Now approaching a month ago when the shares closed at above 2.5p, it was clear that Versarien (VRS) required a bailout placing and we launched a prize sweepstake to name the placing price and, as a tie breaker, the price the day before the placing – with the prize 500ml of Tom’s Greek Hovel olive oil. Versarien duly obliged earlier this week at a massively discounted (natch) to the prior closing 2.0625p share price, 1.25p. And the winner is...
This is so simple that even the most moronic or Bulletin Board morons or spiv, Scouse, penny share grifter, share promoters should get it: companies do not set out to raise £531,624 (gross) in a deeply discounted placing. They go for a round number. A company running on vapours raising a non round number and way below what it had the authorities to raise is a sign that only forward sellers and flippers were interested. I refer to Versarien (VRS). Its latest placing is a disaster.
We all know that Versarien (VRS) will be running on vapours by June so its only hope is a bailout placing. Soundings must already be underway. As I prepare to bring 5 litres of Greek Hovel olive oil back to Wales you can win 500 ml by winning this contest
The tweet below is the latest pathetic attempt to ramp shares in Versarien (VRS) so that it can get away one last placing before June and avoid insolvency. In pushing the fantasy that the company will soon be awash with grant money David Burton of Total Market Solutions fails to mention a number of critical points.
With time on his hands, many have wondered what Neill Ricketts, the founder and former CEO of Versarien (VRS) will do next. I can exclusively reveal that at a meeting of Tewkesbury & Gloucester Conservatives this morning, Mr Ricketts has been selected as the Parliamentary candidate in what is one of the Party’s safest seats.
Oh dear, oh dear, as the disgraced share tipster "old mother" Mike Walters used to say when one of his many disastrous share tips collapsed. Versarien (VRS) is just the sort of blue sky company churning out lies and issuing new shares whenever it could that would have attracted Walters, like shit attracts flies. That even Walters did not tip Versarien tells you something. Today we have an AGM in Cheltenham and the statement from chair Diane Savory has just been released. It is dire. Everything is for sale, it is cash crisis ahoy!