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From LinkedIn…a nice little reminder…
Supply@me Capital's white label agreement with Banco BPM brings several benefits. Firstly, it allows Supply@me Capital to leverage Banco BPM's established presence and network in the banking sector. This partnership provides credibility and access to a wide range of potential clients.
Secondly, the white label agreement enables Supply@me Capital to offer debt-free inventory monetization to its clients. This means that businesses can unlock the value of their inventory without taking on additional debt. By using blockchain and Fintech technology, Supply@me Capital streamlines the inventory monetization process, making it faster, more efficient, and transparent.
The partnership with Banco BPM can be seen as a starting marker for the share price because it demonstrates the recognition and validation of Supply@me Capital's business model by a reputable banking institution. As other banks take note of this collaboration, they may be more inclined to explore similar partnerships or adopt this innovative approach to offer inventory monetization services to their own clients.
Overall, the white label agreement with Banco BPM positions Supply@me Capital as a leader in the field of debt-free inventory monetization using blockchain and Fintech technology. It opens up new opportunities for growth, establishes credibility, and potentially paves the way for collaborations with other banks in the future.
Once this BancoBPM Transaction RNS lands I would imagine Supply@ME Capital plc’s share price will start rebounding much higher to where it should be!
- BBPM is the third largest financial services group in Italy, with over €100bn in loans and advances to their customers.
- BBPM has a strong presence in the northern regions of Italy, which have a high industrial concentration in Europe.
- The achievement of the commitment for the WL Transaction is a significant milestone for SYME.
- The collaboration involved BBPM, the WL Client Company, external legal specialists, and two Big Four accounting firms.
- The WL Transaction involves the deployment of the first White-Label IM.
- The WL Client Company is a leading producer of Italian cheeses within the Agrifood supply chain.
- The WL Transaction will be funded by the dedicated Stock Company, with €8.5 million in bank debt from BBPM and €1.5 million in equity investment from the CH Trading Hub.
- Specific remarketers have been identified to sell the inventory (up to €10 million) in certain circumstances.
- The WL Client Company has committed to becoming a remarketer for a potential client in SYME's pipeline.
- The working group is now focused on delivering the WL Transaction through the execution of definitive contractual agreements.
Busy on here today 😂 must mean we are ready to push on with WL - can’t come soon enough , I wonder what the next line of attack will be from those who only see the negatives
To be fair I think a lot of the negativity is just genuine investors venting their frustration at the way AZ has gone about his business. One only has to look at the arguments/discussion yesterday around loaned shares and court proceedings etc to see how that frustration might come about.
I think that the WL deal with Banco BPM could lead to greater things but I suspect for now at least we are still at the "suck it and see" stage , hence the relatively small sum for first transaction, and BBPM are just sticking their toes in the water when what we would all like to see is them diving right in up to their ear'oles!
I find the overly positive posters every bit as irksome as the overly negative ones , a mixture of objectivity and perspective with splash of healthy cynicism mixed in works for me...
A T B 🤞🍀
If it weren't for the all the straw clutch and people trying to spin anything as a positive I'd probably be a lot less negative, a lot less inclined to point out previous failures to deliver.
A couple of week ago we had 2g2d saying we "could" get a line of credit with bpm. That turned into a "highly likely" very quickly and the next thing you know somebody is stating it as a fact in a discussion about finances and then stating they've averaged down massively off the back of that idea. Like Chinese whispers.
Then we've got others like Hughes writing things on other platforms and posting it here as if some expert has written it and never admits to been the author.
Then you've got the excuse makers who don't want to acknowledge the past and tell you to forget it.
Despite hailing previous initiatives as the thing that's going to prove "detractors" wrong, they still do it every time instead of waiting to see it happen.
At the end of the day, there's a small group of genuinely balanced people on here and they're surrounded by people who want to spin every tiny thing in one direction or another.
But I do know this, if you dismiss people's opinions and feelings , it's human nature to want to be heard and acknowledged.
General gist of my post is, if there weren't so many spin doctor bs merchants there'd be a lot less people complaining and highlighting past discrepancies
As a length I just want them to deliver something that has meaningful revenues. No point in having rose tinted specs on.
So much has been promised and not seen through so you can understand why people are negative and sceptical plus the fact many are thousands and thousands of pounds down that would effect anyone mentally.
Non delivered promises, Storm Harbour, Captive Bank, Fintech Bank, Lenovo, Sharia, Carrefour, Tony Brown and the US, Uk IM etc
We are now pinning our hopes on White Label £10mill IM with BPM, a token and a $135million IM or more dilutive funding to see us through the next 12 months.
I take everything Az says with a large bag of salt. On the positive side Albert seems upbeat and he was very conservative at the last Agm. Buying down here could see great gains if they get the WL in, but its high risk, because if they don't get funding soon we could be going to zero. I hope for all the loyal lenghts it comes off and we really do finally fly.
Would suggest anyone new looking in reads this https://www.supplymecapital.com/wp-content/uploads/2024/05/SYME-Annual-Report-2023.pdf
Peakhope: Busy on here today 😂 must mean we are ready to push on with WL - can’t come soon enough , I wonder what the next line of attack will be from those who only see the negatives
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Aged well, just like absolutely everything else it has posted.
Always a decent drop in the sp when peaky/Hughes/ell turn up and try to put a positive spin on things
Will this company ever make profit for shareholders? Time to think and answer the question.
Only if they can scale up and get the IMs done
It has not happened yet, why will it happen tomorrow? This is a lifestyle company like many on aim.
This is not even an AIM company!! :) :)....some clowns in here!
Who said it will happen tomorrow got a placing to churn yet
Saucy - getting personal is not my thing - no one knows how this will play out - we knew we needed to raise capital so it’s not totally unexpected but have to admit very disappointing - most posts on here have not aged well both positive and negative - to describe someone as “it” shows the level of intelligence and lack of common decency LTHs are up against -
As I said very disappointing but it does keep the lights on and hopefully it’s the last bit of negativity before WL and Neo banking group IMs 🤞🙏
I expected a new share capital subscription but didn't expect this amount of dilution (12.5%) given the rise was at a SP in the 0.01p's (plus 'a few' warrants, luckily a small quantity compared to the number of new shares issued).
I suspect we now wait until June for any major news flows (not before) and then the question becomes how high can the SP go. This being an illiquid stock, the technical analysis is perhaps not that useful but I see 0.05p as being a major resistance level. If that breaks, then who knows how high this can go. GLA.