Good news for Alquity Crowdcube investors - it has for now stopped making losses. Mind you, its a long way from its forecast £1.4m profit.
The thing about on Crowdfunding and especially Crowdcube, is that all good news, however tiny, must be celebrated joyously or we might commit suicide.
Alquity UK is a financial investment company, so you might expect them to be able to project a couple of years forward with some accuracy. Well they cant. £70k versus £1.4m is laughable.
Here's hoping that £70k becomes £4.8m and them £9.3m (their Crowdcube sales pitch) over the next two years. Unlikely but you have to be optimistic in this game - well that or just plain dumb.