20 days ago
On December the lying conman Alessandro Zamboni promised that his companies would, by December 31, pay £1.4 million to Regtech Open Project (RTOP), where he is the main shareholder and a director, by December 31. Today, after pressure from me in recent days, including an FCA email swap yesterday, Regtech fessed that by the year end the scumbag had not paid a cent by deadline day.
39 days ago
If RegTech Open Project Plc (RTOP) survives until it publishes its first set of results for the period to 31 December 2023 (that is assuming that Alessandro Zamboni companies manage to provide the working capital promised on two previous occasions on which it is reliant to continue trading) it should be reporting losses of more than £50 million.
48 days ago
This morning RegTech Open Project Plc (RTOP), as I suggested it should do in article yesterday, issued an RNS fessing up that just like Supply@ME Capital (SYME) it too hadn’t been paid monies requested from Alessandro Zamboni’s private group The Avantgarde Group (TAG). In Regtech’s case it was TAG subsidiary RegTech Italia srl that hasn’t paid up. It is now apparent that the TAG Group, which has still not filed its now way overdue 2022 accounts, is undergoing a major liquidity and financial crises of its own.
48 days ago
Today’s announcement by Supply@MECapital (SYME) of the failure of The Avantgarde Group Spa to pay Supply the cash due under its debtor due for the disposal of 81% of Tradeflow and make timely payments under its drawdown facilities likely marks the beginning of the end for Alessandro Zamboni’s corporate empire.
87 days ago
When the fraud Supply@ME Capital (SYME) released its interim accounts for the six months ended 30 June 2023 on 29 September 2023, it reported a material uncertainty over going concern. The failure of The Avantgarde Group the company through which Alessandro Zamboni controls 24.02% of Supply to make payments due under a working capital facility on a timely basis was a key reason for this material uncertainty (continual ongoing losses being another key reason). The issue was disclosed as follows:
94 days ago
Regtech Open (RTOP) is in my view a plain fraud. Listed at 100p on August 25 its shares at peak ramp were 314p within weeks. They are now 11.5p. A peak market cap of £188 million is now less than £7 million and it may well be insolvent. Companies owned by Alessandro Zamboni of the fraud Supply@ME Capital (SYME) infamy were meant to provide loans of £2.5 million by early September but he could not dump enough stock so did not. Revised payments in 4 equal instalments totalling £2.063 million were meant to complete yesterday. Have they?
108 days ago
Still the FCA refuses to intervene in the scandalous fraud that is Regtech Open (RTOP). The FCA approved a prospectus and the shares listed at 100p on August 25. Within a couple of weeks they were 304p. Now they are 12.5p, a loss of 87.5% in less than two months from the IPO and 97% off the peak of a couple of weeks later.
113 days ago
The prospects for three public companies being Supply@ME Capital (SYME), Regtech Open (RTOP) and Eight Capital Partners (ECP) are intrinsically linked to the financial strength of AvantGarde,TAG, the private Italian company owned by Alessandro Zamboni, Supply’s CEO and a NED at Regtech. This is because both Supply and Regtech are reliant on TAG for their working capital and the majority of Eight’s net assets are represented by a loan on Supply’s shares with additional guarantees provided by TAG.
116 days ago
Yesterday I wrote to the FCA about the £60m con and scandal Regtech Open Project (RTOP) which it allowed to list on 25 August. Now I explain why the company is, even if scoundrel Alessandro Zamboni, has made a revised payment, insolvent.
116 days ago
So has Regtech Open (RTOP) received the funding due by close of play on Wednesday or not. If it has it should have announced it just to reassure investors if it has not it would be legally obliged to do so. But since Regtech and Alessandro Zamboni don’t give a FF abut the rules who knows? We all know what is going on here and the FCA’s failure to suspend the shares is a scandal.
152 days ago
Today’s interim results from Supply@ME Capital (SYME) have the usual features with the promises of jam tomorrow from the CEO Alessandro Zamboni but in reality, there are tiny revenues of just £77,000, negative gross margins of £108,000, pre-tax losses of £2,561,000, net liabilities on the statement of financial position of £2,146,000 and a material uncertainty caveat over going concern. So very much business, or rather lack of it, as usual.
172 days ago
On Tuesday morning I flagged up glaring red flags in the Monday announcement from the bezzle Regtech Open (RTOP) that Alessandro Zamboni’s Avant Garde had transferred 250,000 warrants “to settle a debt”. A corrective RNS duly followed. Gotcha! But the transaction still makes no sense.
