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Hi apunter2,
Very 'troll'..;->
I'll take that as a failure to answer the question...or a failure to understand it.
Not sure which is the sadder.
Good luck with this and indeed your other investments.
SD I thought you had a £50K and a £30K which by my reckoning is £80K not £100K, could it be you making your numbers up :).
Shorting is stealing and you deserve all you get!!!!
Peace out!!!!
Seadoc, if you needed a loan in the near future the only way you'll get one is own a bank, this virus is going to get them in deep **** with defaults. SYME are going to be the masters of their own destiny, wake up!
Do not sell any what you have got to think here this could be 8-9p in the next 6 months
Midlandsmagnate
Best thing for you to do then is not to invest ..
I'll have your shares
Fancy being around 30% up on a day where the whole market is terrible
Remember that saying snooze you lose :)
Good luck in your other investments though pal
It will blow up in our faces by a year's time. IMHO
It will blow up in our faces by a year's time.
"Being a troll you’ll know all about bridges"
*Snork* New keyboard required - this one's covered in coffee.
Which part of RNS don’t you understand ..
Just blah blah blah
Being a troll you’ll know all about bridges
“Platform needs proving”hahaha ..
Just unbelievable nonsense from you .
Two days in a row as well
I said I am done and I am done
Filtered
Hi apunter2,
.."“ we now have capital and client companies.”..
What part of independently verifiable don't you understand ?
'Trust is good, checking is better', said by a man who wasn't even a capitalist.
I may have a bridge for sale....;->
ATB
Gap up to 0.70 coming.
Again extrader
Thanks for this ! The first tangible evidence I've seen of a real customer.
Just rubbish
From RNS
“ we now have capital and client companies.”
No good enough for you extrader
Just blah blah blah
Or we just assumed that as you clearly know everything about SYME that you had already read that and chosen to ignore it Extrader!
HereKittyKitty,
Thanks for this ! The first tangible evidence I've seen of a real customer.
The fact that I'm the first person to give you a rec for this tells me a lot about people's interests ;->
I didn't get the ref in your 14:18 msge, pls elaborate.
Cheers
Hi midlandsmagnate,
Well, the circumstantial evidence we have that SYME has/had little cash is that 1AF2 reportedly had to pledge shares as collateral in support of the 'first loss' security margin required by prospective funders.
THAT's in the 29/7 RNS...and backed up in AZ's own acknowledgement in the 30/7 Proactive interview.
Nothing wrong, btw, in 'monetising' otherwise unproductive assets.
I discount glassdoor comments as likely 'motivated' and in any event, historic.
ATB
ok, ty
Here is your proof
Alessandro Zamboni, SYME CEO, commented "This strategic Bank partnership is a significant addition to the Company's existing funding initiatives. Our objective has always been to form partnerships that would enable us to exceed our funding targets, and this agreement achieves that at one stroke. Our business model is highly scalable, subject to access to capital, and to client companies. With this new Bank partnership and the other on-track initiatives, we now have capital and client companies.
From RNS last line
Note - we now have capital and client companies.
What are the effects
exceeding the 2020-2021 (year-end Sept 21) EBITDA target
more rapid expansion within the Platform's target geographic areas
I'm afraid the cash in bank is not in any RNS, so hard to determine.
I'm going with not much.
"I did.
How much money do they have?
Who are the customers?
How many signed contracts?
Provide, I will retract"
Read the various RNS.
And, as you are the one making the original assertion, it is for you to provide the evidence to back it up - not for mick2 to prove the negative.
I agree. The poster asked what the risks were; they are the risks.
No company has customers etc when they are starting up. If yahoo, amazon or any other company etc etc thought like that they wouldn't exist.
About to miss the boat mate ;)
Gonna blow!!!
I did.
How much money do they have?
Who are the customers?
How many signed contracts?
Provide, I will retract
They have no money, customers or contracts
After today’s RNS confirming bank funding what are the potential risks now?