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\nSupply@ME enables businesses to generate cashflow, without incurring debt, by monetising their existing stock. Before a business has found an end-customer for its inventory, the Supply@ME platform enables them to sell (\u201cmonetise\u201d) their stock and receive cash immediately to boost their working capital.
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\n\n\nThe Supply@ME service enables strong companies to improve their working capital cycle. SYME does not monetise inventory for companies in financial difficulty or with inventory that they are struggling to sell.\n
\n\n\nSYME also confirms that it will be issuing a Trading Update to the market before the end of this month.
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\n\n\nIn the month and a half of the suspension of the stock from the London Stock Exchange, Supply@ME was not idle, it kept the business going and worked alongside the regulators to better explain its service model and, consequently, its accounting structure: \u201c We have communicated a lot in the past weeks, we have managed to get to know each other better and to provide the Financial Conduct Authority with the information requested: all in all, the stop to listing was useful\u201d, CEO Alessandro Zamboni told websim.it.
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\nhttps://www.share-talk.com/alessandro-zamboni-ceo-of-supply-me-capital-syme-l-exclusive-interview/
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