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Will this be the week we finally see what the team have been working on ππ€
Key areas to look for in interims imo are Vechain further funding , WL announcement , existing pipelines growth and traditional funding to match clients from new regions , progression in US - personally I think the forward looking statement should make for good reading and could come anytime this week π€π
May Greveson is a new addition to team syme - finance manager ππΌππΌ you donβt increase burn rate unless you know you have finances to manage and cover the costs - itβs looking like we are finally getting started π€π
I might see Divvyup tomorrow heβs not been in work for a couple of days - he works on the same industrial estate and is following symes progress on Vechain closely and seems to have got his head around it more than most ππΌππΌ
Personally I believe the lack of progress has always been due to lack of funders jumping in and is most likely the reason we went with crypto/NFTs to get us out of the starting blocks - 1st IM was completed over a year ago (12 Sept ) it could also be that funders/banks may wish to see how the platform works for a period of time possibly a whole year - the 2 traditionally funded IMs have a few more months to go until their 1st anniversary - AZ is and has been in discussions with banks for a while now - I would imagine itβs not a 2minute phone call when asking banks to service the existing pipeline for the best part of 400m -
Still waiting on the joint venture for 10m with one of the big four and Italian bank - Iβm sure the further Vechain funding commitment is for 50m and given that syme have a Vechain account and are constantly using/testing it and participating in vorj with Vechain I would imagine the 50m is still on the table
WL is to be rolled out in 2024 with 1st WL expected 2023 - hopefully all the aforementioned will be clarified in the interims next week along with an update on the GIF ( global inventory fund ) which will replace trade flows GIMF ( global inventory monetisation fund)
Still lots to look forward too π€π
Think the platform is up and running and both clients and funders from the 3 IMs can track and monitor the IM goods - comms with Mark Kavanagh confirmed they are pleased with the platform - as with any tech based platform as things evolve it will always require adjustment to allow for technological advancement
I agree with your 1st comment π
"Those who class peaky as a ramper also need to go back to school - he is the most honest /Genuine person on here and has always gone down the same line."
I donβt agree with this statement
βI've seen a lot of peakys hopeful stories about syme over the years, none of which came to be true.β
we have successfully completed 3 IMs and poc has been achieved πππΌππΌ interims are due this month not long to wait before we see - no hopeful stories just opinions based on what info the company put out - I canβt be blamed for symes delay in delivering - symes β true sale β status is true - Vechain and NFTs is also true - 3 IMs is also true - WL is not something Iβve made up it is what the company are Pursuing - the UK and Italian pipelines are also not of my doing and the numbers are put out by the company - rtop whatever your feelings about this has successfully listed on LSE π
I've seen a lot of peakys hopeful stories about syme over the years, none of which came to be true.
Twogood2die - if you look back over the past few months itβs a fact I have not been posting much at all so I have no idea why you keep having a dig - what spin are you referring too ? If we all focussed on the βhere and now βwe wouldnβt be here as nothing much is happening - you imply that savvy and myself are paid rampers - if syme were to pay someone to ramp Iβm sure they would employ the services of someone who has more experienced than someone who has been open and honest about syme being their 1st investment - I personally post my opinion based on RNSs AGMs and the prospectus - storm harbour is dead and buried you are the only person to mention it in months - WL is most definitely on the agenda and something we are expecting - no spin there at all - with regards to luring in naive investors I've stated on many occasions that no one should buy based on what I say Iβm not interested in what other people do or how much they make as it will not affect my life Iβm only interested in my own investment
Nothing you or I post on here will make any difference to symes success or failure or the sp - we are not that important or influential -
Given that I am a novice with no previous experience to draw on - if syme fail I can be excused for my mistake through lack of experience and as you put naivety - but if syme succeed and prove you to be wrong what will your excuse be ? π
Just for clarity I didnβt go all in on syme from the off itβs taken me 3 yrs to build my holding π also for some to repeatedly single out myself and savvy shows an agenda - you can make a point without getting personal - above all else some are stating syme is doomed and without a crystal ball no one knows the outcome and only time will tell - no one should invest on anything said on here itβs opinions of individuals both inexperienced and those who claim to be experienced investors - ultimately one side of the divide will get this right and we are nowhere near knowing the outcome but donβt think it will be much longer before positive news is released π€π
Waco asked when interims are due so I replied - no oneβs been ramping for months now only those who are deramping are posting - no worries we shall return to a quiet board if it pleases you π
Interims due in Sept so probably 29th π but could land at anytime just like an RNS could π
Expecting WL announcement and further funding commitment from Vechain - we know revenues wonβt be very good but WL announcement with tier one bank and client pipelines in other regions would be a good start π€π
Today marks the anniversary of the very 1st of its kind inventory monetisation using Vechain NFTs - no issues have been reported to date - be nice to mark the occasion with more IMs π€π
I agree MG I am not the messiah and I donβt want to be , the very reason I was honest enough to post my inexperience and my loss with Forbes was for transparency and not to mislead people into thinking I was something that Iβm not - I am however honest and not trying to manipulate anyone - pretty much the same as every other soul on here I post my views and opinions some will like them and some will not - I have been positive the whole way through and I still am - timescale are incredibly difficult to predict in the financial services sector deals can take years to come to fruition - given that most so called/self proclaimed experienced investors claim they would touch syme Iβm
Of the opinion most of us in here will be inexperienced investors- we all start from somewhere ππ
My inexperience has absolutely nothing to do with successful outcome of syme - bought in RTOP against the advice of so called more experienced investor and made 67% in 7 days - play the ball π not the man
The reason I stated we will hear something soon is because the interims are due 29th Sept π not long to wait to find out , then by all means have ago at me - incidentally how long how many trades does one need to do before they can class themselves as an experienced investor ?
I would also argue the more experienced you are possibly the more manipulative , cynical and untrustworthy you may become ππ
Still in and in for the long haul - I think we will be hearing something spectacular very soon - Vechain - WL further IMs etc - top up time for me personally - AZ and team been working through prospectus - I believe RTOP connections and specialising in regulatory and compliancy issues have been working with us for a few years now - listing of RTOP adds to credibility globally and also forms part of the syme eco system - I think the interims will be packed with goodies and I suspect we will have an RNS or two before then - interims 29th Sept - letβs see how it plays out πππ
ππ Iβve sold RTOP and made more than I have with syme β¦..so far π
Waiting for next entry point - I did say I was going to have ago at trading and see if I can start to lose the novice/starter up tag π
Agree with most itβs been a tough hold in syme and nothing has come from the company for a while now so nothing really to add or debate thatβs not already been said - no employees seem to be leaving and the wheels are still turning - easy to get drawn into negativity but things can turn very quickly and we seem to be stuck between 10 - 12 and holding nicely in that range - next bit of positive news of IMs WL Vechain etc will push us up to next level π€π
I donβt think your alone in thinking that - it might not have been possible and may be needed to be a separate entity - RTOP may need to be independent of syme to navigate around conflict of interest issues - they have their own usp and platform specialising in regulatory and compliance legalities as well as their own clients - the usp may have been lost under the syme umbrella - just my thoughts
Canβt really answer that one MG or offer an explanation seen a couple of 10,000 and 5,000 purchases - think all the big players bought in before ipo and I might well be wrong but believe they canβt sell for a certain period of time after listing which is why I donβt think it will retrace back quickly - if news lands and we get a positive RNS from either or both it will only add to the sentiment and momentum imo
On another note would we be any happier if RTOP had been a flop from the off ? I donβt think so personally