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Thursday 13 December 2018

Crowdcube's Happy Christmas is turning into Santa's Nightmare



If you offer appalling quality then you should expect it to produce atrocious results. As yet another Crowdcube company closes and the Emoov fiasco trundles on, it looks like Father Crowdcube's sleigh has crashed. 


Not only have we unearthed another closure but most of the results we have for YE March 2018 are so far poor to disastrous. No good news here for Crowdcube investors. 

The Chocolate Bear Kitchen Ltd has ceased to be, according to filings at CH. It was struck off this last August. Reasons for this are hard to find. 130 investors have lost their money. It wasnt much  - £30k raised in August 2016. What the company did with it is anyone's guess. The founder and sole director, James Lee Gordon, had hoped that his idea of pop restaurants would fly. But like Santa's sleigh it crashed. 

More stories of wow on the way. 

Sorry! 

The only way we are going to alter this is by persuading platforms to offer better businesses. That means educating investors and that means ECFBuzz. 

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