Disclosure: I have no positions in any stocks mentioned, and no plans to initiate any positions within the next 72 hours. I wrote this article myself, and it expresses my own opinions. I am not receiving compensation for it (other than from ShareProphets). I have no business relationship with any company whose stock is mentioned in this article.
Shares in Versarien (VRS) now linger at just over 10p. Just over four years ago they were 182p. Some folks have lost 94% of their money. Many more who believed the promises of jam tomorrow and the outright deceit of boss Neill Ricketts, a man who himself is the largest shareholder having invested a paltry £4,000 for his shares. He has taken out millions in salary, bonuses ( for what FFS?) and by dumping shares as he urged others to buy. So who does Neill Ricketts say is the real victim here? Guess...
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