Victoria Oil & Gas Share Discussion Threads

[dannythelark] 25/4/2022 22:23

Ray, gone very quiet, he must be waiting for bIG news. Kevin Foo you robbing brastard…..

[sparty1] 25/4/2022 16:15

Wright said George...

You are very "special" George. I hear Kevin Foo needs a pool cleaner! Maybe apply.

anyone buy or sell vog today? lol.

[george_wright] 25/4/2022 12:30

https://www.shareprophets.com/views/61432/supplyme-capital-for-whom-the-death-spiral-bell-tolls-the-race-to-0p-is-hotting-up

[dannythelark] 25/4/2022 12:21

Kevin Foo you dirty, lying, rotten crunt.

[george_wright] 25/4/2022 11:37

NEW ARTICLE: Supply@ME Capital even a low grade rat wants to jump off this ship #SYMEWe have previously noted good reasons why Ms Susanne Chishti was not exactly Non Exec Director of the year. But even low grade corporate rats know when the game us up and when it is time to jump ship. The shock March 4 resignation of the one credible figure at Supply, its ex chairman Jim Coyle after just a few months at the helm, should have been a warning. Now it appears that Chishti walked with immediate effect last Thursday.Another rat leaves the sinking ship !!!Another £10 for me from Uncle Tom.

[bspgamer] 25/4/2022 10:33

Fee fi foe foo I smell the blood of a Australian man. Be he alive or be he dead I will grind his bones to make my bread

[sparty1] 25/4/2022 10:04

Jay/Rayfenn/RF68/ Said a lot of things.. !

Roy to transform the company for eg. Well he got that right!

[dannythelark] 24/4/2022 20:11

Come out fighting Kevin Foo or are you afraid the truth may come out finally!

[dannythelark] 24/4/2022 19:22

Big news coming Jay said.. RIP VOG

[george_wright] 22/4/2022 10:45

Supply@me Capital (ticker "SYME") has been a fraud right from day 1 when it first listed on the LSE. Its “inventory monetisationâ€? business cannot possible work in the manner that it claimed to investors in its prospectus. A “True Saleâ€? requires that SYME must pay a minimum of 90% of the inventory sales price in cash and yet SYME has stated that they only advance 85% against the inventory. The prospectus made no reference to the VAT problems that have plagued previous inventory monetisation structures (buying/selling is Vatable whereas bank finance is not). And the prospectus claimed that there would be plenty of banks willing to lend even though banks typically lend no more than 50% LTV in standard inventory finance transactions, which is materially south of SYME’s claimed 85% LTV. Perhaps these are the simple reasons that SYME has failed to get any of the bank finance that it has been claiming for months that it would be able to attract?And whilst SYME made these wild claims its CEO and Chairman dumped tens of millions of pounds worth of shares into the market where it has attracted a cult-like following of shareholders who have seemingly accepted every word, that the company's charismatic CEO has said, at face value.But there is only one point that you need to understand to appreciate why SYME is a dog of a share to be avoided. Supply@me has struggled to attract finance and hence has chosen to fund itself with a convertible loan that is colloquially known as a "death spiral". The holder of the convertible loan converts a small amount of the loan every month into shares at a *discount* to the prevailing share price. Since they sell the shares in the market at a similar time to when they convert the loan into shares they are guaranteed to make a profit. But the relentless monthly selling pressure depresses the share price and means that each conversion takes place at an ever-lower price, pushing the price ever lower downwards.This is the track record for SYME's death spiral:29 Sep 21 â€" Death spiral issued17 Nov 21 â€" shares issued at 0.204p26 Nov 21 â€" shares issued at 0.135p20 Dec 21 â€" shares issued at 0.12p12 Jan 22 â€" shares issued at 0.11407p25 Feb 22 â€" shares issued at 0.10p28 Mar 22 â€" shares issued at 0.056pA seven year-old can spot the trend in the share price. And SYME hasn't finished issuing shares under this death spiral, there are at least another six conversion to take place with the next due within about a week.More worryingly the cash that SYME raised from the issue of the death spiral in September last year has nearly all been spent and SYME is facing a cash crunch. Its Chairman and one NED have resigned recently and it needs to publish its accounts very soon. Does the Company have adequate funds to be a going concern or does it need to raise funds yet again with a second death spiral?If you think that all of this means that SYME is a buy then you really need your head testing!

[george_wright] 22/4/2022 10:44

Just over 2 years ago on the 23rd of March 2020, this is part of the RNS:Supply@ME is a fast growing, innovative "inventory monetisation" platform, having originated more than EUR300 million of prospective "inventory monetisation deals" in the first six months of operation to June 2018. In the first half of 2019, an additional EUR300 million of prospective deals were originated. As at the date of Admission, EUR972 million of prospective contracts have been originated. The Directors believe this makes Supply@ME one of the fastest growing inventory FinTech providers internationally.The Company aims to be the leading FinTech business focussed on inventory funding through this disruptive service model which combine innovative legal contracts and state of the art technologies. The target addressable inventory financing opportunity in Supply@ME's markets is estimated to comprise £1.9 trillion of inventory under management.Question,Az where is the money?

[george_wright] 22/4/2022 10:20

Another fall at SeeYour Money Evaporated

[dannythelark] 22/4/2022 10:03

Yep Kevin Foo is a lying, dirty, thieving frukin rat

[bspgamer] 22/4/2022 02:04

Foo foo fuuck sake

[dannythelark] 21/4/2022 22:50

Kevin Foo you dirty, rotten, lying, frukin scumbag. Fen your as bad for ramping this piece of shrite! Big news coming RIP VOG that's the big news.....

[sparty1] 21/4/2022 14:11

Hats off to Fenn/Jay`s mate Roy. VOG in a much better position now..Prone instead of Supine.

Bring on the post mortem.

[dannythelark] 20/4/2022 22:20

Kevin Foo, your a lying, thieving robbring crunt!

[george_wright] 20/4/2022 16:51

Come on all, TW is a master class genius.NEW ARTICLE: Supply@ME Capital even a low grade rat wants to jump off this ship #SYMEWe have previously noted good reasons why Ms Susanne Chishti was not exactly Non Exec Director of the year. But even low grade corporate rats know when the game us up and when it is time to jump ship. The shock March 4 resignation of the one credible figure at Supply, its ex chairman Jim Coyle after just a few months at the helm, should have been a warning. Now it appears that Chishti walked with immediate effect last Thursday.Another rat leaves the sinking ship !!!Another £10 for me from Uncle Tom.

[dannythelark] 20/4/2022 12:18

Get Kevin Foo in there to sort it out the lying, thieving, brastard!

[george_wright] 20/4/2022 09:20

Down again in SYME and no accounts, deadline is next week or suspension again!NEW ARTICLE: Supply@ME Capital even a low grade rat wants to jump off this ship #SYMEWe have previously noted good reasons why Ms Susanne Chishti was not exactly Non Exec Director of the year. But even low grade corporate rats know when the game us up and when it is time to jump ship. The shock March 4 resignation of the one credible figure at Supply, its ex chairman Jim Coyle after just a few months at the helm, should have been a warning. Now it appears that Chishti walked with immediate effect last Thursday.Another rat leaves the sinking ship !!!

[jam2day] 19/4/2022 21:49

You need help