The focus should not be on individuals but the company and progress there are far better things to talk about than non regulated non invested individuals !
We now have the platform up and running and we are ready - IMO the platform was not 100% ready before or we would have seen it - it’s needed to be tweaked to align with tradeflow - we are not solely reliant on the FB bank for funding and the RNS stated the 1st tranche would be funded by multiple funders - although AZ did not rule out FB but said “ we are not rushing to 30th Sept “ 1st tranche which was to happen simultaneously with FB completion did not say it relied on FB completion as we have other funders - the 1st tranche may we’ll go ahead next week as planned we might have to wait a little while longer for FB !
So much has been achieved this year far too much to list it all and the only 2 remaining pieces of the jigsaw - IMs and sp above 1p will make this year a perfect start - we will then start to look at US - TB is rolling syme/Tradeflow out across the US - the largest economy in the world !
We have UK update - mena regions update and of course we will be looking for 2nd 3rd 4th and 5th etc tranches of IMs before the IMs are going through 3/4 per day every day - this is when we will be most rewarded !
Best wishes all LTH
Parm - 100% accurate - can’t be bothered to post when the bb is full of nonsense - absolutely no point in replying - a valuable lesson - Ex posted a few weeks ago one of his war and peace posts - no recommends and no replies - he posted the same post 3 times and still no replies or recommends ! That’s how to deal with the negatives !!
Not me ! all I know is I’m in and staying in and topping up when funds allow - sadly I don’t have the funds for a few more weeks but will be happy to average up ! - not something I thought I’d ever say but last nights webinar was the clearest indication that we are ready !!
Have a bluetiful day all LTH
We have had a good day and most of us seem to be upbeat and happy with the platform showcase and AZ himself - It’s been really tough at times - well done to all who have held and added - we followed the research we have showed patience and hopefully will be rewarded soon - to all those who sold out and listened to the negatives there’s still time to get back in and enjoy this next phase of the journey with us - Thank you to all those incredible posters who have shared their fantastic research which has made this incredibly frustrating journey easier and has given an extra layer of confidence - much respect - I know at times the bb can be frustrating with the endless arguments - and tho I don’t get involved myself - I am thankful for those who do defend our investment and challenge the lies and false accusations - looking forward to tomorrow and the next few weeks/months with renewed enthusiasm - top up if you can !!!
AZ took great pleasure in personally addressing the naysayers negative speculation - non credit approach - not a debt on spreadsheet but a true sale whoop whoop - unique in the market 1st mover it would appear the uniqueness of syme is such that negative people just can’t understand it - whoop whoop - financial markets are heavily regulated and syme are duly compliant with all regulations - whoop whoop
The platform has been showcased and is fit for purpose, quick and simple to use - simplicity is reliability - whoop whoop
“ great update - Shariah regions “
We are up and running !!!!
I know nothing about IT - that said I know enough to see the platform is very slick and quick exactly what you need for a business to be scaleable globally - you would be hard pushed to find a faster and easier platform to use ( even I could use it lol ) the very fact that the “ boost” will come from “ white labelling “ tells you other parties are impressed with the platform ( multi million pound companies ) or you could believe a non regulated non invested poster on here who doubted the very platform existed !!!!
Hallowed - I was about to put all the points you made lol
I can add AZ stated “ the pipeline is huge”
“ we are ready “ was stated several times !
1st mover new asset class !
Reiterating not a debt ! ICC pushing for automated credit solutions working closely with Tradeflow - AZ also used the term “ we are delivering transactions “
Boost from white labelling - we must have had plenty of enquiries from interested parties looking to use our excellent platform !
I agree with Parm - still think an IM will come very soon - “ funders are ready “ “ all components are ready “
TB in US to launch the platform - and I suspect will be our new chairman !
Very happy with it all - difficult for AZ to answer all questions as he cannot divulge market sensitive info ! Might be enough time for me to get to my targeted holding !!
With regards to FB - I think it will be delayed - however I do think the 1st IMs are imminent - he has stated recently we have more funders than just the FB so I’m very optimistic that the Italian client will still be IM but through other funders and not FB - he also made it clear he did not mean it will take until the end of the year for 1st IMs - also remember he cannot divulge market sensitive info on a webinar unless it’s been RNSed 1st !
Don’t get me wrong I’m as nervous as anyone - like all genuine LTH I really want this to be the start of us growing into something very big - I remain optimistic and all the signs are there that we are finally ready to launch ( the platform and business - not rocket) but as the saying goes - “it’s not over till the fat lady sings”
Remain positive people AZ will deliver :)
Only 5 trading days left before longstop deadline 30th Sept - so an RNS could land at anytime - we will see hopefully no delays but we have been here before - platform is ready - funding in place - clients need servicing - come AZ silence the critics once and for all !!!
Have a bluetiful day all LTH
Steve1972 - has been in as long as anyone and is a well respected member on numerous syme forums - this as been very frustrating and stressful for us all - let’s remain civil to other LTH - we are not the enemy and all want the same thing - rewarding !!!
All the negatives are a little premature - the longstop deadline is 30 sept 2021 which is fast approaching - wait and hold and see what happens - ignore the non regulated nonsense and focus on the good news that’s about to be delivered !
The Company has entered into an agreement ("Term Sheet") with the Italian Banking Group and the Fintech Bank which envisages:
1. the signing of a commercial agreement to manage both the origination of new Client companies and a multi-annual inventory funding plan; and
2. the execution of a first inventory monetisation transaction involving a portfolio of Italian Client Companies.
Simultaneously to the successful completion of the arrangements above, Supply@ME will acquire up to 10% of the Fintech Bank, a level which is below the threshold requiring regulatory approval. An additional 10% of the Fintech Bank may be acquired at the option of the Company within the following two years which would require an authorisation process through the Central Bank. In April 2021, the Fintech Bank was valued, by a Big4 firm, at between €34m - €50.6m.
The Term Sheet incorporates a binding commitment between parties with reference to:
· the time-scale, which envisages the completion of the arrangements above in July, unless the parties agree to extend due to internal authorisation processes or technical reasons. The Term Sheet has a contractual longstop deadline of 30 September 2021;
I’m not worrying at all - it’s been said 100s of times - we knew Negma’s broker would be selling shares - it will come to an end and sp will begin to climb once more - followed by more sells once we are in the 30s (traders) it will be like this until the big news lands - apart from the sp and lack of IMs I’m very happy with the progress and being part of 3 companies for the price of one ! Tradeflow , syme and 10% FB , can’t be bothered to list all the progress as there is too much to list that we have achieved - so the last remaining pieces of the jigsaw will come simultaneously - inventory monetisation followed by instant upward movement in sp - hopefully by the end of the month - it’s just a waiting game but not for too much longer :)
We all know the sp won’t be going anywhere until Negma have finished selling - Wednesday I think they should be done - sell offs will stop the buys and top ups won’t ! not expecting news till Negma have finished and IMO AZ will leave it till end of month to get as many IM as possible sp will recover after Negma are out without news if top ups a buys continue - The news we are waiting for will land and we will be up and running !!
Best wishes all LTH