The New Optibiotix Presentation from last night - I still believe the shares will have doubled or trebled by some point in 2022
BREAKING: Iconic labs, Tory MP Damian Collins & toxic Dave Sefton - is there something ( very fishy) they are not telling us?
Though he does not declare so in the tweet below, he has elsewhere: penny share huckster and known associate of Zak Mir, Mr Alex McKinley is a shareholder in joke company Remote Monitored Systems (RMS). You know, the maker of masks to stop covid spread that are so good its site turned into a covid hot spot. Yes, that fine enterprise.
Remote Monitored Systems (RMS) ’s Pharm2farm subsidiary has produced plenty of masks in trial runs so its staff should never have been short of protective masks to wear. So, on that basis, it’s not a great sales pitch is it: “our masks are so good our own staff caught and spread Covid.” No wonder this company has not got any customers.
I can reveal that the first 50,000 masks produced by Remote Monitored Systems (RMS) subsidiary Pharm2farm will be given away free to NHS staff. There is absolutely no evidence that NHS staff are short of PPE right now so this gesture, though it will be seen as laudable by many, is wholly unneeded. It may thus be a PR hit but what does it say about commercial reality? First things first, I hope it goes to the NHS staff who need it most, such as these folk.
No wonder ex boss Trevor Brown again sold every share he owned (as a result of exercising 1.4p options), dumping 24 million shares at 2.7p last Monday. Today Remote Monitored Systems (RMS) fesses up to more delays and lays bare more deceit from historic RNS’s. Brown is lucky in one respect.
The business model of AB McKinley and his LSE Share Talk company is to ramp penny share dreadfuls in return for a fee. At 2.8p, Remote Monitored Systems (RMS) - no sales, cash c£3.5 million, directors sold 40% of the equity before a string of warnings, etc etc - is capitalised at £58 million. So AB is on the case "No need to ramp" he says before, er...ramping away. What a way to spend your life. Having folks like this on board is a classic red flag.
Braveheart (BIM), the investment vehicle run by Remote Monitored Systems (RMS) boss Trevor Brown who is also a major investor in Braveheart, sold ALL of its Remote shares on 16,17 and 18 November at 2.9p-5p, netting it c£15 million. Not only did Brown sign off on ramptastic RNS statements by Remote on 11 and 16 November pushing the line that the company would, by the end of November, have a machine in Nottingham producing Covid stopping masks but he was also active on twitter pumping the stock. Of course the machine did not arrive in November, something Remote fessed to on 26 November. With more delays since, trial failures and a bailout funding the shares have collapsed to 1.22p. Now back to the pump.
Okay, the pantomime at the theatre in Wrexham is cancelled this year along with Christmas thanks to the clinically insane leader of Wales, Mr Mark Drakeford. Instead, thanks to AIM listed Remote Monitored Systems (RMS), we are treated to a performance of a new pantomime. Chancer spivs Paul Ryan & Trevor Brown, your AIM Cesspit career is behind you! Oh no it’s not! Oh yes it is! Or it soon will be.
The advisor to Remote’s largest shareholder Gareth Cave, who wants to kick the chancers off the board, said on Twitter: “I started in the City almost 35 years ago. I have never seen anything like the shareholder revolt brewing at #RMS”. It does look as if Paul Ryan and Trevor Brown will be getting the order of the boot. Cripes, things are so bad that even fellow spiv and a long time promoter of this stock, the Sith Lord Zak Mir, has turned on the board. That is not a rat jumping ship. That is a flea on a rat jumping off the rat after it has jumped ship.
The spivs, Trevor Brown, c/o Braveheart and Paul Ryan, who sold their entire holding in Remote Monitored Systems (RMS) at between 2.9p and 5p for £18 million just eight days before a major warning, must be sacked says Gareth Cave the founder of Pharm2farm and its key employee and a man who owns 18% of Remote. Cave also wants the bailout £5 million placing at 1.25p massively restructured or pulled. I back Cave and here is why.
Two weeks ago Remote Monitored Systems (RMS) shares traded at 2.65p giving the company a market cap of £40 million. I warned you then in this column and have since been double vindicated. The shares are 2.25p now but that is still far too high...
Shares in Remote Monitoring Systems (RMS) have crashed by 19% today to 2.05p. Just nine days ago mug punters were paying 5p as, unbeknown to them, the two main directors flogged all of the shares in which they had an interest. This is a massive scandal and surely even the Oxymorons at AIM Regulation will figure out that a Stewards is needed ASAP.
The Times newspaper today flags up a series of tweets which, almost certainly, break AIM Rules and relate to Remote Monitoring Systems (RMS), a company rapidly becoming the poster boy for the AIM Cesspit. They are not the hanging offence but there is a hanging offence out there...
At 2.98p mid Remote Monitoring Systems (RMS) is capitalised at c£45 million and has net cash of c£500,000. If the name does not ring a bell at once, this used to be Strat Aero a drone business where the directors repeatedly lied and deceived punters as they ran it into the ground. Now there is a new team in charge and a new bandwagon to jump onto.
Writing on Remote Monitored Systems (RMS) on Friday as its Chairman left “effective immediately, to pursue other opportunities”, I suggested forget previous cash raised to support growth of the group's core areas of business, it needed to keep the lights on and more is to be required. With that from a market cap of £1.5 million, natch bargepole / sell. That was with the shares down from a prior closing 0.28p to 0.23p...
Remote Monitored Systems (RMS) has updated including that it has “appointed John Richardson, a Director of GyroMetric Systems Limited, the group's 58% owned subsidiary, as Chief Operating Officer”, though also that “Nigel Burton, Non‐Executive Chairman of the company, has retired from the board, effective immediately, to pursue other opportunities”...
I have today written to the Oxymorons at AIM Regulation with regard to Remote Monitoring Systems (RMS) and its disgraced Nomad SP Angel of Mysquar (MYSQ) infamy, asking if monthly management accounts can be produced to justify statements made just three weeks before the last bailout placing on October 18. If they cannot be produced the regulator needs to take severe action against the company and its Nomad. I write
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