Time scales IMO10 Apr 2022 12:34
Been following Syme for some time and holding.
My opinions only, DYOR
1) Ending June/July (most) ERP /IOT will be in place to bridge capitalisation compliance standards. Further tuning of accountancy practice with comprehensive data streams Q3.
2) Aug: Existing Share Loans structure tidy up pending CAP.
Board views on IM vary, however I`m satisfied that the initial IM will be accomplished via a hands-on method rather than utilizing the Syme engine model. More human resources will be required to start IM`s rolling. (I'm keeping an eye out for recruitment within the group).
There are over 2500 fintech’s based in the Uk an indication that this is an exciting and highly competitive marketplace. Most disruptors are hampered by regulation, but when funding establishment`s continue to move towards smart contracts via Block chain the momentum for change is strong.
Looking forward to the business strategy goal report due June 2022.
Enjoying the Journey.
ATB.