174 days ago
Regtech Open (RTOP), the latest monstrously over valued standard listed vehicle majority owned by Alessandro Zamboni has appointed a CFO, Paul McFadden. He won’t be starting work at RegTech until a successor is found according to the Chairman’s statement at Shearwater.
209 days ago
Yesterday the FCA approved the Prospectus for RegTech Open Project Plc (RTOP) so that it can list on the Standard List with a £60 million valuation, enriching Alessandro Zamboni of the Supply@ME Capital (SYME) fraud to the tune of £21 million. This detailed dossier explains why the FCA should hang its head in shame. This is a disgrace and shows that the Standard List regulator is just not fit for purpose.
275 days ago
Today marks the repayment date for the loan to Stock Loan Solutions LLC over 778,571,429 Supply@ME Capital (SYME) SYME shares. So far there has been no RNS issued about whether Alessandro Zamboni has repurchased the shares or as is much likely simply let the deal lapse as in reality, I suspect that Stock Loan Solutions LLC sold its shares years ago at much higher prices than today.
292 days ago
It’s surely time for Albert Ganyushin, the Chairman of the fraud Supply@ME Capital (SYME) to force CEO Alessandro Zamboni to clarify what has happened to the shares which Zamboni’s 100% owned company, the AdvantGarde Group Spa (TAG) has given to three loan companies. At investor meetings Zamboni’s risible excuse is that he is unable to comment on TAG’s intentions but as he claims to own 100% of TAG’s shares, clearly TAG’s intentions are the same as his intentions.
292 days ago
We know that Supply@ME Capital (SYME) paid £4,000,000 in cash and issued 813,000,000 shares to Tom James and John Collis for the acquisition of Tradeflow Capital. Following the issue of the 2021-year end accounts, SYME issued the two vendors a further 213,525,520 shares as deferred consideration which resulted in total holding of 1,026,525,520 shares. Under the vendors buy back of 81% of Tradeflow, Alessandro Zamboni’s AvantGarde (TAG) paid £2,000,000 for the 1,026,525,520 shares held by Tom James and John Collis as described below:
292 days ago
Alessandro Zamboni loves a complex deal and today’s related party deal to sell 81% of Tradeflow Capital back to its vendors is a classic.
It manages to conjure up a valuable headline price for the sale of Supply’s 81% stake in TradeFlow of £14,386,100 misleadingly described as the “Cash Quantum” which gets the Bulletin Board Morons excited when the reality is that Supply@ME Capital (SYME) will get just £2 million from Zamboni’s private vehicle The Advantgarde Group which results in a reduction in the £2.8 million working capital facility that TAG had previously provided. So on the headline sale Supply gets no more cash than it had yesterday and is thus insolvent.
312 days ago
On 29th July 2020 Supply@ME Capital (SYME) fessed up that IAF2, a company controlled by Supply’s boss Alessandro Zamboni had hocked billions of shares to three new vehicles in returns for loans. It justified this with a porky pie, viz
418 days ago
On Friday, Supply@ME Capital (SYME) published the following TR1 RNS about Alessandro Zamboni’s holding in the cash strapped fraud The TR1 was described as a “Voluntary notification following the issuance of the exercise of open offer warrants, issues of equity and total voting rights RNS by Supply@ME Capital plc on 02/03/2023.” Given the percentage holding changed from 22.51% to 22.50% some Bulletin Board Morons questioned the need for the disclosure.
441 days ago
At Companies House company 1AF2 Limited is late filing its accounts for the period from incorporation on 7 May 2021 to 31 May 2022. 1AF2 Limited is a wholly owned subsidiary of The AvantGarde Group Spa (“TAG”), the entity through which Alessandro Zamboni the CEO of Supply (SYME) holds his shares in the company.
452 days ago
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…
621 days ago
As I noted yesterday, the fraud Supply@ME Capital (SYME) is spoofing like there is no tomorrow to get its open offer away and to allow death spiral provider Venus to forward sell another tranche of shares. Supply is tunning on vapours. But there is a big question, the woke twits at the FCA seem unwilling to push on: how many millions of pounds has CEO Alessandro Zamboni made from covert and undisclosed share dumps? I have written to the FCA.
