EXPOSED Versarien – Graphene sales remain tiny and the cash position is getting critical

Now that Versarien (VRS) has finally published its annual report, I have had a look and drawn out a few highlights.   As the subsidiary accounts are not yet filed at Companies House it is not yet possible to perform the detailed analysis of the results to show how exactly how little the Graphene sales were as I did for last year’s results showing that sales were just £26,000.  However, I show below an indicative analysis by analysing the elements that Versarien does disclose and it makes for grim reading for the deluded followers of Neill Ricketts. 

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