In today’s trading update, the insolvent fraud Supply@ME Capital (SYME) fesses up that it is still unable to publish its year end accounts to 31 December 2025 and that interim accounts for six months to 30 June 2026 won’t be published on the deadline of 30 September. So its shares remain suspended. It gets worse.
After Tuesday’s piss poor RNS, I thought I would spend a moment trying to estimate how large the hole in Supply@ME Capital’s (SYME) balance sheet current is both in terms of net liabilities and also the cash position. It’s grim.
Today’s Strategic and business update RNS update from the fraud Supply@ME Capital (SYME) is really piss poor.
Long suffering shareholders at the fraud Supply@ME Capital (SYME) still haven’t seen the publication of its annual report for the year ended 31 December 2025 which were due for publication by 30 April 2026. The RNS issued at the time stated:
Today Supply@ME Capital (SYME) announced that the terms of repayment of the $5.15 million loan from its US sister fraud Nuburu (US:BURU) had again been amended so that the approvals from shareholders and regulators for Supply to repay the facility in shares is extended by 7 months to 31 January 2027 and the repayment date if all approvals have been received by 31 January 2027 has been extended by 7 months to 31 August 2027.
Today, Supply@ME Capital (SYME) has warned that its audited accounts for the year ended 31 December 2025 will not be available by the reporting deadline of 30 April 2026, 4 months after its year end. So its worthless shares will be suspended on May 1. Last year, the audited accounts were only published following the receipt of extensively delayed funding from its US sister company, the insolvent fraud Nuburu (US:BURU) on 13 October 2025, over 5 and half months after deadline day..
The insolvent fraud Supply@ME Capital (SYME) is due to announce its year end results for the year ended 31 December 2025 on or before 30 April 2026. The Bright Grahame Murray audit process should now be well advanced but before it signs off, I suspect that Supply will need to raise additional cash.
Yesterday the insolvent US fraud run by Alessandro Zamboni, Nuburu (US:BURU) issued a Form 8K announcing that it had entered an inventory monetisation loan with Tekne. This pungent plate spinning also involves Zamboni’s insolvent UK fraud Supply@ME Capital (SYME).
Just because it is an unshortable insolvent fraud I guess Supply@ME Capital’s (SYME) share price horror show will be blamed by crazy Meg at Bloomberg and others on evil TW’s hurty words hidden by a paywall but sponsored by market makers, Mossad and evil shorters. Back on planet earth…
Today’s Supply@ME Capital (SYME) RNS of a proposed acquisition of an “inventory ownership business” is basically a thinly disguised mechanism for Supply to raise more cash to plug the hole in balance sheet which is admitted towards to the bottom of the announcement as follows:
Today some of the moronic shareholders in the insolvent fraud Supply@ME Capital (SYME) demonstrated their utter stupidity by exercising warrants to buy more shares. Words almost fail me
A key future event for the Supply@ME Capital (SYME) insolvent fraud is the proposed conversion of its $5.15 million convertible loan note as set out in its presentation at the AGM Meeting on the Investor Meet Company platform. The terms of the conversion can be summarised as follows:
Today the insolvent fraud Supply@ME Capital (SYME) published the votes for the AGM held yesterday. Unsurprisingly the long-suffering shareholders voted against the approval of the remuneration committee report and the reappointment of Alessandro Zamboni as Chief Executive. The resolution to reappoint Alessandro Zamboni was voted against by 54.58% of shareholders. However, the “Independent” Directors have reappointed Alessandro Zamboni back to the Board of Directors straightaway. So much for democracy.
The insolvent fraud Supply@ME Capital (SYME) has issued a business update which is terrible.
One of the factors not appreciated by the Bulletin Board Morons who piled into the insolvent fraud Supply@ME Capital (SYME) following the announcement of the completion of the Nuburu (US:BURU) funding, is the current scale of the deficit in net assets.
If the FCA were not such a complete and utter waste of space, Supply@ME Capital (SYME) shares would not have returned from suspension today. Okay, the company has finally published its annual report and interim results but it is an insolvent fraud. Having it listed in London merely serves to further tarnish the reputation of the whole market even further. It is like agreeing to keep the former Duke of York his ghastly ex wife, Johnny Hon’s pal, on as the patron of your charity.
