Remote Monitored Systems – an absolute horror of a trading update & a bonkers valuation

Shame on all those such as Zak Mir who have promoted this bag of excrement for today’s trading update was a true horror both in terms of what it said but also what it did not say.  Starting with the latter: this is a trading update which admits that sales are SFA but made no mention of losses or the cash position. Why not? I put it to you that if the company was drowning in cash it would shout about it.  That it does not mention it at all screams out the possibility that another bailout placing is on the way. Then there is what is said which is almost as bad.

Remote Monitored Systems (#RMS) – blathering “trading update”, masks fiasco continues

Remote Monitored Systems – does anyone believe this Amazon joke projection? Have a look for yourself

Bulls of Remote Monitored Systems (RMS) or paid penny share hustlers, such as LSE Share Talk, are forced to make extraordinary projections about sales of Pharm2Farm face nappies in order to justify urging folks to chuck their cash down the pan by buying these shares. For the current valuation is bonkers. Just see for yourself and ask a few questions.

Remote Monitored Systems (#RMS) – attempted ramptastic masks update… but more delays!

Remote Monitored Systems - is this tweet low grade ramping or outright market abuse

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.

You couldn’t make it up: Covid mask maker Remote Monitored Systems delays production as staff catch er…Covid

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.

Remote Monitored Systems (#RMS) – COVID-19 related further delays to mask manufacturing commissioning!

Breaking: Remote Monitored Systems – now set to give away its first masks

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.

Remote Monitored Systems: More delays, Still no sales and past deceit exposed – this is madness

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.

Remote Monitored Systems (#RMS) – mask biocompatibility test “delayed and is now expected to be completed in the next week”, “no firm orders have been received as yet”

One of the seediest rampers in London says no need to ramp while ramping: when's the Pope abandoning catholicism ( while saying high mass)?

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.

Remote Monitored Systems (#RMS) – delayed face mask manufacturing machine dispatched from Spain yesterday, now travel, customs, commissioning & is there demand?

Remote Monitored Systems (#RMS) – Dr Gareth Cave considers board changes “a positive response… concludes his discussions”

Remote Monitored Systems (#RMS) – board changes including new appointments, Alex Vergopoulos to join, Paul Ryan to “step down”

Remote Monitored Systems (#RMS) – letter from Dr Gareth Cave, including noting some constructive discussions with the board

Remote Monitored Systems (#RMS) – delays in machine delivery and mask approval testing

SHOCKING EXPOSE: The twitter pumping of Trevor Brown in the days before and the day he dumped all his Remote Monitored shares

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.

Remote Monitored Systems (#RMS) – Gareth Cave notes “constructive discussions are now taking place between the parties”

Remote Monitored’s disgraced board plays the victim and threatens their own shareholders: Brown and Ryan must go NOW!

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.

Remote Monitored Systems shareholder rebellion grows apace – spivs Paul Ryan and Trevor Brown look to be toast

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.