BREAKING: Versarien – inadequate revenue disclosures, breach of IFRS 8 & cash nightmare
Let’s start with a positive. Versarien (VRS) now separates its revenues and losses between graphene and non-graphene business as we have long suggested it should do. This avoids the need for Shareprophets to undertake an annual visit to Companies House to perform the analysis to reveal the low ongoing graphene sales and the scale of the losses that are being racked up in this business.
- By Tom Winnifrith, the Sheriff of AIM
- 2021-12-06 15:02:15