Member Info for mafioso

Doe strategy affect the 2 tenders last week and this week around antibody test kits?

Looks like a placing news to me...

Feel sorry for any new PIs who invested last couplE of days following all the positive new and PR PR hype fest.
This would look totally bemusing and could have scared the be jeezus out of them...

MMs believing none of it and just busy rinsing sp the last 2 days

TB and co have realised the power of social media and investors BBS to sound out Irresponsible and unethical behaviour.

What investors don’t want to see are directors acting like traders and selling huge stock loads on strong sentiment momentum. When the company has not announced any financial results or trade updates no any revenue and then decide to launch placing and warrants immdieately after spike citing all the AIM governce to legitimise it.

The fact that they mention the impact of Social Medea and investor BB boards to highlight such selfish, singleminded trader behaviour unbefitting of a director in public forum, will impact TB and PRs credibility and trust in how they are running their other companies. So part of the RNS was trying to temper this d damage has already been done on these BoD members. And them standing down was the best outcome, so not to tarnish reputation of RMS an further for existing and future shareholders
Financially, ,they have walked away from the company with millions from RMS, but they just got too greedy.

U can sen them an email to ask and get confirmation

*TB and PR

Main bit to know is to note that Resolution 1&3 require more than 50% of votes cast to pass its.

And 2&4 which are the special resolution on the warrant and the key one requires more than 75% ov votes cast

Last notification of DC shares in Nov he had 218m votes. Latest RNS on TB and GC note that they officially had at least 58m still in their name which some were being exercised. We don’t know how many more that have through other nominees accounts, other companies and ‘mates’.

So I GC just voted then he looks unlikely to be enough on his own to get the 75% to pass the special resolutions if we assume TB and PR decide to use their votes as well as the other 2 Placees benefitting

We probabky need may need another 100m -150m of PI votes to comfrotbalyvote these down Imo

Anyone know when H2 / full year results are announced?

An A - typical bear trap today

Let’s wait and see what see what news they release and when

But interview below With GC in Oct last year is about as clear a crystal ball you will get on road map of events and subsequent Order of news to expect

https://youtu.be/rtewviIlIUw

If machine is fully commissioned and green light given to commence production, lots of news on production capacity and confirmed pre sales order will follow and sp should quickly motor up to 4p.

If Machine can reach full capacity By end of March (up to 5m/ mth) I fully expect SP to reach 5-6p
Once Volz machine is commissioned end of Q1 and get is own CE mark, and pre sales from EU follow the sp should reach min 7p in April

Then if second machine is brought in to make the 4 ply version for general public, ( which I believe is part of their plan in spring early summer,) then I would be expecting 9-10p being possible latter part of year with increasing momentum of orders and strong PR and marketing.
this would equate to a mkt cap of £180- 200m Based. on potential projected annual sales revenues of between £60- 100m in UK and EU Which doesn’t sound unreasonable in current climate.

You just need to look at valuation of NCYT vs it’s Projected annual revenues and Your looking a valuation approx 2-3 times it’s Current annual sales. So this is what I’m using as a loose guide.

Hi guys,

I have a significant Holding in RMS with avg of 2.6 and also sold 20% on Friday @3.18 for some quick profit taking with a view to re-entry on news of machine commissioning and GM dates for warrant voting.

1509 - I had a similar view to yourself with regard to warrants causing a drag on SP.
But over last couple of weeks my view has changed on this, mainly because of the delay with calling this GM date.

Initially I didn’t understand the delay as RNS on 18 Dec stated it would be held early Jan. Then we have announcement of new BoD, so I though that was reason, but they have been in place a few weeks and still no news on GM date, which even if it gets announced Mon , wonts be until early Feb at eerliest as 2 weeks notice needs to be given.

This delay is strange given the imminent new of production and sales of mask.
So my theory now is the new BoD could be setting up their own share ownership schemes in the company, to allow them voting rights in time for GM and their share % along with GC could already enough to be above 25% needed to vote down the warrants and not rely on Retail investor votes at all. This will then totally eliminate any uncertainty of outcome to the market.

So it could be that the next RNS on GM date and warrant vote could feature detail of Alex and Antony new share ownership in th company and if this along with GC vote share is over 25% then the outcome of voting at GM becomes superficial and the outcome is made clear to the markets. The SP can then continue its surge upward on progressive news of production and sales over the coming days and without any drag from the GM. This for me would be a very smart move if this is what they are planning

IMO. One thing is for sure. All the RNS since Xmas, have all been carefully constructed in content and timing to give positive momentum to sp week on week to try and contain any euphoric sentiment and volatility on sp seen in Nov and I’m sure this will continue be the case which is Avery good thing for PIs.

Interesting that video explicitly states that this machine manufactures the 5ply version.
This is the surgical level version required for NHS, so presumAbly this will be their primary target for bulk of initial orders for this machine

I wonder if a second machine is then arriving to make 4ply version for general public

2 ways:

They are in partnership,with German manufaturer Volz Group to to support supply around the EU.
They will be ready by end of Q1
RNS from early this week
“Discussions are also continuing with Volz Group, which needs to conclude its own certification process, for it to manufacture both a surgical mask and FFP2 masks, although production is not expected to commence much before the end of the first quarter.“

RMS have £5m cash from placing in December. Enough to purchase more machines once demand starts picking up.

Lemu group alluded to this in their Instagram when they shipped first machine

There is an emerging trend. with these RNS.

Start with positive news on one side And ends with frustrating unforeseen delays the other.

And still no update on GM date and warrant votes...to add the frustration

John, thanks for reponding.

This is the intriguing thing. It’s no longer a mining company, that all got liquidated.. It’s had a name change and is currently a cash sell with a new board and investors who have rece who have a track record with acquisitions. And has just raised £2m from pacing.

RNS form 20 Jan worth a read, but to me it’s one of those speculative punts and if the right acquisition is made this would mutibag from here quite easily still. I judging this purely based on track record of player involved and those rumoured to become involved. I can’t pretend it’s based on fundamentals.

If SP can cool below 3p I’m gonna trust on instincts on this one

Thinking about taking a £10k punt on this one based on big players currently on board and Stil Loading today And speciation of others entering

Even with large sp jumps this week and sp at a 52wk high mcap is still only £3.4m so SP could still go anywhere from here Is my thinking depending on further news and developments

Any of you got this in on your radar?

Correct. Options normally have a qualifying period ., but there maybe a loop hole if you tender your resignation . This was probably part of investigation that had to be cleared up in this RNS

This investigation may go some way in explainIng the delay in confirming a GM date and voting on warrants

Lets just say the FCA have been making some ‘enquiries’ follow the unethical behaviour and actions of old BoD in Nov and Dec and subsequent shareholder revolt