I start with discussing how my late Dad would have been fired had he still been a lecturer at Warwick University today. I am sure that I'd be getting a P45 in the corporate world in the wake of a new survey on workplace alcohol use. Then I move onto Frisby, a star speaker & also singer at ShareStock 2023, and Argo Blockchain (ARB), Versarien (VRS), UK Oil & Gas (UKOG), Supply@ME Capital (SYME) and in depth lessons from today's collapse at Purplebricks (PURP), one I did get right. I also discuss the weather and, in that vein, urge you to donate to a great cause HERE.
The Pub Quiz was number one once again week, and that's still very satisfying. It's probably because there was problem with the quiz last week and people kept trying over and over, but I'll take the win. The most read non-Quiz, non-Tom article last week was is welcome return by Malcolm Stacey, Here Are my Three Favourites in the Race for a Higher Share Price, at No 2 or No 2 including Bearcasts.
Okay I lied about doing a training walk today for Rogue Bloggers for Woodlarks. I offer two excuses and will do an extra two miles tomorrow. Please do donate HERE. Then I discuss why you should never mention anything critical of transgender folk or even, as did I, ask a question, as you will be flamed all day as I have been. Then I discuss Versarien (VRS), Supply@ME Capital (SYME) and the morons who own the shares.
The most-read non-Tom non-Quiz article this week is What does the ruling in favour of Iraq potentially mean for companies operating in Kurdistan? Share suspensions tomorrow? by Gary Newman at No 1 or No 1 including Bearcasts.
You thought Ricketts had gone, he had resigned. Today’s bombshell expose HERE seems to have forced the hand of Versarien (VRS) and it has now ‘fessed up. Ricketts and the associated stench has not left the building after all ...
The most-read non-Tom non-Quiz article this week is Ariana Resources – Bad News From Tavsan, But Still A Buy by Nigel Somerville at No 3 or No 9 including Bearcasts.
The most-read non-quiz non-Tom article this week is by Gary Newman with Asiamet Resources has been a terrible investment for me so far, but I'm still hopeful that it could reach production in the end at No 10 or No 17 including Bearcasts.
As I warned you, my analysis showed that Versarien (VRS) was going to run out of cash by Christmas. And so today, after shameless ramping this website exposed HERE, HERE and HERE, a bailout placing is announced, though raising just £1.85 million gross, call it £1.7 million net, at just 10p. Where does one start?
The most-read non-quiz non-Tom article this week is from Lucian Miers with ‘Thoughts on the FTX scandal and a Short idea from one of the few to emerge from it with credit’ at No 3 or No 8 including Bearcasts.
With a majority of just 834 Tory MP, almost, lifelong career politician, Andrew Bowie is probably already trying to find secure employment for after 2024 when he loses his seat. If so he was in the wrong place yesterday as, as a junior export minister, he pitched up to meet the blubbery lardball that is Neill Ricketts, the loathsome boss of Versarien (VRS) which is set to run out of money by Christmas. It won't be in a position to make him a NED come 2024. From the winner of a reality TV show 21 years ago to a Tory MP who is not even a household name in his own household, Versarien sure pulls in the all the big stars.
Given that Versarien (VRS) is now running on vapours, the pointless creation of loathsome Neill Ricketts is desperate to pump its shares as hard as it can to get a bailout placing away. Yesterday we saw lovable oaf Craig from Big Brother 2001 roped in. Today we see the use of the local rag.
There has been a concerted attempt by Versarien (VRS) to ramp its shares in recent weeks. The reason, though it has yet to ‘fess to it is that it will be out of cash, burning cash and having stiff debts to support by Christmas. It clearly needs to do an emergency placing fast, hence the ramping. Let’s start with the just released video below starring lovable scouse oaf Craig Phillips, the winner of Big Brother 2001.
Reader Ouzo man is brave enough to be short of Versarien (VRS) historically this has been a wise move but the shares have surged in the past couple of weeks to 21.5p from a low of c13p.
You find me making sweet chilli jam as Christmas is near. Photos later. For some companies such as nanosynth (NNN) and Versarien (VRS) time is thus running out. I look at that but start with Malcolm and his deviation from every year I have known him. Then I look at how crime does pay - Elizabeth Holmes and Theranos and, I fear, FTX. Then a few words on the budget, a statement of "managed decline."
There is a film in which my Great Aunt starred where there is singing in Welsh. She is the lady on the right in the first scene below. Anyhow I start today's podcast singing to you in Welsh for reasons I explain. Then it is onto Carson Block and Pantheon Resources (PANR), Carnival (CCL), BSF Enterprise (BSFA), Tern (TERN), nanosynth (NNN), Versarien (VRS) and the comedy at Deliveroo (ROO) which still has to be a short does it not?
