RE: in the new year1 Jan 2022 12:38
You could argue that it is expanding at the cost of more debt which has SO FAR not generated enough revenue to make a profit. Hence the high risk nature of a start up, will we eventually start generating meaningful revenue to actually make a profit or will this not happen.
Up to you whether the risk is worth the reward. It is for me and the more these accounts tell me its a dud the more I will dig in, not necessarily invest more. To many accounts whose stories don't add up or appear out of no where to only do one thing and attack syme, coupled with the fake websites and then dodgy ramping article (purposely done to put others off imo) just shows to me there are individuals who are determined to undermine SYME and are certainly not doing it our of the goodness of their own heart. No AZ hasn't done us any favours, made some rather poor choices and clearly we were not "ready to fly" last year like he said. Was it intentional? Personally I think not and each time he made these comments he firmly believed they were true, but lots of things changed and SYME had to adapt causing the delays and issues. A harsh lesson for him and the comms reflects the change in this area. I do hope SYME starts to deliver for us PI's but will be a giant middle finger to the naysayers.