Investors fear for town’s gin future
A PENSIONER fears his savings have been lost after he invested in a company called McCaigs Distillery, which launched an online crowd funding appeal late last year.
After investing £2,500 in the firm, which plans to make gin and vodka, the pensioner says the owner has failed to provide any sizes of barrels or say when the distillery will be opening.
However, the pensioner said he has been told by the company owner he is not to worry and that ‘everything is on track’.
McCaigs Distillery, a new company hoping to open premises in the town, undertook a private appeal for funding through Facebook. The request for funding was closed ‘ seven weeks ago’. Investors were led to believe gin and vodka would be distilled from premises on the Railway Pier in Oban. However, concerns have since been raised about the company via Facebook.
When asked about his plans, the sole director of McCaigs Distillery, David Eric Robertson, said it was ‘not in the public interest’ to say where he was setting up his distillery or when he would start making the gin.
Mr Robertson said he was not prepared to go on the record in answer to a ‘ bunch of lies’ about him on social media. He added: ‘It is seven weeks since we closed the crowd funding and in that time agents don’t get back to us. This is all just Oban gossip.’
He posted on social media: ‘Look guys whatever your problems are, our plan is on track. Yes it’s taking slightly longer to open but it’s certainly no grounds for this type of suggestions that you all seem to have about me! I took a holiday over the festive period to spend time with my family away from the manic that is Facebook. We only just closed the round in November. Take a chill pill!’
Mr Robertson’s company is registered at an address at George Street, Edinburgh.
The Oban Times looked at reg- isters of licensees and through minutes of meetings of Argyll and Bute Licensing Board over the past year and could find no mention of Mr Robertson or his distillery. A number of members of the licensing board had no recollection of Mr Robertson and his plan. Four investors contacted The
Oban Times. One said: ‘I took Mr Robertson at his word and I still believe he will deliver. I couldn’t find anything that would have stopped me investing. My concern is that there is no size of barrel. I was told by Mr Robertson that “if it all goes belly up”, I would still have the barrels of gin to sell.’
Another said: ‘I feel stupid. ’