Supply@ME Capital – the cash crisis is horrific this is how bust I reckon it is

The fraud Supply@ME Capital (SYME) has repeatedly declined the opportunity to say what its cash position is right now when issuing updates on trading, today being the latest case in point.  The reason, as I shall show below, is that it is bankrupt, utterly out of cash. And that may be one, of many reasons, why the FCA does not allow its shares to resume trading. So here is the maths which is so easy that some of the morons who own this stock, perhaps even promoter in chief Zak Mir, might understand it.

Supply@ME Capital – The liars admit to more delays on relisting but insists that its moronic shareholders have nothing to fear

Oh dear, oh dear. If anyone believes the latest RNS from the fraud that is Supply@ME Capital (SYME), I have a bridge to sell them. It is now 18 days since the company asked the FCA to unsuspend its shares, a process that should have taken hours, but still the FCA will not relist and the half-witted owners of the equity are being asked to believe that there is nothing wrong? Whatever.

Supply@ME Capital (#SYME) – shares still suspended, “been in regular communication with the FCA”!

Supply@Me Capital – Yet More red flags from the income statement

We know that the fraud Supply@ME Capital (SYME) is not great on accounting matters, given the three attempts to account for the £224 million deemed cost of the reverse takeover which has now been accounted for as an asset in the balance sheet, then written off to the income statement and now charged to the statement of changes in equity as I outlined on these pages and also the two changes of year end which led to its suspension. I note that it is still in the process of appointing a Chief Financial Officer. A Chief Financial Officer is clearly needed when you look back across the results published by Supply and the apparent inconsistencies as detailed below. Yes here are more red flags for Zak Mir and other morons to ignore. 

Supply@Me Capital – the Fintech with minimal software development costs? Anyone smell a rat?

Shares in the fraud Supply@ME Capital (SYME) have now remained suspended for 16 days as the FCA investigation into numerous irregularities continues. As we wait for the final denouement, a question for folks like the Sith Lord Zak Mir who are so keen to promote the stock: let’s turn to page 47 of the prospectus. 

Now Supply@ME Fantastists produce demonstrably bogus FCA emails – shares still suspended

Oh dear, oh dear, it sounds as if the morons who are left holding Supply@ME Capital (SYME) shares, still suspended as the FCA investigates numerous irregularities, are getting desperate. Now they are fabricating emails from the FCA itself.

BREAKING: Supply@ME Capital accuses the FCA of lying in nonsensical statement

Supply@ME Capital (SYME) has today addressed the issue of the continuing suspension of its shares by accusing the FCA of lying. Naturally this has delighted its moronic shareholders.

Good companies just do not get their shares suspended like this - ref a very bad one: Supply@ME Capital

For me, one of the highlights of the past fortnight was stumbling across a discussion in the “private and secret” Telegram chatroom run by shareholders in Supply@MECapital (SYME) where morons talked about hiring a hitman to have me killed.  The trigger was the shares getting suspended by the FCA – which regulates the Standard List where Supply shares were traded – after I sent a letter pointing out why they should be suspended.

Shares in the con Supply@ME STILL suspended - see its moronic shareholders in denial

Which one of the seven stages of grief is "denial?" If you want to see it on display, I bring you some tweets below from moronic shareholders in the con that is Supply@ME Capital (SYME). For folks like this facts do not matter but the facts of what is happening are very clear, starting at 7 AM last Friday morning.

Bizarre Exchange with top Barrister John Joseph Mac Lucas - the latest direct threat against me over Supply@ME Capital

Let me be clear, Mr Mac Lucas was not threatening to hire a hitman to have me killed. He is not that sort of Supply@ME Capital (SYME)shareholder. But the top barrister from the Farringdon Chambers did, however, take to twitter with a brand new account he has since deleted but which I have captured in screenshots below, to threaten me with legal action. How do I know this is not a fake account? Because I contacted his chambers and, this morning, senior clerk Robert Archer replied:

BREAKING EXCLUSIVE: Will shares in Supply@ME Capital resume trading on Monday? Don’t bet the ranch on it: FCA enquiry underway

On Thursday and Friday of last week, Supply@ME Capital (SYME) published its overdue audited accounts for 2019 and its unaudited interims for the first half of 2020. The latter happened at 7.15 AM shortly after Lookers published its delayed accounts. By 9.35 AM, Friday Lookers had applied to the FCA under rule 5.4 and its shares started trading again. But Supply shares remained suspended all day. Its moronic shareholders see this as no issue and assume that trading will restart Monday AM. I have bad news for them.

