Member Info for Rocky500

I wasn’t sure before but it is clear BG is being put up say what he is saying. Laggard is a good description but the sheer determination to disregard what, in any sensible mind does have potential and should at the very least be given the benefit of the doubt goes to show there is and never will be anything that will change his narrative course. AZ could bury him in 50’s and until he is released from whatever directive he’s working to the argument will remain the same. A rather bizarre existence if you ask me. I’m not saying SYME will be the explosive success some are suggesting but I do, in my reasonably successful business opinion see this could be a success.

Again a bit silly and naive...or just not getting the point. HTML was the first mainstream format for web development (there are other iterations around this time that are in there as well but HTML became the most complete set of rules). HTML format rules morphed into many of the subsequent texts and layouts that form page design and function that are used in the design of what is essentially the user interface. The complexities have gone leaps and bounds still but there is a very good chance the page you see is created using a format derived from HTML.

HTML is where it all started and if you dont get an understanding of that you dont get an appreciation of the techniques that come next. A lot of coding still takes its roots from HTML in one form or another.

Bingo lovefriday - this is one of the first rules taught to me by the developers. It has to be simple enough to understand in about 30 seconds (give or take depending on the application) otherwise people get bored and move on. It's an attention span thing. Since this is not social media I would suggest that time would be different here but the overall concept is the same.

That's not my point at all, what we did was relatively simple but by getting an understanding of coding (basic tho it was) you get an appreciation of what actually goes into making these things work and there will be some IP in there that will make the platform work and unique to SYME. Your comments are quite silly and naive.

I'm going to step in here as I set up a platform for the EU referendum with some developers on the side to my normal work and in addition took HTML and Java courses and working with the developers and what I learnt independently I can without doubt say you have no idea what you are talking about BG. The whole mantra for developers is slick and simple on the interface - the rest (and there is a sh*it load) makes it slick and and look simple. It look very proficient and if they have the clients, funders and mechanisms in place then the scale is only as big as the imagination.

I have forever been the devils advocate to those who know me and the other saying 'one man's terrorist is anothers freedom fighter' applies here in a sort. I agree both angles have merit but it just depends on the ears that are listening to it.

If the likes of Amazon et al were to take the black and white approach to getting started chances are we wouldn't even know their name today. They did what was necessary to get it done and the rest is history. To say what was done was a crime is up to the individual. Me personally, whilst i get the analogy I dont think it goes that far as there are undoubtedly organisations that have resorted to literal crime to get going where people have been hurt and I don't think it fair to put them all into the same category.

I think extrader makes a sensible point...and controversially I would also say he often makes well articulated points. Points that undoubtedly have a negative, suspicious angle but much more informed and challenging than many of the simple detractor statements made here. It is not amiss to ask if the setup scheme was ethical or right but where I would disagree is the differentiation to the behind closed door dealings private companies would have done to raise cash as they would have had to give away a fair bit of equity to others in order to get their ventures off the ground....and undoubtedly would have made some cash out of it on the side as well.

What is wrong is to over focus on these dealings when naively suggesting all successful technology companies have been squeaky clean throughout.

We are at a point however where AZ needs to earn his £40m.

True there is more road now but I saw an episode of air crash investigation the other day where a plane kept going at the end of the runway trying to take off....and it didnt end well for the passengers...or pilots.

Appreciate that Miker444, I do take a balanced approach and try to be articulate in my musings and observations. I'm by no means suggesting we are being played maliciously but we all need to be wary now and not get our hopes up as we've been here before.

I did post the other day on a thread that was removed 5 minutes later (my fault for tagging onto a thread that was full of abuse) that we sometimes forget that most companies of this nature stay private until their big IPO reveal at a MCAP of over 1bn (a true unicorn company). These companies would have likely undertaken some shady things to get to that point including high interest loans, selling the family silver and pumping out the prize dog to the battered hound down the road. This is all done in private and now they are multi billion dollar entities that can get investment grade cash loans every day of the week.

AZ chose the early RTO/IPO route which does give him more mainstream options early on but does also put the company under that much more scrutiny when trying to get the seed funding in place.

