articles

No Turkish Delight from Versarien but a desperate deception to ramp the shares ahead of bailout placing

Tom Winnifrith Thursday 19 November 2020

 

Share this

Versarien (VRS) is not generating any meaningful revenues from graphene. At a PLC level it is almost out of cash & its debt facilities are almost maxxed out. And so notwithstanding the fact that it already has a Lanstead death spiral in place, it needs to get a placing ahoy. Hence a release today which is almost certainly materially misleading if not a slam dunk lie.

Read the full article
About Tom Winnifrith
Bio
Tom Winnifrith is the editor of TomWinnifrith.com. When he is not harvesting olives in Greece, he is (planning to) raise goats in Wales.
Twitter
@TomWinnifrith
Email
[email protected]
Read next

Is Tory Minister Robert Jenrick MP the most deluded man in Britain?

Tomorrow, Burtons, Top Shop, Evans and Miss Selfridge will go into administration. Debenhams is on the brink. There will be many more retail casualties. No retailer is doing well. But Tory twit Robert Jenrick MP tweets a different message below. Words fail me.

Sunday 29 November 2020
TomWinnifrith.com Copyright © . All rights reserved.
Created by Everywhen