Versarien Share Discussion Threads

[markyboy5] 22/12/2019 13:18

Just reading the China press

Shenzhen in Guangdong province inked 128 new projects worth 560 billion yuan ($80 billion) on Wednesday as part of its ongoing efforts to unlock high-quality and sustainable growth potential in the city.

Dozens of companies, including Siemens AG, Fosun International Ltd, China Gas Group, ByteDance Co Ltd and Xiaomi Group, signed agreements with the district governments in the city during an investment promotion conference for setting up global headquarters, manufacturing bases, data centers and research and development laboratories.

More such deals are expected in the next few days as city officials announced at the meeting that they would offer 36 land plots spread over 30 square kilometers for outstanding global enterprises. Most of the projects that have been inked meet with city's goals of developing sectors such as 5G communication, advanced manufacturing, biomedicine, artificial intelligence, ocean industries and financial services.

They don’t muck around

[1teepee] 22/12/2019 13:09

Hi shorter scum

[superg1] 22/12/2019 12:55

The naysayers are so far behind what is actually going on that I know they haven't the slightest clue what they are on about.

Bulls on some shares have absolutely no idea what is going on behind the scenes on their share, reason for delays other things not announced etc etc.

I'm not telling them, it just becomes a slanging match and a lazy demand for info they can't be bothered to look up themselves. Lines in news say it all to match other things found or learned from the network, you often have to piece the bits of the jigsaw together.

It's an advantage, but if everyone knows it's no longer and advantage.

I've watched some where buying kicks in followed by FOMO, followed by "there must be a news leak", but when you check back though the posts many announce buying which collectively add up to the action that day where the chat is about, must be a leak, who is buying.

It's comical, people don't read posts, they don't soak it up, they ask the same question when the answer has been explained 10 times, they don't read. FOMO behaviour is brilliant for traders, they react with the herd no idea what is going on but they don't want to miss out. The game when it's comes to selling.

The pump and dump crew work on that as do the lying scumbags on the shorts.

There is always a percentage of PIs to work on who are over-geared, fearful, just the general panic buy, panic sell type.

[superg1] 22/12/2019 12:51

AD63

Very odd comment.

If NR needs cash and has shares to sell then good on him as he has worked so bloody hard.

The trouble is with share deals buy or sell for CEOs is the window to do that (closed periods) can be quite small with growing companies.

Take the guy that founded the AGM method, little spoke of but he doomed his shares sharpish ion the rise, he wasn't a director etc. It didn't look viable and now finally after all the shouting and bragging it looks like the cat is out of the bag as they move to specialise in dispersion not production.

Haydale

Same trick Ray was on the rocks knew he would be going, knew the company was in terrible trouble so sold his shares. With he and the other founder left.
What have the FCA done about it, fk all.


BIDS

Draper mugged the investors all year long re the revenue, he knew it wasn't coming no where near and cashed in £300k worth with another, knowing the share price was going to get smashed.

What will the FCA do, Fk all no doubt. Then up pops some other foggy news that could mean no revenue but it helps for the fund raise that must be in play now or shortly.


There is a long long list of AIM companies form the past that do this, including FUM who are still doing rinse and repeat while the CEO collects his £250k plus per year.

[rheumking] 22/12/2019 12:42

Scutable The only comment of yours I would take issue is is the fact that log Has the remotest interest in the truth - His agenda is to post a relentless amount of negative information To cast doubt on the character of Neill and the prospects of the company so you will never get him to take a balanced view.He and his ilk have never explained why they are posting relentlessly on a board they hold no shares in and constantly dodge that question
If they had the honesty to state their interest and what they actually are I would have a lot more respect for them.
I think those of us who have been invested here for a while are aware of the potential negatives and the Missed deadlines which I look upon as the natural course of events for a company in their position trying to introduce a new technology by liaising with big companies and foreign governments who have a very different agenda to VRS.However I put a lot of weight on the opinion of those Who give a balanced view rather than a relentless diet of slander and innuendo.

[loglorry1] 22/12/2019 12:08

AD31 Neill has sold share outwith his options grant I believe. Sure he's given some excuses like "It was for charity". I believe the size of the charitable donation as a proportion of the shares sold was never disclosed and to date it has not even happened.

It's tempting to think that his share sales are not a material amount of what he owns which is of course true. However let's not forget he paid around £10K for his so called "founder shares". The story of making a sacrifice building a business in a garage makes for good PR but if you look at the admission document and timing it tells a different story. He spent very little time between his job and drawing a Versarien salary. None of the IP relating to work in the "garage" is a material part of the business now and in particular all the Graphene IP was purchased after IPO. At IPO the raise supported the acquisition of the legacy business which was to be used to grow sales in VersarenCU a copper heat sink material. This was a failure and was later withdrawn.

