Versarien Share Discussion Threads

[kemche] 14/3/2024 08:51

RNS is usually issued for material events. In VRS's case £25k IS material.

Tells you everything you need to know.

Add that to the PODS, wax, pellicles, size 7s, bonnets, sidings, arches, jeggings etc and you have a thriving business.

But first the fundraising. Of course.

[fuji99] 14/3/2024 08:50

Suddenly, before closing shop, the "deals" at 25k each come out of their hat as rabbits... Even if true, what can 25k change to the empty house of dead dogs and deception ?

[fuji99] 14/3/2024 08:47

Suddenly there is an "agreement" for 25k out of the hat as a rabbit. These "deals" are probably kept to help zombies in their deep sleep for the "rainy days" of course as time is running out. I never take seriously any "RNS" or "news" coming from that house of dead dogs and deception.

[amaretto1] 14/3/2024 08:32

This is the pump Pwhite at the forefront on the other thread

[1retirement] 14/3/2024 08:32

People don't seem to see history repeating itself. Self mugging just around the corner

[1retirement] 14/3/2024 08:31

Being loyal and patient has served you well through the last fel years lol

[bbmsionlypostafter mk2] 14/3/2024 08:29

When's the placing?

I'm guessing right around the same time as the results.

[soilderboy] 14/3/2024 08:28

The company will be BUST before it gets a penny, and they know it. Unless another placing gives it another lifeline long enough to get a dribble of the agreement.

[66sequoia] 14/3/2024 08:25

A good start, Montana are also in Columbia and Uruguay. Their vision and I quote " to become one of the top 100 paint manufacturing companies in the world"

[fireball xl5] 14/3/2024 08:19

There's life in this. Confidence in taking out 5 year licensing terms. The old cadaver is positively wriggling.

[fhasson] 14/3/2024 08:19

It's a start - need a deal a week though to turn this round

[amaretto1] 14/3/2024 08:16

Now the forward placing DUMP !!

[chillpill] 14/3/2024 08:06

A sign of them coming out of the morgue?

[wheeze] 14/3/2024 08:04

Topped up. This licensing model is definitely the way forward. A few more of these and this market cap will look a steal.

[senden11] 14/3/2024 07:59

Absolutely - another very good sign for the company, so well done all those who have been very loyal and patient!

[pwhite73] 14/3/2024 07:54

The size of the deal is unimportant at this stage. What is of paramount importance is a new user of their IP. £25,000 is nothing but when you have a 100 customers with no manufacturing costs that is £2.5 million per year going straight to the bottom line.

This is the turnaround strategy and traction I have given guidance on for the last year that is now beginning to bear fruit. More licenced deals will be announced in due course.

[pwhite73] 14/3/2024 07:53

The size of the deal is unimportant at this stage. What is of paramount importance is a new user of their IP. £25,000 is nothing but when you have a 100 customers with no manufacturing costs that is to £2.5 million per year going straight to the bottom line.

This is the turnaround strategy and traction I have given guidance on for the last year that is now beginning to bear fruit. More licenced deals will be announced in due course.

[fireball xl5] 14/3/2024 07:35

Licensing bones + 5% royalties on sales.few more of these and licensing revenues will be growing and ots incremental over the years. 14 March 2024Versarien Plc("Versarien", the "Company" or the "Group")South American Graphinks™ AgreementsVersarien Plc (AIM: VRS), the advanced materials engineering group, announces that the Company has, in line with its stated strategy to monetise intellectual property through licensing, entered into a manufacturing licence agreement and a know-how licence and technical assistance agreement (together the "Agreements") with Montana Química LTDA ("Montana").  Montana is a Brazilian headquartered multinational business focused on the production and sale of paints, wood preservatives and other wood finishing products including stains and varnishes.  The Agreements cover the use of certain of the Company's proprietary graphene and related material dispersions and formulations (Graphinks™) in products to be manufactured and sold by Montana in South America, together with Versarien providing further additional know-how, technical assistance and training to Montana.Further Details on the AgreementsUnder the terms of the Agreements, Versarien has granted a licence to Montana (the "Licence"), for an initial period of five years, to use certain intellectual property and know-how owned by the Company in their business in South America.  Montana will pay Versarien initial fees of £50,000 in March 2024 in consideration of the know-how and technical assistance, including training, to be provided. Once Montana commences manufacturing under the Agreement, a further payment of £25,000 will be due to the Company, together with an amount equal to 5% of the total sales revenue earned from products manufactured using Versarien's intellectual property and know-how ("Royalty"), subject to minimum Royalty payments of £25,000 per annum.Dr Stephen Hodge, CEO of Versarien, commented: "The Agreements with Montana are in line with Versarien's strategy to be a manufacturing-light business in the UK and licence our patents, know-how and other intellectual property to key partners.  We are very pleased to be partnering with Montana, a leading business in its markets in South America, and look forward to collaborating closely with them as they bring products enhanced by Versarien's technology to the market."Andreas von Salis, CEO of Montana, commented: "The Agreements with Versarien give Montana the opportunity to capitalise on the growing markets for graphene in Brazil with the intention to utilise graphene in application areas such as paints, coatings and lubricants."For further information please contact: