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All this mindless support for Dr Cave has had one result - the share price has fallen even below the discounted placing price.

Personally I cannot see the point of that.

What a c*ck-up. Very seldom does a share price sink below a placing price these days but that is now what the buffoons posting on this board have managed to achieve. Well done - not. Idiots.

Forget about Dr Cave and his hump. There is not going to be a short squeeze so forget about that as well.

Absolute idiots.

There will not be any reason for anybody to exercise their warrants when the share price gets to 2p.

The share price will need to be considerably higher than 2p for that to be worthwhile.

Warrants are issued as a future discounted bonus - just like most placings these days.

It's about time this share price started to go back up. The warrants will start to be exercised as soon as this gets to about 4p. I would expect most PI's to be back in profit at that share price so everyone will be happy once again. Plus up to £8M extra funding for RMS.

Quite agree. The scumbags were just trying to disrupt the placing to get a short squeeze. Well the placing shares have now been issued so that isn't going to happen but now they have somehow managed to tank the share price even below the placing price and are still trying to blame the BOD.

Yes, Braveheart did sell all of their shares in RMS for a massive profit while Dr Cave didn't but then the proceeds were very fairly distributed to the shareholders at Braveheart. How many time has that happened before? It was very fair.

3 months to get the warrants exercised and this won't happen until the share price is considerably higher than 2p. So either a higher share price or no dilution. It looks like the BOD are considerably cleverer than most of the boffin-loving posters on this board.

There is never any obligation to exercise any warrants. They have an expiry date. Generally, they are only exercised if the share price is considerably higher than the strike price ie. 2p. No-one will bother to exercise them at or below 2p. I doubt anyone would bother exercising them at much below 4p.

I wish all these posters would just give up on all this ranting against the BOD here. There isn't going to be a short squeeze. The placing shares will be issued in the morning. They didn't need shareholder approval. Just accept it, for goodness sake. Who needs to know what they will do with the money. They have it now and that is final.

As for the warrants, unless the share price rises considerably above 2p they will never be exercised and will exist on paper for 3 months and then expire. No dilution, no up to £8 Million (which the mass of posters here really don't want). They will be forgotten about. Unless of course the share price rises to between 4p and 10p, in which case they will mostly be exercised and poor old Dr Cave will have his holding diluted further. Though there will be some good news for him in that his holding will be worth several times what it is worth today, though I expect he will find that annoying too!!!

Can someone please answer what percentage of the vote will be needed to stop the warrants being issued?

If the BOD's are removed by this fussy nonsense then this company will be finished. The Nomad will resign and they will be suspended and then delisted.

Not sure what will happen if Dr Cave quits. The current product will be okay and as P2F was bought legitimately there is nothing Dr Cave can do about it. This is probably the best and safest option.

Does anyone know what % of vote is needed for warrants to be issued or stopped, please.

Maybe they intend to use the funding to make additional acquisitions so they don't have Dr Cave holding a gun to their heads and attempting to ruin the business.

As far as I can see the only time his name is mentioned is on the RNS dated 11th December linked below. Read it for yourself.

"P2F is adding resources across production and sales in order to meet the challenges of establishing new production and developing the sales pipeline. However the cash-flow consequence of the delays set out above, primarily a reduction of sales revenue in the near term, is that P2F's working capital requirements in order to build sales at P2F are now greater than previously anticipated and the board is considering how best to fund this additional requirement. As at 10th December 2020 the Company had cash of £706.5k and no debt save for trade creditors."

https://www.investegate.co.uk/remote-monitored-sys--rms-/rns/pharm-2-farm-update/202012111200014022I/

I think Dr Cave is splitting hairs here. He is being far too fussy.

Very dumb PI's supporting a boffin anyway.

Welcome to another NEW after you idiots throw out the board. They were soon suspended and have never been seen since. The then shareholders lost.

Even at 2p Dr Cave's 289 million shares will have a value of £5.78Million. That is a staggering 4 times or 300% more than his 48.28% ownership of his company was worth when they were taken over. WHAT IS HE COMPLAINING ABOUT.

At the time of the purchase of P2F Dr Cave was given 289M shares in RMS at a strike price of 0.395p per share with a value of £1.14Million. That is what he and Braveheart agreed with RMS.

At today's share price - 1.30p - Dr Cave's holding is worth £3.757 Million. What is he complaining about.

When the share price was 5p recently his £1.14Million payment for his share of P2F was worth £14.45Million. WHAT IS HE COMPLAINING ABOUT.

re: "using his name without permission is terrible and suggested he approved of it which he did not"

https://www.investegate.co.uk/remote-monitored-sys--rms-/rns/placing-to-raise--5-000-000-and-issue-of-warrants/202012180951241584J/

I have read this now about ten times and I cannot see any reference to Dr Cave. His name is not mentioned.

It is only that these warrants are valid for just 3 months that makes this the best option. If they were valid for the usual 1, 2 or 3 years then they would be as good as worthless.

Too bad about Dr Cave.

Because otherwise they won't be taken. They will just lapse. You should do some homework regarding the way these placing warrants work. They are a bonus for those participating in the placing - and in theory they should represent a substantial discount to the share price when they are paid for and taken. If they are not at a sufficient discount to the then SP they never get taken up.

The whole point here is that warrants are normally valid for 1, 2 or even 3 years and yet these warrants at 2p are only valid for 3 months. This guarantees either a huge rise in the share price within the 3 months - or no dilution if this doesn't happen.

I'm afraid that Dr Cave is only worried about his own holding and not the future of the company.

It's just a share that so many silly PI's have been lured in by his self-centred interest.