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Remote Monitored Systems: Indian mega spoof, announcing the same thing twice with more lies: when is the placing?

By Tom Winnifrith, The Sheriff of AIM | Friday 20 August 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.


Having already admitted that it was going to run out of cash, the only questions are when will shamed Remote Monitored Solutions (RMS) do a placing and how massive a discount will the bucket shop spivs demand to get it away? To that end one can expect a stream of ramptastic RNS announcements using the Adam Reynolds keyboard and which often contain lies. Here is the first one today and it seems to have got the morons creaming themselves with joy even though this is, in fact, Remote announcing the same thing for a second time. If you needed evidence of just how dim shareholders in this company are….

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