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1- big statements no delivery
2- the dodgy loan shares 5.8b
3- COI with TAG
4- Share movements
5- detectors paid 100%
We have been screwed to date y someone who knew a timeline and used it.
Albert I expected better
Well enough is enough AZ needs dealing with. Watch him skip the AGM.
His lies now are so obvious and what his intentions were.
WL what a load of BS with scam dates while all along someone has sold down, it's called insider trading. Happened all the way down
I've started a legal case and will update FFS more money but I'm not the only one. Biggest misleading case I've seen, so I've been told. He's right
A legal case? Against who and on what grounds exactly?
Are you attending on trying prove that the company is in contravention of The Financial Services and Markets Act 2000
(“FSMA”). Section 397(1) and (2) of the FSMA (relating to investments) provide that, in certain
circumstances, it is a criminal offence for a person to make a statement, promise or forecast
which he knows to be misleading, false or deceptive or is reckless in making it, or dishonestly
conceals material facts. In certain circumstances a person who does any act or engages in a
course of conduct which creates a false or misleading impression as to the market in or the price
or value of certain investments commits a criminal offence (section 397(3), FSMA).??
Whilst I'd love holder's to go after AZ and his band of merry troopers, I'd absolutely love to see the greasy smirk wiped off his face..
You need to look into the origination and parent address of the companies and owners before you start to think the FCA, and therefore the FSMA, can do anything.
One thing that attracted me, and made me bearish, to SYME, was the absolute perfect storm in which it was created in order to protect the ownership, and give the investors very little to non existent regulation shielding. Coupled with moving to standard market to negate the benefits of a nomad.
Unfortunately, any legal case will fizzle out like a wet candle, which is tragic.
Add on to that, how lucky was it for AZ that Tradeflow was Singapore based, and also enabled him to continue the story unchallenged (ever wondered why ex musician Tom James and ex musician AZ needed a third friend, a recruitment consultant charging more than specialists, to introduce them). Well, they are all millionaires out of it now aren't they.
The FCA is toothless to any non UK company. A giant bug bear of mine with our financial.markets, and if they showed their teeth, it would go a long way to protecting retail investors, but unfortunately, we don't matter too much to them.
Good luck if you go down the legal route, however, it pains me to say it'll be a fruitless endeavour.
Napalm - long time, hope you’re well.
I’ve a similar jigsaw but mine has a few more pieces than that. There is no argument, but there are a couple of pieces which I can’t seem to fit in.
Jim Coyle’s attraction to the company and AZ’s POP funding application? I’d be interested to hear your thoughts?
Fine thank you Steve, I hope you are too.
Jim Coyle, interesting appointment, I was impressed that he come on board, but I was sceptical about his involvement. In fact, I had a discussion with Johnski on 16th November 2021 (in my history), where I said he could be the saviour, but also be mindful of his remit. He was a big loss, I can ponder his reason for resignation, and I'd suggest it was after a deep dive into the intentions, however, that's purely speculation on my part.
Pop funding, I think that was nothing more than an AZ wing attempt, nothing more, nothing less.
I still think there are twists and turns here, I still see opportunities to trade, as long as the spread continues to lower as its been horrendous of late. I think holders can recoup some funds by recognising previous patterns and using those opportunities to their advantage.
I have not chan
I have not changed my view on the business or AZ. In fact, with his 'customer' announcements, I think he's been delving into new depths of low life (I found it extremely telling that after his first transaction, the true sale part of the website was wiped from the face of the earth, and his promised customer roadshow didn't materialise).
However, on a sort of plus, which won't be of comfort to many, but I always say every experience in the stock market allows you to grow, and even bad investments mean you'll become a better investor in the future. Some people will learn a lot from SYME, and that'll ensure they invest better and time trades with more thought in the future.
Now can someone go and give AZ a rocket. I hope he's brave enough to attend the AGM.
I have to say, with regard to legal action against the board, in my unqualified opinion if someone were to find a way of getting this company investigated, I believe that they would be forced to hand over the physical/factual information that supported their assertion in each RNS, because from a legal standpoint, I think one or too over enthusiastic projections of upcoming business/revenue or business deals could be put down to over excitement - but when we’re talking every single one….well imo we have blatant examples of investors being intentionally mislead.
There’s also the long shot - of unfair prejudice, as everything that has been done to date is for AZ’s benefit as majority shareholder and to our detriment as minority shareholders!!