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| Share Name | Share Symbol | Market | Stock Type |
|---|---|---|---|
| Versarien Plc | VRS | London | Ordinary Share |
| Price Change | Price Change % | Share Price | Last Trade
|
|
|---|---|---|---|---|
| 0.003 | 9.68% | 0.034 | 08:13:18 |
| Open Price | Low Price | High Price | Close Price | Previous Close |
|---|---|---|---|---|
| 0.03 | 0.03 | 0.034 | 0.031 |
| Industry Sector |
|---|
| INDUSTRIAL ENGINEERING |
| Top Posts |
|---|
Posted at 31/10/2024 18:49 by kemche PWhite73 - 10 Apr 2024 - 10:15:35 - 152097 of 153757 VRS The world lead in real Graphene (Nanene) - VRSThe banks wouldn't lend money to VRS direct. The conversation would go along the lines of. Bank - "Prompt why are you asking us to lend money to this basket case". Prompt - "Because we have worked with this company over the last 12 months and A,B,C has been put in place and our projections show by late 2025 the company will be profitable. Bank - "Ok given your record and expertise on these turnaround matters here is £5 million" |
Posted at 31/10/2024 11:57 by 1manchild More nonsense from you pwhite. absolute tripe in fact because when it comes to business you cannot just give it away.here is the story - no one wants to buy anything to do with vrs because they don't trust the management. it is why they did an insider deal between vrs korea - mck tech and graphene lab - the same people in the mix - to make it look like a sale - and now as they all haver that same love in that you have with our ceo - they will allow dribs and drabs of money shifting from each other to make it look like a proper sale. do your research and have a look at the companies involved and you will see the connections. and here is the truth - we need a new management in place for new networks and new ideas which I keep saying. vrs has exhausted everything when it comes to top table talks. they have nothing to offer but market and product failure - and a future where they are responsible for huge debts. im not having it that you can just brush this under the carpet. it is another major failure and in fact it has shown that the full truth of everything to do with the deal has not been told. |
Posted at 22/10/2024 16:16 by 1manchild PWhite - 'No, I haven’t changed my mind. MCK Tech or CVD has nothing to do with VRS now. That the CEO has been invited to give a lecture on "Commercialisation and Regulatory Pathways for Graphene Innovations" shows the quality of who is now at the helm of VRS.'That will be an interesting lecture if it is from real life experiences. It will go something like - Commercialisation - we haven't quite got there yet - and in fact we are not currently using graphene in our core business anyway Regulatory pathways - we are still awaiting cementene accreditation after all these years - and although armageddon may come first we live in hope Graphene innovations - we knocked out a cracking lunar lifestyle pod which I signed off and were for sale at £thousands - and we sold none Given the financial position of VRS it might be a good idea for the CEO use his team in Korea to deliver the messages - with him staying at home to save some money. it truly amazes me - it really does. PWhite -if our CEO was being paid as a key note speaker then there would be some validity in your thought process. He isn't though is he and it is a really small local event with only 3 companies in the graphene zone. Please wake up and smell the roses. |
Posted at 16/10/2024 16:24 by pwhite73 zydecoco - "How long would you say such an arrangement would need to be in place until VRS became profitable?"RNS 20/12/2023 - "The Company's current projections show an EBITDA positive position being reached in the second half of 2025, assuming the conversion of sufficient opportunities into revenue for the Company." This is only 9 months away. VRS are also involved in a lot of projects like the European Union Horizon Project. They were involved in the Airbus Helicopters (GICE project) which is now completed. The government is yet to standardise 3D Printing. VRS won a contract to provide valuable information to the government on this matter. RNS 28/03/2024 - "Post period end, in October 2023, Versarien won a public tender contract with the Office for Product Safety and Standards (OPSS), part of the UK government's Department for Business and Trade (DBT) to compile a comprehensive report involving stakeholder reviews to support the UK's regulation of 3DCP within the existing Construction Products Regulation (CPR). We have appointed a Head of 3D Construction Printing to continue to be at the forefront of cutting-edge 3D Construction Printing developments. We welcome the first international standard (ISO/ASTM 52939 Additive manufacturing for construction - Qualification principles - Structural and infrastructure elements), published in December 2023 that will enable us to implement more robust practices when designing, manufacturing and delivering 3DCP products." There is so much going on in the background that has not been commercialised yet. I can wholly understand why people would look at the share price and state the company is dead. VRS is not dead and neither is it going bust. |
