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.."Does imminent in Italian mean something else đ.."
Great Q!
Take your pick :
.."Eminent is often used to describe someone or something that stands out above others in a noticeable way, while imminent is used to describe something that is about to happen very soon. Immanent, another adjective which is pronounced exactly the same as imminent is defined as âbeing within the limits of possible experience or knowledge.â
ATB
The Analyzer and Extrader the two stooges from the Telegram shorting group always try & paste anything at all even if we announced a billion pounds revenue you would try & pick holes it really is getting ridiculous now. This is why I try to stay away from this board as itâs populated by your telegram cohort and we do know who you are! So in essence when is it time up for you gents, when is the bell going to toll on time up?
What you will never give AZ credit for is the herculean effort to bring the old school global inventory trade finance into the world of modernity fintech & present a wholly unique way to do this. Building the platform alone is one hell of an achievement & the IP that has been produced is fantastic. Our industry partners are experienced & respected, we have institutional investors along for the journey with us piâs. Itâs so easy to sit back & critique but what have you achieved here in reality? Wasted your own time being here day in day out? You went short (that alone is the essence of a negative & bitter move), I cannot abide shorts they kick out, spew out negativity whatever is achieved, put in the kicks & try & use the company and shareholders as their personal punch bags again and again and again. But one day soon you will feel the might of the company rising up against your vitriol and will feel the pain & stress youâre so happy to dish out to holders here. Think about what you do in order to gain money here. It is spiteful & disgusting wanting, wishing a company to fail as they are trying to successfully be a first mover disruptor & to achieve a new way of doing things to benefit business and make trade easier globally & more efficient along the way. Shorting groups like you should be banned the same as naked shorting is banned!
2024 WILL reap the rewards of the companyâs hard work and expertise in this field. Like it or not. Now why donât you get a life and foxtrot oscar! I am sure everyone will agree we hope you very soon get squeezed to oblivion and I will personally welcome and celebrate that day! IMHO DYOR
Still in startup mode.
Loss-making and no real revenue coming in. Concept proven (again?) via VEChain transactions (although we were led to believe it was proven before listing) and agreements in place to deliver WL/funding.
On the surface, it suggests revenue this year and a pipeline of transactions, but weâve been here before. About 6 times to be exact.
The million dollar question is whether these agreements will actually lead to any delivery or fizzle out as before.
Does imminent in Italian mean something else đ
Basically as we know the results were rubbish, they need cash to keep going. And agreements to be confirmed as binding, its good that they are starting to gain traction with the banks but we need Banco White Label to be confirmed and then we might get more banks taking notice, still a long way to go to get any meaningful revenues in. And expect more dilution along the way.
As a LTH I would like to say this is "ready to fly" but sadly I feel there is more chance of the lights being turned off.
Can someone with a bit of sense break this RNS down, itâs such a long read. Seems positive for 2024, just need to write off 2023. The UK side seems very disappointing! Sounds as if the concept is gaining ground. Still not sure what to think?
Good Morning MRRR ,
no , no actual deadline , just that it is a work in progress.
Hopefully soon though...
Big loss as expected
Minimal revenue as expected
Material uncertainty over going concern as expected
Net current liabilities and net liabilities which mean SYME remain technically insolvent as expected
Cutting staff in 2nd half of 2023 and is being fined by Italian authorities for late payment of payroll taxes.
How long until next bailout placing and at what price?
SYME is on verge of insolvency and it is owed over ÂŁ1.7 million by TAG which remains unpaid. Requested almost ÂŁ1 million in 2024 but paid nothing.
SYME still overvalued.
Is there a date to be finalised?
Bounce incoming MM after 2.99 for large volume buys which seems fair and cheapâŚIMHO DYOR
Tom what you getting paid and when does it end? July? There is and always been 2 concerns that you never discuss.
I have to say fair play to your posting history around the big drops. You clearly got it right
That was a read and a half - critics canât claim thereâs no detail, they covered every single facet! 2024 is kicking it all in to place to reap the rewards; with so much volume of work completed and built in terms of the IP and first mover advantage platform & full working multi models & now full IM deal. There is no way any rival could in any way do what @supplyme have achieved albeit itâs taken far, far longer than any of us anticipated but in doing so they have actually built a better future proof model which will revolutionise global trade inventory management and monetisations on many levels! IMHO DYOR
In summary-
âAlessandro Zamboni, CEO of SYME, said: "I am pleased to report that SYME has made tangible progress during 2023, and following the announcements we have made already in 2024 regarding the commitment for the first White-Label transaction and the opportunity to commence work with the investment banking industry, we are excited about what lies ahead in 2024. The first two successfully executed Inventory Monetisation transactions confirm our model is an effective solution for our corporate clients. Additionally, I believe the Inventory Monetisation transactions are a safe asset class for inventory funders, and those who have already joined us on our journey are receiving attractive returns on their investments. This leads me to conclude the Group is better positioned now than ever before in terms of commercial opportunities despite the challenges we have experienced with our corporate funding in recent months.