621 days ago
Today Alessandro Zamboni the boss of the fraud Supply@ME Capital (SYME) issued an update to his update of 29 July stating:
622 days ago
As the Bulletin Board Morons await news on their first inventory monetisation for a derisory $1.5 million promised to deliver in July by Alessandro Zamboni in his RNS of 28 June, then promised last week in his RNS of 29 July and so far, consistent with the majority of Zamboni promises nothing actually materialised.
634 days ago
I have written to the FCA, which is the regulator – no sniggering at the back, please – of companies on the (sub) Standard List, like the fraud, Supply@ME Capital (SYME). A statement is now overdue, for clarification of whether or not its boss, Alessandro Zamboni, has covertly dumped shares.
643 days ago
On 29 July 2020 the fraud Supply@ME Capital (SYME) announced a loan transaction involving 5.89 billion shares as follows in an RNS:
705 days ago
Follow the money…this is all about how Alessandro Zamboni, the CEO of the fraud Supply ME Capital (SYME) has dumped all, or nearly all, his shares in the fraud while pretending that he has not. But the net is closing in on the scam as today’s announcement from Aquis listed Eight Capital Partners (ECP) run by ex Supply chairman Dominic White makes clear.
898 days ago
Jim Coyle as a highly experienced finance Director would be acutely aware of the risks associated with related party transactions between the CEO of a public listed company and his private company interests and in this regard, I bring to his attention a few questions he should be posing at his next Board meeting about related party transactions between Supply@ME Capital (SYME) and companies run by CEO Alessandro Zamboni.
920 days ago
Shareholders in Supply@Me Capital Plc (SYME) have dual exposure to Mr. David Bull. The first is in his capacity as the Non-Executive Director and Audit Committee Chairman of Supply where his role is to exercise oversight and guidance over the financial reporting process and controls at the Group. The second is via his position as CEO of Eight Capital Partners (ECP) which holds an equity interest in Supply and is also lender to an Alessandro Zamboni corporate shareholder in Supply which is secured on Supply shares.
929 days ago
Chancer Allesandro Zamboni likes to promise a lot but is always having to make excuses for the continual delays in inventory monetisation at the fraud Supply@ME Capital (SYME). In the AGM shareholder question and answer paper, the following question was raised about another FinTech business Taulia:
931 days ago
The whole team at Shareprophets has long been sceptical about the fraud that is Supply@ME Capital (SYME) and the excuses that CEO Alessandro Zamboni regularly trots out to explain the endless delays in inventory monetisation. Whilst some of the Bulletin Board Morons that have invested in this scam are slowly developing some sense of scepticism others simply swallow Alessandro’s latest bullshit explanation even when the excuse doesn’t stand up to even minor scrutiny. Take for instance the latest explanation for the non-purchase of the FinTech bank as set out in interim results of 30 September 2021 below:
977 days ago
Dominic White stepped down as chairman of the fraud Supply@ME Capital (SYME) on July 22 but is still involved in the company and the way CEO Alessandro Zamboni is dumping all the shares he controls. Today, White’s Aquis listed company Eight Capital Partners (ECP) has put out a release which is all about Supply shares but, for some reason, fails to name the company once. Suspicious? You bet.
992 days ago
Silence remains on whether the CEO of the fraud Supply@ME Capital (SYME), Alessandro Zamboni, has covertly sold all his shares. If I was him I would because, as I shall demonstrate below, its business model just cannot work. Forgive the deep drill on accounting but if you follow my lead you will see more evidence that Supply has misled investors and is a zero.
994 days ago
I cannot see a reference to this on the Supply @ME Capital (SYME) website but some folk think it is 26% of the equity. I think it is 0% and following the posting of THIS document, it strikes me as important that the truth be known. If the CEO has dumped his entire holding, why would any sane investor own the stock? I have written to the FCA as you can see below.
998 days ago
You may remember the Equities First Holdings (EFH) scandal which we did so much to expose? Fine chaps like the fraudster Rob Terry of Quindell (QPP) would take out a loan at a big discount to the value of shares pledged. They did not care as they knew the shares were way overvalued. The “lender,” EFH, would dump the stock at once so locking in a profit and when the shares fell a bit more the borrower would default. Easy! How to dump your entire holding in a worthless company while saying you were not. A document filed at Companies House, below, but natch not admitted to via RNS suggests the CEO of the fraud Supply@ME Capital Alessandro Zamboni has (again) been reading the Rob Terry playbook.
