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Supply@ME Capital swaps one death spiral for another and lies about it

By Tom Winnifrith | Thursday 2 September 2021

Disclosure: I have no positions in any stocks mentioned, and no plans to initiate any positions within the next 72 hours. I wrote this article myself, and it expresses my own opinions. I am not receiving compensation for it (other than from ShareProphets). I have no business relationship with any company whose stock is mentioned in this article.

Supply@ME Capital (SYME) may have a couple of new directors but that appears to have changed now! It still appears to take a delight in deceiving the morons who own its stock. Today it says that it has closed its death spiral facility with Negma and replaced it with a loan except that it is not a loan but another death spiral! And it gets worse.

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