Thursday, 2 November 2017

Is Lickalix melting?

Licklix raised £235k on Crowdcube in 2015. Accounts for YE January 2017 show zero cash and large losses. Crowdcube projections showed £1.2m revenues and £280k NP

It looks like yet another example of Crowdcube's highly exaggerated projections and a business plan fit only for the bin. They havent closed yet which is a surprise given the CA position in January, so maybe they have turned it around.  

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