tag:blogger.com,1999:blog-8552311631038672977.post3264977567281993144..comments2023-10-19T03:35:22.831-07:00Comments on The Real Facts about Equity Crowdfunding: So what's the deal with Seedrs shareholders in recently sold Freeagent?Rob Murray Brownhttp://www.blogger.com/profile/10298710231782204493noreply@blogger.comBlogger9125tag:blogger.com,1999:blog-8552311631038672977.post-11323709372785817882018-07-05T23:11:35.263-07:002018-07-05T23:11:35.263-07:00Also wondering what if any recourse there is on th...Also wondering what if any recourse there is on this! Do we forego EIS or not?Mark Gibaudhttps://www.blogger.com/profile/08496362234156154621noreply@blogger.comtag:blogger.com,1999:blog-8552311631038672977.post-78234530818363366482018-05-30T05:11:14.164-07:002018-05-30T05:11:14.164-07:00Is Seedrs addressing this anywhere? It surely is a...Is Seedrs addressing this anywhere? It surely is a huge slap in the face for (or even from) them. <br /><br />Free Agent's decision not to transact ~2 months later cuts a ~68% return with EIS down to an appropriately unlucky 13% return (*). All for apparently little to no reason; no communication suggests a transaction 2 months later would cause issue to Free Agent.<br /><br />How many EIS investors feel suitably aware that one of their risks is the company they are investing may callously choose to exit a few days before the 3 year deadline and you will then just loose a lot of your potential profit.<br /><br />*: something like this:<br />With EIS: £100 of shares sell for £120, you will have actually spent £71.5 after claiming 30% EIS and paying £1.5 for the Seedrs 7.5% carry on profit, no cgt so that's 71.5 -> 120: 120/71.6 = 168%.<br />Without EIS: £100 of shares sell for £120, you will have actually spent ~£106.6 after paying £1.5 for the Seedrs 7.5% carry on profit and then 18% CGT on the profit you actually see. 120/106.6 = ~13%Manar Hussainnoreply@blogger.comtag:blogger.com,1999:blog-8552311631038672977.post-16677690118955204242018-03-29T05:56:24.380-07:002018-03-29T05:56:24.380-07:00If you can be bothered could you email me rob@ecfs...If you can be bothered could you email me rob@ecfsolutions.co.uk a copy of the EIS cert. Tks.Rob Murray Brownhttps://www.blogger.com/profile/10298710231782204493noreply@blogger.comtag:blogger.com,1999:blog-8552311631038672977.post-24164731261549289622018-03-29T05:26:13.427-07:002018-03-29T05:26:13.427-07:00Thanks - that we thought but Seedrs were very cle...Thanks - that we thought but Seedrs were very clear about May. Someone is not telling the truth!!Rob Murray Brownhttps://www.blogger.com/profile/10298710231782204493noreply@blogger.comtag:blogger.com,1999:blog-8552311631038672977.post-64901449464938172362018-03-29T04:47:53.531-07:002018-03-29T04:47:53.531-07:00The share issue date is what's important, and ...The share issue date is what's important, and my EIS certificate relating to the investment says-<br /><br />Share issue date: 27 August 2015<br />Termination date: 27 August 2018Anonymousnoreply@blogger.comtag:blogger.com,1999:blog-8552311631038672977.post-75847645664867824262018-03-29T04:04:59.828-07:002018-03-29T04:04:59.828-07:00According to Seedrs the date is May 2015 not Septe...According to Seedrs the date is May 2015 not September.Rob Murray Brownhttps://www.blogger.com/profile/10298710231782204493noreply@blogger.comtag:blogger.com,1999:blog-8552311631038672977.post-28510563513342011222018-03-28T03:51:30.330-07:002018-03-28T03:51:30.330-07:0020% gross I believe.20% gross I believe.Anonymousnoreply@blogger.comtag:blogger.com,1999:blog-8552311631038672977.post-32930058275813225752018-03-27T14:29:02.390-07:002018-03-27T14:29:02.390-07:00What ROI will Seedrs investors get on this?What ROI will Seedrs investors get on this?Jimhttps://www.blogger.com/profile/07721340608768626496noreply@blogger.comtag:blogger.com,1999:blog-8552311631038672977.post-60634680701906425142018-03-27T11:49:15.522-07:002018-03-27T11:49:15.522-07:00If the deal goes through before September sharehol...If the deal goes through before September shareholders in the Seedrs round will need to hand back their 30 per cent tax relief, and there will be no CGT benefits if they've used their annual allowance. Ok there'll still be a profit, but you could have made more money in less risky ways.Anonymousnoreply@blogger.com