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Friday, 22 September 2017

Facewatch looks the other way


More target practice needed for Crowdcube funded Facewatch


Taking £500k off Crowdcube punters was easy compared with aligning the real world with the projected one.

Facewatch i admits to being a long term journey - well they did in the accounts. However they didnt in their Crowdcube pitch. Filed accounts for YE March 17 show losses of £800k against the fantasy version AKA Crowdcube  - of just £129k. For YE Mar 2018, this company sold equity using a projected profit of £2.9m.

I will definitely eat my hat if that's true.

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