RMS Systems Inc RMSSF

PLACEMENT

[beenburntb4]

Pretty obvious this is now a PHX company.  ($3M placement).  RMS wont be able to compete with Pason in domestic market but the value to PHX is in the INTL market where MWD companies are required to supply their own depth tracking.  By having an entire EDR PHX can rent the system to operators vs free depth tracking for gamma and RES

[GBC]

What do you expect. You fire the 3 founders of the company....albeit, the most recent being the backstabber who deserved it, and you expect the company to succeed????? What were these guys thinking....they could take the reins and ride out the momentum? Its a company full of lazy mexicans and ex Petron employees........you're right...Phoenix wants the EDR, but the fat that comes with it is as

[livindadream]

Hall said at the AGM that everyone is saying get a digger and we'll use you. Theyve been developing the digger for 3 1/2 years now...and it's still not done yet!!!,,,,the complete EDR with reporting only took them 3 years. Who the hell is in charge of this project???!!!....fire them and start over, they are as useless as teets on a bull...!!