Member Info for Sharebel

Mick - lol yes der Good God.. That RTO was also an ‘acquisition’ - Google Reverse Takeovers and educate yourself. Do you see?!

IMHO DYOR GLA

Mick - Erm SYME it was listed by drum roll - a Reverse Takeover Acquisition by ABAL (listed) of SYME SupplyMe a private company - Google RTO or read the prospectus? Lol.

IMHO DYOR GLA

Er I’m not trying to discredit SYME - I’m trying to work out what’s happening here. No-one is focused on the details and the replies about the accounting dates RNS 19th June then 19th Jan and where funding for acquisition is coming from and why SYME are acquiring a successful company when they haven’t even proved pivotal key concept of own by closing 1st securitisation are plain silly glossing over the how’s and whys? I think the fact that ADMIN have removed my post twice now speaks volumes about the content. I haven’t breached any rules I can see so even if you’ve all got your knickers in a twist as I’m not spouting rockets and unicorns and piled in on me to report me? - Admin have no reason to remove me so conclusion is... I’ll let you all join the dots and see what picture you make.
What’s the old saying you can lead a horse to water but...

In my humble opinion
Do Your Own Research
Good Luck All

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IMHO DYOR GLA

Rebel - I’m sorry but what you’ve just posted is confusingly and wholly contradictory.

IMHO DYOR GLA

Adam -the FCA obliged to let us be un-suspended as we complied with filing necessary regulatory accounts workings. That’s all. You think they suspended them for a different reason? No. So they haven’t looked into nor investigated- as shareholders there would have needed to be a public announcement to say FCA investigation. So we weren’t investigated - so talk of clean bills and green lights is misleading.

IMHO DYOR GLA

No-one (or very few it seems) who post here seem to have a clue about the inner workings - surface frippery remarks is all they have. Anyone with an ounce of knowledge care to engage?

Place your bets gentleman large placing or RTO? I’m putting my money on the latter.

IMHO DYOR GLA

DG - a whole year and no TR1s even though we aren’t even at the original IPO placing price says it all. This acquisition reaps no benefit to the company whatsoever in my eyes. It operates completely differently and would be impossible to incorporate, we don’t have the funds avail to buy it imho and we don’t need to acquire it...hence the RTO scenario is growing in my mind as the reason why - it provides a quick route for any private companies co to get a public listing. Not so good for shareholders of RTO imho...

IMHO DYOR GLA

Wolf it’s not a merger it’s an ACQUISITION- it literally says that as the title of the RNS. If it was a merger it would say so.

IMHO DYOR GLA

Mouse - exactly as one poster pointed out ii’s funds are holding and didn’t even sell when we went to over 19 not so long ago. I’m happy to hold here and this will start to regain momentum as more people realise the doom and gloom is over egged. The only way is up from here.

IMHO DYOR GLA

Ell - I’m not welcome here? It’s a public board and you can use the filter button if you’d rather not see my posts. No need for this at all. I’ve been ‘outed as a scheming rat’ ? I don’t think so.Lol.

IMHO DYOR GLA

Arabim - erm how have we made some cash then? .... Oh the simplistic nature of it all eh bless

IMHO DYOR GLA

Some informative who actually delve and analyse - rest simply don’t want to listen and are sticking their fingers in ears shouting la la la and spewing 10p. No-one seems bothered we have not yet managed to finalise the FIRST SECURITISATION which should have happened last year - how many false dawns have we had? Why hasn’t it been finalised months after it was apparently days away? We should be now onto second one which was supposed to be by 31st March. Where is the explanation for that? So we get to the end of March and then what? Still to date don’t know the name of funder and don’t have any info on 1st never mind 2nd securitisation or delays. Yet no-one seems bothered at all that we’re not up and running months after it was supposed to be completed. I doubt some on here even know the history here or the timeline that has been consistently kicked down the road.

IMHO DYOR GLA

PIs or MMS?
Feels eerily like we are poised to jump up - been sat dithering at this level all day....FOMO Friday will be setting in soon. Personally believe RNS early next week!

IMHO DYOR GLA

1000 - I’ve never shorted any share in my life that’s a schoolboy answer to everything you can’t answer.

IMHO DYOR GLA

Blue - that would mean huge dilution before we’ve even made a penny then on the near horizon - not good for the SP now would it - it’d nosedive before we had a sniff of reaching sensible money here. I love the way AZ has never given an explanation as to why he hasn’t been able to wrap up SH. read the past RNS ‘s always designed to make you think it’’s just going to done, weeks, days and yet 6 months and whistle all to show for it. Why was it not wrapped up during suspension? Nothing to stop it being done -what is the hurdle here? He never gives an explanation or details.

From 10th Sept RNS

‘Meanwhile SYME is keen to complete the signing of binding contracts with regard to the Client companies forming part of the securitisation portfolio by the end of September.’

From 28 sept RNS

‘The first portfolio Inventory Monetisation is expected to have a value of approximately €300m and to complete by the end of October 2020‘

30th Oct RNS

‘Final negotiations, operating and regulatory tasks are proceeding well. The objective is to complete the first transaction in the coming weeks together with a scalable funding agreement that enables the Investor to increase its investment and monetise additional Client Companies that are in the pipeline‘

From 30th Nov RNS

‘Upon completion, expected before the Year-end, the Company will disclose the detail of the securitisation transaction and Inventory funding partner.‘

From 31st Dec RNS

‘Early in the New Year, the eligible Client Companies will receive a formal, confidential communication from SYME disclosing the identity of the Inventory Funder and the time-table to execute their individual inventory monetisation transactions. Shortly thereafter, the Company intends to disclose to the market the identity of the Inventory Funder, the key features of the Inventory Monetisation programme and the targeted positive revenue impact for SYME.

The Company expects to make these disclosures within the next month once the Inventory Funder confirms its release from the non-disclosure agreement or as required by market disclosure regulations‘

Jan, Feb nothing and now before 31st March - that’s a lot of can kicking as we were supposed to be originally issuing the next phase by 31st March and who is the Funder?

Some perspective here - what’s to say he hasn’t managed to wrap this up by end of March... then April etc etc so pardon me if I’m not happy he’s acquiring companies when the pivotal proof maker securitisation is not advancing STILL!

IMHO DYOR GLA

IMHO DYOR GLA

Mik - What’s he offering and if it’s too good to refuse where’s the money coming from? Show me the money!

IMHO DYOR GLA

Hefon - Lord kindly explain HOW we might have generated millions already lol.

IMHO DYOR GLA

Pipster - why hasn’t he been able to close SH for 6 months and counting - if you scroll back all the RNS’s end of Sept, end of October - remember lol the hoo ha before end of December - why Oh why hasn’t this happened when we were suspended for two months? So all I’m saying is believe in the leader syndrome doesn’t always get us to where we want to be. We all expected great things 6 months ago - what’s changed? In reality nothing we are still awaiting the jam tomorrow RNS and we really are in a position to acquire another successful company? It simply doesn’t add up. I think he will deliver the SH RNS with one hand and take away with a huge placing RNS with the other. That’s my analysis - I might be right or wrong but it remains we could do without having to fund something huge like this from essentially fresh air or via effect on our long awaited SP profits.

IMHO DYOR GLA

Hefon - they have to provide funds for the deal either by actual cash via a discounted placing? huge loan? (not likely as haven’t generated revenue) or shares? (not likely to exchange a profitable business and let someone else control and own by way of giving shares in a company who hasn’t made a bean yet) so option 1 is most likely imho!

IMHO DYOR GLA