Supply@me Capital Share Discussion Threads

[pwhite73] 19/3/2021 09:19

gasman10 - "PWhite give up will you. No news on website as hasn't been bought yet"

That's a very interesting point. Because what I noticed in both SYME statements there was the missing caveat that states - "there can be no guarantee that the acquisition will go ahead". SYME states - "Following the signing of the HoT and completion of Due Diligence, SYME expects to complete the acquisition within the next month."

Well hold on a minute. The due diligence has already been done? How big is Tradeflow because if they are anywhere near the size some are making out here SYME will need the approval of its shareholders to acquire a company larger than itself because it would constitute an RTO. A GM requires 21 days notice so I can only assume they're going ahead without shareholder permission.

Until you receive further information treat the whole deal with caution.

[henrycrs] 19/3/2021 09:17

What you trying to say Bobbles?Another scam company?Another PO Box address?It doesn't do any business?XXXX is in big bother with some regulator?

[robertoteodori] 19/3/2021 09:16

Tom James and John Collis are in the HQ of SYME doing the deal right now.

[robertoteodori] 19/3/2021 09:10

20 Cecil Street #11-05 Plus, Singapore

another cog
another crack
another flag

Any more flags required?

[purchaseatthetop] 19/3/2021 09:09

hohasaron...I have a bunch of MOS. Bought a few months ago. It actually has a revenue stream......

[hodhasharon] 19/3/2021 09:08

PW IS the Master!

[gasman10] 19/3/2021 09:07

Gap filled up we go....

[hodhasharon] 19/3/2021 09:00

oh dear!

Looks like Baron Munchausen has lost the dressing room. I've seen it many times before. Will take some solid numbers to get this moving now. The damage is done.

[pwhite73] 19/3/2021 08:59

Henrycrs - Firstly are SYME acquiring Tradeflow?. There is no news on their website about being taken over by anybody. As for the price its impossible to tell. Businesses talk up their trade to attract business but Tradeflow like all other inventory companies would have been decimated by the restrictions imposed by the pandemic. They claim they don't lend money or give credit so how are they making any cash. On the one hand they're an inventory company yet on the other they're a hedge fund trading in commodities. They may be looking for a listing and as SYME has no business they could just reverse their business into the SYME 32 billion shares.

SYME shareholders must ask themselves how are SYME going to purchase Tradeflow.

[ny boy] 19/3/2021 08:55

Only holding 250,000 here long term.

More into accumulating cryptos since last year via Coinbase & Binance

Fav’s apart from Bitcoin are VeChain (VET) & DogeCoin (DOGE)just leaving them for a few years

[henrycrs] 19/3/2021 08:50

What's the price then Mr White?

[professor_az] 19/3/2021 08:41

Blimey u gotta be proper constipated this morning, no poopoo yet?

[pwhite73] 19/3/2021 08:39

Spacegazer - "That best you can up with PWhite?"

There is no financial information on the acquisition. SYME interims to 30/06/2020 show there was just £892k in the kitty. So how is SYME going to acquire Tradeflow if it is as large as some of you are making out. There are only three options.

1. Issue billions more shares.
2. Take on a large bank loan
3. Another RTO. Tradeflow reverses into SYME which would wipe out existing SYME shareholders.

I favour No 3. I've said before and I still believe the suspension extension was the FCA laying down the law with regards to the £224 million non-existent assets and the fact SYME was still a cash shell approaching its one year dead line of 23/03/2021. The acquisition fulfils the criteria of a cash shell acquiring an operating business within one year period or the listing faces cancellation.

Intelligent investors know what's going on and are dumping into the mini rise.

[professor_az] 19/3/2021 08:32

Back into that V hole

[hodhasharon] 19/3/2021 08:29

Out. Money gone into MOS for 10 bags.

[professor_az] 19/3/2021 08:28

.70 coming and u need to leave this BB u son of a cat

[hodhasharon] 19/3/2021 08:26

Not the whoosh I expected. Another 15 minutes and I'm out.

[professor_az] 19/3/2021 08:26

Mr Failed Accountant who didnt make the Big 4, will u pls go back into the hairy OLD jungle u once came out from 59 years ago

[henrycrs] 19/3/2021 08:25

How do you think they are going to pay for it? With chocolate buttons?

[purchaseatthetop] 19/3/2021 08:24

On paying for the acquisition.....wild guess here....issue new shares based on the increased share price. Millions more shares off to overseas companies.

I never cease to be amazed at the mindless enthusiasm that everybody has for a company that does not actually release any data on that old fashioned thing called revenue....