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Crushpad’s Dire Email To Investors Sheds More Light On Implosion

“If we do not receive sufficient interest [in financing], we will be forced to initiate a wind-down process in the very short term.” — Peter Ekman email excerpt

 

The following email (below) has been received by Wine Industry Insight and pertains to yesterday’s article.

CEO Peter Ekman did not respond to our request for comment.

The email sender explained that, “As a previous investor, the motivation in forwarding this is to protect current clients and employees who have been lied to and have wine in barrel from throwing more money away.”

From: Investor Relations <investors@crushpadwine.com>
Date: June 13, 2012 4:45:41 PM PDT
To: Investor Relations <investors@crushpadwine.com>
Subject: Crushpad Series A Unfortunately Unsuccessful

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