Another cache of emails have been delivered to Winnileaks regarding the activities of the ex copper who uses private chatrooms where folks discuss having me killed, Mr Graham Wood. As we know from previous articles, Wood is a close confidante of the loathsome Neill Ricketts, of stock-market promotion Versarien (VRS) infamy.

On Tuesday evening we reached the £20,000 target for my fundraiser to defend myself against the charges of defamation brought by Neill Ricketts of Versarien (VRS). My heartfelt thanks to all ShareProphets readers and subscribers who have pledged money or expressed their goodwill and support. It has helped sustain me through a difficult and stressful time.

It is my penultimate Sunday in Greece and I consider the idiot Mark Drakeford and special hurdles I face in returning to Wales. I have spent the afternoon poisoning frigana in the snake fields. Photos tomorrow but I discuss that. Then I ask listeners to do a final chip in to raise another £495 to see loathsome pig Neill Ricketts sweating in court. Please donate HERE. Finally, I ask you to send 2 emails to aimregulation@Lseg.com tonight. One on Central Copper Resources and why the IPO must be stopped and one on why sleazy Tim Yeo must be sacked at Powerhouse Energy (PHE).

First up, thanks for all the tenners for Ian Westbrook. We still have two days to hit the £20,000 make loathsome Neill Ricketts sweat target and are now on £14,694. We are still talking to two potentially generous donors so please do keep the tenners flowing HERE to stop the Versarien (VRS) penny share huckster winning by default. Then onto lying on AIM and also covering up bad news with late releases. I look at Supply@ME Capital (SYME), Verditek (VDTK), Powerhouse Energy (PHE), Cellular Goods (CBX), Escape Hunt (ESC) and, of course, the fraud Zoetic (ZOE). The stench of chumocracy corruption is rife in the City as liars go unpunished. It is most depressing.

I have redacted the details of the poor man who Neill Ricketts claims has libelled him but below is the fascist lawyers letter sent on behalf of the loathsome Versarien (VRS) boss. I wonder who is paying the esteemed firm of Hugh Paddison of Cheltenham? When it comes to libel lawyers, writing as someone who has faced down Schillings and beaten Memery Crystal thrice, these clowns are not exactly new European Super League, more Vauxhall Conference.

Following on from Part 1 my analysis of the Metal and Hard Wear division, I now take a look at the Graphene and Plastics products segment of Versarien (VRS). This is the sexy bit used by loathsome Neill Ricketts and his moronic followers to justify a market cap of £88 million, at 47p. As we saw earlier, the rest of the business cannot be worth much over £3 million!.

As someone who occasionally shorts companies, particularly on AIM, my goal is to find companies which are total  frauds and so their shares ultimately prove worthless and I get 100% profit. However, I also like to short what I term "stock promotions", where management and/or shareholders have used various methods to get the stock to levels which are impossible to justify. On AIM, a stock promotion can take companies which are essentially worthless to a value of several hundred million pounds, depending on the story being spun.

AIM Regulation has now acknowledged my complaints about the secret chatroom inhabited by Versarien (VRS) boss Neill Ricketts and his disciples where Neill told them what to post on Bulletin Boards and where the disciples discussed how to get around insider dealing rules and how to attack me. The complete radio silence from Ricketts since then suggests that investigations are very much ongoing. In that vein I have another matter to raise with the regulators, that of possible investor deception. My letter just sent is below.

On Wednesday Versarien (VRS) held a 'Transport Infrastructure Technology Preview Event' for 12 'randomly' chosen investors.  The whole episode stinks and the hapless Nomad, Bobbie Hilliam of Quindell infamy, now at Canaccord, should be forced to issue a statement

Last week I revealed that the man who was to take Versarien (VRS) forward in the USA, Patrick Abbott faced two new charges of fraud which could see him going to jail for 20 years and that his lawyer had quit. Abbott, a man whose skills will be "invaluable" to Versarien according to boss Neil Ricketts, responded on twitter saying this was fake news from TW. Oh dear. The indictments are below, Patrick you are a liar.

