It’s happened many times here and elsewhere. The moment you relinquish any degree of control of the board, you run the risk of shareholders being called to fund what’s needed and if you can’t step up, dilution will happen.
In the case of the Hooded Ram, all of the ‘investment’ wasn’t even that, it was leveraged debt by Raj. Which is even more dangerous.
I like Fyn. My favourite product is actually Glashytn Rum over their gins. But I’m surprised Mr K allowed this scenario to even happen, given his background and profession.
My favourite Gins from Scotland I buy off Master of Malt usually.
Go check https://www.masterofmalt.com/distilleries/fynoderee/ - no stock, who is to blame for that? Wholesale? No reorder due to lack of interest?