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@Velocio
Yes, and it's not like it's not happening, but your expectations of how fast HMRC move may not be realistic.
The important part of the Seedrs stuff above is just this:
We're using SEIS and not EIS.
Have we spent more than 70% of the money? No.
Have we been trading more than 4 months? Yes.
Does that mean it's eligible, yes but only very recently (weeks, not months - based on the investment date).
That recency of eligibility is why you haven't yet received anything, and seriously I phoned my accountants yesterday, phoned Seedrs, had a few Skype chats, and have the lawyer at Seedrs pursuing HMRC.
It really is being chased, but HMRC are glacial in some things and we were only recently eligible.
Seedrs have a very big incentive to ensure that you guys, as investors, are accommodated as quickly and smoothly as possible.
It may not be possible for them to make HMRC go any faster, but Seedrs, Microcosm, and our accountants will turn round all of our obligations in hours (days at worst), but as the process includes waiting on HMRC filing forms and waiting on HMRC some more... we can't actually move faster.
Remember that Seedrs aren't just match-making on a 1-1 basis, they hope and expect investors to diversify their portfolio and hope the entrepreneurs will hyper-focus on their startup... effectively Seedrs values you the investor far higher than they value me the entrepreneur. All of their incentives are to ensure you guys are totally happy.
If and when I hear anything, I will share it. I reckon that Seedrs will communicate with you guys when they have concrete updates from HMRC, whereas I can tell you as and when I perform my bits of the process along the way so that you can get a realistic expectation of when it will be fulfilled. So when I receive the SEIS1 to file, I'll tell you. When it's filed, I'll tell you. When I get the SEIS3 back, I'll tell you. Then Seedrs will be the one to distribute that (I believe).