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Lol!
be fair to summerfun, some people are just born thick and cant help it.
Pointless and unnecessary post@summerfun
Jarv55
All suppliers will be interested in the tech.
Covid killer and influenza killer face mask or standard product?
Which variant would people purchase?
Absolutely no brainer in a pandemic!!
Hands, Face, Space
lol
Honeywell may be interested in the tech
I wouldn't even worry about cash raise.
If it happens in the long run it will be hugely beneficial for the company. The only reason I can see them doing one is so they can increase to 60 million masks a month not 5 million which in the long run will make the share price increase by more....significantly.
Also as existing holders we may get an opportunity to participate and buy shares through an offering.
I think the more likely approach is they get an offer from a big player and get paid royalties for the patent. Either one for me is win.
3rd option is they stick to what has already been suggested and manufacture 5 million a month which we know they can do with current funding,.
All 3 options will generate huge income and SP is only going one way. I am not worried at all.
That is a government scheme by the way https://www.gov.uk/government/organisations/innovate-uk
Plenty of cash coming from the warrants and don't forget pharm2farm had a grant from Innovate uk
https://www.pharm2farm.org/pharm2farm-successful-secures-a-grant-for-new-face-mask-nano-technology/
Mick: I have little doubt you know these numbers. In any case:
£360,000 cash position September 21st 2020 H1 accounts report
Warrants:
Oct 20th: £200,000
20,800,000
20,000,000
21st Oct: £50,000
10,000,000
27th Oct: £192,000
24,400,000 at 0.5p
12,600,000 at .28p
£35,000 CLN
28th Oct: £110,000
22,000,000 at 0.5p
Cashed up to fund the opportunities ahead. Please DYOR
Mick, I suggest that you consider the very real opportunity here. They have proved that a mask can kill corona, the coating will not cost much so adding little to the cost. The market is massive. This could be licensed worldwide. All for a tiny m cap. This will bounce around I suspect. 1.5 to 3p. Then with no warning I expect 3 to 6p swings. I have a long hold pot just under 2p and a smaller trade pot which is slowly paying for my long. Good luck with getting your buy in price,.
Mick it ain't happening, but in early or be locked out they're ur only options ;)
See the RNS of Braveheart of 13 July 2020:
£200,000 participation in placing effected by Remote Monitored Systems plc
Braveheart Investment Group (AIM: BRH), is pleased to announce that it has conditionally subscribed for 80,000,000 new ordinary shares of 0.2p nominal value each in Remote Monitored Systems plc ("RMS") at a price of 0.25p per share (the Subscription"). Admission of these new shares to AIM is expected to be on or around 17 July 2020.
Surely the cash position must be running low? I am not deramping, just trying to hold a mature debate rather than saying that the SP will hit 20p today!
As a result of this subscription, Braveheart will increase its holding in RMS to 199,637,590 shares, representing approximately 25.79% of the enlarged issued share capital and total voting rights of RMS. In addition, Braveheart holds 100,000 warrants over new ordinary shares in RMS which are exercisable at a price of 0.5 pence per share. The Subscription will be financed from the existing cash resources of the Company.
RMS is an operating company whose ordinary shares are admitted to trading on AIM. In the year ended 31 December 2019, RMS incurred a loss before taxation of £711,942 and as at that date had net liabilities of £19,250. As at 29 June 2020, the directors of RMS estimated that RMS had net cash of approximately £266,000. Earlier today, RMS announced that it had conditionally placed new shares to the value of £265,000, by the issue of 106,000,000 new shares at a price of 0.25p per share. In addition, RMS is issuing a further 6,950,000 new shares, also at 0.25p per share, in settlement of certain professional fees.
RMS has two trading subsidiaries, GyroMetric Systems Limited ("GyroMetric"), in which it owns a 58 per cent. interest, which develops and manufactures digital monitoring and safeguarding systems for rotating shafts and Cloudveil Limited ("Cloudveil"), an intelligence services and security risk management business, which was acquired in September 2019.
No placing required here, they have pulled in over 500k in the last month from warrants and have a potential for a further 300k.
They will be selling 5m masks per month by December, why would they need a placing?
Pure deramping tactics. Disgusting
Wondered how long it would be before the derampers ruined the morning .if there was thought of a placing happening any time soon do you really think this would have closed above 1.5p given how far it has come in the past week
Mike. You answered your own question. Why would they need to raise right now when the warrant holders have given the company 300k in cash.
Will there be a fund raise soon? The spike to 4p to let warrant holders out at the expense of PI's was not on. Could this drop back to 1p if there is a raise on the cards?