Versarien Share Discussion Threads

[scullyp1] 25/10/2017 19:57

How long ago was it that NR said there would be news in the 'weeks and months ahead'?

[superg1] 25/10/2017 19:07

No No down voters I can assure you it's not BAE.

DYOR

[superg1] 25/10/2017 19:03

OT but it sums up some PIs.

Not too long back IEH in a trading update said things were poor and looking like shares are worthless. They actually stated that.

Cash left and burn rate meant lights out anytime now.

That didn't stop some nutty PIs buying for the bounce and hyping it.

News today confirms what they said before with an instant 87% drop in the share price

Some PIs are beyond barmy.

[superg1] 25/10/2017 18:03

Serratia just to save the speculation no not them.

[serratia] 25/10/2017 18:02

BAe are at Samlesbury near Preston.

[theklf] 25/10/2017 17:40

Graphene Innovation Summit

October 28th - 30th

The First Commercially focused Graphene event in the USA


hxxps://www.nationalgrapheneassociation.com/speakers/

[supernumerary] 25/10/2017 17:20

Here we have sg responding to posts he pretends he can't read. As always, it's a nasty personal attack rather than an attempt to address the facts, which is simply beyond him, and he knows it. Hence the farce with the filter button.

So let's clarify it shall we?

SG says:
'SN at some point said he had done no research on VRS and had no real interest. So obviously just a disruptive liar at times.'

I say he's a liar, I never wrote that, and he can't find anywhere I did.

SG says:
'I try to confirm a things before a posts and provide reference points to back it up. However with the likes of SN they just make things up with no concern if it's misleading or not.'

I say he's a liar, rarely posts his links, and in this case in particular has just made something up to fit his agenda.

If I'm wrong, let him do what he claims. But we'll all wait a long time for that, won't we?

[luckyorange] 25/10/2017 17:14

Neill Ricketts‏
@neillricketts
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Another day, another big global oem technical centre, staggering array of applications for #graphene #tired #ceolife
9:06 AM - 25 Oct 2017 from Preston, England

[rogerbridge] 25/10/2017 16:18

I will be pleased when we can talk about something concrete when neil gives an update.
Too much drivel on the thread at the moment. People are either in or out and I am fed up of the carping. All intelligent comment welcomed, positive or negative, but if you are not invested post somewhere else.

[ridicule] 25/10/2017 14:40

Can we start talking about what VRS are doing today and not what happened in 2014/15. SN has managed to capture the thread yet again with non-contributary drivel.

[vasilis] 25/10/2017 14:03

SG - I take your point re using the filter button and I know you've posted a great deal over the years. Remember like you I was in FUM up until you pointed out - correctly as it transpired IMV - what was going on in India. Saved most of my profit.

grabster - gold star for summing up in one line the essence of the argument. * (Gold)

[grabster] 25/10/2017 13:23

I agree with the consensus response to the jv history. As the saying goes - "The man who never failed at anything, probably never did anything."

[superg1] 25/10/2017 13:11

From twitter

Nice to see other funding options available other than certain loan shark fund managers.

Handy too of you happened to bother to turn up to the workshop event. You wouldn't want innovate thinking you only now show your face when money gets mentioned.

Event 6th November

Introducing Innovation Loans
Innovate UK is holding a series of events around the UK to introduce a new pilot programme for innovation loans.
Innovation loans will offer affordable, patient, flexible funding for later-stage research & development projects with a clear route to commercial success. Loans will be offered, through future competitions to be announced, to growth-oriented SMEs that are able to demonstrate that they have a high quality innovation project, that they will be able to afford the interest payments and subsequent repayments associated with a loan and that they need public sector support as they are unable to access finance for their project on standard commercial terms.

[phoenixs] 25/10/2017 13:07

Supernumerary, digging old hats out of the ground (at least the jv was ended before costs escalated and at an early stage) and preparing himself for the coming weeks and months when IMO there will be rns's made re the progress that VRS are making across the board in respect not only of Graphene but also the companies under the Versarien umbrella.
As mentioned before if one does like the company and what they are doing then a great opportunity to buy into the developing graphene industry, if one doesn't like the company then maybe invest somewhere else if one wants to invest in the graphene industry. There are a number of companies out there but I am staying with this one and time will tell.

[superg1] 25/10/2017 13:01

Why have the Pcs come up?

Simple answer to that one I asked long ago.

All about disruption and how wheels turn.

[superg1] 25/10/2017 12:59

Vas

I post quite a bit (No St Sherlock) and have done so for about 8 years.

In that time I engage all until such point I realise they are just disruptive for the sake of it with any answer being twisted.

Then come spurious comments and eventually they just make thinks up (aka lies) to try and engage posters.

SN at some point said he had done no research on VRS and had no real interest. So obviously just a disruptive liar at times.

I try to confirm a things before a posts and provide reference points to back it up. However with the likes of SN they just make things up with no concern if it's misleading or not.

Obviously we all come to out conclusions at diffrent points which can be influenced by absolutely knowing or not whether claims are true.

I'm used to it and no probing will get information out of me which would compromise anything for the sake up one upmanship

Nowadays the term is "whatever" in reply.

Have a chat with the CEOs whenever you cross paths with them. Many read the threads and they will soon tell you who the lying toerags are on sites like this.

I won't get dragged into silly one-upmanship games by folk making (at times) false and misleading posts.

