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It's a discussion board for discussing!
If I go to banco and they acknowledge what I'm saying (highly doubt they would respond)then I'm shafting every single shareholders last chance of getting any money back.
My MO is to get acknowledgement for all the mental stuff that's happened to date, not to ruin people's last bit of hope.
Yes I was scrapping the barrel I was going to refer to Al Capone's recent appointment as investor relations director but he's dead and that doesn't count!
"Moaning"? ...oooh that was low blow 2GTD , a cheap shot if ever i saw one! 😆
Bob
I don't need to answer anything if you have doubts over the business and directors legitimacy why not contact Banoco BPM and 'whistle blow' you have every right to if your suspicious over business transactions or directors dealings.
Moaning here won't achieve much I can assure you and nothing you state is new as information or allegations made.
No, I've answered your question.
I have contacted various people over the years.
If this doesn't happen soon I'll then contact BPM.
But they aren't the ones who can answer anything related to symes operational tactics.
Like the rest of symes partners, I highly doubt they will acknowledge my questions.
You haven't answered anything
Bob
No deflection on my part actually you are the one deflecting.
I've explained my concerns to AZ, to quadrivo (4 times), to storm harbour (before the went bust)
Again, You deflect because there are no plausible legitimate reasons for 90% of what AZ has done.
Have you explained your concerns and allegations to BANOCO BPM?
Why just deflect every criticism? Is it because you don't have answers for any of the wrong doings?
Because they can't be explained away can they..
You know the same thing was said about tradeflow when they were hailed the best thing since sliced bread . "Well they've looked under the hood and kike what they see" , no, they got made millionaires.
And quadrivo who were going to be £8b deep by now.
But hang on.. we never bought a bank, so they won't even fund 1m?? Weird isn't it.
Why was it we never bought a bank? Economic conditions! What economic conditions affect a captive bank who's sole purpose is to fund only syme?
Have you explained your concerns and allegations to BANOCO BPM who no doubt would have done a through KYC 'Know Your Customer' background check on AZ, all directors, all the various businesses and ownership chain to ensure that it is vetted as part of the banks regulated and legal requirement as well as its internal policy before engagement with SYME as a supplier...They would have checked everything including financials, individuals residency and background checks including financial health of the business, credit history etc etc...
Likewise the major Italian cheese client of the bank would do similar background vetting and due diligence checks on SYME and wouldn't simply rely on the banks confirmation.
Have anyone one of you worked at a major bank and know first hand supplier engagement vetting and background validation due diligence checks and processes that are involved and that occur before, during, after, and ongoing checks when a new supplier is invited to bid for a supply contract with a major bank?
I don't believe neither party, bank or corporate client would have given any time to SYME (and AZ for that matter) if through their own due diligence and background checks they had concerns over legitimacy of SYME or its connected parties and business operations.
Whether the business model works and slowly ramps up is one thing accusing directors of shaddy practices, dodgey proceedings, and with some calling out fraud is another.
It's a money making mechanism 2g2d
Why do you think TAG aren't publishing their accounts.
2G2D: "why do it that would make no sense struggling to get a difficult business model off the ground"
That's my point - 4 years since listing, supposedly numerous years prior to that developing the model, numerous seismic shifts in strategic direction, and they haven't. The business model is very much grounded.
To turn that on it's head, why get involved in a secondary business (RTOP), why buy and then sell another business (Tradeflow), instead of focusing on getting your own difficult business model off the ground?
Explain the pledge to buy shares 2g2d.
Can you name any other company thats done that?
What passes me off more than losing money , is the amount of people on here refusing to acknowledge the huge red flags and just flat out denying how dodgy AZs moves have been.. like the pledge to huÿ shares..
Frustrations are running very high on this board...Understandable given delays, setbacks, and false dawns....However no one is going to go to such extradinary lengths to get a business concept off the ground if their sole purpose was to decieve investors and pocket their cash there would no logical rational to continue when the business could have been wound up and the directors pull out with a very healthy sum of cash already pocketed....why do it that would make no sense struggling to get a difficult business model off the ground..Hence its important to allow everything to run its course in due time..And if in the end it goes pear shaped I don't believe it will be through want for trying and we may well find quite possibly a pleasant surprise emerges from those stormy dark clouds in due course which may surprise many of us!
Haha LSE over-zealous swear filter there... Gun-reference not an intentional expletive, and punishing me by making my entire message lower case. Oops.
i'm angry so my judgement is clouded, but fwiw with benefit of hindsight and with the lack of delivery (barring a couple of half-****ed im's through vechain to keep the story alive), i think syme was set up with the purpose of making money through share movement rather than through the business model itself. the loan share agreement, the open offer, the inflated tfc purchase funded by clns only to later sell it with the relationship delivering nought, az's li messages, the options calls, all points to a ceo who was far more interested in what the share price is doing than business delivery. none of these activities really make any sense in the context of setting up a new fintech with an innovative product.
And the little runt keeps taking his big fat salary… ‘kin barsteward !!
Whats your opinion on the huge sells, lack of buys and falling sp?
Like you say the huge spread putting off any buyers.
Mm’s been buying 100’s of millions of shares, no buys to soak them up.
Sp in decline so they now worth a lots less.
No way are they buying them up and watching their value drop week by week.
@chewy8uk - no, I'm not tw or Nobby reincarnated, otherwise I wouldn't be £15k down thanks to AZ and his criminal enterprise. My losses would be a lot bigger if not for some lucky (crazy?!) averaging down. I sold up in September/October time for 0.10p on a spike, and to be honest the current share price since has me incensed. Hindsight casts a very dim light on some of the disclosures, activities, statements and LinkedIn messages from AZ and others shared across Telegram. I even had a letter sent to my home address by a troll urging me to sell. The dwindling share price and still the lack of WL delivery (yet another delay for a supposedly transformational move in the company's development) leaves me with the overwhelming feeling I've been well and truly had.
For a long time I was one of AZ's biggest defenders. I've been here 3.5 years, I made over 40 purchases, and I now sincerely regret every one. I believe I was falsely induced to purchase shares based on material representation in formal news releases to market, and I've said as much to the company (although they have declined to respond).
So when I see baseless ramping using the same phrases that people were banding about in late 2020, I'm inclined to call it out. I'd dearly love to see AZ turn the ship around - I still have enough warrants that a return to the SP of 0.10p would take the sting off my losses here, but frankly the continued antics, distraction techniques, pining false hope on unrelated bits of news, the embarrassing RTOP performance, now huge spread and noticeable lack of buys, it is looking increasingly unlikely.
1.Whens WL happening
2.Whats going on with Vechain in relation to Syme
3.How many montisations taking place at the moment
based on all the sells vs buys the past few months there is a **** ton of shares not accounted for.
last time this pattern happened and we were this low some bug trades popped up at end of day and then we recovered.
thats why i have my opinion which i am entitled too.
are you tw or nobby reincarnated?
jumping at any body who posts anything positive?
alrhough i fail to see how saying some big trades at near all time low prices may show up is classed as ramping.
Toodle pip
Luckybob off home now i only post here when at work
so good day lol
ATB all holders
#cometotheagm
#skeggyfailure
Chewy8uk - are you JonesRichard reincarnated? If you’re going to make silly suggestions, at least back it up with some justification otherwise it just comes across as desperate ramping.
I’m tempted to goto the AGM to go on the rampage - do my warrants (now utterly worthless) qualify me as a holder? Anyone remember the Open Offer? What the $€|¥ was the point in that, and what happened to no more dilution?