Posted at 09/10/2024 16:43 by 1manchild PWhite73 - 'That this new Labour government knows anything about the history of VRS as to why it would want to change the management is the usual nonsense one would expect from 1manchild.'You might want to stop getting over excited and read this back and decipher it for us as I don't have a clue what you are on about here - so let's go to your other splurge and break down into the usual bite sized chunks you require: PWhite73 - 'The Innovate money was loaned under the previous Tory government. We know this Labour government is committed to Net Zero by recently closing down the UK's last coal power station.' You know your markets but really are a prized melon when it comes to the Government PWhite. Matt Bishop was canvassing at the time! He most likely did not have a clue about our hefty loan and the potential non-payment situation! In any case - it makes absolutely no difference whether Labour, the Tories, or the Lib Dems are in power! There is no fundamental change on fund allocation as it stands and it rarely changes radically anyway. And - let's say Matt Bishop does want to personally promote VRS in the corridors of power - which is exactly what he should be doing when the opportunity arises - along with promoting other businesses within his constituency - and let's say he goes to DBT and asks them if there is already a relationship and if they can help with opportunities - DBT will tell him exactly how bad it has gone with the current management and the potential non-payment of the loan, to which he will reply 'oh...... I didn't know this' - and then he jogs on. He will of course continue to say nice generic things about VRS as he has to but equally he has to be extremely careful in giving it the large in case it all folds in - leaving a big debt to the tax payer - and he does not want to then be accused of knowing all of this yet championing it. Do you think he is going to risk his political career for a company that might help deliver about the same percentage as the share price in net zero delivery for the UK? As I say - the Government will not grant any further funds to VRS with this current management in charge unless there is real evidence of revenue growth because they can't. In the self righteous and pitiful words of PWhite73 himself 'I hope this clears up the matter'. |
Posted at 09/10/2024 13:10 by pwhite73 1manchild - "What I am saying is the Government will not and cannot add any further funds into VRS with this management in charge "That this new Labour government knows anything about the history of VRS as to why it would want to change the management is the usual nonsense one would expect from 1manchild. See my comment above regarding the relationship between VRS and the government. |
Posted at 01/10/2024 19:51 by philbyk144 Not been on here for a while. Are VRS still manufacturing graphene or are they just providing consultancy to the graphene market? I thought the latter but not followed much lately so could be wrong. If that is the case how can their customers take advantage of the unique properties of VRS graphene if VRS are not manufacturing it? |
Posted at 28/9/2024 07:43 by willoicc With all the floods currently inundating countries all over the world, why are the 3D printing machines not being used to create flood barriers along rivers?'I would imagine they have disappointed the UK Gov greatly with a lack of delivery and that it will take a lot of repair work on the trust side of things to then become a lead partner on national projects' That is pretty rich considering that the UK Gov. closed down a huge potential opportunity for VRS i.e. China. (I admit I agree this was justified with appropriate compensation). They then threw them a few crumbs leaving VRS with a £5 million debt which is a millstone around the company's neck. This was money paid for research into products suitable for use with British armed forces but led to absolutely no follow-up orders. They could at least convert this debt into a prepayment for orders for future products. Also, it is not VRS's fault that it takes so long to obtain certification for the use of graphene as a construction additive. Of course, you can not build bridges with a new recipe until you can prove that they will not collapse years later but how is any graphene company supposed to surmount this problem? What happened to the work done on the A1? Surely, that has been in place long enough now for people to know whether it was a success or not, even if was not VRS that was involved. I write as an ex-shareholder. Sorry for rambling. |
Posted at 27/9/2024 17:02 by pwhite73 Phibyk144 - Again you have strayed off topic. Your original argument was that NR's pension was not at risk if VRS went bust because he was paying into a defined contribution scheme that is normally run by a Pension Provider hence no need for him to drop the employment trial.However in his case as I demonstrated below VRS was running its 'OWN' defined contribution pension scheme as he was the CEO. Therefore if the VRS went bust his pension would have been under threat. chrome-extension://e Report of the directors for the year ended 31 March 2013 Page 16/28 "Employee benefit costs - The Company operates a defined contribution pension scheme. Contributions payable to the Company’s pension scheme are charged to the Income Statement in the period to which they relate." For the last and final time I implore to you read the government website. |
Posted at 26/9/2024 16:34 by philbyk144 There is no way VRS had a defined benefit scheme and therefore no pension liability will fall on the company. Even if they did the PPF would pick up quite a bit of the liability when VRS finally goes bust. But there is almost certainly no link between VRS and NRs pension. |
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