Tuesday 25 February 2020

Crowdfunding firm to investors: Cough up $40M or lose it all

Troubled crowdfunding firm Prodigy Network has contacted investors for the first time in months — and the news is not what they wanted to hear. In a letter obtained by The Real Deal, the firm asked investors in a commercial building at 84 William Street to come up with $40 million to keep the property afloat. Otherwise, the letter warned, they could lose their investments in full. The other option would be to sell the



source https://therealdeal.com/2020/02/25/crowdfunding-firm-to-investors-cough-up-40m-or-lose-it-all/

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