1214 days ago
Remember that bonkers RNS from September 24? That is why Supply@ME Capital (SYME), and specifically its boss the liar Alessandro Zamboni is pushing out so many ramptastic RNS announcements.
1257 days ago
I see that Supply@MECapital’s (SYME) multi-shamed boss, Alessandro Zamboni, has done yet another soft interview with the Sith Lord Zak Mir. Repeated interviews with a man who makes Justin the Clown look like Jeremy Paxman are a strong red flag. You can’t deliver operationally so try to get the ramping away with a man who won’t ask awkward questions. So I asked a bear, who is short, when the shares will stop dribbling lower as they do most days and completely collapse. He said:
1307 days ago
The chairman of Supply@ME Capital (SYME) is an insider dealer, we already knew that the CEO was a market abuser and yesterday it became apparent to all that it is making up its accounting policies as it goes along. Its supposed clients, such as Carrefour, appear to be fiction, and now another email from Alessandro Zamboni surfaces. Oh dear.
1312 days ago
If Supply@MECapital (SYME) was about to announce price sensitive information as it repeatedly claims, how come its directors are share dealing like dervishes? There is another one at it today, chairman Dominic White dumping stock with an excuse lamer than a three legged cat and meanwhile the market abusing CEO Alessandro Zamboni has been forced, by my article to clarify his dodgy dealings of yesterday. His clarification begs more questions.
1313 days ago
Of course he cannot answer, or not truthfully anyway. And that is the giveaway. Elsewhere I look at what has really happened at Big Sofa (BST), the AA (AA) which is toast, Amigo (AMGO), Asimilar (ASLR) and Dev Clever (DEV). Now to go put frozen peas on my hand and arm.
1317 days ago
Alessandro Zamboni’s mad followers are desperate for him and his worthless company, Supply@ME Capital (SYME) to sue me for libel. I want him to sue me to as the disclosure process would be a hoot. I really want to say “see you in Court Bitchez” but very wisely, especially after Wednesday’s slam dunk market abuse – Zamboni says he is not going to sue. And his excuse?
1319 days ago
Last night I revealed how, despite being warned that an article with ludicrous price targets for Supply@ME Capital (SYME) shares was fake, the CEO Allessandro Zamboni tweeted it out causing his cretinous followers to pledge to fill their boots today. Last night there was no sign of contrition but, I suspect, my communications with my good friends at the FCA rather focussed a few minds. So this morning we have an RNS admission of fake news from the company. It is not good enough, Zamboni has committed market abuse and should be in jail and it shows his company is a scam.
1320 days ago
Trading in shares in Supply@ME Capital (SYME) cannot start tomorrow as the CEO Alessandro Zamboni has actively created a wholly false market by knowingly engaging in market abuse as I exposed earlier. I have written to the FCA asking for urgent action. The letter follows:
1325 days ago
When I, again, exposed the con Supply@ME Capital (SYME) the other day, its boss Alessandro Zamboni told one of his moronic shareholders that his lawyers had advised him not to sue me for libel as I was only seeking readers and, anyway, full year numbers would speak for themselves. But with the shares sliding and the company almost out of cash, today we have a trading statement which whiffs of panic and is pure bull. It also begs the question of insider dealing.
1335 days ago
I start with musings on croquet hoops, something I am geekish enough to comment on, and how it is symbolic of our age. I wander on to consider the craziest job creation scheme in history but one which the mainstream media takes seriously… back to crazy croquet hoops. Then it is news that Capita is closing offices where 15,000 work and the Government’s barking mad plans and pleas to reverse this tide. Finally, the response of Alessandro Zamboni of Supply@ME Capital (SYME) to me terming his company a con and saying he should be in jail. Other than his stupidity in telling an obvious lie, Sam Antar, the king of the fraudsters, would be proud of him.
1336 days ago
No doubt moronic shareholders in Supply@ME Capital (SYME) will urge it and its boss to sue me for libel. Bring it on baby! See you in Court Bitchez! This is a situation where surely the FCA has to act.
1368 days ago
Surely, after the latest shocking revelation about Supply@ME Capital (SYME), it is only a matter of time before the chocolate teapots at the FCA move in to stop parties linked to CEO Alessandro Zamboni from the covert dumping of more worthless stock on private investors. If you do own the shares, here is another reason to quit – broker Stanford Capital has had enough.
