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I see RTOP rising for two days with no RNS .... Not speculating of leaks or anything but it would be good to finally see a RNS to at the very least breakeven. I like many did listen to AZ promises I am still waiting but I must admit patience is running low because we have been left with no updates. I do realise that updates only happen if there is something to report, so concerned. Let see what happen personally I am tenths of thousands down. Let's see what hopefully the near future brings.
I'm still baffled as to how a CEO of a PLC has been allowed to blatantly treat his investors the way he has with no accountability.
He could have at least wore a mask!
We have had nothing but lies and missed dates from the off. AZ is full of something and it certainly isn't truth or morals.
Thousands down in here and certainly not worth selling for a few hundred quid. So one Hope's that eventually it will come good but you wouldn't trust him as far as you could throw him and let's face it he has eaten a few pies.
When, if we we ever get a funder !
"Same as usual in one hand out the other. MMs buying at agreed prices ( immediately holding and selling to stop price rising) and shares moving from Venus, Loan shares when will this ever end?"
Strange how both rise together.
8CP warrants12 month deadline today.
Yep DW & AZ thick as thieves maybe you should buy shares in eight capital investments that's were he is right now trying to raise 50 million to start up a digital bank ,shares are cheap as chips there at the moment,I still say this is going to be in the mix somehow my opion
Ginger you can look at this 2 ways. If a fraud, I'm not saying it is as invested, and you have a scheme to trade the share by carefully moving shares around ( loan shares example increased in value 4.5m to 50m then shorted) you could pay for the best staff and use someone like TW to S&D for say £25k a year and still make a tidy profit.
The fact we could not have been ready 2020 and the biggest misleading statements I've known only adds to the doubt.
I personally think bigger parties are in play, possibly banks and they want to be heavily involved at the right moment. They have made huge profits during the journey while the team build the platform integrating the latest regulations needed.
I also see this coming good at some point but with the charge and loan shares still in play anything is possible. I thought all the talk re loan shares was BS but clearly there is something drawing money from the pot and the loans were unnecessary. Also I've seen some Comms and they don't seem to give the loan shares any credibility.
Such a shame we simply don't get updates with realistic timelines. Double RNSs and interviews 2020 because it was necessary. Do we now have more insider information then we did in 2020? AZ been quiet in 3 periods, detractors timing on drops don't look good either.
This won't look good if WL not delivered in 2023 for say many reasons.
Anyway I have to say I added a little today so I am hopeful. ENET helped me out plenty today 👌
Well, negative posters...... What ARE the staff doing all day?
If you think AZ lied to us to keep his own salary going, whether I agree with that or not, at least it makes some sense.
But to lie to us so he can keep a bunch of other people's salaries going....? Where is his incentive to do that?
I don't buy it. The staff MUST be doing something.
Another account. 5 accounts open today. You immediate likes your self, you were told previously does this not give your hand away.
LSE let this happen, MULTIPLE accounts. 🤣🤣 40+ pi accounts deleted, 7 detractors. 1000+ pi, 2 detractors and LSE can't see the what's in front of them. Then again if TW paid..
So many accounts opened in preparation of this trading 2020 🤣🤣
More chance of the lights being turned off.
Positive posters will say everyone at Syme is working hard etc and they have a really good feeling and will continue to keep the faith.
This was always a gamble and this time we lost.
I hope the positive posters have lost more than me.
I expect this post to be removed by the usual suspects.
Buda.. in many cases CEOs will take payment in shares instead..
That's what AZ should do..
But he won't.. because he owns all TAG shares and his own.. making him impossible to outvote.
Desperation to get it past the auditor.
We had zero business.
Tf did, even if it wasn't profitable.
Before that we relied on the DD fees to get us past going concern..
Anyhow, I do agree with both of you on the trading.. difference is I think TAG is the culprit, not loan companies who I think are simply something to hide behind.
I think AZ thought he could make enough money to be his own funder in both IMs and captive bank ect..
As for TW, detractors ect ,Peter, it takes two parties to deramp/ramp in order to trade it..
Surely you have to see that.
You need to read detail Sent to me
"Monetary Authority of Singapore’s (MAS) Project Guardian pilot project.
JPM/Apollo ( remember Apollo first details re WL) collaborated to test digital assets for more seamless investment and management of discretionary portfolios and alternative assets, automated portfolio rebalancing and customization at scale.
The enterprise mainnet provides the scalability to add applications to a network with a KYC-compliant set of institutional banks, broker-dealers and asset managers.
Note Goldman Sachs and BNP ( all know BNP)"
Means nothing to be being honest
The penny has finally dropped!
The real question you have to ask yourself is why would the CEO of SYME do anything different in '24 than in the three previous years. The CEO's salary continues to be paid, there is clearly no jeopardy in repeating the cycle of raise/dilution, and there are ample trading opportunities for very large holders, of which he is one. The only ones suffering here are retail.
correct. a mechanism to make millions from mug punters. worked a treat.
fed a whole pile of *******s from day one and dw cleared out with millions.
maybe he has stitched up az but i reckon they are still as thick as thieves.
who was transferred the 961m warrant shares ? iwep used to have 977m shares 🤥🤔
Micky 100% I finally agree also that TFC was overpriced to obtain CLNs to reduce the SP to drag SP back to loan entry. You telling me due diligence could not understand Singapore laws? 7 months 🤣🤣
Thought this was all BS but it all adds up now. Basically this has been a trading platform for everyone other than pi who were trapped NOT KNOWING and trusting what was said was true.
Once the loans repaid, possibly charge settled, we will move.
You can see why TW mob were used. Either that or MMs playing highly illegal buying / selling. I did hear they bought huge amounts on 2 occasions for an agreed price.
The way I read the JPM offer is that it’s specifically for SaaS companies offering subscription-based pricing. That would not put it in direct competition with Syme, for the moment at least.
Want the same rise from SYME - our turn soon
CEP too. Billions of undeclared CEP shares gone.
Desperation when already flying 😂
He’s used this whole mechanism to trade. Loan shares, TAG “selling” shares to the 5 invisible “investors”. Do these revenues show in TAG accounts ?
Or was the transaction cancelled “based on the performance of the business” ?
Makes you think doesn’t it.
Afternoon Micky, if AZ wanted to floor the SP he could of just told the market funders were not convinced.. that would of done the job.
Rather than buying tradeflow.
I personally think we bought tradeflow to get us past the going concern issue.. since we had no business at that time and TF did.
That would also explain the ridiculous price we paid for it out of desperation and the silly introductory fee , again out of desperation