BREAKING: Reddit Conspiracy to "Fuck the London Stock Exchange" and make the con SYME London's GameStop!

Shares in the outright con Supply@ME Capital (SYME) remain suspended on the London's Stock Exchange despite its very belated posting of two missing sets of accounts. In my latest letter to the regulators at the FCA I explained why the shares should stay suspended until Supply's lies in those two accounts are addressed. But here's another reason, plotters on Reddit are aiming to attempt a mass buying of the shares on Monday, if they are unsuspended, to destroy, what they believe is a massive shorting conspiracy. They think Supply will be the UK's GameStop, taking down evil hedgies and shorters. 

Letter to the FCA regarding Supply@ME Capital and why its shares should stay suspended until it truly 'fesses

It was a letter from myself, as an honest and upstanding member of the financial community, to the FCA, the regulators of the Standard List, that got shares in con Supply@ME Capital (SYME) suspended. Now technically, having finally published audited numbers for 2019 and unaudited half calendar 2020 numbers, it should have the shares unsuspended. But what has emerged has been so nonsensical, both for 2019 HERE and for 2020 HERE, that I have written to the FCA urging it to maintain the suspension for a while yet.  Now I reckon the floor shitters are so useless at regulating, if not defecating on their own carpets, that they may well unsuspend the stock. But here is why they should not.

Supply@Me Capital Part 2 - an auditor warns

Of course you do not have to listen to me or, in this case to an industry veteran. Why not just listen to Zak Mir, Alex McKinley and the other “experts” and fill your boots with this con when its shares resume trading. On that note, Looker published its delayed accounts today and its shares were unsuspended at 9.35 AM. I wonder why the FCA is not unsuspending Supply@ME Capital's (SYME) shares yet? Anhow back to the expert auditor who notes:

Supply@ME Interims – truly dismal and also just unbelievable: over to the FCA

We know from audited 2019 results released yesterday that as at this week, Supply@ME Capital (SYME) has still not signed one contract with a customer and has no cash with which to service any customers. Yes it has provided term sheets but that is not the same thing. I might well provide a term sheet to Cheryl Cole later today about a servicing proposition I have. But that, I am sad to say, would not be a binding contract! And without a contract or even a purchase order you simply, as a PLC, cannot book any revenues. Which brings us to today’s release of half calendar year 2020 results from the con that is Supply@ME Capital.

Supply@ME Capital audited 2019 accounts out – piss poor work and more red flags

I was never in doubt that Crowe UK, the auditors disgraced as the firm that signed off on the books of a vast number of the AIM China frauds, would sign off on the accounts for Supply@ME Capital (SYME) for the 9 months to December 31 2019. After all it was just a cash shell back then, awaiting the Supply RTO. But even so what this document tells us should scare, at least some, of this company’s moronic shareholders.

Supply@ME Capital (#SYME) – audited accounts to end 2019!, & jam tomorrow commentary

When your shareholders are this stupid it is never a good sign: Supply@ME Capital

At least this moron is not discussing having me killed but it would be fair to say that this shareholder in Supply@ME Capital (SYME) would not be your first pick for the pub quiz team. In fact, there are more signs of intelligent life on the planet Neptune than in this post from the LSE Asylum below. When shareholders in a company are this dumb, obsessive and determined to post demonstrable untruths, it is always a bit of a red flag. A hat tip to CZ for this spot.

NEWCO: Supply@ME Limited – any idea what is going on?

I doubt that the deranged shareholders in the con that is Supply@ME Capital (SYME) will thank me for asking but can they explain what is going on with Supply@ME Limited?

Updated: Let's pay a hitman to kill Tom Winnifrith say Supply:ME shareholders in "private chatroom" as shares suspended

There is a "private" chat room on Telegram where shareholders in Supply@ME Capital  (SYME) discuss why this con of a company is going to make them rich beyond their wildest dreams. But, with the shares suspended today by the FCA as a result of my good work, naturally they need to think of how they can solve their problems. Natch, the answer is, as you can see below, to kill me. Sure: killing a journalist is always a cunning plan...