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IN BRIEF: Remote Monitored Systems signs new hydroponics agreement

Mon, 21st Jun 2021 21:25

Remote Monitored Systems PLC - London-based surveying services company - Signs an agreement with PIC Consultants Ltd to supply a new range of retail hydroponic nutrients for distribution into the UK market. The range consists of eight specially formulated solutions, all of which contain patented nano particles produced by the Remote Monitored Systems' subsidiary, Pharm 2 Farm Ltd. Under the terms of the agreement, PIC has agreed over the next 12 months to purchase a minimum of 40,000 litres of nutrients, with an expected revenue for Remote Monitored Systems of around GBP80,000.

Current stock price: 0.89 pence

Year-to-date change: down 36%

By Evelina Grecenko; evelinagrecenko@alliancenews.com

Copyright 2021 Alliance News Limited. All Rights Reserved.

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