Member Info for Peakhope

How am I supposed to know the answers to your questions ?
If you know please share - but I’m presuming you don’t know either and that’s the reason for your asking - just highlighting the fact that other companies are now starting to name us and inform people of the connections - we haven’t had any confirmation of numbers …yet
It also highlights that the naysayers are watching this bb 24/7 and are ready to down play any positive news no matter how big or small - I can’t wait for end of month AZ delivers and it will be very interesting to see what the naysayers come up with - some have never acknowledged anything positive that syme has achieved it’s always negative and wearing a bit thin now - but hey ho we will all have to just wait and see :)

Lol here we go again ffs - only 7 trading days left - thought I would change the subject and calm the board - only took 19mins :)

Also operational in Istanbul :)

The firm is Authorized and regulated by the FCA and operates out of its Istanbul and London offices. The firm is also authorised to promote Private placements in the USA under Rule 15a-6 under the Exchange Act to Foreign Broker-Dealers chaperoning rules.The firm was founded in 2015 and its principals have raised in excess of $1 billion in more than 30 different investment funds and transactions.

Devonshire Warwick Capital

PRIVATE MARKETS AND REAL ASSETS

Technology

DWC provides a curated selection of private equity opportunities in the Technology Sector and blockchain related assets. DWC offers direct access to private debt, equity and digital asset transactions on a primary and secondary basis.

Real Assets

A key focus of of DWC is on real asset investment solutions that meet the diverse specific requirements of institutional investors globally. DWC provides debt (Mezzanine, Senior Debt) and equity solutions for transactions in the real asset space including:

• Real estate
• Renewable infrastructure
DWC sources and executes scalable transactions generating predictable long term cash flows specifically tailored for institutional investors.

Clients

Debt

Advised in post series A mezzanine debt for Big Data Genetics SAAS
Convertible Note Pre Equity Listing for Bermuda based Insurer
Senior Secured Bonds issued by Mining Company
Advised HK based FX broker on bond issuance

Equity

AI Powered Intellectual Property Valuation Service
Pyschometric Credit Scoring & KYC business
Leading Late Stage US Fintech Payments Business
Proptech Company Series A Equity Funding

Digital Assets

Crowd Funding Business in the UK
Growth Hacking Business in Canada
Media Licensing Company based in Germany
Singapore based payment systems Fintech

Devonshire Warwick Capital LLP mandated to raise assets for TradeFlow Capital's Inventory Financing Funds

TradeFlow Capital is a fintech powered physical commodity financing Business focussed on SME’s that has been managing trade finance funds with no defaults nor losses since 2018. In 2021 Tradeflow was acquired by Supply@Me Capital Plc, a UK main market Fin Tech Business focussed on inventory monetization. Leveraging this acquisition TradeFlow is launching two new funds specialized in wharehoused goods monetization targetting 15% annual returns with no credit risk exposure.

Anyway great post Divvyup :)
Think I need to keep my gob shut - from one post Friday morning 8:31am not even mentioning IFRS we’ve had 5 days of sh.te lol time to move onwards and upwards :)
Including sp would be nice :)

Thanks for the link which further supports the fact that IFRS for SMEs has NOT implemented IFRS 15 :)

Seven jurisdictions (China, Korea, Malaysia, ****stan, the Philippines, Sri Lanka and Thailand) do not support aligning the IFRS for SMEs Standard with IFRS 15 because of insufficient implementation experience. One respondent observed that entities will find it less appealing to adopt the IFRS for SMEs Standard if it is seen to be regularly changing.
(c) One jurisdiction (India) suggested a compromise of incorporating IFRS 15 measurement principles based on price.
55. Feedback from the AOSSG relating to IFRS 15 seems focused on theoretical support or reservations that would apply to any new Standard at this stage in its life, rather than on specific implementation issues or reporting outcomes relating to the content of IFRS 15. This suggests that even if a decision were taken not to seek views on aligning IFRS 15 at this point, there may still be a need to consider this again in the next review, when more standard-specific feedback is available.

Your still quoting IFRS 15 which is not applicable to IFRS for SMEs - look on IFRS’ s website type in the IFRS for SMEs and it will take you to the relevant place where it clearly states IFRS for SMEs have not adopted IFRS 15 so your point about IFRS is null and void it’s irrelevant as in it’s the wrong set of IFRS standards your referring to !!

