Coms: I do not like being lied to & this company appears unduly incompetent: SELL

I was sitting at Real Man Pizza at noon yesterday awaiting my guest, Dave Breith of Coms (COMS). At 12.30 I tried calling to see where he was. His PA called me to say he was off sick and apologising for his second last minute let down in 3 weeks – I do want to meet the guy. As we now know Breith was not sick. That was a lie born out of apparent monumental incompetence at his firm.

I am still happy to meet Breith but he now had hard questions to answer if the Sheriff of AIM is to be convinced. I told folks not to buy at 6.125p HERE 28 days ago. I said that at 4p I might have a nibble. The shares are now 4.8p but I withdraw that advice – until Breith can counter a number of red flags I would not buy at all. But before we get to the red flags let’s deal with the lie.

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