Looking at return on the £10K invested and given the progress in sales to date his share sales represent a tremendous return on investment.

I have no problem with true entrepreneurs cashing out their founder shares. However this should take place AFTER the business has been proved via material sales not BEFORE.

[loglorry1] 22/12/2019 12:01

No actually what happened was that he released the BIGT news and promoted it heavily via paid media PR channels like Justin Waite on Vox markets. The share price rose and he then sold stock into that rise and subsequent liquidity.



Released 7am on 15th April.

On the same day after market close Neill Ricketts CEO annouced the sale of 307,970 at 136.1p that same day e.g on 15th April AFTER the BIGT announcement.



He later made non RNS statements about how the deal was likely to take place by the AGM in September. It didn't. It still hasn't. The narrative has now been shifted away from BIGT with glib statements like "It's because the deal has got even bigger.

The Chinese who are apparently desperate for VRS Graphene due to it's high quality have supposedly been interested for what must be nearly 2 years. So far nothing substantial re investment or sales has happened on that front at all.

Zip. Nada, Nout.

[tim3416] 22/12/2019 11:31

Also conveniently ignored by some seeking to discredit Neill was the fact he sold some of his shares prior to news which subsequently pushed the share price up if I recall

[ad631] 22/12/2019 10:50

I have always taken NR's options as a bonus payment for the sacrifices he's made with his personal life - never to be revisited time with family etc. So good luck to him. If, however, NR sold any of his ''actual' shares now at this stage of our journey (22/12/2019) I would be highly concerned. I am not concerned about the fiscal past - its done with.

[bigjohnsmam] 22/12/2019 10:45

What an absolute cretin you are.

[ad631] 22/12/2019 10:31

'but the simple fact is the higher the share price when you exercise those options, the more money you make' - easy to forget the also simple fact you also pay more money in tax.

[1teepee] 22/12/2019 09:35

No doubt about that

[club sandwich] 22/12/2019 09:14

1teepee - they might have been options which expired, but the simple fact is the higher the share price when you exercise those options, the more money you make.

[1teepee] 21/12/2019 23:50

Wuuuuzzzaaap!

[wuzy] 21/12/2019 22:30

Why are you here? !!! Total and utter tripe.

[1teepee] 21/12/2019 21:52

Is dreamteat about?

[1teepee] 21/12/2019 21:51

They have been holding for slightly longer and neils sale was options which expired

[loglorry1] 21/12/2019 21:33

Yes Club Neill has been a repeated seller of his shares at various prices. I think he's sold 400K worth or so. There's always a good excuse. Chemistry Lab donation - still pending, new house, actually part of his salary bla bla bla.

He's also hinted that he'd like to buy shares but other than the £10K he put in pre-IPO he's not bought any as far as I'm aware.

The last sale was into a rise created after he got investors very excited about BIGT injecting cash into Versarien. Does anyone have any idea why he's gone so quiet on this now?

[loglorry1] 21/12/2019 21:23

@SCRUTABLE VRS has no or negligible Graphene turnover. The legacy business is breakeven at best. It's sales are falling and they are sacking people. Even you aren't going to argue that its worth much.

Ignoring the legacy business then (which even Neill isn't interested in much) by your own anaysis we'd both have to agree there isn't much difference between those 247 businesses and VRS except for a huge amount of hope that VRS will be able to scale up graphene production and sell large amounts of it at a decent gross margin. None of these things it has even come close to achieving despite telling us constantly it is about to happen for years.

Oh btw the legacy business wasn't built up from years of hard work in a garage either. Neill raised cash from investors to buy it with the promise of re-engergising it with a wonder material VersarienCu which he later dropped cos nobody wanted to buy it.

[club sandwich] 21/12/2019 21:09

And then of course there's that old classic; I'll be disappointed if we don't have orders in six months. When was that, somewhere around the middle of 2018? Ricketts says that the delay is because the deals keep getting bigger. Fine: so when deals *do* eventually arrive they'd better not just be worth a few lousy hundred k or low single figure millions. I for one am expecting deals worth tens or hundreds of millions (in the case of concrete, say). It sure is a funny coincidence that two of the people who have been most assiduous at talking up VRS - Wood and Ricketts - both have new houses, while those who bought into the last fundraise at 145p have been under water ever since. Strange, that.