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TF you are one of the few naysayers With some credibility. You know the answer to your question as you have repeatedly posted about it in the past.
Here is my balanced view (slightly biased as I’m invested ;-) )
SYME is in its infancy, lots of mistakes have been made along the way, mis management, over promising, missed deadlines etc. and your favourite the issue of confetti shares. But you know all of this….
Despite all of this I believe SYME are finally getting their house in order, the recent events/RNS point to this, and I believe SYME will have a position in the market going forward. You disagree.. we all know that.
Sounds very familiar to the set up in your camp Ca55hole…. We to get a signal before you turn up…. We can smell the BS oozing out of you. Haven’t you got anything better to do at 8am? Like go to work?…. Oh wait this is your job…..
Under certain conditions, the physical delivery of goods.
Supply@ME itself enters the match, as well as inventor of the Inventory Monetisation product, also as a supplier of the platform used by both the Stock Company and the Client Company to load the warehouse to be monetised (and, consequently, mint the NFT), integrate and transfer Enterprise-Resource-Planning data to enable the necessary inventory monitoring and inspection activities.
Zamboni explains that he is not a supporter at all costs of blockchain and cryptocurrencies and points out that the gears of the announced operation also run in old-style finance, in fact negotiations are underway with traditional institutional operators to close other deals.
In its first inventory monetisation operation announced at the end of last month by Supply@ME [SYME.L], there is the new world of blockchain and non-fungible tokens (NFT), but the wonders of high tech are associated with a traditional financial structure, with underlying assets more than real: the company that received the liquidity made available by the VeChain foundation, in fact
"For us it was a return to the original model, the one we have been working on from the beginning," says CEO Alessandro Zamboni to websim.it.
Supply@Me, listed on the London Stock Exchange, was born eight years as a spin off of a company founded by Zamboni himself. The business idea was this: to create a technology platform that could provide inventory monetisation to a wide range of manufacturing and commercial companies. Thanks to high tech, stock inventories are transformed into financial instruments to be offered to so many subjects looking for investment opportunities in a world that has been stingy with returns in recent years.
This is the theory. The implementation was not easy, in addition to the technological and legal aspects, regulatory constraints had to be taken into account. In addition, there is a distrust of the traditional world of savings towards a hyper innovative solution that can, however, to give an answer to a problem characteristic of the manufacturing industry, that of stock liquidity.
In recent years the company has more than anything else cultivated the land, solving the coacervo of the problems that are encountered when you decide to walk a road never practised in Italy. Meanwhile, other operations have been completed, including, recently, the monetisation of a commodity stock scored by the subsidiary TradeFlow Capital Management, with an UAE company active in coffee trading.
Around the middle of this year, the course of events has changed, because Supply@ME has started negotiations with one of the many operators specialising in digital assets that have arisen to hundreds in recent months, it only taken a few months to successfully close the EUR 1.6 million transaction successfully. “When we meet the most innovation-oriented finance the times get shorter, we closed quickly, despite the fact that the context for the crypto world was not favourable,” Zamboni adds. In fact, the period could not have been worse, apart from the Luna/Earth earthquake, bitcoin has more than halved its price since the beginning of the year.
Specifically the operation built with the help of the blockchain. The goods in stock subject to prior prior verification and are transformed into non-fungible tokens issued by VeChain, NFTs carry with them a number of rights to the goods made available for sale by the manufacturing company. The underwriter may choose to obtain monthly profits generated from the trading activities of the inventory carried out by segregated trading companies (Stock Companies), or request, under certain conditions, the physical del
Ca55hole why haven’t you posted you’re usual update on buys vs sells today….. mmmm I wonder???
I haven’t seen any of you predictions coming to fruition in the past few weeks and you have the nerve to question others.
Remind us all wtf your reasons are for being on here?? That is apart from confirming everyone’s thoughts about you and what sort of person you are.
I’ve never known anyone who made a hobby of being a complete and utter bell end! There is no point talking anything about SYME with you as it is just the same shizz coming from you what ever anyone says,. You need to have a word with your master to get a new script, the current one isn’t valid anymore after the news last week.
There is no guarantee its a sell. The LSE algorithm is ****! The trade hasn't shown up on VOX markets either, which is a lot more accurate and reliable.
Considering the size of the trade the SP seems to be doing ok so far, may be it was a buy?
Squidward, what is the purpose of your existence?
I’m not sure why you are posting on a thread about being optimistic. There isn’t an optimistic bone in your body… negative, pessimistic and utter shizz is all that you exude.
Ex specializes in very wordy explanations and descriptions of his views and opinions. Sometimes very informed and fair but sometimes not…. Possibly with an intention to mislead and unsettle some of the readers on here. Who knows why he has such a vested interest in SYME???
Judging by the sometimes cryptic nature of some of his posts I’m pretty sure he also contributes towards the telegraph crossword as well ;:~>
ATB HTH ….
A fair review Ex… thank you.
The negatives you highlight are valid but a little trivial. Things need to start somewhere I.e a small IM, Vechain startup in Italy etc. personally I am happy with that side of things.
The positives you highlight are the ones I picked up on, these are new developments we weren’t aware of. Yes it could be hot air (smoke and mirrors) as your clan like to allude to… but still some developments that could get SYME closer to a tangible business…. It has a long way to go I know!
Yes the captive bank is the elephant in the room that seems to have been, not so much forgotten about, but brushed under the carpet; it would be nice to know what the current state of play is with that.
Being an engineer I get your analogy…. It’s not quite half full yet ;-)