Member Info for harleygreen

I certainly agree the 45 mag was not the pistol of choice for accuracy but I can assure you I could hit a bull from 25 yards with my right hand. Not reliably but still... The Python magnum was an easier gun to use. My own preference which I used at the Police /gun club/ range at Hadleigh in Essex was a Smith and Wesson K38 police special.

I believe I still have my "crimper" somewhere, probably got some re load wad cutters somewhere..

As far as SYME goes

This also means the convertible funding loan from Nuburu $5.15m is fully annulled and replaced with a bond so no share dilution there then with cash on lent to Tekne earning 2% upfront fee plus share of loan margin spread typically around 1.5% per year!

Small to start with but no doubt will grow in value given the depth and liquidity of the private debt market in Europe..I can see the remaining c.€25m+ bond line being soaked up fairly quickly.

This also means the convertible funding loan from Nuburu $5.15m is fully annulled and replaced with a bond so no share dilution there then with cash on lent to Tekne earning 2% upfront fee plus share of loan margin spread typically around 1.5% per year!

Small to start with but no doubt will grow in value given the depth and liquidity of the private debt market in Europe..I can see the remaining c.€25m+ bond line being soaked up fairly quickly.

It's a good start. :)

The green boxes don't want people to see the news.. Gives you a fair idea of their mentality and their de ramping tendencies.

SYME 3 Bonds – Strong Investor Demand Expected

SYME 3’s first inventory monetisation transaction is live! Nuburu has subscribed to €5.25M bonds to fund Tekne S.p.A. inventory, secured by inventory and receivables, paying 3M Euribor + 7.5%.

High yield + low risk makes this very attractive to professional investors. A 7.5% margin is a highly attractive return in the corporate bond and government debt market will attract plenty of investors no doubt will be sold out very quickly..matter of a few weeks!

Likely buyers include banks, asset managers, hedge funds, and private debt funds seeking collateralised returns.

Full €30M program expected to be taken up in tranches over coming weeks/months as investor confidence grows.

SYME earns 2% platform fees upfront → proving revenue model works in practice.

Execution of this first deal is a strong validation of the platform and sets the stage for predictable recurring revenue and broader investor participation.

Save your energy green boxes..For when the rns comes out. :)

Green boxes don't like news...and they don't want you to see it. This is the first connection involving platform between the two buru and syme. It's a start.

First time we’ve seen real production + revenue visibility

Even €5–10m is material vs near-zero historical revenues

€80–120m shows credible scale potential IF executed

But let’s stay grounded

This is still early-stage execution

Revenue is projected, not guaranteed

Nuburu Inc. only has partial economic exposure (not full ownership of Tekne) �

ir.nuburu.net

The bigger picture (this is where it gets interesting)

If this scales:

You’ve got:

Vehicle platform (Tekne)

Ukraine demand (real, urgent, funded)

Potential integration of:

Directed energy

Drone manufacturing / repair

👉 That’s where the defence narrative starts to connect

Final thoughts

This is the first update in a long time you can point to and say:

Something physical is being built, not just talked about.

Execution is everything from here.

But today’s move?

For once — it actually has a real operational trigger behind it.

Then overlay on top Supply@ME monetisation of working capital to fund the project with an Italian Government bank guarantee.

First time we’ve seen real production + revenue visibility

Even €5–10m is material vs near-zero historical revenues

€80–120m shows credible scale potential IF executed

But let’s stay grounded

This is still early-stage execution

Revenue is projected, not guaranteed

Nuburu Inc. only has partial economic exposure (not full ownership of Tekne) �

ir.nuburu.net

The bigger picture (this is where it gets interesting)

If this scales:

You’ve got:

Vehicle platform (Tekne)

Ukraine demand (real, urgent, funded)

Potential integration of:

Directed energy

Drone manufacturing / repair

👉 That’s where the defence narrative starts to connect

Final thoughts

This is the first update in a long time you can point to and say:

Something physical is being built, not just talked about.

Execution is everything from here.

But today’s move?

For once — it actually has a real operational trigger behind it.

Then overlay on top Supply@ME monetisation of working capital to fund the project with an Italian Government bank guarantee.

So! a shift into execution.

The update with Tekne S.p.A. confirms:

The GRAELION platform has now entered production

First tactical prototype is on the manufacturing line (certified 17 March) �

ir.nuburu.net

This triggers initial revenue of €5–10m (Phase 1) �

ir.nuburu.net

With a structured pathway toward €80–120m annual program scale �

ir.nuburu.net

That’s a very different position to where we were even a few weeks ago.

What’s actually changed (this is key)

Before:

Framework agreements

Strategy / positioning

“Potential” revenue

Now:

Manufacturing has started

Prototype built and validated

Revenue phase initiated

That is the transition from story → execution

Important context (missed by many)

GRAELION vehicles are already operational in Ukraine (demining use) �

Investing.com

This program is NOT developing something new

It’s scaling an existing, proven platform into military deployment and

Why the market reacted.

