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 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.
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