By Tom Winnifrith | Friday 8 January 2021
Disclosure: I have no positions in any stocks mentioned, and no plans to initiate any positions within the next 72 hours. I wrote this article myself, and it expresses my own opinions. I am not receiving compensation for it (other than from ShareProphets). I have no business relationship with any company whose stock is mentioned in this article.
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.
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