Cornerstone is a Crowdcube blue chipper. It took £876k off punters in 2015. Projections showed a profit for YE Dec17 of over £600k. It has just filed losses for that year of £3.5m (£2.4m 2016).Now of course that doesnt matter - the company raised another £3.5m last year in a round led by Calculus Capital. Its a dead cert. Dead anyway. It's another Crowdcube company that can boast Will Hobhouse as one of its backers. What do you make of these conflicting messages? Exactly.
Expect more funding calls (dilution) before the six o'clock shadow. They have a plan, it's just not the one Crowdcube published.