Versarien Share Discussion Threads

[supernumerary] 07/6/2024 15:21

So your definition of 'action' includes 'insightful talk'? lol

[pwhite73] 07/6/2024 15:00

fuji99 - "A know how"

Yes and below is an example of the 'know how' in action.



"Earlier this week, Versarien® plc CEO Stephen Hodge delivered an insightful talk at Surfex Ltd 2024 in Coventry. We are excited about the future of functional paints, composites and coatings and the role Graphinks™ will play!"

[fuji99] 07/6/2024 14:57

To understand if there is any company at all one has to ask these questions:
1/ If they have licenced anything how many licenses do they have and how much re-occuring income they get ?
2/ Why are they selling anything they can sell ?
3/ If there is any R & D, from where are they working and what exactly are they testing ?
4/ Which companies are testing and licencing their "new products" - I have noticed they haven't "tested" aything for a while.
5/ Do they have a list of places where they previously sent their powder ? If yes, Do they have any result ? If not do they imply all is rubbish ?
So outside the gymnastics of raising a few £k's on a regular basis and tweeting to the zombies to lengthen the depth of their sleep, what kind of business is this ?

[fuji99] 07/6/2024 14:40

"Completed a know-how and manufacturing licence agreement with Montana Quimica LTDA, a Brazilian multinational focussed on the production of paints and wood finishing products" - A "know how" - NR deception style written all over it. Is there anything to know ? Is there anything to learn ? I cannot believe they still dare saying such things.

[fuji99] 07/6/2024 14:37

While discussing hot air, people will realise what's really hapenning when the share price will be divided by 1000. Checking out the rubbish they call "results" is enuogh to understand.

[pwhite73] 07/6/2024 14:12

supernumb - "how could they get a secured creditor?"

They have two secured creditors. The UK government and Santander. These are the secured creditors I was referring to.

[supernumerary] 07/6/2024 13:51

Don't be daft - how could they get a secured creditor? Everything, including the ip (for what little that's worth) is already in hock to the UK government.

You still haven't learnt the first rule of hole-digging - when in one, stop.

[pwhite73] 07/6/2024 13:25

Festario - "You’re losing all your money here"

smokeyjohnson - "I have a letter of commitment here from a PWhite saying he'll get off ADVFN if the next placing is below the last one."

Yes that is my letter of commitment to this thread. As per Festario's post you can only lose all your money here if the company is facilitating the MM, spreadbet firms, shorters and AT trading spivs if they are supplying them with ever lower placing shares. If VRS is in that game even for its own survival then it is over for the shareholders.

The next placing must be above 0.125p. The only exception I might be prepared to make is if they raise lower to satisfy a secured creditor. They would not do that if they had the slightest concern the company might go bust. You would only settle with a secured creditor if they were threatening to bankrupt you but you would certainly not settle with them if you knew you were going bankrupt anyway.

[exter] 07/6/2024 12:32

Pete,

Shall we list all your failed investments ?

[smokeyjohnson] 07/6/2024 12:15

I have a letter of commitment here from a PWhite saying he'll get off ADVFN if the next placing is below the last one. It's not signed but I guess that's OK.

[festario] 07/6/2024 12:03

You're losing all your money here

[pwhite73] 07/6/2024 11:59

FFS look up the case Novus Aviation Limited v. Alubaf Arab International Bank BSC (c) [2016] EWHC 1575.

No two parties ever enter into a letter of commitment purely on a conditional basis after this test case law. The letter of commitment does not even have to be signed so long as both parties have an intent to commit to the agreement.

[smokeyjohnson] 07/6/2024 11:44

PWhite's evidence material so far off the mark

[supernumerary] 07/6/2024 11:30

Well that's how it works when you're recruiting in Canada I suppose. But how does that translate to a UK charitable organisation? Answer, it doesn't. PW getting desperate.

[pwhite73] 07/6/2024 10:59

"What is a letter of commitment?

A letter of commitment is an official contract between a company and an individual stating that the company plans to hire the individual on certain terms. For example, suppose a marketing agency plans to work with an important client in the future. On the terms that the client begins work with the agency, they may need to hire a graphic designer to do all of their design work. To outline these terms and make the agreement official, the agency sends the designer a letter of commitment. When both parties agree to the letter's terms, they sign the document, which legally binds both parties to the contract."

RNS 06/06/2024 - "Entered into a mutual letter of commitment to support Building for Humanity to provide 3D concrete printed materials for social housing in Accrington"

[jambojambo] 07/6/2024 10:22

"Furthermore a letter of commitment is a legally binding document."

Furtherfurthermore, they are not:



"In general, commitment letters operate on the basis that certain ongoing or future conditions will later be met. In other words, the terms are conditional. "


But will he stop? Like F he will!

[supernumerary] 06/6/2024 23:08

Ref the letter:

In one place they say 'Entered into a mutual letter of commitment' and in another they say 'signed a letter of mutual commitment'. In fact, you don't 'enter into' a letter, and signing one does not normally constitute a legally binding document. If it was a contract they'd say so, but it's not, it's a letter. Get over it.

Ref the materials:

This is what they said in the Operational Highlights: 'Entered into a mutual letter of commitment to support Building for Humanity to provide 3D concrete printed materials for social housing in Accrington'. Pound to a penny that's Versarien providing support to BfH who are providing materials for social housing. If VRS was providing graphene (in any form) why on earth would they not say so? Do you really think Hodge is that stupid?

In the later para '3D construction printing developments' the reference to materials has been removed - in fact, there is absolutely nothing there to suggest that VRS is providing materials. If you think there is, please point it out.

I do hope that no-one is taking anything you write here seriously.

[pwhite73] 06/6/2024 22:25

supernumerary - "A careful reading of the RNS leads me to suspect that what they're actually providing isn't graphene, or admix, or anything concrete ;¬) but 'support' ie advice and guidance."

The term they used in the RNS was - 'materials' not support, advice or guidance. Furthermore a letter of commitment is a legally binding document.

RNS 06/06/2024 - "Entered into a mutual letter of commitment to support Building for Humanity to provide 3D concrete printed materials for social housing in Accrington"

[supernumerary] 06/6/2024 20:08

lag - impossible to say, but given the total absence of graphene or cementene etc on any website relating to this project, the likelihood is not.

A careful reading of the RNS leads me to suspect that what they're actually providing isn't graphene, or admix, or anything concrete ;¬) but 'support' ie advice and guidance. Remember they're now operating a 'manufacturing light' model.

[snaffleclamp] 06/6/2024 19:53

laginaneil
There is no Cementene in these products. Otherwise they would be shouting from the rooftops about all its benefits to the mortar.