Member Info for Peakhope

Although I don’t support the removal of any posts and have had some of my own deleted - you reap the seeds you sow - if you choose to post attacking others and extracting the urine and consistently trash the company before it’s barely got going having posts removed is collateral damage and par for the course !!

I hope so - the 100m was either a buy or a transfer imo 😉

24th is the date 2nd lot of loaned shares should be returned 👍

There will be many checking in just nothing much worth talking about until we get some news - the company is in a much stronger position than ever before and they are working as per AR - sp needs news of further IMs and or WL - I’ve always thought and still do think syme will come good - no idea when but happy to hold and add when I can 😉

Vechain launch web3 - we’ve been waiting for Vechain and web3 now let’s see if we get news of upto 50m funding from Vechain and others in the crypto community 😉

https://www.prnewswire.com/news-releases/vechain-launches-vorj---the-web3-as-a-service-platform-eliminating-barriers-to-blockchain-adoption-301799737.html

Morning RichieP, I won’t take anything the wrong way and appreciate the point you make so well , personally it’s more the fact they have listened to PIs concerns and have acted , the amount is immaterial - if they had purchased £100,000 worth then announced 1st UK IM some would accuse off insider trading - also they have purchased what they can afford too at short notice they are employees and not multi millionaires - I did ask the question at the time “ what would be an amount acceptable for BODs to purchase “ no one gave an opinion 🤷‍♂️ they’ve made a start let’s see if they continue to add 😉

They have done what we all wanted them to do - dammed if they do and dammed if they don’t 🤦‍♂️

Just a reminder - not even a month has passed since AGM (23rd June ) since then we have had TFC sorted - director buys and 1st UK IM - if loaned shares sorted on 24th July I would consider that an excellent month and would welcome similar news every month 👏🏼👏🏼🤞🙏

Most certainly are 👍 nothing we haven’t seen before - without news sp will inevitably drift lower but I’m prepared for August to be really quiet so either news this month or September - for me personally not an issue as I’m prepared to wait this one out - nothing new to add as no news to talk about yet - very quiet across all TG as we await news 🤞🙏

If that’s how you understand it good luck with your investment - a member since 11th July 2023 but think we’ve been ramping it for years 😂 if we don’t understand the model then why would you ask us to explain it to you 😉

Give em enough rope they tend to hang themselves 😜

Nobody sells anything to syme and syme do not purchase the asset

Symes model is not lending its true sale also its asset backed - funder holds the rights to the inventory monetised hence why PNP is a further layer of security over ownership of inventory whilst not in possession

One of the benefits of symes model is it’s cost effective when looking at alternative financing such as reverse factoring/receivables where interest rates are typically 15% and above - interest rates will go up for everyone if symes model is still cheaper and has the added true sale status it should be seen as very competitive - companies may need symes services more if interest rate rises lead to less sales and more stock piling of inventory which can stifle growth and cash flow - the only negative impact is if the banks see greater returns elsewhere - think you would need to follow and look at Falcon group or Taulia etc to see how interest rates affect their offering - all associated costs for asset backed funding are fully tax deductible - there always has been and always will be borrowers and lenders irrespective of whatever the interest rates are - let’s face it we can’t move any slower surely 😂

Interest rates rising has the potential to help symes model - syme have not increased their interest rate so should be more attractive - also worth noting AZ did say at AGM during covid governments were giving out loans/help to businesses and we are now seeing those businesses having to repay those loans - breakeven or in profit may yet take a while but servicing both UK and Italian pipelines are their priority and some larger ticket values - sp will not move much on singular transactions of small amounts but will start to tick up if we get to the stage of monthly IMs with larger ticket values - AZ stated at AGM - fewer IMs but larger values to start with which is the only thing missing from previous IMs - not revenue generating enough - so we wait for further IMs and news of WL 🤞🙏

12th sept inaugural IM specialised vehicles and other components 😉

So I think it makes 3 IMs - but no matter 2or 3 what’s more important is the next few IMs and WL - no over egging it we’ve completed 3 IMs but do agree it’s going to be a while before we show profit

This announcement follows recent Company updates, including the RNS of 28 June 2022, when SYME disclosed the strategic alliance (the "Agreement") entered into with VeChain Foundation[1] ("VeChain"), which is aimed at launching the Web3[2] stream with the intention of funding up to USD $10m of IM transactions, leveraging the minting of dedicated Non-Fungible Tokens ("NFT") to be directly subscribed for by VeChain.

The counterparty to SYME's inaugural IM transaction is a well-established business with significant market presence in Europe (mainly in Italy), Africa and the United States (the "Client Company"). The Client Company is involved in the design and manufacture of industrial and specialised vehicles as well as electronic systems, electrical wiring, and other components[3].

The IM transaction has been structured as follows:

· the Stock (trading) Company ("StockCo"), an overview of which was given in the SYME Business Model Canvas in the Company's Annual Report and Accounts for the year ended 31 December 2021, entered into the commercial contractual package, with a duration of three years, with the Client Company to execute the IM transaction. The total value of the initial warehoused goods to be monetised is approximately €1.6m;

Djenks - AZ stated at AGM both pipelines are real and have been audited 👏🏼 don’t think they will disclose customer list as such we don’t know the names of the 1st 3 clients only that 1st IM was company that manufacture car parts for specialised vehicles - 2nd was tyre manufacturer and 3rd was marine parts manufacturer - these are real companies and real transactions generating real revenue albeit low amounts - AZ and team know that singular IMs of such low amounts are insignificant in terms of sp but extremely significant in terms of funders seeing for the 1st time the platform working with no unwanted issues so far 🤞both AZ & Albert acknowledged the need to speed up the process and deliver higher value IMs as per requested by banks/funders - they are very busy atm doing just that - they are focussing on UK and Italy at the moment - be great to see both pipelines fully serviced which should pave the way to roll out the platform globally 🙏🤞

No idea what’s gone wrong today we’ve finished blue - we were supposed to be below .10 according to those supposedly in the know 😉😂

954 has phoned in sick with jet lag- JCtrader probably on an outbound flight to some tropical destination 😉

Just checking to see if I can still post and not been banned 😉😂

Very interesting business idea Ben - not sure if you have heard of Camel 🐪 chain they can humpetise your livestock and use non humpable toekens - basically it’s away of turn assets from this 🐪 into this 🐫 releasing a second hump and increasing the capacity to store water in your livestock rather than keeping it in a warehouse freeing up vital floor space for the humpa lumpas ( a new breed 1/2 camel and 1/2 lama )

For transportation I would recommend toe flow it’s a Welsh company I think run by Tom Jones and despite what people think - I think it is unusual

Also try suck@mytoe they are big in the camel trade and their CEO ( Engle Bert humpadink ) was the 1st person to create the 2nd hump on the camel - in his RNS it stated “ they were “pleased to release it and let it grow “

Any all the best and good luck with you new venture 😉

Continued : strategy , support AZ and the team and see where it takes me 😜

I have and will continue to enjoy the journey and have learnt far more than I could have possibly hoped for being a 1st time investor - there have been some funny moments ,poems , rhymes and banter all of which I applaud 👏🏼👏🏼

At the end of the day none of us are entitled to be winners or successful but we are entitled to be given a fair chance - I’ve taken my chance along with many others and hope for all of us it comes good 🤞🙏