Nanosynth Group (NNN) has at last admitted what seemingly only it now hadn’t admitted – “the average price and subsequent need for facial masks, particularly in Western Economies has diminished”. However, it still can’t admit total defeat on its “mask strategy” and tries to further ‘mask’ this with another “Strategy Update”!
Whether as Strat Aero (AERO), Remote Monitored Systems (RMS) or Nanosynth (NNN), there are a few common threads. For starters, they have repeatedly lied to investors. Then there is the fact that every business bought fails to make any cash.
In short “bullshit, talk about jam tomorrow and start planning the next bailout placing.” Okay that is not what Nanosynth (NNN), formerly the dog known as Remote Monitored Systems (RMS) did say but it might as well have. The name changes but this is still a dog with fleas.
Do you remember all the hype last November about how a magical machine from Spain was on its way to Nottingham to make face nappies for Remote Monitored Systems (RMS). The hype that saw spiv Trevor Brown dump all the shares he controlled at up to 5p, the hype that got a bailout placing a way at 1.25p? Well it turns out that this was a “Tunes” machine: for it is now completing a “second class return to Nottingham.” Readers under 45 will have to check out the video below to understand the reference.
