Roundtable Discussion; The Future of Mineral Sands. Watch the video here.
Https://a.storyblok.com/f/186519/x/c72d6a8013/2023-11-21_securitization_anubi.pdf
We also have this with Mo.Net as sub servicer ! Strange how these links come to fruition eventually
Https://a.storyblok.com/f/186519/x/2ac0ffbbc8/illimity-structures-the-first-securitisation-of-the-trade-receivables-and-inventory-of-the-trasteel-group-for-77-million-euro.pdf%0A%0ANew%20true%20sale%20PNP%20securitisation.%0A%0ANo%20announcement%20from%20Syme%20?
For those catching up after the trolls are trying to spam.
Https://blockinvest.it/2023/05/18/blockinvest-selected-by-bank-of-italy-among-milan-hub-projects-to-create-aplatform-for-issuing-tokenized-debt-instruments/
BlockInvest, in collaboration with CrƩdit Agricole Italia, Indosuez W.M., Illimity, Deloitte,
is proud to announce that its project has been selected as one of the winning fintech
projects of the Bank of Italyās Milan Fintech Hub āCall for proposals.ā
The goal is to realize a Blockchain-based technological solution that will allow, on the
one hand, Italian companies to finance themselves more efficiently through the
issuance of ātokenizedā debt instruments (such as bonds and minibonds) and, on the other
hand, to offer qualified investors an accessible tool capable of attracting new liquidity to
the market.
The project is particularly aimed at supporting Italian SMEs, with the aim of channeling
private individualsā savings into the real economy through a transparent, secure and
highly innovative system.
In addition, as part of this project, an implementation of a secondary market that is
robust and scalable will be studied. This will be made possible through BlockInvestās
development of a security token standard that will ensure maximum interoperability
among the instruments and issuers involved.
From the SP reducing RNS whilst the prolific small amount share buying is ongoing
The Group has made significant progress in the formalisation of the first White-Label IM agreement (which remains subject to contract) with a leading Italian banking group to execute an initial IM transaction with an inventory value to be monetised of up to ā¬10m. The Group expects to be able to provide a further update on this agreement imminently. Additionally, the Group is actively working to finalise the structuring of a security token framework with the CH Trading Hub[1] which will allow a first security token issuance up to US$100m to be subscribed in tranches, mostly by institutional investors active in the digital asset markets.
āThe financing structure set up with illimity and based on the securitisation of trade receivables and the
funding of the inventory of raw materials and finished products for Officine Tecnosider and Tamac,
will enable the two companies to benefit in terms of financing working capital and net financial
position thanks to the off-balance sheet nature of the sold receivables. We had been looking for a
solution of this kind for some considerable time, and in illimity we have found a prepared and fast-
acting partner available to listen and find the solutions to a customerās needs. The fact that this
operation is unique of its kind is the tangible proof of this and fills us with prideā
Https://a.storyblok.com/f/186519/x/2ac0ffbbc8/illimity-structures-the-first-securitisation-of-the-trade-receivables-and-inventory-of-the-trasteel-group-for-77-million-euro.pdf
New true sale PNP securitisation.
No announcement from Syme ?
Algorithmic trading and certainly appears to be ongoing transfer of shares or purchasing of the warrant shares. Shocking really and assisted by AZās pathetic RNS yesterday dropping the SP to collect their cheap tradable shares again.
This is clearly abuse of a CEOās position with extreme CoI in play here.
Shocking he has got away with it for 3 years now.
Iām actually still heavily invested but completely dismayed at the sheer lack of concern for company shareholders here and hopefully the board will be looking into matters just now regarding the clear and blatant manipulation yet again instigated by a desperate indebted CEO.
Yesterdayās Syme RNS and todayās RTOP RNS show clear and blatant manipulation to drop both SPās. All planned by the man with massive CoI.
Itās being walked down as itās corruption at large here and real folk caught up in this elaborate trading operation.
good morning, i would agree that the proliferation of smaller trades is an arranged sell (from yesterday pre-rns) or it is possibly a huge buy of the cheap warrant shares at 0.065. ceratin insiders qualified for millions of these cheap shares. no doubt filling their pockets again with cheap tradable shares before the āimminentā wl im transaction announcement.
syme has been a shambolic investment for genuine shareholders who believed azās barrage of rnss in 2020 and 21 to clear their shares. subsequently they filled their boots with cln and cep shares to replace their sold shares.
stinks and tw is actually for once correct in his assertions re az and the whole mechanism set up her by az for both syme and rtop.
letās hope karma bites his squeaky little **** soon.
correct. a mechanism to make millions from mug punters. worked a treat.
fed a whole pile of *******s from day one and dw cleared out with millions.
maybe he has stitched up az but i reckon they are still as thick as thieves.
who was transferred the 961m warrant shares ? iwep used to have 977m shares š¤„š¤
Desperation when already flying š
Heās used this whole mechanism to trade. Loan shares, TAG āsellingā shares to the 5 invisible āinvestorsā. Do these revenues show in TAG accounts ?
Or was the transaction cancelled ābased on the performance of the businessā ?
Makes you think doesnāt it.
Looked uncomfortable throughout and Albert intervened a few times.
The TFC question was basically bodyswereved as yet again that was another dodgy dilution tactic used by AZ to floor the SP.
What did shareholders gain from it ! Zero.
āim fees within 2021ā (not just dd fees). coincides with issuance of guidance within an rns and a proactive report for the big pump. blatant and proven ******.
no im fees in 2021. only Ā£0.3m dd fees as per accounts.
inventory monetisation segment
for the year ended 31 december 2021, the group recognised Ā£0.3m (2020: Ā£1.1m) revenue from its inventory monetisation segment relating solely to due diligence services provided by the group's italian operating subsidiary. in line with ifrs 15 ("revenue from contracts with customers") the group recognised these revenues when the due diligence services have been delivered and the group's performance obligation has been satisfied. the Ā£1.1m of revenue recognised by the inventory monetisation segment in the prior year related solely to an origination contract entered into with related party, 1af2 s.r.l. in connection with this contract, 1af2 s.r.l contracted with the group to perform due diligence on those companies that it had originated. during the current year, the group recognised a further Ā£0.2m revenue on this related party contract, with the remainder of the revenue recognised arising from due diligence services provided to third party client companies. further details of this and other related party transactions are set out in note 29 to the group's consolidated financial statements.
about time this ceo is taken to task as heās destroyed people.