RE: #rms27 Nov 2020 06:16
What bit don’t you get........
Alliance News) - Remote Monitored Systems PLC on Thursday said its subsidiary Pharm 2 Farm Ltd is expected to begin commercial production of its anti-viral face mask line in January.
The data collection and surveying firm said Pharm 2 Farm was told on Wednesday by manufacturers that production machinery for the masks will undergo final acceptance next month in Spain.
"It will then be shipped, installed and commissioned at P2F's Biocity premises in Nottingham. Commercial production and shipment of product is now expected to begin in January 2021," Remote said.
Right here - Commercial production and shipment of product to begin in January 2021. Talk about stating the bloody obvious, they have commercial orders. Why else state that shipment will be January if it was an uncertainty. I think they are already making these masks prior to the new machines arriving. Shipment equals orders to me, anyone disagree? I’m extremely comfortable with this, I know what I’m reading here and it’s all very clear. I bought at 1.60p this morning and put an upper sell at 2p to get a quick profit, not something I usually do and as such I’m going to cancel it now.
Back in November 11, shortly after promising news of interim trial results from Pfizer Inc and BioNTech SE's Covid-19 vaccine candidate, Remote said its unit was looking to bring the mask to market "as soon as possible". It also added positive news on the vaccine does not lessen demand for the viricidal mask product.