The latest Investing Matters Podcast episode with London Stock Exchange Group's Chris Mayo has just been released. Listen here.
Paraytec has employed specialist patent lawyers to assist with developing a pathway for the protection of the intellectual property and know how that has been developed during the creation of our COVID-19 test and to ensure that all novel intellectual property is protected by patents. Paraytec currently has a suite of five core patents granted and a further three patent applications submitted. Paraytec expects to be filing further additional patent applications over the first two quarters of 2021 as it develops the intellectual property around the COVID-19 test project.
Braveheart notes the recent discussions in the media regarding the underperformance of a range of single-use testing (lateral flow) devices, which are being trialled throughout the UK. The Company is committed to developing a test which achieves the performance parameters specified by the Medical Health Regulatory Authority and delivers a test result in five minutes.
Paraytec confirms that its virus capture technology will now be applied to the development of both the optical measurement system and a lateral flow device.
So, looks like they’re in the mix and miles ahead with the 120 second test especially if they’re Alison embroiled in an LFD Kit.
A very good investment and bodes well for us.
Client companies already originated and awaiting inventory funding stand at 97 (up from 66 at 31 December 2019). A further 272 new Client companies have been introduced by one of the two new Self-Funding Partners and are currently undergoing SYME's rigorous assessment and due diligence processes.
No hence of a Greenshill fiasco happening here.
Hopefully, business has been booming whilst we’ve been locked up safely and AZ comes out with completed IM issuances for the full portfolio and we get a massive re-rate to “reward LTH’s”
Have a nice weekend guys.
Just had a brainwave re the previous statement below :-
September 28th 2020 RNS
The first portfolio Inventory Monetisation is expected to have a value of approximately €300m and to complete by the end of October 2020 (the first month of the next financial year). This is expected to deliver approximately £20.5m of annual revenue into special purpose securitisation vehicles and to generate an average annual net servicing fee of £6.5m to Supply@ME. The Inventory Monetisation contracts have a three-year fixed duration plus a one-year option.
The next securitisation programmes for delivery by 31 March 2021 is now being initiated. These aim to complete the Inventory Monetisation of the remaining Client companies in the current portfolio, and may include Client companies sourced for the pilot operations in the Company's new geographies. Inventory funders for this programme will include both institutional investors, and, following regulatory approval, the Captive Bank announced on 21 September.
The Company will continue to keep shareholders updated."
Regarding the above, this is a very interesting comment. The new first month of the new financial year is January 2021 which ties in with other parties financial years.
The NYE RNS stated as follows:-
Early in the New Year, the eligible Client Companies will receive a formal, confidential communication from SYME disclosing the identity of the Inventory Funder and the time-table to execute their individual inventory monetisation transactions. Shortly thereafter, the Company intends to disclose to the market the identity of the Inventory Funder, the key features of the Inventory Monetisation programme and the targeted positive revenue impact for SYME.
The Company expects to make these disclosures within the next month once the Inventory Funder confirms its release from the non-disclosure agreement or as required by market disclosure regulations.
Therefore, there is a high possibility that the first portfolio (mentioned above) will now be done in the first months of the new financial year. Maybe they needed more time to get everything approved.
So if my thoughts are correct we maybe in for a nice surprise.
Then we should find out who the hell is behind 1AF2 and other parties involved in this crazy but hopefully magical company.
GLA.
Share Ownership as of 29/12/2020
The Avantgarde Group 61.05%
Within TAG are as follows:-
AZ 25.97% (Orchestra)
1Af2 (Ceresio sim) 35.08% (12.82% plus 17.99% loan shares)
AZ has 6.99% separately
5 NEW INVESTORS 12.2%
An Investor owns 2.84% (940M)from 8th Sept. RNS
Dominic White 2.98%
Plus we have banks like Barclays, BNY Mellon, BPMS, Intesa San Paolo, ABN Amro etc buying in.
We don’t know the current share structure as transfers and open market buying went on pre-suspension.
