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

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