Saturday, 18 February 2017

Tempus Energy join the Crowdcube pile


Tempus raised over £600k on Crowdcube in 2015. Recent accounts show them galaxies off course and the crew have abandoned ship.


The Crowdcube vetted projections for this company showed them making a very healthy profit of over £800k for their last financial year. As ever, the real story is rather different. They filed a loss of over £600k for the period. Next year's chasm should be even better with expected profits of £6.5m.

Worse news for shareholders is the fact that of the 6 Directors who made up the power team that would drive these exceptional profits on the Crowdcube pitch - all have resigned apart from the founder.

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