By Ben Turney | Wednesday 21 October 2015
Disclosure: I have no positions in any stocks mentioned, and no plans to initiate any positions within the next 72 hours. I wrote this article myself, and it expresses my own opinions. I am not receiving compensation for it (other than from ShareProphets). I have no business relationship with any company whose stock is mentioned in this article.
This morning ISDX Growth Market-listed Chapel Down Group (CDG) announced an innovative crowdfunding initiative to raise £1million for its subsidiary Curious Drinks. Launched through Seedrs.com, Curious Drinks’ EIS-qualifying offer has all manner of incentives packed into it, not least the 25% discount on purchases of Curious beer and cider for all those who subscribe for £500 worth of A Shares. This means that all those who qualify for EIS relief might only have to drink as few as 800 cans of Curious Brew to earn a free investment in the company. As enticing as this sounds for the drunken bloggers at ShareProphets (who between us have had all of 7 units in the past week), it’s the investment proposition that has caught our eye. There are a few clues that this could result in a significant pay-off.
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