Don’t listen to the trolls as clearly desperate measures being undertaken as usual.
Obstano, I agree that on occasion I agree that due to the size of the group a lot of the good posts are lost within multitudes of posts but it’s difficult to monitor. We have removed the vast majority of trolls so it’s a decent friendly group now with decent discussions occurring re the company p, news etc.
I didn’t remove you so you must have annoyed one if the main admins.
Obstano, re your comments re the main telegram group. It was Saturday night / Sunday morning and folks just having some normal chat and enjoying some nice music / banter. There’s always plenty of research and discussion within the group.
If however, you don’t wish to look at it again, please inform me of your username and I’ll kindly delete you from it if it doesn’t interest you. Thank you.
Honestly you trolls are desperate.
The ownership of the Avantgarde Group S.P.A. is known.
What we’re seeing over the last couple of weeks is as follows :-
The AvantGarde Group and the New Investors may, in due course, propose a new director to the Company to add to the experience of the existing board. The New Investors may also purchase further shares directly through the market.
We also have this
the Bank can hold up to 2% of SYME share capital, including purchases through the market subject to MAR and other regulatory approvals.
Therefore the share price is being completely manipulated to get these big players on board the love machine before it takes off.
In the Update of 30 November 2020, SYME stated that one of the objectives of this period of work on the Open-Funding securitisation model has been to create a new Inventory Monetisation asset class that reflects best practice principles in the securitisation market. The completion of this stage now enables SYME to programme a series of securitisation issuances that, together with cornerstone investment from its Captive Bank operation, should provide access to a deeper, ongoing pool of capital, facilitating the provision of the inventory monetisation service across several active geographies.
Further steps towards the implementation of this wider securitisation programme with the Inventory Funder include negotiations regarding:
· a move from the "single transaction" to an Inventory Monetisation programme for the whole of 2021; SYME expects that this "size-increase" combined with a more flexible funding structure would allow the Platform to monetise its entire current portfolio of eligible Client Companies across a series of securitisation rounds;
· a potential minority equity investment by the Inventory Funder in the capital of the Company; and
· given the funding capacity of the Quadrivio Group, a widening of discussions relating to their involvement in all securitisation issuances, via the Captive Bank.
Early in the New Year, the eligible Client Companies will receive a formal, confidential communication from SYME disclosing the identity of the Inventory Funder and the time-table to execute their individual inventory monetisation transactions. Shortly thereafter, the Company intends to disclose to the market the identity of the Inventory Funder, the key features of the Inventory Monetisation programme and the targeted positive revenue impact for SYME.
The Company expects to make these disclosures within the next month once the Inventory Funder confirms its release from the non-disclosure agreement or as required by market disclosure regulations.
Its possible that the annual accounts are now going to be up to December 2020 now. New auditor and BOD to agree this month. . So we could get an RNS re this shortly.
If this is the case it will have have an effect on the SP as more income / profit will be in the door.
Trading update due and SH hopefully too this month.
For clarification the TRD Guy has not provided any information or links unlike certain other posters but either he does know or has interpreted the research notes pulled together by a small group telegram which are available in here as are frequently posted.
TRD, care to publish anything of note obviously without affecting NDA please.
Cheers.
https://news.sky.com/story/ministers-plot-creation-of-4bn-joint-gulf-investment-fund-12158128
Real Deal. Thank you whoever you are. However, thanks to research and frankly being a pest I am there. I have a lot of money invested, although not quite at your level. I just hope the research a group of us brought together is on the money with regard to the ITALY/UAE connection and what doors it will open is there. Although that’s not the only funding route ! ;-)
This is literally going to be an incredible journey over the next couple of years and indeed frankly weeks if anyone is heavily invested.
I’m in telegram groups and hopefully people won’t think we are connected in any way as I haven’t a clue who you are but people assumed you were ramping the hell out of of this.
Hopefully we are both proved to be correct with our faith in AZ and SYME.
Cheers and hopefully I’ll have an account like yours shortly.