RNS could be right on point tomorrow as stated at AGM sp is immaterial atm until we see more regular IMs of larger amounts generating revenue - the big news wonβt be the sp it will be the fact we have delivered 3 IMs and building a track record and for potential funders/banks in the UK to be able to see a real transaction without the need to simulate or visualise how the platform works also we will have helped a UK company to release equity from their assets for the very 1st time in the UK without incurring debt and all associated costs fully tax deductible ππΌππΌπ
Others will follow ππΌ
Directors buying in is not the signal Iβm looking for personally - I want to see IMs a plenty - directors buying in is good for sentiment but wonβt affect the sp like generating revenue will - itβs also worth remembering although we might think bodβs are on good money people often live to their means we have no idea of their personal financial situation - also how big a purchase would people find acceptable Β£500 , Β£5000 or Β£50,000 π€·ββοΈ
1st UK IM by 30th June, itβs the 27th tomorrow so could land at anytime, π
βThe Client Company has entered into the Commitment with the representative person of the UK StockCo to finalise the necessary definitive commercial agreements in relation to the Transaction by 30 June 2023.β
Iβm most surprised by the fact that some of the detractors are still here - those were the ones that said no IMs would ever take place - they also said we would be waiting for years for PNP register and that Albert wouldnβt last long πππ donβt be fooled by the constant negative comments - AZ working through their fastest route to generating revenue which was said several times at the AGM - 1st ever UK IM next week and an opportunity for banks/funders to follow a real transaction instead of trying to visualise or simulate a transaction ππΌππΌ will also mean we are live in multiple geographies - we are slowly adding the fuel that will ignite the market - top up time for me personally and I know others at AGM are also topping up - could be in profit again next week ππ€
Stay strong and long and ignore the noise π
The rise may continue into next week after the AGM followed by completion of 1st UK IM which should support a further rise - we need to see monthly IMs from now until the end of the year - Vechain further IM could be July once web 3 is completed and launched with just one tier bank WL and we should stabilise and rise imo π€π
Https://www.investormeetcompany.com/supply-at-me-capital-plc/register-investor
Just to clear up any misunderstand and spell it out for those who havenβt bothered to watch the AGM - when the subject of detractors came up at AGM the question was put to the board describing a certain individual - from the description I believe that they were referring to TW and NOT to any individual on this board - no need for anyone to take it personal unless you see yourself as a detractor π all points of view are welcome and with all things that take time some will become frustrated and anxious about their investment - you can lose money investing as well as make money there are no money back guarantees when investing itβs the nature of the beast surely we are all aware of that ππΌ
Completely agree re : challenging questions another view point regarding BODs not buying in
Thereβs been a few times when I really wished I could have bought in but no funds available - BODs although maybe on good salaries may not have had funds available at the times MAR allowed them to buy in - they are after all just people like you and I who have bills to pay and most people live to their salary - Albert explained it well imo and the positive from it is until we are generating revenue on a regular basis that makes IMs & WL the norm it could be classed as inside information - drawing comparisons with huge companies who have been generating revenue year in year out unlike supply@me ( atm ) is not a fair comparison - I choose to believe Albert and we will see director buys once they have delivered WL and started to regularly service the pipelines - also they will be paying a higher sp π
Albert staying on as chairman ππΌππΌ and Alexandra Galligan joining BOD - we are very close to positive news and expecting momentum to build over next few months - I like the fact that the bod are totally not interested in engaging with detractors as they are insignificant - BOD are doing what they should be doing ignoring the detractors and solely focussing on delivering results - I suggest we do the same ignore the detractors π
Personally I donβt think there will be any news before AGM - think AZ was hoping 1st UK IM would be complete before AGM and it looks like itβs going to happen after AGM on or before 30th June - at least we have that to look forward to ππΌππΌ
If there is any news to deliver he canβt withhold market sensitive news and drop it when it suits also to try and time it to land couple of days before AGM would be very hard to do and would leave it wide open to last minute let downs - we have had AR and end of year business update and have lots to look forward to - UK 1st IM - July web 3 and further Vechain funding - PNP live and thought to be the trigger for WL - we are concentrating on core business UK and Italian markets and 10m joint venture Italian bank and one of the big four and of course we have proof of concept - lots of progress from last years AGM ππΌππΌ and of course thereβs always the chance AZ could prove me completely wrong and deliver something tangible π€π
It remains to be seen weather any bank will use our platform for WL - if and when they do you will have no augments left - you also thought no IMs would ever take place - they have 3 in total so far π big progress has been made poc is now achieved - we have a working model that solves a decades old problem for SMEs globally - keep up you might miss something π
Donβt recall anyone saying β that SYME had more than enough clients so why bother recruiting others!!β think you will find what was said was that syme has built a sizeable client pipeline through Nicola Bonini and other introducers - WL will bring banks own customers in offering our services packaged under their own brand - donβt think the website is the most important issue atm we have a sizeable pipeline that has not been fully serviced yet - as per RNS β we are concentrating on our core business β ie Italian and UK pipeline including WL π
All the ingredients are there for WL and we donβt need funders for that - see if the banks can attract and sell our unique product to their clients - if we have some of the banks clients already in our pipeline it should be a case of switching the provider of our services under the banks own branding - be nice to get an announcement before AGM WL or otherwise π€π
Finished blue today - Iβm sure AZ will have had a busy day talking to funders and banks reminding them we have a pipeline which is now ready to be serviced and now has the backing of Italian Law - feeling positive and relaxed π