It's a case of can he get to the traction point before he runs out of road??

I agree entirely with that sentiment, now is the time to start delivering, there are plenty of people who will, in public at least say tomorrow is still fine but it's gotten to a point where it needs to start to show foundation. Early days one can be forgiven for being swept up in the exuberance of it all but freshers week has been over for a while now.

It all depends if the 30th date is going to be pushed back or the deal called off altogether. If this happens then it aint going to be pretty unfortunately. If it does signal the start of IM then people can start to look up and forward to what the future holds and the SP will start its journey north with a good initial lift to reflect what will be a very positive achievement. Don't like dates like these as we are usually left disappointed so whilst it does need to happen AZ hasn't a great track record so far.

AZ called the agreement a 'cornerstone of the inventory funding strategy'.....to quote Beverly Hills Cop II - 'a house without corners is a donut'....that is what AZ will look like if he can't sort this or something in its place.

Fundamentally the CLN and unfulfilled expectations are the reason the SP has been slowly eroded over the past year. We and the company no doubt were expecting IM to have been completed before now and whilst the progress that has been achieved can be commended it is, as far as the market is concerned just window dressing so every time the IM threshold date passes with no IM the SP drops and then recovers to a level lower than the previous level and this has repeated a number of times over the year. Add the CLN and its dragged it down further.

Fundamentally the potential MCAP levels are still there and within grasp but the more times its proven to be a false summit the further the SP nd and MCAP goes in the other direction. Flip side though is when IM is complete then the rebalance will be that much greater.

A good example of the next summit is end of September- if AZ fails to close the FB deal in time or doesn't offset that with middle east IM for example then the SP is going to take a hammering to only recover at a lower level than we are at now. This will continue until IM is finally achieved or the SP is dragged down even further.

This summit however is probably the most important as the naivity of the past can be excused and put down to over exuberance but the progress since then can and must lead to results starting to show otherwise many loyal, early adopter investors are going to walk (including myself), and this will be a shame and detrimental to the SP and sentiment.

I suspect it nuggt be the family office who has taken a stake just under the notifiable threshold by the fact it stopped on the day of the announcement and I suspect we may never know which office that belongs to.

People do seem to be missing a very important point here - the new money is coming from a family office. Its much easier to get money from people who are handing over other peoples money. When its coming direct from HNW individuals then that's like its your own money with a whole lot more scrutiny. Despite the share payoff to get out of the CLN this is a very credible source of funding and the best RNS in ages.

Need to remember they are drilling night and day so chances are they are deeper than suggested.

They may now be waiting on the Canadian results to put with the individual prospects in order to complete the 'context'. Would make sense and explain the delay. Not expecting anything tomorrow but next week should start to see the wheels turn one would think.

Salvadori does make some salient points and is correct when looking at the situation at certain angles. What the company needs to do it look long and hard at its resources, capabilities and imagination and work out how it can leverage all the facilities it has (and some are impressive 21st century tech mixed with with old school stuff) to bring itself back into relevant market places.

I do have a bit of an concern with their forays into cookware and gym equipment as that does need a FMCG approach (possibly not too fast but volume certainly) and this requires a different set of skills from marketing through operations of the business when working on high value, lower volume items for specialist, slower churn interests. Not saying it cant be done but to do it they can't be machine gunning into a barrel all sorts of things without direction as they will run out of ammo very quickly and achieve not a lot..

Coming from a specialised engineering manufacturing background I can see the worth and potential of what they have. I also know the stalwarts and dead wood who can work in these parts and the resistance they put down can put pay to any success...

These must be historical as they can't simply choose what price to pay. The 0.68 ones outstanding are still active as per last listing.

It does indicate confidence of some activity in the near term. Will see but it's not a massive amount and puts some more cash in the coffers.

Cant see much of a influx from RMS like there was from BRH. RMS holders think far less of TB than BRH ones....may get a few but I have had suspicions the transfer of holders was in part orchestrated by TB when he dumped a load of his shares in BRH after the May update.