I start with the macro babble and surging equities explaining why, I think, rubbish stocks have done the best today. I look at Cineworld (CINE), Versarien (VRS), Boohoo (BOO), Pure Gold (PUR), Argo Blockchain (ARB) and Victoria (VCP)
I look at unemployment data and why it is utterly misleading whatever the wretched Tories claim. Lies, damned lies and statistics. Then at what share prices can tell you: Versarien (VRS), Nightcap (NGHT) and Argo Blockchain (ARB).
Today is Canadian Thanksgiving so if this podcast is late it is because Darren and other folks in the socialist hell hole are giving thanks to a God they do not believe in for not being American. Normally they all celebrate with roasted turkey but after a few years of President Castro-Trudeau many of them have been forced to become vegans under the latest Hate Crime laws or will be chasing their cats as Felix will be the main course on the only special feast which is now affordable. The screenshot below relates to Zamaz (ZAMZ) as I discuss its latest acquistion where the numbers just do not add up. I also look at Versarien (VRS), Chesterfield Resources (CHF), Argo Blockchain (ARB), asking if the ptoposed funding is for real, and I discuss a weekend chat with 'arry Adams of Kefi Gold & Copper (KEFI).
You can sometimes get some borrow in Versarien (VRS) and if you can you should even with the shares, which were once almost 200p, having slumped to below 15p. The next collapse will happen and happen fairly soon. It is a when not an if.
Normally I am envious of Robert, today I am not. On that note and now with the blessing of Aunt L, I tear, once again, into Colin Bird and Tiger Resources (TIR) after interims from Bezant Resources (BZT), then onto a shocker from Chill Brands (CHLL) and finally a laugh at former Neil Woodford dog Xeros (XSG) which is still spunking half a Bernie a month seeking to revolutionise the world of washing machines. Versarien (VRS) also gets a mention as I increase my forecasts of cashburn.
The bullet points at the top of a RNS release, a financial promotion so something covered by regulation and thus meant to be fair and balanced, are meant to be a summary of what lies buried in the text. There is no mitigation at all about telling a slam dunk lie in a bullet point from explaining deep in the body of a release, where few will read it, why the bullet point is not actually true. And that brings me to half calendar year results from the liars at nanosynth (NNN) and why this lie does matter whatever its rather irritable advisers think.
A few personal thoughts then Stanford Crook from 27 years ago and Voyager Life (VOY) from today. Then I also cover Chill Brands (CHLL), Cellular Goods (CBX), Joules (JOUL), Westminster Group (WSG), Versarien (VRS), Avacta (AVCT), and the fraud Supply@ME Capital (SYME).
My Aunt Lucy ticked me off this morning for writing nasty things about folks. She wants me to be nicer to EVERYONE even folks like Colin Bird and Neill Ricketts. Hmmmmmmmmmm. In today's podcast I look at Versarien (VRS), musicMagpie (MMAG), Saga (SAGA) and in detail at Tiger Royalties & Investments (TIR), Birds's collapsing house of related party cards.
In today's Bearcast, I discuss banksters’ bonuses and the evil Tories, Made.com (MADE), Checkit (CKT), musicMagpie (MMAG), Versarien (VRS) and THG (THG).
I start with window activity here at the Welsh Hovel and what it tells you about the economy. Then onto Wildcat (WCAT), Versarien (VRS), Made.com (MADE) and finally a detailed look at Bidstack (BIDS) where you should be short.
Ok that was part of my dream as Jaya and I went out buying the booze for ShareStock. I relay the dream in full and also an old joke. Then onto three companies where there may be financing issues very soon: Versarien (VRS), Deepverge (DVRG) and Wishbone Gold (WSBN). Finally Sharestock. If you want a ticket and have not booked you have just over 24 hours tpo do so and then I will close bookings as we have almost 80 folks coming. Secondly, if you are among the 80 and want supper here with the family from c6.15 LET ME KNOW BY EMAIL BY COP WEDNESDAY. You can book your seat HERE.
By my rough calculations the second of Versarien’s (VRS) disastrously expensive death spirals struck with Landstead has come to an end. The good news is that this prevents roughly 25,000 shares being dumped in the market every day. The bad news is that Versarien no longer receives around £100,000 a month from Lanstead. It’s also bad news for the unnamed “agent” who has been trousering a 2.5% cut of the money!
nanosynth (NNN) has today issued a grotesquely misleading press release which tells investors that it has secured access to almost £3 million in death spiral funding. It has not. It has deceived mugs. Two years ago Versarien (VRS) issued an RNS about a deal with the same death spiral provider which I pushed the Oxymorons at AIM Regulation on, and which they forced loathsome Neill Ricketts and hois motley crew to correct. I have now written to the Oxymorons again…
On 23 March 2020 Versarien (VRS) announced a £6 million subscription by death spiral provider Lanstead. Of course, it was nothing of the sort. The proceeds have been a fraction of that and, following pressure from this site, AIM regulation forced Versarien to issue an RNS on April 6 admitting as much. Wind forward to today ands Lanstead and nanosynth (NNN) have engaged in an almost identical deception. Does nobody learn anything?