Oh dear, oh Dear. You may remember how on March 21, Versarien (VRS) announced with great fanfate that it had appointed Patrick Abbott to spearhead its US expansion. Lucian Miers then pointed out that Mr Abbott faced a few legal problems. And so on April 4 Versarien stated:

In today's podcast I take a brief look at the local elections then cover Conman Windham's Valiant disaster, V22, run by the wonderful Tara Cranswick, Intu (INTU), Management Resource Solutions (MRS) and Versarien (VRS). There is a missing cat update from the Welsh hovel and then a stark message to the 80% of listeners who are being mean. Cough up HERE.

Lucian Miers and I are the targets of a takented shareholder in Versarien (VRS). Okay the guy is a moron but his cartoons are good. The hero of each picture is piss taking Neil Ricketts.  The villains are we bears.

In September 2018, Versarien (VRS) raised £5.3 million at 145p.  Ramptastic CEO Neill Ricketts stated that he wanted to take part, to buy shares at 145p but could not do so as he was sitting on inside information. Yesterday, having exercised options at 29p, he flogged 307,970 shares at 136.1p netting him a cool £340,000. But that is not the thing that, perhaps, really stinks.

It has taken taken two weeks since Versarien (VRS) announced the appointment of Patrick Abbott as Vice President North American Operations, for his ongoing criminal case to be disclosed, despite it being widely publicized here and elsewhere. Presumably this has been dragged out of the company by some grown up at NOMAD Canaccord.

Since I last wrote about Versarien (VRS) in November last year the stock had fallen around 20% until yesterday when it ripped 20p on news that it had completed the US-based Graphene Council’s “Verified graphene producer” programme. This gives it a market cap of £187 million. That is a lot of hope value for an enterprise that seems to do little more than announce vague MOUs with various named, and more often unnamed, entities...

It has been pointed out to me recently that an article I wrote last month on Versarien (VRS) has been the subject of some debate on twitter. My offending sentence was:

Clearly, the topic that brought loads of people into ShareProphets this week was  Patisserie Holdings (CAKE). It makes you wonder why this alleged fraud captures the interest of the mainstream media but the Globos and Folly Follies and Quindells do not. Is a high street presence what stops a scandal from being reported or not?

As you know, since Versarien (VRS) supplies the Israeli Defence Forces and thus helps protect the only democracy in the Middle East, it can do no wrong in my eyes. Thus I note, with some concern, the increasingly odd reaction of boss Neil Ricketts as the shares continue to slide.

At 175p Versarien (VRS) is valued at £263 million. I cannot argue with two writers on this site (Lucian and Cynical) that the valuation looks absurd based on historic profits and cashburn or even on some of the more optimistic forecasts. But it has now announced it is raising £2.9 million (or more) at 145p via Primary Bid and I am almost tempted to have a flutter. Here's why...

Firstly, I detail my latest training humiliations here. To those bearcast readers who have sponsored my charity 32 mile walk I say thank you, to the 95% of you have not, please give a tenner HERE. In the podcast I look at Stratex (STI) where the wrong management is following the wrong strategy and which is a dog with fleas. I look at MySquar (MYSQ) where Nomad John Meyer of SP Angel needs to stop turning a blind eye and come clean - tell us about the Court case looming in Singapore John! I look at Andalas (ADL), defend Neil Ricketts of Versarien (VRS) over share sales and then have a long discussion on CyanConnode (CYAN) where I fear an OW is implicated in a looming cash crisis accompanied by the the stench of boardroom greed with grotesque rewards for failure. It is shocking stuff.

The current exuberant mood of the market has thrown up some great opportunities for bears as well as bulls on AIM recently. But for bears they are not for the faint hearted. Timing is particularly difficult when shorting rubbish and, particularly in these times, it pays to drip feed into a position and to maintain plenty of margin. Even then it is not unusual for a stock to double against you as happened to me recently with Online Blockchain (OBC)