RE: Loan shares short squeeze myth13 May 2024 19:20
ANALyser TAG are not SYME. TAG are currently taking SLS to court in UTAH precisely because they have the money to pay the loan at maturity but SLS won’t return the collateral stock all 778,571,429 of it! The court case is in advance stages with TAG going for jugulars bypassing arbitration! . See here:-https://www.pacermonitor.com/public/case/52439988/Avantgarde_Group_SPA_v_Stock_Loan_Solutions,_LLC_et_al
From 22/3/24 RNS
‘High West Capital Partners LLC (1,615,253,000 SYME shares transferred): 2 June 2023 (the "HWCP Loan");
· Stock Loan Solutions LLC (778,571,429 SYME shares transferred): 24 July 2023 (the "SLS Loan"); and
· Union Pacific Capital Ltd (3,500,000,000 SYME shares transferred): 9 June 2027.
With regards to the HWCP Loan and the SLS Loan, TAG has updated the Company that it has applied the loan repayment procedures set out in the contracts with the respective Lenders. TAG has also informed the Company that it has not yet received the required engagement from the Lenders of the HWCP Loan or the SLS Loan. As a result TAG is currently pursuing legal options to allow for the required loan repayments to be made by them and for the SYME shares that were transferred as loan security for the HWCP Loan and the SLS Loan to be transferred back to TAG. ‘
Such is their commitment to get back their own shares from SLS it is bypassing arbitration and going to elect judgement so where exactly are TAG’s stock what has SLS done with them and key question WHY will they not return them and allow TAG to settle the loan? That is the key focus here? So when judgment comes in to return the collateral 778,571,429 SYME shares to TAG? TAG have the money and also want to pay the HWCP loan and get back their1,615,253,000 collateral SYME shares.
YOU only ever appear when the SP begins to rally. Who even are you? TW? TW stooge? What is your role exactly here? You have posted utter nonsense for years. Now you have posted misleading nonsense on TAG which is not the true situation.
I would remind you that SYME lining up IM after IM income streams means any relationship with TAG is coming to an end any way however the need for the collateral stock to tbe returned from both SLS and HWCP could indeed see the short squeeze of the century here! Deal worh it ANALyser! IMHO DYOR