Versarien Share Discussion Threads

[squire007] 02/10/2024 23:26

Pmsl, does anyone on here know about true graphene flakes by quality volume or dispersibility :-0. VRS was never going to make bulk graphene. Why would anyone except the user. ;-). Clue there as to what the issues are .. :-)) only 4yrs to go ...lol

[grabster] 02/10/2024 23:12

The manufacture of graphene and various other 2D -enes - as opposed to the manufacture of products containing graphene (and other -enes) presumably will be part of Versarien's activity. Or will they cease even those and merely sell guidance on how others should do it? At present the imagery on VRS website pages and videos implies that potted quantities on shelves are part of the plan and will continue to be sold, as prepped ingredients.

The processes so far involved in producing graphene from graphite (by whichever means) are applicable to the production of 2D -enes from thirty, forty, fifty or more other common materials. Graphene is merely the first generation of many 2D materials to come. (Which is why it is good that the company avoided giving themselves a name that tied them to graphene, like some rivals did)

[zydecoco] 02/10/2024 22:19

I think today we've established and agree that VRS now almost certainly does not and will not manufacture any significant volume in the UK.So, if they have been pivoting to licensing / royalty payments as a strategy, how much revenue have they gained from that route?

[ronnyg1] 02/10/2024 18:17

So Apple outsource their manufacturing! A bit of stretch to say VRS are doing similar. For years this was ramped on the back of the quality of the VRS graphene compared to the market. That like the share price has vanished as an argument.

[supernumerary] 02/10/2024 12:43

pw - as I said, all Korean, and national variants on them. And how many of them remain after the Korean giveaway? They're worthless - not surprising Hodge wants out.

[grabster] 02/10/2024 12:21

Kemorkid - he is very visible on x/twitter as nanosteve1 with plenty of Versarien info there

x.com/Nanosteve1

[bbmsionlypostafter mk2] 02/10/2024 12:17

Tick-Tock.

Might as well be £50M or £50B for all the chance VRS has of ever paying this back. I don't believe it can even pay the £31K monthly interest.




Innovate UK has continued to monitor the progress of the G-SCALE project during the drawdown and development stage, which has been completed despite the macro-economic challenges the Company has faced. In recognition of the potential benefits of Versarien's graphene technology, IUK offered to vary the terms of the Loan by deferring commencement of the capital repayments by one year, to be paid in ten equal quarterly repayments, commencing in August 2025. A deed of variation to the Loan has been signed by the Company accepting the offer. Interest will continue to be charged at a rate of 7.4% per annum, of which, 50% of the payments will be deferred until February 2025. The deferred interest will be paid in equal instalments when the capital repayments commence.

[pwhite73] 02/10/2024 12:15

I hope this helps.



Versarien Patents – Insights & Stats (Updated 2023) December 4, 2023

"Versarien has a total of 136 patents globally, out of which 121 have been granted. Of these 136 patents, more than 92% patents are active. Korea (South) is where Versarien has filed the maximum number of patents, followed by United States of America and China. Parallelly, Korea (South) seems to be the main focused R&D centre and also United Kingdom is the origin country of Versarien."

How many patents does Versarien have?

"Versarien has a total of 136 patents globally. These patents belong to 83 unique patent families. Out of 136 patents, 126 patents are active."

[supernumerary] 02/10/2024 11:54

lol. Guaranteed the patents are just 1) country variants on a few base patents, and 2) Korean in origin. VRS have next to nothing of their own. Easy to search the patent databases for those who think otherwise.

Good to see AACC has belatedly gone, even if on dreadful terms. Buyer's probably an employee who can see how to make a few changes that will return it to profitability and pay off the acquisition price. Or maybe there's some financial engineering - do they own the freehold on their property?

Still no sign of an offer for TC, though, which should be a viable business, properly run.

zydecoco's clearly right - a consultancy business is all Hodges can run, and even that he'll find harder than he thinks. How will it raise enough to pay off the debts?

[pwhite73] 02/10/2024 11:37

Philbyk144 - "the money is in the manufacturing."

No the money is not necessarily in the manufacturing. It depends on the product and licensing royalties. If you're going to manufacture wellington boots that's where you'll make the money not on the IP. If you hold the IP to mobile phones you won't necessarily want to get involved in manufacturing.



"Apple Inc. manufactures most of its products in China through partners like Foxconn. As of 2021, Apple uses components from 43 countries. The majority of assembling is done by Taiwanese original design manufacturer firms Foxconn, Pegatron, Wistron and Compal Electronics with factories mostly located inside China, but also Brazil, and India."

Versarien owns 130 patents if the website can be believed so going down the IP route on a nascent industry like graphene may be more commercially viable that building whole factories to manufacture graphene products.



