RE: Long imvestment19 Aug 2020 06:13
Had a further read. I know I should be asleep. Agree once it breaks 1.2 then it can do anything again. Lots of news to come still. These kind if stocks, its all about the potential and this has still got legs. If you look at the bigger picture the mcap is not inflated as some tell you. Some don’t understand the business and hence are bashing it. Id choose to ignore ************* the scum. GL all.
“SYME is now developing the Self-Funding model with two leading Italian Banks and is targeting a first Agreement during Q3 2020.
Discussions with a large UK financial institution relating to a UK inventory monetisation pilot programme are progressing. Target to start the pilot by the end of 2020.
Supply@ME is working with a large, UK financial institution to arrange a first UK inventory monetisation pilot (up to 10 UK client companies) by the end of 2020, whereby a positive outcome may lead to a first Self-Funding agreement in the UK. In parallel, the Company is in discussions with several other potential UK commercial partners to commence origination of the first UK client companies.
Further feasibility studies have been initiated to assess roll-out of the Inventory Monetisation service in other geographies, as per the Company's business plan. As part of this, Supply@ME is also analysing opportunities in non-European regions.“