Same old story. Evidence that investing via Crowdcube is a nonsense, just keeps on mounting.
Local Vets is a website. Its run by Locovo who raised £49k off Crowdcube investors in 2016.
Accounts for YE July 2017 show very little activity and almost all of that investment gone. Losses appear to be in the £40k range.
They have 68 followers on FB, which for a business backed by £50k equity capital, has to be a record.
They printed a magazine via Issuu. Well they printed one edition in 2016, nothing since.
It clearly hasnt worked so far. Maybe 2018 is their year.
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