Tekne

88 days ago

Supply@ME Capital – Nuburu announces revised acquisition strategy, what are Bright Grahame Moore and the FCA playing at?

By Friday, shareholders in the insolvent fraud Supply@ME Capital (SYME) are promised $2.0 million from the insolvent fraud Nuburu (US:BURU), both companies being run by Alessandro Zamboni whose main vehicle, the insolvent fraud AvantGarde has just gone into administration. When I last wrote about Nuburu on 1 September its share price was around 16 cents per a share. Then there a was massive price increase overnight on 2 September as investors reacted to a Press Release released in a Form 8K below:

97 days ago

Nuburu – will Supply announce that it was paid $2.7 million on Monday? If it does it is still bust!

We should find out on Monday whether the technically insolvent fraud Nuburu (US:BURU) has paid the $2.7 million to the technically insolvent fraud Supply@ME Capital (SYME) which was due on or before 31 August 2025. Even if it does pay, Supply would still be technically insolvent! When will this madness end?

105 days ago

Nuburu – more Alessandro Zamboni spin at Nuburu and still no cash for Supply

Yesterday the insolvent fraud Nuburu (US:BURU) issued a Press Release about its proposed takeover of Tekne in Italy. Extracts from the announcement are reproduced in italics below with my commentary in the standard text below

112 days ago

Nuburu - interim results to 30 June show that it remains heavily loss making, drowning in debt and massively insolvent

Nuburu (US:BURU) filed its 10Q for the six months ended 30 June 2025 last night. The income statement for the 3 months showed a net loss of $12.2 million on zero revenue. Much of the loss related to the loss recognised on entering into various expensive convertible loan note and financing instruments. The loss for the six months to 30 June 2025 was a stonking $21.5 million.

133 days ago

Insolvent fraud Nuburu – confetti ahoy

Yesterday Alessandro Zamboni’s insolvent US fraud Nuburu (US:BURU) filed effectiveness order for two S1 filings. One S1 lets Nuburu sell up to 20 million shares to death spiral provider Yorkville, which will undoubtedly dump the shares.