Versarien Share Discussion Threads

[1teepee] 11/11/2019 09:41

I wonder who our representative is?

[luckyorange] 11/11/2019 09:40

They seem to be giving Versarien a lot of promotion out there ash... no idea why?

[ashehzi] 11/11/2019 09:36

So something was going on 6th November in China also in the presence of VRS representative.

[jointer13] 11/11/2019 09:33

slightly different take

Our city delegation participated in the second session of the Expo and launched the door-to-door investment activities.

2019-11-11 10:46 Source: 澎湃News·澎湃1495;·Media
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Hegang headlines

attention
This newspaper (Zhang Xuesong reporter Ji Wei) From 5th to 10th, the 2nd China International Import Expo was held in the National Convention and Exhibition Center (Shanghai). Deputy Secretary of the Municipal Party Committee, Mayor Wang Qiushi, and Vice Mayor Xie Diancai led the delegation of the city to participate in the series of activities such as the Heilongjiang Province (Shanghai) Industrial Cooperation and Exchange Conference held by the Expo and the provincial government, and carried out investment activities.

On the morning of the 4th, Wang Qiushi took the team to participate in the 2019 Heilongjiang Province (Shanghai) Industrial Cooperation and Exchange Symposium. The delegation of the city and the participating entrepreneurs had extensive exchanges. In the afternoon, Wang Qiushi led the team to the Oriental Hope Group, and in-depth negotiations with the chairman Liu Yongxing on accelerating the expansion of the pig breeding project. Subsequently, Wang Qiushi went to Shanghai Holographic Sanxian Muqiang Investment Co., Ltd., and both parties promoted and in-depth discussions on the use of enterprise platforms, home-based pensions, and integration of green food resources in the province.

On the morning of the 5th, Wang Qiushi took the team to Guanye Intelligent System (Shanghai) Co., Ltd. and Shanghai Mingcai Education Technology Co., Ltd., and the two sides negotiated on the intelligent manufacturing and integration of production and education. In the afternoon, Wang Qiushi participated in the Symposium on the contribution of entrepreneurs from Shanghai Hegang to entrepreneurship and support for the development of hometown.

On the morning of the 6th, Wang Qiushi and the authorized representative of the British VERSARIEN company, the city councillor Martin Weir, the chairman of the British Northeast Chamber of Commerce, Li Li, the CEO of the New Silk Route company in the United Kingdom, Ding Yang on the application of graphene technology, related technical issues, cooperation methods, etc. During the friendly talks, Wang Qiushi invited the British side to conduct a field trip to Hegang. Subsequently, Wang Qiushi also had a friendly negotiation with the Anhui Huayuan Pharmaceutical Group Co., Ltd. on the pharmaceutical marketing project. In the afternoon, Wang Qiu Shi led the delegation of the city to visit the exhibition hall of the Expo, and had extensive exchanges and discussions with the exhibitors, actively seeking cooperation opportunities.

On the morning of the 7th, Wang Qiushi attended the symposium with the leaders of Qiqihar, Shuangyashan and Harbin New Area to meet with the head of the foreign-invested enterprise, and discussed with the general manager of Bayer (China) Co., Ltd. Gu Wenyu about the hearing aid project.

During the Expo, all counties and districts of the city not only participated in the provincial and municipal regulations, but also made full use of the opportunity of foreign merchants gathered in the Expo to actively carry out investment activities. It is reported that the city has promoted 21 cooperation projects in this session and established a number of cooperation clues, laying a solid foundation for project construction next year.

[alchemy] 11/11/2019 09:29

I'm using all my maturity! It's measured in ounces. ( Needing every one )_. I've got a contract on a slow boat from China .You've not forgotten Chubbey Chequer and the Checkmates !! ?

[jointer13] 11/11/2019 09:29

slightly different take

Our city delegation participated in the second session of the Expo and launched the door-to-door investment activities.

2019-11-11 10:46 Source: 澎湃News·澎湃1495;·Media
Font size


Hegang headlines

attention
This newspaper (Zhang Xuesong reporter Ji Wei) From 5th to 10th, the 2nd China International Import Expo was held in the National Convention and Exhibition Center (Shanghai). Deputy Secretary of the Municipal Party Committee, Mayor Wang Qiushi, and Vice Mayor Xie Diancai led the delegation of the city to participate in the series of activities such as the Heilongjiang Province (Shanghai) Industrial Cooperation and Exchange Conference held by the Expo and the provincial government, and carried out investment activities.