The team are now prioritising the completion of the first White-Label transaction, the implementation of the security token and the IM securitisation programmes. Alongside this, we are focused on ensuring our corporate funding is sufficient to implement these priorities as the Group moves towards the breakeven. Looking further ahead, we hope to be able to generate sufficient returns for our loyal shareholders which includes both institutional and retail investors."
Albert Ganyushin, Chairman, SYME, said: "The progress with the White-Label IM in partnership with a leading commercial bank, tokenisation backed by leaders in digital asset finance and now the agreement with a neo bank to fund companies from our Italian pipeline, clearly demonstrates the market relevance of our innovative product, which is evidently gaining traction with leading players in their respective market segments. The team managed to overcome many challenges in 2023 and put in place foundations for SYME to start delivering in 2024 on its tremendous potential of reaching a large addressable market."â
It does sound promising and with the news the other day this has really good potential. They need to get Banco/WL over the line as this is whatâs dragging the share down. At the moment this is still delayed and no concrete news has come out to confirm any deals etc regarding this, hence the price coming crashing back down. As a lot of LTH have seen in the past we need confirmation as things can go south very quickly.
The 2023 results are as expectedâŚso no surprises there. Should therefore not impact SP (already at all time low). As AG says, foundations are in place for SYME to start delivering in 2024. Expects more RNSâs soon IMO. GLA.
Lbert Ganyushin, Chairman, SYME, said: "The progress with the White-Label IM in partnership with a leading commercial bank, tokenisation backed by leaders in digital asset finance and now the agreement with a neo bank to fund companies from our Italian pipeline, clearly demonstrates the market relevance of our innovative product, which is evidently gaining traction with leading players in their respective market segments. The team managed to overcome many challenges in 2023 and put in place foundations for SYME to start delivering in 2024 on its tremendous potential of reaching a large addressable market."
Does this not sound promising?
Been in every statement nothing new.
'On the basis of the factors identified in the above paragraph, the Directors believe there are material uncertainties which may cast significant doubt upon the entities ability to continue as a going concern.'
ÂŁ16m m/cap???????????????
Good god Luckybob I have been buying for quite some time - I posted yesterday re the good news RNS a pivotal milestone. But this is exactly why I refrain from posting on the SYME board because anyone who shows the slightest enthusiasm is strangely vilified! I am aware of the price action and my theory is split on whatâs behind it but itâs provided good buying opportunities has it not. Now should I filter you? Or are you going to stop with the churlish insults & stupid accusations and behave? If youâre so interested in my position here shall I run each buy past you every time as the self appointed headmaster here so you can check my homework! Now pipe down son enough! IMHO DYOR
I guess your not paying attention to the trading, the price manipulation? The spoofing ect..
If you've got such a hefty position , that you topped up with yesterday and today, how can your average be 0.027?
Unless you just bought in yesterday and are lying about topping up?
Like previous times. Your here for a quick trade.
That's fine, no need to sell your soul to do it though.
Well Flatliner thatâs an odd comment considering my hefty position average is in the 0.0270 why are you so worried about me? Iâm hardly thinking of selling up lol. Youâd only be concerned if your very own first thought is daytrading . So many comments of negativity here from those who havenât any skin in the game, theyâre either short of funds, short on experience or short! On a purely technical level this should begin to bounce! IMHO DYOR
The sheeple will wake up one day. For complete disclosure, at ÂŁ60k a share I'll probably be tempted to sell, or at least top-slice.
My warrants will be worth ÂŁ120,000,000,000, so probably worth cashing in at that point. I'd almost consider forgiving Alessandro at that price.
Lucky đ
Complete control with the 5.8b shares and Venus - pi never stood a chance here.
The 3 biggest drops AZ been dead quiet now that clearly highlights he knows what's happening. AZ always known where the SP was heading yet his comms and interviews said different. The BS unicorn promise and need of a high SP was bs.
Look at pump last may and the big sell off it's so predictable and blatant who is behind all this now.
Need more sells produce more free shares. Disgraceful
đ¤Łđ¤Łđ¤Ł. One day they will listen Fiisch..
SYME will be way bigger than Bitcoin, crypto has no intrinsic value whereas SYME is a global innovative business model with unlimited white label potential. When this rerates, people will be paying far more than ÂŁ60,000 per share.