SYME 3 Bonds – Inventory Monetisation Live!

First tranche €5.25M funding Tekne inventory, secured + 3M Euribor + 7.5%

European private debt market size: ~€1.5–2 trillion AUM (2025), with hundreds of professional funds actively seeking secured, high-yield opportunities

Early-stage SYME 3 tranches could realistically tap €50–200M addressable pool among private debt funds, hedge funds, and banks

Full €30M program potential → platform execution validated by first deal

SYME earns 2% upfront fees → guaranteed revenue, zero risk

High yield + collateral + first executed transaction = strong institutional demand in a multi-trillion € market!

SYME 3 Bonds – Strong Investor Demand Expected

SYME 3’s first inventory monetisation transaction is live! Nuburu has subscribed to €5.25M bonds to fund Tekne S.p.A. inventory, secured by inventory and receivables, paying 3M Euribor + 7.5%.

High yield + low risk makes this very attractive to professional investors. A 7.5% margin is a highly attractive return in the corporate bond and government debt market will attract plenty of investors no doubt will be sold out very quickly..matter of a few weeks!

Likely buyers include banks, asset managers, hedge funds, and private debt funds seeking collateralised returns.

Full €30M program expected to be taken up in tranches over coming weeks/months as investor confidence grows.

SYME earns 2% platform fees upfront → proving revenue model works in practice.

Execution of this first deal is a strong validation of the platform and sets the stage for predictable recurring revenue and broader investor participation.

SYME 3 Bonds – Strong Investor Demand Expected

SYME 3’s first inventory monetisation transaction is live! Nuburu has subscribed to €5.25M bonds to fund Tekne S.p.A. inventory, secured by inventory and receivables, paying 3M Euribor + 7.5%.

High yield + low risk makes this very attractive to professional investors. A 7.5% margin is a highly attractive return in the corporate bond and government debt market will attract plenty of investors no doubt will be sold out very quickly..matter of a few weeks!

Likely buyers include banks, asset managers, hedge funds, and private debt funds seeking collateralised returns.

Full €30M program expected to be taken up in tranches over coming weeks/months as investor confidence grows.

SYME earns 2% platform fees upfront → proving revenue model works in practice.

💡 Execution of this first deal is a strong validation of the platform and sets the stage for predictable recurring revenue and broader investor participation.

Nuburu SEC 8K release it's official.

https://ir.nuburu.net/financials/sec-filings/default.aspx

Nuburu has subscribed to €5.25M of SYME 3 bonds to fund Tekne S.p.A. inventory for GRAELION vehicle production. Most of the cash comes from prior advances, not new outlay. In other words the Nuburu convertible loan $5.15m is converted to a bond where the cash already received is on lent to Tekne in effect buying inventory. This is Supply@ME first proven inventory monitisation transaction.

SYME earns a 2% upfront platform fee for structuring the bond.

Tekne receives cash for its inventory; the inventory and receivables are pledged as collateral.

Bonds pay 3M Euribor + 7.5% interest to Nuburu.

⚠️ Full €30M bond program depends on additional professional investors, as Nuburu cannot fund the entire amount alone. Execution of the program is now key for revenue

Still have reading problems? I have stated I am not a "Royalist" . Why don't you answer Analysers question?

You in the solar business Taka? Just a guess...

Is it in doubt? With Trump's war?

Must be the word C o c K in there somewhere .. lol

Who? Before my time... :)

Here is the latest thoughts of Twogood. You cannot say it is not "balanced" . The risks are not skated over. Of course if you are fundamentally Unbalanced you may struggle to read it.

"Well he's cutting it a bit fine thats for sure!

Some aspects should be relatively easy to deliver.

i) Sale of IP platform by SFE to Supply@Me but if he sets a high cash element and high conversion share price on the deal to detriment of retail this won't go unnoticed by the market. Personally I would keep the cash element very low and conversion price high to keep dilution sub 10% to show he is also sharing risk with investors. Afterall he's taking a paid salary and delivered to date nothing of note but shareholder value destruction. To some extent cash element is already capped based on Nuburu funding limit, so possibly mainly shares than cash I would suspect.

ii) The completion of the inventory monetisation pilot with Tekne should complete without legal, tax, or accounting issues having run enough cycles.

iii) Appointment of at least 2 maybe 3 NED's with SACE experience or similar defence industry experience. Coupled with Alessandro willingness to recluse from day to day operational control of Supply@Me to the NED's will be paramount.

The tougher slower ones.

iv) Government guarantees for inventory monetisation. Banks and lenders need these to facilitate funding and mitigate credit recourse risk of borrower going bust.

v) Bank funder like BBPM or similar being announced with at least heads of terms signed and committed to lend or fund the inventory monetisation program.

If he announces i, ii, iii completed with iv, v progressing he has a fighting chance."