The latest Investing Matters Podcast episode featuring Jeremy Skillington, CEO of Poolbeg Pharma has just been released. Listen here.
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All the company ever does is talk about its plans.
It's the lack of delivering those plans and buying a business using CLNs and having no revenue and the constant selling that's put the sp where it is.
I'm not interested in what they plan on doing. That's all we've heard for 4 years.
I want to know when it's done or why its not done.
What's the point of telling us the plan if they have a record of not delivering it.
Remember the presentation?
WL rolled out across multiple regions in 2024 , but we were going to WL in 2023..
White label is costing me a fortune in black label. AZ’S next RNS will be reliably late, but dependably covert and consistent”.
One aspect of reporting that needs to change is the emphasis on forward thinking. Investors want to know about the company's plans and how it intends to create sustainable long-term value including capital investment over a timed schedule. IMO: This is the main reason the SP is where it is today, not because of delays but the reluctance of the board to inform and update investors. Without a viable plan the board leaves everyone regardless of white label completion in the hands of the Pump n dump, smash n grab, Pounce n trounce, ejaculate & evacuate crew. No real news re Vechain apart from more prototype testing.
GLA
🤢
AZ, is that you 😜
An estimated US$44tn is locked in supply chain's at any given moment.
The journey we are on here is to unlock some of that working capital.
Think I misread that been on a day long binge!
"Still time for AZ to snatch defeat from the jaws of victory and syme the skinny lady just as she's about to burst into flattulance."
👉🥃🍺🍻🥂🍾🍹🍸🍷.......bottoms up......burp!
Still time for AZ to snatch victory from the jaws of defeat and stymie the fat lady just as she's about to burst into song.
...and just for the avoidance of doubt and despite my general cynicism I DO have a few thousand quid of my hard earned in here so come on AZ give us something to smile about!
🌈 🤞 🍀
I’m afraid I’m at the point where I’ll believe it when I see it and not before.
... until az lets us down again?
"long term holders will be rewarded" my ****.
We are nearly there and the waiting finally ov
It has got to go up over 2000% for some of us to get even near getting excited.
Its 8.77% up already! isn't this flying or what? if you stay steady you feel the air under your wings.
Same shOITE SHOW i CHECK IN FROM TIME TO TIME
AZ Still hasnt delivered shareholders are well down
Like I said buy a Ninja air fryer and start saving some moulla, peave of shoite share we are ready to fly yeh what a load of rollocks
Do I? There was about 800 remaining LTHs down from about 1500 if memory serves when I was booted from General... I've no idea if they were hodling, trading or otherwise, but I do know trading has been an ever-present discussion in every SYME group I was in previously, to the point I grew tired with the bickering.
At what point to the remaining LTHs start kicking up a stink? If WL doesn't come to fruition? Or do we wait for the next SACE/VEChain/whatever else story AZ can invent to kick the can down the road?
#Does, not dies
For all my negatives, I do think he's trying to get this WL done , I just think he's trading to get the money together to do it. And I think that's how he was supposed to buy a bank and why it never came to be.
Time will tell on both if he gets it across the line and more importantly if it snowballs and does so quick enough to cover running cost and then make profit.
If it dies the SP will go up.
But we all said the same about traditional IM and we've done Jack all since, that hadn't snowballed and seemingly takes so long to happen it's not even viable.
P i think you know a lot of the lths and you know they have not been trading it :)
ATB all holders
#skeggylies
Think we just have to admit that we’ve been had by the looks of it 🤦🏻♂️
"Don't you mean billion"
No
"the dedicated Stock Company will fund the WL Transaction through a combination of the secured ?8.5million bank debt from BBPM and ?1.5million of equity investment from the CH Trading Hub;"
But half a billion is what itl take in WL IMs to cover
years cash burn
@MRRR - 1000% agree with you. Perhaps I was naive, but I am staggered a CEO can tank a share price 98%, list another company and do exactly the same with RTOP, and there isn't either an FCA collar or a shareholder revolt. Perhaps AZ should consider updating our ticker to #SIMP.
I am sadly in a similar boat, to the point that it has deterred me from investing in individual businesses going forwards. I rescued what little I had left here and stuck it all in an ETF. I miss the excitement of investing in start-ups, but I feel well and truly had here, and I think SYME serves to highlight what little protection we as investors have.
Why hasn't an EGM been called? Have a lot of those purporting to be LTH's been trading this calamity all along?
Don't u mean billion ?
Ita not overlooked, but I suspect its the 1.5m we're waiting on.
One thing overlooked is that this commercial process is not so much driven by SYME or AZ for that matter but by the client in this case Banoco BPM. Hence it remains to be seen if the bank or its corporate client's like the WL IM product offering, frustrating for many but that's the reality, just a waiting game now!
Nothing to see here again. Many will not say what I am about to say, but I have to be a realistic at this point and I believe this statement is true
3.5 years and 98% down on my big investment here, I am tenths of thousands pounds down here.
It's not acceptable because SYME promises were made and we invested on those promises. I am extremely disappointed.
There could be a few surprises out this week!
A long, hard wait may now be slowly coming to fruition.