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Supply@Me Capital – how will it pay the first monthly tranche of the Mercator loan which is actually a death spiral?

By Tom Winnifrith | Thursday 21 October 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.


As I previously explained it appears that the timing of the Tradeflow Capital acquisition was conveniently timed to occur on 1 July 2021 because it meant that the £4 million cash outflow for the acquisition did not have to be reflected in interim balance sheet.  It also enabled the fraud Supply@ME Capital (SYME) to have another 6 months to draw up its consolidated balance reflecting the acquisition of loss making Tradeflow.

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