Member Info for Jarv55

Because most of them are Tw lovers and he wants the company to go bust so he can be proved right.

Https://kaasmerkmatec.com/ they are also collaborating with P-Chip

From what I have read in the Annual report there is still a lot to do.

Collaboration with investment bank and asset managers via the Open Market IM

business line

The Group has seen interest from banks and alternative asset fund managers in funding the

pipeline of clients originated by the Group. These programmes could cover the Group’s

existing client pipeline and, also, new clients that match the eligibility criteria requested by the

potential inventory funders. The recent announcement of the agreement with the Italian neo

bank is significant progress in this area.

Ongoing

A pilot of IoT tracking is being explored for the Banco BPM White-Label transaction, together

with a US technology partner.

The objective being to create, a unique, unchangeable identifier with the physical object,

thereby creating a digital twin, with reference to the inventory items monetised.

The microtransponder technology (a silicon microchip) can trace, connect, and authenticate

goods across the supply chain.

Supply@ME aims at integrating its platform with the solution offered by the US technology

partner, helping the verification process of the authenticity of the inventory items monetised,

tracking chain-of-custody across the supply chain and managing data through web, cloud, or

blockchain applications.

Maturing Goods

The Group has recently implemented a new methodology

for goods that mature over time and whose price

appreciates or gathers wealth as they mature. These

goods are typically in the agri-food sector such as cheese

or wine, and leverage available external price matrices to

benchmark the current value of the maturing products. This

methodology is core to the BBPM White-Label binding term

sheet commitment announced in the RNS of 3rd January

2024. The Group also plans to develop methodologies that

will allow it to assess the inventory value for goods that

appreciate during the maturation process but for which

external pricing matrices are not available. This will open up

the market to a broader base of companies whose goods

mature, for example cheese, wine and cured meats.

So who is the Italian cheeser?

The Company announced that SYME and the working group (as referred to in the RNS announcement made on 3 January 2024 and includes Banco BPM S.p.A. - "BBPM" - and the WL Client Company) have been working closely to draft, review and finalise the detailed commercial contracts which will implement the commitment received from BBPM. Alongside this, the working group has been progressing the onboarding of the identified remarketers, at the same time as evaluating the opportunity for one of the remarketers to undertake a separate dedicated IM transaction. SYME had expected the contracts to be completed by the end of March 2024.

As of today, SYME, the working group and the external legal teams are finalising the review of the commercial contracts and further meetings are planned in the month of April with the list of eligible remarketers identified by BBPM to finalise:

- the remarketing commitment with the leading producer of the famous Italian cheeses, that is also a client of BBPM, to underpin the execution of the IM transaction; and

- the signed term sheet with the same remarketer to enable an ad hoc additional IM transaction with the remarketer.

As much as P-chip sounds interesting reference security https://www.merckgroup.com/en/news/digital-twin-collaboration-p-chip-28-11-2023.html that Bank IM is what the market is waiting on. Would be nice if just for once Az actually delivered a revenue generating IM with a big name.

GingerHippo wrong company

https://wired.me/technology/parmesan-cheese-microchip/

Big business Cheesy chips

https://www.grunge.com/890035/this-bank-in-italy-holds-almost-half-a-million-wheels-of-cheese/

Did the Italian bank ever do this? https://www.reuters.com/markets/europe/italy-plans-22-bln-fund-support-key-supply-chains-2023-08-02/

Https://www.merckgroup.com/press-releases/2023/nov/en/pChip-EN.pdf

Mistergreen its about keeping the good secure and ironically stopping fraud.

Joe Wagner, CEO of p-Chip Corporation, said: "At p-Chip, we believe in pushing the boundaries of what's possible with technology. Our partnership with SYME is a testament to this vision. Together, we're not just integrating systems; we're revolutionizing the way inventory is tracked and monetised. By combining our microtransponder technology with SYME's innovative platform, we're creating a new paradigm where accuracy, trust, and efficiency redefine the industry standards. This is just the beginning of a future where technology seamlessly empowers businesses to unlock unprecedented value".

SYME, the fintech business which provides an innovative fintech platform (the "Platform") for use by manufacturing and trading companies to access Inventory Monetisation© ("IM") solutions enabling their businesses to generate cashflow, is pleased to announce progress towards a strategic alliance with p-Chip Corporation ("p-Chip") by signing a Memorandum of Understanding (the "Agreement") aimed at establishing a framework for collaboration between the parties to study the integration of the respective technologies.

p-Chip is an innovative identity solutions company based in Chicago, specialising in the development and application of microtransponder technology for tracking physical products and materials. p-Chip is collaborating with the Parmigiano-Reggiano consortium to enhance inventory control and authentication, ensuring the quality and provenance of this iconic cheese. Additionally, p-Chip is working in collaboration with Merck Group to advance a digital platform that enables customers to create digital twins of individual physical products, proving their authenticity throughout the product life cycle.

The Agreement envisages, also through the co-development of ad hoc intellectual property:

· the integration of p-Chip's indexing platform (hardware and software) with SYME processes and systems;

· the development of several use cases, pilot programmes and go-to-market strategies.

The combination of p-Chip's technology with the Platform will further strengthen the role of Supply@ME, as Platform and inventory service provider within the Inventory Monetisation transactions by further strengthening the ability to monitor and inspect, with an improved accuracy and new anti-fraud enhancements, each inventory item monetised. This development contributes to the key strategic priorities of the Group as outlined in SYME's Annual Report and Accounts for the year ended 31 December 2023 that can be found on the Company's website at https://www.supplymecapital.com/page-results-and-reports/.

Alessandro Zamboni, CEO of SYME, said: "We are delighted to partner with p-Chip and its unprecedented technology. It's great to see their first adoption also in the agri-food industry, considering the important funding commitment recently announced by the first Italian banking group to provide support to such supply chains.

On the other hand, we aim at also using the p-Chip technology in other sectors. We consider Internet of Things and robotics as two key technologies to enable our Inventory Monetisation model to be accessible to multiple sources of funding, removing the barriers of mistrust regarding frauds and, more general, operational risks over the inventory tracking processes".

Funy how Az gave cash to Nuburu and that has had a little spike

As previously announced on 1 May 2024 in connection with the Annual Report and Accounts for the year ended 31 December 2023 ("2023 Annual Report and Accounts"), the Company has been exploring alternative options for funding to allow it to meet its ongoing commitments and obligations. This New Equity Funding provides the Company with additional funding to that available under the Top-Up Shareholder Loan Agreement that was executed with The AvantGarde Group S.p.A ("TAG") on 28 September 2023, further details of which can be found in the 2023 Annual Report and Accounts.

They either couldn't raise any more than that.

Are expecting cash from Tag (which I doubt)

Or they know IM is coming with-in the next couple of months.

Mistergreen you know they can be forward sold to the mms I expect a few were when it spiked a bit the other week.

17-May-24 09:06:50 0.019 400,000,000 Unknown* 0.0192 0.0199 76.00k O expect that is placing shares

Maybe they are going to make a market now.