The next focusIR Investor Webinar takes places on 14th May with guest speakers from Blue Whale Growth Fund, Taseko Mines, Kavango Resources and CQS Natural Resources fund. Please register here.
Its just funny that it was filed today. My feeling is that he had to. Part of the discussion yesterday probably. Expect a new BOD shortly....
Someone will be soon I feel.
Official confirmation. So he wont ever hold again as a major shareholder.
seems that way. No longer to be a person with significant control
https://find-and-update.company-information.service.gov.uk/company/09109008/filing-history
Seems that Alex is taking the lead.
Conversation probably went something like...
BOD: Ok, you have us over a barrel
ALEX: Yep
BOD: What can we do?
ALEX: Make me a board member
BOD: Nagghhh, can't do that
ALEX: Bye then
BOD: Ok ok, you win
ALEX: Thanks a lot, gotta go crimbo shopping now
BOD: No no wait we have something else
ALEX:
BOD: Alex, are you there?
ALEX:
BOD: Damn it.........
The saga continues
I am disappointed that despite constructive discussions with RMS's advisers yesterday, that appeared to be leading to a sensible compromise for the benefit of shareholders, the Board of RMS has chosen to ride roughshod over shareholders' concerns.
From Gareths persepective who ever he was talking to had made sense to him. My feeling is that another board member had a different idea and was not part of that discussion and took this action after those talks overriding that discussiom. So basically the BOD have c r a p p e d over Gareth this morning leaving him with no option but to try and remove the board. This confirms that the BOD can not be trusted and need to be removed. You can't give with one hand and take with another. That is exactly what has happend.
Threatening the actual share holders is the lowest of the low. Angering the investors is not a good thing to do. The BOD have now backed themselves into a corner after that disgraceful RNS this morning.
Total disgrace.
Moreover, if they try to punish Gareth with some idiotic suspension that some people are talking about then RMS is finished. Because I will take my 50% loss and stick in a company that has values.
I think the BOD are screwed. Nasty buggers they are
of tweets been deleted. Oh dear....
Gareth complained to the BOD behind closed doors before he took his action. They ignored him. Hence his action. They did not expect him to do that. Now they are thinking what to do next....
Watch part 2 of this entralling drama tomorrow at 8am.
Was expecting the boards to be ablaze full of good news and that BOD's had fooked off. Oh well....
It's all over. Simple as that. But he won't..
link please
for SP Angel and Peterhouse Capital. Damaging for them.
Good work indeed. I think you are the one that reached out to Jonathon.
Based on what is happening here. Once PI's find out that AR,TB etc have invested in a company in the future they will be out or won't invest.
It's quite unprecedented whats going on here. I don't know how this will pan out but we could see history being made here. What Gareth has done is amazing and good on him. Pi's turned like a shot to support him and his team who are working hard behind the scenes.
Threatening to walk away is a master stroke because if he does RMS is nothing. Only P2F are holding this company up and I am sure that good things will come out of this. Is it the case that this could be a turning point on how AIM business is conducted. Could we be seeing a PI movement not just for people invested here but for all AIM companies in general in the future.
I think so...
Keep the faith, support Gareth and his team and lets get these (a) wipes off the board. Or at least get new BOD's who can monitor what these people are doing day in day out. Not all AIM companies are run like RMS.
He does do crazy things you know if he is bored.
Hey, Elon. Fancy buying Remote Monitored Systems who own http://Pharm2farm.org The only company in the world who has developed a covid killing face mask? BOD's have screwed Pi's and them over big time. We need a new skipper and your the one who can do it.
Crazy I know but you never know.
bit of a s h i t show at moment. Time will tell.
Has had his dreams caved in (pardon the pun) Now he has shot a bullet across the bows. He cares for the shareholders. I hope a takeover is in the pipeline here.