On the morning of the 4th, Wang Qiushi took the team to participate in the 2019 Heilongjiang Province (Shanghai) Industrial Cooperation and Exchange Symposium. The delegation of the city and the participating entrepreneurs had extensive exchanges. In the afternoon, Wang Qiushi led the team to the Oriental Hope Group, and in-depth negotiations with the chairman Liu Yongxing on accelerating the expansion of the pig breeding project. Subsequently, Wang Qiushi went to Shanghai Holographic Sanxian Muqiang Investment Co., Ltd., and both parties promoted and in-depth discussions on the use of enterprise platforms, home-based pensions, and integration of green food resources in the province.

On the morning of the 5th, Wang Qiushi took the team to Guanye Intelligent System (Shanghai) Co., Ltd. and Shanghai Mingcai Education Technology Co., Ltd., and the two sides negotiated on the intelligent manufacturing and integration of production and education. In the afternoon, Wang Qiushi participated in the Symposium on the contribution of entrepreneurs from Shanghai Hegang to entrepreneurship and support for the development of hometown.

On the morning of the 6th, Wang Qiushi and the authorized representative of the British VERSARIEN company, the city councillor Martin Weir, the chairman of the British Northeast Chamber of Commerce, Li Li, the CEO of the New Silk Route company in the United Kingdom, Ding Yang on the application of graphene technology, related technical issues, cooperation methods, etc. During the friendly talks, Wang Qiushi invited the British side to conduct a field trip to Hegang. Subsequently, Wang Qiushi also had a friendly negotiation with the Anhui Huayuan Pharmaceutical Group Co., Ltd. on the pharmaceutical marketing project. In the afternoon, Wang Qiu Shi led the delegation of the city to visit the exhibition hall of the Expo, and had extensive exchanges and discussions with the exhibitors, actively seeking cooperation opportunities.

On the morning of the 7th, Wang Qiushi attended the symposium with the leaders of Qiqihar, Shuangyashan and Harbin New Area to meet with the head of the foreign-invested enterprise, and discussed with the general manager of Bayer (China) Co., Ltd. Gu Wenyu about the hearing aid project.

During the Expo, all counties and districts of the city not only participated in the provincial and municipal regulations, but also made full use of the opportunity of foreign merchants gathered in the Expo to actively carry out investment activities. It is reported that the city has promoted 21 cooperation projects in this session and established a number of cooperation clues, laying a solid foundation for project construction next year.

[jointer13] 11/11/2019 09:28

china bubbleing along nicely

Northeast Net Hegang November 11 (Zhang Xuesong reporter Ji Wei) From 5th to 10th, the 2nd China International Import Expo was held in the National Convention and Exhibition Center (Shanghai). Deputy Secretary of the Municipal Party Committee, Mayor Wang Qiushi, and Vice Mayor Xie Diancai led the delegation of the city to participate in the series of activities such as the Heilongjiang Province (Shanghai) Industrial Cooperation and Exchange Conference held by the Expo and the provincial government, and carried out investment activities.
On the morning of the 4th, Wang Qiushi took the team to participate in the 2019 Heilongjiang Province (Shanghai) Industrial Cooperation and Exchange Symposium. The delegation of the city and the participating entrepreneurs had extensive exchanges. In the afternoon, Wang Qiushi led the team to the Oriental Hope Group, and in-depth negotiations with the chairman Liu Yongxing on accelerating the expansion of the pig breeding project. Subsequently, Wang Qiushi went to Shanghai Holographic Sanxian Muqiang Investment Co., Ltd., and both parties promoted and in-depth discussions on the use of enterprise platforms, home-based pensions, and integration of green food resources in the province.
On the morning of the 5th, Wang Qiushi took the team to Guanye Intelligent System (Shanghai) Co., Ltd. and Shanghai Mingcai Education Technology Co., Ltd., and the two sides negotiated on the intelligent manufacturing and integration of production and education. In the afternoon, Wang Qiushi participated in the Symposium on the contribution of entrepreneurs from Shanghai Hegang to entrepreneurship and support for the development of hometown.

2 hours ago - On the morning of the 6th, Wang Qiushi and the authorized
representative of the British VERSARIEN company, Bath City Councillor Martin Weil, the British Northeast Chamber of Commerce President Li Li, the British New Silk Route CEO Ding Yang on the application of graphene technology, related technology

hegangnews.dbw.cn/system/2019/11

[davemac3] 11/11/2019 09:27

which are?

