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Showing posts with label facewatch. Show all posts
Showing posts with label facewatch. Show all posts

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.