Results: VDTK

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NEWSFLOW

Verditek (#VDTK) – 2021 loss of £1m on revenue of £0.1m, £1.52m equity raise at 1.5p per share

2022-06-30 07:59:59

NEWSFLOW

Verditek (#VDTK) – “exclusive supplier” announcement, no financials (natch)

2022-06-27 07:55:16

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Verditek – statement needed ASAP: is it bust already?

Solar panel producer (if not seller), Verditek (VDTK), has eight days to release its annual results. Given revenues will be the square route of fuck all, there is no excuse for delay. But we all know the reason, and that is why the shares are sliding again today, as they did yesterday.

By Tom Winnifrith, the Sheriff of AIM
2022-06-21 14:24:48

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Verditek statement needed asap – the Fat Lady is gargling, is she not?

Each January, AIM-listed Verditek (VDTK) - chaired by Tory toff, Lord David Willetts - would issue a trading statement, covering the calendar year. It was never anything to write home about, as, despite announcing huge orders ahead of a discounted placing, none would turn into actual er….orders. So, this was typically a January confessional. But in 2022, there was no trading statement.

By Tom Winnifrith, the Sheriff of AIM
2022-05-19 10:31:36

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EXPOSE: Verditek – a deceptively bad disposal booking a profit which will actually be a loss & even after the sale it is still insolvent!

The good news is that the £308,000 received from the sale of shares in ICSI will postpone insolvency by a few weeks. The bad news is that – unless there is a bailout placing – the company will still run out of cash well before Easter. In fact before half term. Now the morons reckon this deal will allow Verditek (VDTK) to book a profit. Well... er... sort of but not really. And even with this sale Verditek is still insolvent, or near as damn it.

By Tom Winnifrith, the Sheriff of AIM
2022-02-03 14:01:47

NEWSFLOW

Verditek (#VDTK) – sells stake in ICSI as scrambles for cash... though initial just £0.308m

2022-02-03 07:58:53

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Verditek – desperate last ditch spoof as the money runs out, does nobody check prior RNS statements?

This is so desperate it is almost pathetic. Instead of serving up its traditional January end of year lack of sales, mounting losses, lies about contracts exposed and perilous cash position statement, Verditek (VDTK) has a spoof RNS which is a joke. What investors need to know is the cash position and how the company is going to raise more money to keep the lights on. So to the spoof. It is almost worthy of Neill Ricketts. Apparently solar panels might be even better if they contained graphene.

By Tom Winnifrith
2022-01-26 10:49:27

NEWSFLOW

Verditek (#VDTK) – attempted ramptastic “Joint Development Project Update”

2022-01-26 07:58:09

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Crowd For Angels squirms to cut exposure to Verditek as insolvency looms – Verditek loses 42p on the trade

Oh dear, this looks like it is going to end in tears for Richard “Gollum” Gill and his colleagues at low grade crowdfunding outfit Crowd For Angels. The problem is that Verditek (VDTK) has still to announce any meaningful orders since its interims and thus is, as we speak, almost insolvent. And that would expose a black hole in Crowd’s own woeful balance sheet. The facts…