[schmally] 11/11/2019 09:20

Bill, So what questions did you ask Neill and what answers did he give you? You're all for seeking updates from others, so why not fill us in with regards to your supposed discussions with Neill. We're all ears.

[festario] 11/11/2019 09:17

... or put more kindly, they turned out to be incorrect.

[1teepee] 11/11/2019 09:09

Concentrating on the big 5

[1teepee] 11/11/2019 09:09

Cheers lucky Good morning read

[davemac3] 11/11/2019 09:04

just to take one of the collaborations: VivoBareFoot, almost 2 years since that was announced, how long does it take to test running shoes? I can see concrete or aero parts may need longer tests but running shoes? NR has said none of the collaborations have failed so what's going on?

[festario] 11/11/2019 09:02

Correct Bill, looking back, the answers I received were a little glib to say the least. They were intended to reassure me, however when I look back now especially to the Jinan ones, the content was obviously incorrect.

[wuzy] 11/11/2019 09:02

Again my only frustration is that l have no more funds at moment to top up totally calm and happy just waiting for it all to kick off.

[deeplane] 11/11/2019 09:01

A good reminder of where we are Like a box of coiled springs.

[billwave] 11/11/2019 08:59

"Thats harsh “pester” when we have a CEO who many times has said if you have any questions or concerns please email me..."

Try emailing Mr Ricketts direct with your questions and concerns, I know myself and many others have done. I know they did nothing to alleviate my own concerns but go ahead, try your luck.

[squire007] 11/11/2019 08:58

Lots of orders, just not telling you how big they are yet ;-)

[rainbow23] 11/11/2019 08:56

Anyone seen bigt. Looking like pennyland will be revisited today. Someone needs to post a photo of a dozen chinese and a Brit sitting at a table to get the rampers drooling again.

[luckyorange] 11/11/2019 08:48

Just bumping it up again Shavian lest we forget!

Shavians write up just as a reminder of the AGM (thanks again Shavian

Here's my version of events as I saw them. Please feel free to add or pick holes:

Versarien AGM Summary
1100 hours 24 September 2019
Gloucester Rugby Stadium

Official Business - 20 minutes
All resolutions duly voted and passed including Special Resolution No 6 which was to create an extra 15% of shares additional to the present total to give the board more negotiating flexibility. Curiously, 7% of the proxy votes opposed this; presumably this was an institutional holder seeking to oppose all possible dilution.

Q&A - 1 hour 40 mins
USA update? Our new man in USA is Brian Berney, a Brit well known to Neill Ricketts (NR) has been in post for 3 months and is quietly developing his contacts and those left him by the previous incumbent Patrick Abbott. Lots of enquiries via membership of National Graphene Association (NGA). November will be a busy month of trade shows. In a later question it was confirmed that the earlier order from an oil drilling company was very much ongoing with extensive testing of a VRS masterbatch. Also, in a reference to NED Iain Gray’s absence in Seattle someone asked was he visiting Boeing. This was met with sealed lips and a cheeky grin!

BIGT? No holdups with the BIGT agreement, the deal has just got significantly bigger than originally imagined with more Chinese agencies involved and therefore could not be concluded pre-AGM as had been originally hoped. There are no worries about the speed. BIGT is not a customer but an enabling agency who will set the tone in China on a National scale, fully backed by the Chinese government. NR said there are other graphene companies in China, but the Chinese have become aware of quality issues with many of them. BIGT is to be the enabling Tier 1 partner, a role similar to GEIC in the UK, with provinces such a Shandong [which includes the possible Jinan factory] are to be Tier 2 partners. NR would not be drawn on a completion date but it seems likely to be soon. Completion of the deal will provide access to much more capital which will make a significant difference to all aspects of company progress. MW added that this is our first overseas expansion and it’s vital to get it right.

Textiles? This is likely to be an early win, because the testing lead time is much less critical than in Automotive and Aerospace. The existing ink-based printing method is simpler but more costly because two processes are required in manufacture. The new infused graphene method just finished testing with Leeds University has been more complex to solve initially but is more promising because it cuts out one whole process and should prove to be cheaper. Customers could produce textiles using graphene from the current 3Ton type of machine set up locally in a container. VRS has the capability to meet current and anticipated orders in textiles. The Innovate UK grant has helped finance proof of scale-up [to 30 tons/year?] and kit will be bought in as orders materialise

AECOM? All seemingly progressing well, as noted in the RNS, with four projects in Middle East and China. Pace of progress in the hands of the HQ of AECOM not VRS where our team is pushing on as hard as it can. AECOM is a consultant not a manufacturer, although they have toyed with the latter role. VRS is the preferred provider for suitable solutions such as the latest development with graphene infused concrete [presumably with 3D printing]. In another question the concrete development was seen as environmentally positive because of the major reduction of CO2 in manufacture. Sustainability will play an increasing role in the future business direction.

