru disaster.
fantasyequitycrowdfunding.blogspot.com
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Mr Sherick Shakes it all up.
So here we are again. Mr Shericks takes £250k off Crowdcube investors, spends it, liquidates and the founder Andrew Jonathan Sherick reopens using a company he registered just in case - Shericks Shakes Ltd and then to make sure, changed its name to Luxury S...
Mr Sherick Shakes it all up.
Mr Sherick Shakes it all up.
fantasyequitycrowdfunding.blogspot.com
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Was Sugru's Bank loan covenant breach declared in the 2017 Crowdcube pitch?pitch
We find if you keep on digging, the truth will out. This maybe a new piece of it.  Thanks first of all to our anon comment pointing this out. Sugru filed its YE Dec2016 accounts late, in Dec2017. When they pitched for the last time on Crowdcube in March to ...
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