Agree this is very disappointing and one would think that an issue like this would have arisen in tests ! Hopefully they can find a use for the pallets they have already made and they do not become a huge write-off... certainly not the start we shareholders wanted.. keep the faith.. Money in the bank for the foreseeable future and some heavy hitting investors who surely have more detailed insight than us ? Fingers crossed :-)
The product existed in 2013 and was featured in the RM2 admission document January 2014. Now 20+ months later there is a gel coat or slippage problem? What alterations to the production line will be necessary? Yes Wolfhall, will it work and will it last? OK Shatter I will suck it and see or sell at a loss, but overall disappointed.
Personally this is my only foray onto AIM, intend keeping the 20% stake I have retained regardless of how long it takes for success -or not.( eg-I bought Barratt years ago at a £1 and waited through the Doldrums, the election and my patience has been well rewarded eventually). My concern with RM2 is gel coat durability and dust-elf an safety issues being a major issue-if the gel coat works well and is durable then all should be well-and I'll get my money back!-though doubt anyone knows when that will be.
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