Your using the wrong set of accountancy standards for symes model - SMEs

This statement is floored straight away and clearly you are unaware of symes model - AZ has stated numerous occasions our target market is SMEs and as such use for accountancy treatment IFRS standards specifically designed for SMEs which have not adopted IFRS 15 amongst other treatments - also the client can repurchase the stock but are not obliged too hence the reason for syme working with remarketer’s

And finally, I'd suggest that if the message I displayed earlier in this thread from peakhope is correct, then the company are aware of IFRS issues, and have not bothered in any interview, meeting, comms to materially announce the customer base is limited to SME's. This is the problem I see with this company, transparency!

SMEs can opt to use IFRS standards that are designed for SMEs and are not as in-depth or as complicated as the full blown IFRS standards - I did post this but some are still using the standards which best suit their agenda !

8. To what extent are required disclosures reduced by the IFRS for SMEs?

There is roughly a 90% reduction in disclosures in comparison with full IFRSs.

9. Have all recent new and amended IFRSs been incorporated into the IFRS for SMEs?

No. New IFRS standards and amendments such as IFRS 9 Financial Instruments, IFRS 15 Revenue from Contracts with Customers, IFRS 16 Leases and IFRS 17 Insurance Contracts have not been incorporated into the IFRS for SMEs.

Just to add US don’t use IFRS they use GAAP - the two legal cases in US regarding “ true sale “ in a bankruptcy case one of which went against GAAP and the courts overuled GAAP so ultimately the decision will not be IFRS or GAAP it will be the courts findings that matter should IFRS/ GAAP wish to take it any further - one things for 110% certain it won’t be down to any of us :)

We have 8 days remaining - so why are some saying AZs failed to meet the deadline !! Ridiculous statements coming from the naysayers some who are now trapped with nowhere to go after saying for years syme is doomed - LTH will be still here in August with credibility intact the naysayers will be eating large portions of humble pie and not a word they ever utter again on here will mean a jot - so give it your best shot guys you only have 8 days remaining :)

Well we have the numbers for 1st IM so AZ only needs to deliver as per RNS - before end of this month and then what for you ?
Do you move on - invest or carry on with the scepticism ?

What will your reaction be when 1st IM does happen ? Will you still remain sceptical ?

I know poc IM is for 1.5m I posted it - but that is the fact you were seeking in writing and not from a paid ramper or TG :)
No issue with you being sceptical but if you were to read the RNSs and watch the AGM the written facts are all there so there’s no need to turn scepticism into speculation :)

10m funding from Vechain - 1st poc IM is for 1.5m with the rest earmarked for Italian and UK clients :)

Phase One, a proof-of-concept real transaction will be executed by end of July, involving a client company already selected by SYME from its existing Italian portfolio, with the VeChain Foundation serving as provider of its VeChainThor blockchain and NFT investor.

Following the successful completion of the first transaction and an assessment of the innovative process designed to link digital assets to the real economy, Phase Two will build up an "Inventory Monetisation Platform 3.0" with an expected roadmap of Web3 features, including the issuance of Non Fungible Tokens ("NFT"), digital ownership and B2B marketplaces, decentralised finance (DEFI) and, overall, a governance protocol. For this phase, to be completed by end of December 2022, it's expected the Inventory Monetisation transactions will be also funded by further multiple liquidity providers (crypto asset managers and direct investors through liquidity pools partnerships).

The commitment budgeted by VeChain within the Agreement to directly subscribe the Inventory (NFT-based) Monetisation Transactions is up to USD $10m, of which approx. USD $1.5m immediately releasable to fund the available eligible inventory of the first Italian client selected and the rest, during the Phase Two, for one or more further client companies, also including the current UK portfolio.

Tue, 28th Jun 2022 07:00

RNS Number : 3500Q
Supply @ME Capital PLC
28 June 2022




Supply@ME Capital plc

(The "Company" or "SYME")

Strategic Alliance with VeChain Foundation to provide up to US$10 million of funding for inaugural Inventory Monetisation transactions

&

Launch of the "Web3" stream.

They have named a figure - 10m

Of course with so many shares there will be consolidation - let’s get up a running and generating revenue :)