You will remember that when the old auditor to Versarien (VRS), run by loathsome charlatan Neill Ricketts, walked, the new bean counter said that it would not have sufficient time to sign off on results to March 31 so Ricketts extended the year end to September 30. But the shares are today sliding (again), off 10% to 18p, as chickens prepare to come home to roost.
We're halfway through the year, and that gives us a little time to reflect back on the most-read stories of this past six months. Who would have guessed THIS would be #1?
Versarien (VRS) admitted the need for a bailout placing within the next ten months (and probably much sooner), or it will go bust. With a quick google search, its latest RNS Reach spoof unravels in seconds.
I discuss Manchester vs Geneva airport and why you should not believe everything you read in the Daily Mail. In a week's time I will be, I hope, three quarters of the way through Rogue Bloggers for Woodlarks. If you are among the 93%of listeners yet to donate please do so HERE. Then I look at Neil Woodford and Harcus Parker finally filing its claim against ACD Link. Finally it is Versarien (VRS)
Recovering from several lectures on the evils of Brexit, I send you greetings from Frogland this Bank Holiday Thursday. In today's podcast, I look again at the Tern (TERN) - Pires (PIRI) merger. I then discuss three slam-dunk zeros: Kinovo (KINO) - whose shares should be suspended with immediate effect - Versarien (VRS) and Nanosynth (NNN), where the new CEO, Mark Duffin, is a complete clown. If he does a deal in snails, as he suggests, I am a Dutchman.
I explain my anger, and why the weekend ahead will be sheer torture. Think of my suffering and donate to Rogue Bloggers, HERE. Then, put 10 September in your diary, and keep it free. More on that next week, when I shall be in Frogland with Joshua and Olaf. In today's podcast, I cover Versarien (VRS), Audioboom (BOOM) and Advance Energy (ADV). ).
Versarien (VRS) shares have surged of late: last week, they lounged at 15p; yesterday, they reached 24p. This surge is all the more remarkable given the company’s May 12 warning: within a year, it could run out of money. My guess? The spike is driven by chatroom speculation and is, in effect, a concerted pre-placing ramp. In that vein, I have two questions for loathsome CEO, Neill Ricketts:
I'm sorry, but I have a reputation to protect. This is all to do with an excellent cause, which 94% of you are yet to support. Please do so, HERE. I then discuss Bluebird Merchant Ventures (BMV); Amigo (AMGO); Versarien (VRS); THG (THG); Morses Club (MCL); and Argo Blockchain (SPOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOF).
In today's podcast, I discuss the FTSE 100 sliding; bitcoin's crash; Coinbase; Online Blockchain (OBC); Argo Blockchain (ARB) and 3 questions Peter Wall MUST answer; Cellular Goods (CBX), where Wall today stepped down as chair (odd timing); Verditek (VDTK); the shame of Innovate UK and ex-footballer and NFT spiv, Michael Owen; Petropavlovsk (POG); and Versarien (VRS), where a cash crisis looms. Now, to brace myself: the mother-in-law will arrive at her new home in just a few hours.
As its old auditor walked, and the new one needed more time, today’s results for the 12 months to March are unaudited interims – the prelims will be for the 18 months to 30 September. But one cannot dodge the numbers: even Neill Ricketts is forced to ‘fess that Versarien (VRS) may soon run out of other folks’ cash. Anyone holding the shares is, thus, certifiably insane.
Cliff admits he will lose, so has decently added £5 to his Rogue Bloggers for Woodlarks donation. Why not join him? Leave the 96% of listeners yet to donate, and chip in today, HERE. The bet is on Zephyr Energy (ZPHR), where Cliff is long (and wrong). I offer him the chance to double up with a bet on Wildcat Petroleum (WCAT), following its bonkers RNS yesterday. But I think he is too smart to take that. I also look at Versarien (VRS), Eden Research (EDEN), Kefi (KEFI), and Amur Minerals (AMC), on a day of water triumph at the Greek Hovel. How I wish I was there.
I start on the news from Twitter & Elon Musk. Then, I look at Wildcat Petroleum (WCAT); Novacyt (NCYT); Vast Resources (VAST); the stinking RNS from Nightcap (NGHT); and Versarien (VRS), where the TWO death spirals are starting to bite, as the cash crisis intensifies.
I start with Pure Gold (PUR) and today's utterly misleading release; the red flags do flutter in force here. The onto Kefi Minerals (KEFI), where 'arry bloody Adams does not understand why his NEDs are 100% discredited. Finally, I have two challenges for loathsome Neill Ricketts, as he steers Versarien (VRS) towards a crash landing.
