Remote Monitored Systems Share Discussion Threads

[kemche] 17/8/2021 14:58

BOTB again?

[kemche] 17/8/2021 14:58

1.49 the handle.

[bionicdog] 17/8/2021 14:37

Time for another top up mountie?

[esimba24] 17/8/2021 13:40

Gareth's nanotechnology has failed. He should either quit RMs board or be sacked by Nottingham university. What is being taught at the university about Nano.... By cave has no value in real life in my view . This is another Nikola Plc. The share keeps haemorrhaging- and diarrhoeaing leaving a stench in its wake. Shame real!

[kemche] 17/8/2021 13:18

Boxer, Why would the BOD want to turn this into a shell when there is still "admin" to be had?

[boxerdogz] 17/8/2021 13:07

Is this the new CEO ?

[apfindley] 17/8/2021 13:04

Haha the expectations which the twitter pumpers fuelled and those taking part in the raising put put false news last year knowing that they were forward selling warrant shares....its all there...and the warrant rns was days after the huge spike in volumes.Now the company LET all that happen and choose to try save face 8 months later by saying they want to quell expectation.Oh dear.

[boxerdogz] 17/8/2021 13:00

Horror show, lessons to be learnt by many on this board

as said previous , best option now would to become a cash shell and start over

[kemche] 17/8/2021 12:48

" Company has been keen to avoid creating expectations that are then not met."

So "no bigger boats" then huh?

[bionicdog] 17/8/2021 12:31

So why is the MC still £14 million?

[kemche] 17/8/2021 12:14

Well I never!

[zen12] 17/8/2021 12:13

Need to learn to read RNS fully lol...later in same RNS you will find the cash in the bank figure...to help '... The exercise to date in 2021 of further warrants and options have raised an additional GBP0.9m for the Group and, as at 7 June 2021, its consolidated bank balance stood at approximately GBP5.0m.'

[apfindley] 17/8/2021 12:08

You mean in June when the shocking results said...-------Financials-- Growing revenues of GBP104k (2019: GBP52k) -- Losses increased to GBP1.53m (2019: GBP0.59m) including share option cost (GBP434k) and impairment of GyroMetric (GBP363k) -- Net cash used in continuing operations GBP990k (2019: GBP583k) -- Over GBP6m of new capital raised net of costs -------So what sort of revenues are you expecting now that the masks are a dead duck?Back to last year's revenue and likely higher losses too for the money wasted on the masks. Oh dear.

[zen12] 17/8/2021 12:01

Now you are misleading/deramping lol...£5m in the bank confirmed in June 2021 RNS

[apfindley] 17/8/2021 11:18

More money in the bank means more to waste.I bet there's near to FA left of what they raised.It's really expensive setting up tooling in distant places where we can't check.You know what I'm saying.

[zen12] 17/8/2021 11:11

£5m in bank so plenty of cash there for new CEO to make a real company here. New leadership is what is require here.

[kaka47] 17/8/2021 10:27

Good 1 Flapping about like a loose sail today in their AGM statement:-"This is not to suggest that the development of the anti-viral mask was a failure"(erm... Okay)"much of what has been achieved since the start of the year has had to happen behind the scenes"(turning the lights on, turning them off again, boiling the kettle, making the tea)

[glavey] 17/8/2021 09:55

What makes you think the mission wasn't accomplished?

[kingston78] 17/8/2021 09:32

This is not a failure. It is a lie similar to the US government that they have not failed in Afghanistan and that the mission was accomplished.

The company may have concepts but does not have the resources, skills and complementary technologies to bring them to market quickly.

[roberts1975] 17/8/2021 09:28

Gareth is a fool he should have dumped his stock tooI bet TB WAS TELLING him hold onto your shares while he was dumping Masks were a failure and this nano Particle rubbish is uselessThis is a complete and utter fail