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Supply@Me Capital – joke trading update, deep dive into the waffle, Part 2

As I pointed out earlier, in today’s trading update the fraud Supply@ ME Capital (SYME) provides no financial information on revenues or cash as at 31 December 2022 because boss Alessandro Zamboni doesn’t want to expose just how piss poor the actual numbers are. The trading statement has a list of “achievements” but its primarily a list of excuses of that the dog ate my homework during 2022 but there will be jam tomorrow. Now to dig into the excuses… 

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When is a trading statement not a trading statement? The fraud Supply@ME Capital opines: Part 1

What profit or rather loss did the fraud Supply@ME Capital (SYME) make last year? What about sales? Assets under management at the sub scale asset manager Tradeflow? How little cash is left? Er…. Nobody has a scooby and that is even after a trading statement today from the fraudsters. If there was good news on any hard metrics, Supply would shout about it. Instead…

NEWSFLOW

Supply@ME Capital (#SYME) – “year-end business update”, no useful financials (natch)

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Deep Dive Analysis of Supply@Me Capital – Cash crisis by April Fools Day

The fraud Supply@ME Capital Capital (SYME) has not issued a full year trading update, so we can safely assume there were no material new sales to boast about other than the first Inventory Monetisation transaction funded by VeChain which saw Euro 1.6 million of inventory monetised. At Supply’s claimed revenue percentage fee of 3% this is worth a tiny Euro 48,000 in revenue and almost certainly no profit on the trade at all.

NEWSFLOW

Supply@ME Capital (#SYME) – VeChain Foundation “strategic alliance” update, attempted ramptastic

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The FRAUD Supply@Me Capital – snouts in trough and more indications that Tradeflow is likely to be sold

Today the fraud Supply@ME Capiital (SYME) announced the following grant of awards under its Long Term Incentive Plan. Do not laugh, I kid you not:

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BREAKING: Supply@Me Capital – has death spiral provider Venus Capital already dumped 4.7 billion shares?

Yesterday at 5.38 pm the fraud Supply@ME Capital (SYME) issued a TR1 RNS stating that Venus Capital SA now owned 13.95% of Supply amounting to 7,900,000 shares based on the 56,617,688,143 SYME shares currently in issue.  Cue major rejoicing by the morons on Twitter and the Bulletin Boards.  The various myths that the morons invented when the first Venus capital allocation of 2,770,000,00 shares on 27 April 2022 when Supply had 40,239,339,950 shares in issue which represented over a 6% stake to explain away the fact that no RNS was issue have been conveniently forgotten for the time being.

NEWSFLOW

Supply@ME Capital (#SYME) – new bank loan of €1m, that not set to last long then!

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Supply@Me Capital – more Prospectus compliance blunders signed off by the chumps at the FCA

After my earlier note on the howlers in the Supply@ME Capital (SYME) Prospectus signed off by the poltroons at the FCA, I can now reveal that there are even more compliance related blunders in the Prospectus.

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BREAKING EXPOSE: More howling prospectus errors signed off by the FCA – Supply@ME Capital and the £24m blunder

The FCA must approve any prospectus for the Standard List and it has approved that for the fraud Supply@ME Capital (SYME) so allowing it to issue more of its worthless shares. At a proper regulator heads would roll for these massive blunders.