GooseBook’s fortunes fell on Friday after Thursday morning’s announcement that cackle-enabled devices will not be lent to filmgoers this year nor will they even be allowed inside the Park Cinema during PIFF 2013’s Noon Nuttiness screenings.

The social network site, which is the parent company of cackle (as well as peck), stood to add to its financial base through a group of private investors who had planned to support the company in its new endeavours. But after Thursday’s announcement by PIFF Communications President Leola Ocelot, the group withdrew its offer of support, a spokesAnimal for the investors told The Mammalian Daily.

“The group [of investors] does not feel that the time is right for them to invest in GooseBook. Unfortunately, Park Animals continue to associate the company with the violence that broke out during the 2012 Noon Nuttiness screenings, even though the company was not involved in any way and publicly condemned the violence. Although the group is supportive of GooseBook, it has decided to hold off allying itself with the company until such time as GooseBook is able to repair its relationship with the public,” the spokesAnimal said.

Although some financial experts regard the loss of these private investors as “sounding the death knell” for GooseBook, the company’s CEO and President, Lester C. Gander said in a statement today that he is confident the company will find the support it needs “from both the public and investors.”

GooseBook was the brainchild of the late Cesar Emilio Gander, who founded the site while a student at the University of West Terrier. After his untimely death in 2009, as a result of a collision with a passenger aircraft, Lester Gander assumed the position of CEO and President. With Gander at the helm, the company has grown and the membership of all three social media sites has tripled in the past year.