Direction of Strategy in Marketing? Last year was all about building up collaborations, this year has been about penetrating international markets (China, USA, Korea, Japan) Next year will be all about promotion [and production]. Marketing group Pinnacle have made a new promotional video which will be on the website; the campaign will be to emphasise the quality of VRS’ graphene The company has just finished a period of scrutiny by HMGov to confirm validity of IP and its unique quality. All now done, so full sales and tech support now available including links to foreign governments. Dr Martin Kemp is away representing VRS at Graphene Week [in Strasbourg - Europe’;s leading graphene conference sponsored by the EU’s Graphene Flagship]

Relationship with UoM/GEIC? Lots of politics swirling around Manchester, and the University is a shareholder so cannot be seen to prefer VRS over competitors [which explains a lot of critical comment on the ADVFN thread]. However, NR has a great relationship with James Baker. Lots of approaches from other Unis all over the world.


“Finance? The financial position is very adequate for the immediate future. CFO Chris Leigh has been very mean with the money, holding cashflow down to £65,000/month, but as the Company gears up for production this is rising to £150-£175,000/month. Revenue is coming in from test orders of graphene, and the more traditional subsidiaries (AAC Cyroma, Total Carbide and Versarien Technologies Ltd) are contributing positively.�

[My non-AGM note: Total Carbide has relocated to the Westcott Venture Park, now home to UK’s ‘space industries clusterâ€͐2;, which announced later this week that TC was co-operating in the design of rocket motor throat nozzles incorporating Hexotene]

Snippets:
• Tyres not one of the 5 areas of focus because tyre manufacturers are not incentivised for long tyre life – this may change as competition takes hold. VRS has 3 orders from 2 tyre manufacturers, with test dispersions under way
• Batteries are also not among the 5 areas of focus, because of the long lead time in development. However Gnanomat is going well, more as a research company in supercapacitors [which may be the next big thing with EVs]
• The packaging company collaboration has taken more time than anticipated because the scope is now much bigger, having moved downstream into different divisions of the group
• Team Sky was bought by Ineos following a ‘little local medical difficulty’ - progress now resuming but VRS is already in contact with Ineos in other areas.
• Hexotene being made in Cheltenham using the earlier production kit. Not a prime focus, being developed in the background
• AAC business picked up well following a dull period. Management culture is adapting to the world of graphene and polygrene applications. One senses that this has taken a while to achieve
• MW spoke about Korea and Japan, where he has been several times this year. Our local consultant in S Korea is engaging with several major manufacturers and supply chain companies. Japan is a slower market and graphene is not so well understood. NR shut him up on a point concerning provincial governments in Japan
• New NED Susan Bowen introduced herself saying she had a very clear strategy of keeping the CEO on the right lines and making sure he knows which of his 3 hats he’s wearing at any given moment!
• VRS always on the lookout for expansion possibilities including M&A, looking further up the supply chain. The team is pushing business on every possible front. The company is succeeding by not trying to do the same as everybody else.
• The share price is irrelevant to NR most of the time, highly dependent on newsflow. There is not much of a ‘free float’ of shares so NR is on the hunt for the right strategic investors, who ‘get it’.

[hattie1] 11/11/2019 08:45

Thats harsh “pester” when we have a CEO who many times has said if you have any questions or concerns please email me...

[billwave] 11/11/2019 08:43

And anyone not enjoying the now multiple posts from users declaring other than uber positivity for NR and VRS must at least acknowledge they are mostly interjections of fact, before responding with belligerence.

[pshevlin] 11/11/2019 08:39

Perhaps we should all start pestering Neill directly about that Ade?

[billwave] 11/11/2019 08:36

Good morning, any status updates over the weekend for any of the numerous collaborations etc that are pinned in the header? After all they have been glorified there for what must be getting on for two years. Still no Aecom update? Still no BIGT update? Incidentally, if BIGT does come, I do hope that finalising a deal with the Chinese equivalent of the GEIC does more for the share price than the GEIC itself has. Is everyone content to convince theirselves that there is still nothing by way of revenue materialising here because everything is still getting bigger? How long can that pretence be comfortably maintained by LTH's watching their capital dribble away? Current share price still lower than January 2018 despite the thousands of exited tweets, exuberant interviews and big promises.