Happy to take our money, but now suddenly we need to confirm youāre not dodgy - but you already know that because you did due diligence when I first invested, right?
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Imagine locking up the bosses money for 7 years in a dodgy CC investment instead of just using Turkish Barbers like everyone else 
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This is akin to what betting/gambling companies do - no questions asked when you deposit and makes losses.
But Spanish inquisition if you dare to try to withdraw any winnings!
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If you were earning interest on 10s of millions of other peopleās money, you might be slow in distributing it too
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Just emailed CC to enquire why checks werenāt completed earlier , no response back yet.
Also asked because delay is at their end why not interest paid.
Itās bad enough with the raw deal from Freetrade, now getting poor service from CC.
For a small investor the odds really are against you making money against the bigger players. I will not be investing again in crowdfunding.
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Yes but dodgy Dave youāre but a mere founding member 
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I suspect that is the real reason for the delays but itās highly unethical, and problematic from a regulatory (consumer duty etc) perspective. If I am not in funds by Friday I will take things further. They are sat on a five-figure sum of my money (and many othersā) for no defensibly good reason at this juncture.
Iāve already lodged my complaint, on the basis that you canāt take it to the Ombudsman until youāve given them (the errant company) 8 weeks to respond. Might as well get the ball rolling now.
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Crowdcube told me today they received the funds on the 4th April and distributing the funds in batches this week and next week, so itās another week earning interest at our losses
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Indeed I got the same fobby email. Itās very poor practice, and they know it.
Personally I canāt wait to get my money so that I never have to come back to the whinge fest that is this forum
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Exactly poor excuse because I had already been paid from Crowdcube last month on some profit from Moneybox yet Iām getting a small amount back (at a loss overall) yet I see on here some people have been paid.. Crowdcude and Freetrade should get into business together and set up a Circus!
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Im sure you love us really.
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There is no CGT on EIS investments that are older than 3yrs right?
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No not correct, you still need to pay but at a reduced rate - I have a link you can use, just put in your bank details, motherās maiden name, etc. And I will get it rolling for you.
Just to clarify before the forum police arrest me and ban my post
you are correct, if you successfully applied for EIS and received tax relief on your investment then it should be CGT free after 3 years.
Itās one of the reasons I didnāt sell up in 2021 - though what a mistake that was in hindsight!
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How CGT Exemption Works in EIS
The CGT exemption under the EIS allows investors to avoid paying CGT on any capital gains made from the sale of EIS-qualifying shares, provided they meet the following conditions:
- The investment must be held for at least three years ā The shares purchased through the EIS scheme must be held for a minimum of three years to qualify for CGT exemption.
- The investor must have claimed the 30% income tax relief on the initial investment. If the income tax relief is withdrawn or lost, the CGT exemption will no longer apply.
- The company must maintain its EIS status during the holding period. If the company ceases to be eligible for EIS status during the three-year holding period, the CGT exemption may be lost.
I invested in R3, which I think is in 2018. I did claim 30% income tax relief.
So remaining thing to check is whether the company maintained EIS status throughout 2018-2021?
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I think it did if I recall, I think EIS was still offered on subsequent rounds
Not all it wasnāt.
Itās best to not say anything if you donāt actually know rather than just spreading misinformation.
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Freetrade was eligible for EIS (Enterprise Investment Scheme) relief up until 2021, at which point they reached their EIS limit. Following this, they began offering:
- Regular Equity in November 2021 with a share price of Ā£9.2499
- CLN (Convertible Loan Note) in September 2022 converted at Ā£2.08
Freetrade qualified as a āKnowledge Intensive Businessā which provided a higher annual and lifetime EIS allowance. Freetrade never lost its EIS eligibility. If anyone has any contradictory evidence then please do share it.