"Versarien holds more than 130 patents covering areas including the manufacture and use of graphene and related materials (GRMs) in diverse applications. "

[bbmsionlypostafter mk2] 02/10/2024 11:29

According to it is

[e-mail]

If you get through to him could you pls. ask him if Prompt are still working for VRS & how much have they been paid in total so far & also, if still retained, how much are they paid per month/week?

TIA, GL

[philbyk144] 02/10/2024 11:21

So as I thought it is a consultancy and royalties company. Clearly as we were told all the way through this disaster the money is in the manufacturing. This really should be taken private and delisted.

[kemorkid] 02/10/2024 09:50

Has anybody s hodges email and I’ll ask him

[zydecoco] 02/10/2024 09:00

I am also wondering how many UK employees VRS have.Any ideas here?

[grabster] 02/10/2024 08:44

I'm not clear what is the distinction between Graphinks and Gnanoinks. Is it just two marketing names for the same stuff? (Just a way of qualifying for European grants?) or different stuff?

And is that reduction to 22 employees (from 96) just the UK operation or the combined UK/Spain?

Gnanomat corporate video

(emphasis then was on energy storage technologies)

[bluemango] 02/10/2024 08:26

About as odd as a boxer in the ring taking a punch and saying 'ouch, that hurt - I'm anguished!" Rather than just taking it, and calmly looking for a recovery.

Anyway, I'm bored with this argument now, as I expect most reading this stuff would be.

[the cronk] 02/10/2024 08:19

blue,

I don't want anyone to be "anguished", and I sincerely hope you aren't. I would like to think that people only invested what they could afford to lose, but often that's not the case, particularly where people are only posting on one stock.

The issue is simply that none of the promoters or rampers of this stock have ever issued even a mild criticism of the company despite the share price virtually being wiped out.

Some, if invested, must have lost virtually all their investment, yet not one word of criticism!!!

Very odd don't you think?

[pwhite73] 02/10/2024 08:18

grapster - Yes I agree about Gnanomat. I was referring to only the UK operations.

[grabster] 02/10/2024 07:57

PW - The Spanish subsidiary Gnanomat, which Versarien more-or-less fully own, (and intends hanging onto unless forced to sell?) does manufacture stuff (I think). "Gnanomat manufactures and supplies .." (website description) "Gnanomat is preparing the launch of the first three products in the field of printed electronics:

Spray-coating formulation
Roll-to-roll formulation
Screen Printing formulation
This product portfolio will continue expanding in the coming months .."

"Gnanomat is set to launch a new portfolio of conductive inks for printed electronics under the recently registered new Trademarc GnanoInk"

I take that to mean they will be increasing manufacture rather than backing away from. (Unless it means production will be farmed out not in-house)

But
"Your nanotech partner of choice:

To design and optimize specific products that address the customer plans and are fully viable in industrial applications. Gnanomat signs agreements to bring new products from pre-industrial to industrial scale.
To develop and customize ad-hoc materials to bring new products to pre-industrial scale. Gnanomat signs agreements to bring new products from the lab to pre-industrial scale."

I guess that phrasing means assisting others to produce, rather than producing at industrial scale themselves. Laboratory rather than factory. But producing shop-shelf ingredients for sale.

[pwhite73] 02/10/2024 07:46

That is my interpretation of what they mean given events in the restructuring plan.

They have just sold AAC and are in the process of selling Total Carbide these are two manufacturing companies. VRS are not about to start manufacturing again themselves purchasing/hiring plant, raw materials, machinery and taking on more workers.

The CEO said when AAC and Total are sold they will be down to 22 employees from the an initial 96.

Making money from selling know-how for example training, licensing out their IP and collecting royalties is the road they have taken to achieve profitability.

[zydecoco] 02/10/2024 07:30

PW "meaning they will manufacture for sample purposes only." is that your interpretation, or the company's?Where do you get that interpretation from?

[pwhite73] 02/10/2024 06:58

Philbyk144 - Versarien have repeatedly stated they will be a light-manufacturer meaning they will manufacture for sample purposes only. It is the larger third party that will manufacture on an industrial scale where Versarien will collect royalties.

RNS 31/03/24 Stephen Hodge, Chief Executive Officer of Versarien, commented: "The re-focussing of the business to its core graphene technology combined with a manufacturing-light approach is beginning to bear fruit financially with losses continuing to fall."

The company done a placing on 24/07/24 for the following reason.

RNS 24/07/24 - "The securing of an in-house concrete and mortar testing capability is viewed by the Directors as essential for supporting the Company's ongoing CementeneTM admixture developments, and helping the Company towards securing BS934 accreditation. The Directors believe that bringing this testing capability in-house will provide the Company with greater flexibility and cost-savings."

[zydecoco] 02/10/2024 06:49

I'll try and reconstruct that:How much Cementene do they supply per year? And,Do they manufacture their own Graphene to go in it, or buy it in?Are you saying their machinery got sold to Korea? The "go to gym" part I am struggling with?