Member Info for Theanalyzer

Ricketts isn’t being paid at present.

In April the Court Case for his claimed dismissal will be held.

Savvy

What the f… are on about now?

I posted something this morning on Nuburu showing SFE had paid a commitment on time rebutting a TwoGoodToDie comment.

TwoGoodToDie

You should read the SEC filings they don’t just take headlines like the source you used. The $3 million was committed but didn’t arrive and the reason cited was foreign exchange control matters.

SFE was still in default on filing the FormS1 Prospectus on 24 Jan 2025.

1 out of 10 must try harder

TwoGoodToDie

AZ promised to inject $3 million into Nuburu but had only paid around $644,936 was actually paid November 2024 and default notice was issued in October 2024.

Supply, RegTech, Eight and Nuburu all promised money by AZ which never arrives.

Hmm

TwoGoodToDie

So unless Nobby is wealthy he doesn’t have to worry either.

The Innovate deferral is good news but just like last deferral Innovate had little choice but to let Versarien kick the can down the road.

Versarien remains a long way away from profitability and still doesn’t generate any cash.

TwoGoodToDie

Given TW has been shouting the F word for years on his website and Twitter with no response from Supply, I doubt Nobby has much to worry about.

TwoGoodToDie

You keep coming up theories but some of them make no sense.

For instance you make assertion that would Eight have effectively accepted SYME shares in settlement of a €40 million loan?

The whole of SYME is only worth £2.55 million and TAG only owns 22.5% of TAG in total? Eight said the consideration was valued €40 million.

What are on you about re 27 March 2023?

Given I have never traded shares in SYME or instruments linked to SYME nor been paid to post articles I am not sure what alleged heinous crimes I am supposed to have committed.

Yes I consistently been negative on SYME but it looks like I called it and RTOP where I had same negative stance correct. Sure you could have made trading profits during the years but as long term investments they have both been utter dogs.

My comments are typically based on SYME and other public announcements and some extrapolated likely trends based on last financial numbers or other general comments. Some days there isn’t anything new to say other days there are.

I know it’s tough when you lose cash on shares but it was your choice to invest and stay invested. We all make poor choices and yes it’s much tougher where you believe, as you do, that management have conspired against you. When you start cooking up elaborate conspiracy theories about timing of people posting on bulletin boards then perhaps your were in too deep in the first place.

Ironically if you had followed my largely consistently negative stance you would probably not have not lost as much cash.

As Directors pay is a related party transaction any reduction or deferral should be disclosed in year end interim accounts.

Supply already has a material uncertainty over going concern.

TwoGoodToDie

No mention of pay cuts or deferred payments of pay at interim released in September nor any indication in subsequent RNS announcements.

Perhaps AZ has deferred taking his pay and because he is a nice modest guy he hasn’t mentioned it.

Other small caps deferring or reducing pay clearly state that they have done so.

Your reminder that AZ gets £207,000 plus 6% pension a year or £4,200 a week to carry on.

Chairman gets £150,000 or £3,000 a week.

I wonder how many shareholders get paid close to that?

TwoGoodToDie

Your right it’s only 20% at present but the key point is RTOP is a sub scale, loss making and technically insolvent business that no credible CEO would try and buy 20% in a related party deal with a US public listed company.

RTOP hasn’t filed its first accounts to June 2024 which are now 2 months overdue and that is after they extended year end because they weren’t after to complete 31 December 2023 audit.

It is still a Plc but only has AZ as sole Director in breach of Companies Act requirements.

The website has no contact person or named CEO.

It hasn’t provided update to shareholders since it delisted.

Long suffering shareholders of Supply know that AZ makes promises in RNS announcements that never materialise.

The Nurburu press release about buying a majority stake in RTOP provides a good example of AZ in action.

RTOP undertook its RTO at £60 million and its subsequent decline and delisting demonstrated that it was vastly overvalued.

The mystery 12 investors who promised to but £17.4 million of shares didn’t pay a penny.

The CEO, CFO and auditors all quit.

Yet despite the dramatic share price decline, departure of CEO, CFO, failure to produce audited accounts, alledged Italian employee upset, AZ issued an RNS indicating he was trying to buy his majority stake in it for Nuburu.

No credible CEO would try and sell this poor quality business to a public company he chairs in this poor state.

With interims due by end of March but with Croda launch in April, Ashman faces a challenge about what he says around Croda deal both in terms of orders and sales in period to 31 December and subsequent orders and sales to the date of results.

I suspect he will be under pressure not to disclose much information about Croda sales and orders.

St Martins

The cash is unaccounted for though is it? Tern’s audited accounts show where the cash has gone.

It’s gone on administrative costs and investments.

TwoGoodToDie

Why would any bank enter into a working arrangement with a consistently loss making and technically insolvent supplier whose principal shareholder and working capital provider is under going a financial restructuring when they are already plenty of other receivables and inventory lenders already in existence? Supply doesn’t even have a proven business model that works at scale currently.

Could PBX reach EBIDTA profitability for 2025 year end?

The strong growth in orders in Q1 highlighted in last trading update plus the major new contract win highlighted today at the high gross margins Probiotix generate must mean that the breakeven point is now getting closer.

Not many companies achieve such high growth rates at high margins.

Adeg1

The share buy backs are reducing share count which enhances EPS and dividend per share on an ongoing basis as opposed to a one off cash payment and aren’t subject to income tax if you hold them outside pension and ISA as I do (pension and ISA fully utilised) so I prefer them.

Alamos noted thanks.