RE: New Value7 May 2021 00:25
Until the financial results are published for year ending I withhold judgment, it all hinges on whats left in the pot due to the new inexperienced bod, imoho you can't be excused for the incompetence in bringing the world's first affordable covid killing mask to market within a vital period of 7 months and failing to sell it in mass (which we all expected) You can't be excused for purchasing a machine for £100s of thousands of pounds that after 6 months still doesn't work to anywhere near capacity ( which we all expected) you can't be excused for bringing members to the board with little to no experience in bringing the mask or any other product we may have to market ( which we all expected) Finally I believe that the future prospects depend on the outcome of this part of the last rns as I believe this will come first.
With the future direction and strategy for P2F now much clearer, the Company is commencing the search for a new Chief Executive Officer.
In the meantime, the immediate focus is on continuing to grow the mask sales and completing the development of a couple of new products in P2F, alongside finalising the consolidated accounts for the RMS Group, which the Company plans to issue around the end of May ahead of holding an AGM around the end of June.