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Another tweet that has not aged well - Gerry "the pustule" Brandon of Deepverge trolling me

On November 27 2020 shares in Deepverge (DVRG) traded at 27.5p and I challenged the company on its ropy accounts and over-optimistic trading statements. The CEO Gerry Brandon took to twitter to say that I did not understand accounts. He aggressively trolled and insulted me. I replied but in the end did block him. The shares are now 1.75p, Brandon was forced to walk the plank, the trading performance has been dire and even former advisers admit that he broke AIM rules. As such the tweet below has aged badly.

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Deepverge £2m cost savings from thin air – what on earth was Gerry Brandon up to? How soon is Microsaic toast?

Gerry the arse Brandon has only “been resigned” from Deepverge (DVRG) for two weeks and yet already the new bosses have managed to find annualised cost savings of £2 million from thin air. That begs an almighty question of Brandon and surely means that he must be fired at Microsaic (MSYS) if it is not to go bust next year.

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Microsaic Systems – “partnership with Kingfield Electronics”, still how’s that cash burn?

Microsaic Systems (MSYS) “is pleased to announce that Kingfield Electronics Limited has appointed Microsaic as an Authorised Partner for front-end research, development, and engineering product development in scientific instrumentation and micro-engineering”. What of a current 0.08p share price, to a circa £5 million market cap, in response?

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Microsaic Systems – “pleased to announce” trading update. Er, what about ‘profit’ & cash?

Microsaic Systems (MSYS) has issued a “pleased to announce” trading update, emphasising that “the launch of the Microsaic Services Division, earlier this year, has resulted in an uplift of 40% in revenues” and “a healthy order book for H2 2022 which is the strongest ever going in to the second half”. So what of a current little changed 0.08p share price, circa £5 million market capitalisation?...

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Microsaic Systems – 2021 results, is it really “exceptionally well placed”?...

Previously writing on Microsaic Systems (MSYS), last month with the shares at 0.10p I questioned how significantly really does a new agreement illustrate how it is able to access additional revenues from innovative companies and concluded I’ll therefore review its eventual full-year 2021 results announcement and the overall outlook with it with interest whilst then continuing to avoid. It now “is pleased to announce its audited financial results for the year ended 31 December 2021”...

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Microsaic Systems – argues new agreement illustrates diversified potential. How significantly so?...

Microsaic Systems (MSYS) has announced a “Manufacturing Services Framework Agreement” which Acting Executive Chairman Gerard Brandon emphasises “diversifies the company's revenues beyond equipment sales of Mass Spectrometers… This new agreement illustrates how Microsaic is able to access additional revenues from other innovative companies seeking a high quality product design, development and manufacturing service”. What then of a current share price response more than 7% lower to 0.10p?...

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Microsaic Systems (#MSYS) – CEO Glenn Tracey resigns “to pursue a non-competitive opportunity”

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Microsaic Systems – “trading update”. Forgot the loss and cash burn?

A trading update from mass spectrometry equipment company Microsaic Systems (MSYS) commences that “revenues for FY21 have significantly exceeded those of FY20, recovering to a level slightly ahead of that in FY19, a pre-pandemic benchmark” and includes CEO Glenn Tracey “absolutely delighted”. So what of a current share price response down to around 0.19p?...

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Microsaic Systems – reckons “thrilled to report… transformational performance”, so why further share price decline?...

The CEO of Microsaic Systems (MSYS) Glenn Tracey is “thrilled to report this transformational performance for the first half of 2021”. The shares have responded to the half-year results announcement to currently 0.22p, more than 12% lower! So what’s going on?...

NEWSFLOW

Microsaic Systems (#MSYS) – conditional £5m placing at 0.1p per share, proposed board changes