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Investment Fei Fei Crab crowdfunding/investment

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icemanfx
post Jun 13 2019, 11:02 AM

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Sound like owner in huge gambling debts.

icemanfx
post Sep 8 2020, 01:21 PM

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QUOTE(tehoice @ Sep 8 2020, 12:45 PM)
didnt know this crowd funding existed.

When was it they first started? 2019?

I ate a few times in their restaurant, their food is quite good eh honestly.

So less than 2 years down the road and taking covid19 as an excuse, they announce that their business has failed and has ceased all the operations?

in the event of liquidation, shouldn't those share capital pumped in be returned to the shareholders/investors by capital reduction? etc?

so the founder take this chance and close everything as well as sapu all the remaining cash and bank balances?

soon, you will see another similar modus operandi operator crowd funding for another chain.

vicious cycle.............
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This scam is nothing new but in different forms.


 

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