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Unitedguy, the humongous potential still remains in a market that is expected to grow by billions and where majority of the masks are being used by medical professionals (which is P2F’s main target)
Add to that another growing market (fertilisers for hydroponics).
As for TB and PR, are you forgetting that THEY WERE “the managers” at the time? I will repeat that their intention was to fill their pockets with free shares when they did the placing, which didn’t quite work out for them.
poorinvestor is Dave
https://www.youtube.com/watch?v=6a18UaSIMWw
Totally agree UG about why post this and no sales update. Best email ol' Graham and 'Tony to ask them why.
Kainos, so nice to see you updating Poor about your absence and you are back today to fight the good fight.
Thanks for your concern but I am ok. Just researched on the RNS to see if it warranted further investment in RMS. Obviously IMO it didn't and in fact if they post this as material information shareholders need to know then it beggars belief why no sales update.
To be honest Kainos your concern should be focused on Poor. He keeps banging on about millions in masks sales without any evidence to support this yet on and on he bangs, seems delusional and I'm really worried for him.
If the bottom line as Truthfactory states ever gets to 0p, just think how many you can buy for nothing.
poor - busy yesterday - popping back in this morning - just reading through posts.
I actually feel a bit sorry for UG
Seems his life has been taken over by this BB
I sincerely hope he is OK
I’ve filtered him again as worries me reading the intensity of the negativity
GLA LTH
Unitedguy, every mask that has been produced, has been sold. Do you not listen to the interviews?
They must be producing, at least 1 million masks a month.
There has been no burn rate, money has been spent on raw materials for the masks.
If you are not invested here, why make such an effort bashing this company?
Nina Nina Nina the 5, 6 or 7p share value was nothing to do with total equity it was simply the humongous potential of having a Covid 19 killing mask in a Covid 19 pandemic.
Only TB and PR factored in the managers couldn't organise a XXXX up in brewery so they made millions and we missed the boat. Now RMS has to be valued without huge growth potential, without any growth potential until they tell us something of substance .
Truthfactory, what is TB going to tell his grandchildren? How he was the CEO of RMS who thought they took over Pharm2farm, but ended up the other way around? It seems that Pharm2farm have taken over RMS. not bad for a “bunch scientists” don’t you think?
May I remind you that total equity now stands at £6 896 805 compared to minus £19 250 in 2019?
RMS’s share price hit 7p when it had negative equity. How can it not be valued more now and why can’t it be 5p and more in the future. By future I don’t mean tomorrow by the way. :)
Tuan6 - ????? ?????????,??????????????
A warning sign from 4 p then now all it go is down, what do you hope from mask anyway? AIM is casino and some time you win sometime we lose money .
the most basic thing for a company is selling something for income. without income sooner or later they will show off their face and they will eat all money from shareholder. Until now there is nothing for sell yes ? what next is more when the fund running out .
I know they have had some sales via amazon including my own. The masks are 4 ply and comfortable, simple packaging and have 10 to a pack, they have last well. They are on the expensive side at the moment so for public use they are going to struggle for large sales as joe public will just pay the least amount every time.
Rms is still in its infancy, and in the last 9 months has gone through a lot of crazy times. Still the IP for the company is key and nano has a lot of applications which rms will have opportunity to test different markets with.
The city have just sent out there usual boys to deramp and the others are impatient the company hasnt already made them millionaires in a week.
poorinvester just cant get these simple numbers right.
Please poor see Final Results posted 9th June Chairman's statement fourth paragraph "the Company raised over £6.0m net of costs" and "as at 7 June 2021, its consolidated bank balance stood at approximately £5.0m ."
This is simple maths guys they have burnt £1M in five months and If there mask sales of note RMS has burnt even more.
Poor kept saying we've sold loads of masks for millions of quid yet RMS don't report these sales but they do report a start up with no identifiable worth promising to buy £80K of product over the next 12 months. This is a joke.
poor kept saying there are loads of mask sales, there will be a sales update end of May, early June and on and on.
No sales update.
Truth factory, you said the same 3 months ago and I told you then, the mask side of this company is paying the wages expenses etc and I also told you then, the 5 million will still be in the bank account and it still is. It will be there in 3 months time unless they decide to invest it.
I’ve also said on numerous occasions, we will be getting RNS’s regularly as this is a growing business and it will be increasing its revenue. Today proved my point. Expect regular RNS’s regarding our nanotechnology. The world is our oyster. GLA DYOR Imho
Money in the bank - but what is the burn rate? - and £80k in sales. What do we think of the track record at bring new products to market? IMHO value is a lot lower. DYOR
Poor old Toothfactory
He will get there one day lol
This company going to be massive in 12 months
Truthfactory, do you even understand marketcap?
This company has £5million in the bank. Various products that are coming to the market. A in house production line. Patents.
blue sky for the last 4 hours and we are still down?
just another day in the life of constantly minuplated RMS for selfish reason
will they take the brakes of one day who knows???
but it's more than likely at some point, with this kind of pressure
308..