[vasilis] 25/10/2017 12:39

Supernumerary

It was you - not me - who dug up a very short-lived JV with Dimar back in 2014/15. Of course that must have been started in good faith otherwise why bother with it in the first place? As I said, I don't know what happened from November 2014 up to September 2015 but obviously things didn't pan out as expected. It happens all the time when risks are taken in business. It's the flip side to success as you very well know.

As regards your statement 'In fact, I very much doubt they got away with as little as £20K' and 'Now Vass tells us that what this means is £20K', then please show us all here what other verified accounted costs were involved in the JV. Remember, we are talking about a legal entity here in the form of a company and its directors have legal responsibilities as you well know. Are you saying that the directors of the JV deliberately misinformed the authorities and investors as to the actual veracity of the P&L over those 10 months of the life of the JV? What do you know that makes you 'very much doubt'? It has to be based on actual evidence - not just any old made up accusations. So what is your evidence in black and white that more than £20k was involved? Either you know - or you don't. Which is it?

I agree by the way re the PCs. Perhaps a case of engineering wishful thinking over market reality..... No doubt done with the best of intentions but.....I'll leave it where it belongs - in the past.

Yes, things have been tried by VRS and failures have been encountered. But lessons have also been learned by those who have taken the risk of failing. In many ways I'm glad that VRS have fallen flat on their faces in the past since that gives them the right kind of experience in my view to handle what is undoubtedly the best business opportunity they are EVER likely to encounter in the form of graphene.

Therefore what you have pointed out as failures could well turn out to be valuable lessons for the future - as has happened time and again with many businesses past and present. If you think otherwise then no doubt you will not put any money into VRS and its management and staff and take your 'football' elsewhere to play.

[supernumerary] 25/10/2017 11:46

lucky - I wasn't going to bother any more, but seeing as sg called me a liar again although 1) he's never provided any evidence of that and 2) he claims, lying in his teeth, that he can't read my posts. Apparently I'm 'never unfiltered' - what an idiot! He still hasn't worked out that everyone knows the only reason I'm never unfiltered is because I was never filtered in the first place.

You will have noted that his response is yet another man, not ball ad hominem attack...

Vass at least tried to do better, although it seems to me his post supports mine rather than refuting it, for which I thank him. This is what Ricketts said:

' "This joint venture has provided the Group with a fantastic opportunity to combine several of our key technologies with those of Dimar, for the fast growing composites industry.
"Given the breadth of Versarien, we will be able to draw upon our significant expertise in graphene, tungsten carbide incorporating VersarienCu from an InnovateUK grant and this coupled with Dimar's extensive customer base and experience in the market, creates a robust platform for the launch of DV Composites. It also provides the Group with an excellent entry point into the Israeli composite industry through our close collaboration with Dimar." '

Note the words, 'fantastic opportunity', 'excellent entry point into ... industry', 'close collaboration'. Now Vass tells us that what this means is £20K, no effort, and the Israelis walking within a few months. That may be true, but if so, it doesn't say much either for Ricketts' management, or for what he says to his partners and shareholders, does it?

In fact, I very much doubt they got away with as little as £20K. I would guess that a lot of the cost was absorbed by TC, since that's the area that DVC fits into. Take a look at their website - - and you can see that at one time they tried to take it seriously. As they should have done - Dimar isn't a fly-by-night little company, but a serious global player - exactly the sort of outfit vrs should be doing deals with. Yet, just a few months later, they've quit.

But of course Ricketts has form in talk without delivery, right from the beginning. Anybody remember the deal to manufacture and sell the PCs? Couldn't sell copper foam so decided the way forward was to manufacture PCs to put it in. The height of absurdity, but this is what NR had to say at the time:

' "The release of the VersarienPC range represents an exciting new phase in the Company's progression," states Neill Ricketts, CEO and Founder of Versarien plc. "With these products we can show the effectiveness of our pioneering thermal management technology and its ability to boost performance while simultaneously extending operational lifespan. This means we can provide the market with computers that are more powerful, longer lasting and less noisy, and at their core rely on home-grown British engineering expertise."

Then a few days later:

' Neill Ricketts, Chief Executive Officer of Versarien plc, added: "This agreement with Compare the Game marks a fantastic opportunity for Versarien; following months of testing and collaboration to bring this very exciting product to market. Versarien is committed in its mission to utilise VersarienCu to enable greater efficiency amongst cooling systems across a variety of hardware that is found in high performance workstations." '

Another product, another agreement, another 'fantastic opportunity', and the result - never stocked by Compare the Game, never sold, and quietly dropped as a product without so far as anyone can tell ever having sold a single VersarienPC.

[serratia] 25/10/2017 11:43

Graphene tattoo.

[vasilis] 25/10/2017 11:41

Mike - I've clarified my post to avoid any possible confusion of Supernumerary with 'SG'

SG - Personally I always think it best to 'tackle' an argument rather than the 'player' and thus give to other readers of the BB another point of view of the facts or argument. I prefer argument to 'black-balling' or 'red-carding'- and the fact that a number of fellow VRS investors seem to have enjoyed my repost to Supernumerary's judging by the number of 'green thumbs' means that at least they have had the opportunity to be shown Supernumerary's post 8421 in a wider context by another fellow poster. Just my preference of course and I respect you may wish to carry on filtering.

[spike_1] 25/10/2017 10:32

Vacilis: I too have supernumerary filtered, so when you make a comment relating to 'super' it is - for my tiny brain - rather confusing given that we also have 'superg1'.

Best wishes - Mike