Gordon Stein, CFO of CleanTech Lithium, explains why CTL acquired the 23 Laguna Verde licenses. Watch the video here.
Good appointment IMO.
I’ve been looking and investing in crypto recently and in my DD it occurred to me that Syme really needs a developer on board for the blockchain stuff.
I’ve even learnt that blockchain is already outdated and that tagchain is the future.
The circle closes when the goods from the warehouse are sold to the end customer.
Supply @ ME obtains commissions from all this: "on a warehouse worth 100 euros, we receive an income that is worth about 1.5 euros at the EBITDA level and one euro at the net result level", adds the number one of the group.
To date, Supply @ ME has come to analyze 165 companies, with a total inventory of approximately two billion euros. On the basis of these numbers, it follows that the next income statement could also reach a net result of 20 million euros, if all the companies analyzed were considered eligible.
These figures, however, are not seen, or are only partially seen, because it is as if we were at year zero. Something will be evident at the end of the month or at the end of April, when the company will respectively provide a trading update and publish the 2020 financial statements, but the boom in revenues and profits should be seen this summer, with the publication of the accounts. in the first half of 2021. At this moment, at 0.50 pence, the stock is suffering a high “delivery risk”, but it is also an investment opportunity for those who do not want to wait to see certified results.
Interview with CEO Alessandro Zamboni
In the month and a half of the suspension of the stock from the London Stock Exchange, Supply @ ME was not idle, it kept the business going and worked alongside the regulators to better explain its service model and, consequently, the its accounting structure: "we have communicated a lot in the past weeks, we have managed to get to know each other better and to provide the Financial Conduct Authority with the information requested: all in all, the stop to the listing was useful", CEO Alessandro Zamboni told websim.it.
The Italian fintech that allows companies to immediately obtain the value of the stock can be bought again from March 9: the stock closed on Friday at 0.50 pence, a price that is worth 162.7 million pounds. In the first four days of trading, the daily volumes were in the order of seven million pieces, but this summer it had reached almost two billion: a whirlwind of exchanges that allowed Supply @ ME to arrive on one of the stages of importance of the great world finance: “we have long been in the reel of CNBC, together with the big names of Nasdaq”, continues Zamboni.
Such interest is probably justified by the prospects for success of his business, the monetization of the warehouse. Supply @ ME has succeeded in building a bridge on the void that is created when a company ends the production of its goods, or, in the case of a wholesaler, when the purchased goods arrive in its warehouse, and the moment in which the goods and merchandise are sold. In this period, companies often need liquidity, "a need that the traditional credit system serves only partially, with loans that arrive after a long time and are worth a maximum of 50% of the inventory value", explains Zamboni .
Supply @ ME manages to quickly get the liquidity that companies need, using the resources made available by financial entities that have them in abundance and are desperate for profitable investment solutions.
Building the tube that safely brings the liquidity of assets under management to companies has not been easy, in fact there have been technological, accounting, regulatory and logistical complexities that have taken more than five years to resolve. But all this is behind us, because today Supply @ ME is able to value a warehouse, proceed with its securitization with the issue of a short-medium term financial security that is underwritten by asset managers: the latter are happy because they have a return, companies satisfy their need at a fair price (not being a loan). The circle closes when the goods fro
Supply@me tweeted this link.
https://www.websim.it/articoli-websim/supply-me-di-nuovo-sul-listino-con-165-magazzini-da-gestire/edb9df13fbfc4989838e103621679965.wsml