Member Info for WiggyP

The A,

So predictable it’s almost laughable. 5.42 pm wtf!

So at nearly 6pm today AZ controlled entity RTOP released shocking results. Blaming challenges on the partial performance of the TAG loan. It’s almost a cliche that AZ the shadow director and majority owner of RTOP actually released results just before the long weekend - now what’s he trying to hide……..

Let’s hope it’s Tuesday morning… An after hours RNS before the Easter holidays has bury bad news timing connotations.

I’m sure there will be a few companies sneaking out bad news later today.

So legals were instigated well over a month before SYME announced them to the market. This gets more and more murky.

https://www.offshorealert.com/avantgarde-group-spa-et-al-v-stock-loan-solutions-llc-et-al-complaint-securities-fraud/

Although liquidity is much reduced at least this way TAG gets something back and can over time sell the shares to the dwindling number of believers, getting some cash in, rather than no cash in the short to medium term. As well as being seems to benefit the cash strapped SYME. After all TAG has commitments to RTOP and needs all the cash it can generate.

Perhaps an end of month RNS saying talks are progressing, progress is being made and further deals and announcements are imminent. That should get some buying activity!

If AZ were to go to court v TW I’m sure the disclosure process would make for very interesting reading for shareholders!

My money would be on TW as I’m sure we all agree AZ hasn’t been whiter than white in his dealings with shareholders…. Despite the sensationalist headlines used by TW there is generally a very accurate and defendable element to the stories.

For those reasons we know AZ won’t challenge TW.

Shame we only get a spoof RNS intended to prime the market to think there may be some sort of share squeeze prompting a spike. Prediction is nothing will happen, the shares are long since sold, no legal action will ever occur and this is the last we will hear about the loan shares for a few years, if ever.

A desperate attempt to cause a spike to sell into? Increase liquidity to enable some kind of facility? A morsel of hope for the last few believers? meanwhile the actual business of SYME continues to burn cash as AZ desperately tries to move the story on and keep the illusion alive.

Doesn’t look like the floatation of RTOP will be the saviour of SYME. Very poor update and deliberately opaque on detail, although plenty of jam tomorrow. I’m not sure there is enough liquidity to fund raise against.

To small a business to justify the listing.

Steady,

What’s shocking about the volumes and control? What control are you talking about. With approx £100k traded on a £21m MC company surely just low volumes sums it up?

What real tangible progress has been made since the last update?

We still don’t know the cash position and we do know they (and TAG) are looking for further funding - realistically via the issuance of more shares

imho, AZ is the wrong man to lead a public company as he has to many conflicts of interest e.g the CH trading hub connection just announced. Unfortunately, a lack of transparency will put off serious investors I suspect.

Shocking!

Interesting to know the truth behind the acquisition costs for TradeFlow. The valuation and introduction fees paid were the equivalent of many years worth of TF turnover. The gravy train rumbles on…

Lucky Bob,

Correct there is no evidence we aren’t doing anything with vechain. Although, based on the track record to date the question really should be is there any evidence we are doing anything with vechain.

The funding lifeline from TAG is critical and probably the most pressing update required. This radio silence is showing AZ in a very poor light.

Good to see the spread at a mere 10% which is more realistic.

Shame about the VE chain failure and does make me wonder what other news is held back e.g Lenovo and DP

Come on AZ time for a honest update!