Mr Westbrook is undeterred by his encounter with bully-boy charlatan, Neill Ricketts of Versarien (VRS). He has now waded into battle with SP Angel, London’s second-worst Nomad after Beaumont Cornish, on the matter of the Paragon Diamonds Scandal. Nigel and I covered this debacle at the time, making it clear that we believed Nomad Northland, now part of SP Angel, behaved disgracefully. Westbrook has fired off the letter below, which I shall now pass to AIM Regulation, asking the Oxymorons if they can explain why SP Angel still has a license to operate. Ian writes…
In the six months ended 30 September 2021, Versarien (VRS) burnt £1.11 million in operating costs and a further £1.9 million in the purchase of intangible/tangible assets. The interim results presentation indicated there was a monthly cash burn of £0.4 million, but also cited cash/headroom of £6 million, which sounds impressive. However…
I start by explaining yesterday’s late bearcast and the reason I am in such a foul mood today. Then, I look at Versarien (VRS); Fulham Shore (FUL); One True View; Eden Pharma and FCA failings; and, finally, at Victoria Oil & Gas (VOG), where I predict, at best, epic dilution.
As Q1 limps to a close, it is difficult to see clearly through the fog of war. Mindful, doubtless, of the Covid aftermath – which bottomed almost exactly two years ago and led to a spectacular rally in stocks – investors have returned, and the sell-off seems to have petered out.
Only kidding, Elric – the bit about Optibiotix (OPTI) is at the end. Before that, I discuss bear market-funding economics (it is more interesting than it sounds); c/o Luke Johnson; Russia & Ukraine; ADM Energy (ADME) and its pre-bailout-placing spoof; Vast Resources (VAST); Versarien (VRS); and then, matters to keep Mr Lemming happy.
Of course ,for the diehard cultists it will all be different this time. Or next time. Or the year after. But it will not be. A hat tip to reader G for this table of Versarien’s (VRS) track record up to the end of March 2021. When we update it with the next numbers it will look even worse.
You don’t need to be Greta, the doom Goblin, Thunberg to know that in today’s environmentally friendly RNS Reach (i.e not financially significant) announcement from Versarien (VRS), the loathsome bore Neill Ricketts is talking out of his fat posterior. Here’s why.
The gardening photos from the Welsh hovel will appear later on my own site. Before then I review the 4 retail stocks of the Lucian Miers apocalypse: Versarien (VRS), Supply@ME Capital (SYME), Eurasia (EUR) and Chill Brands (CHLL) and then my 10 stocks to collapse by Christmas. One has fallen so far it is probably not a short now though I would not buy it while three look set to go to zero, possibly as soon as next week in one case. My 10 are Supply, Chill Brands, Versarien, Avacta (AVCT), Wildcat Petroleum (WCAT), Amigo (AMGO), Cineworld (CINE), Argo Blockchain (ARB), Verditek (VDTK) and Tern (TERN). I also look at the oil price and consider whether those sitting on gains might bank a few profits.
I start with events in Ukraine and possible peace and where that leaves some Russian owned stocks. Then I turn to Ncondezi (NCCL) and then a detailed explanation of why today’s Versarien (VRS) analysis matters but also why the cash crunch is coming far sooner than most morons realise and the next bailout for the loathsome Ricketts will not be pretty. And then I ask where next for gold and oil prices and stocks?
Changing auditors for a listed public company a month before the Group’s year end isn’t a planned event as planned rotations are indicated upfront in the audit report and accounts and the notice to the Annual General Meeting. As I pointed out in my note yesterday, such a late change is indicative of a tension between the company and its auditor’s even if that does not rise to the level of the auditors saying that there are no circumstances that the auditors wish to bring to the attention of creditors.
I start with events in Ukraine and offer a few thoughts. But I also look at a few companies notably Eurasia Mining (EUA), Versarien (VRS), ADVFN (AFN) – one of which is, I think, a buy – and also, en passant, the fraud that is Supply@ME Capital (SYME) and in the context of bitcoin tanking, Argo Blockchain (ARB).
On 23 September 2021 the AGM of Versarien (VRS) voted to reappoint PWC as its auditors. Today we discover PWC has resigned and been replaced with the rather less top drawer BDO LLP. And there is more. This stinks.
Neill Ricketts of Versarien (VRS) will today be boasting of how he has settled his libel claim against Bulletin Board poster Ian Westbrook and that it is a triumph for him. Au contraire! Only now can I reveal what Ricketts really wanted out of this case.
In a long podcast I explain why the climate has changed so making it a year for the bears and then explain the common thread and individual reasons for my top ten shorts for Christmas 2022. The terrible ten are Supply@ME Capital (SYME), Tern (TERN), Avacta (AVCT), Versarien (VRS), Chill Brands (FRAUD), Amigo (AMGO),Cineworld (CINE), Argo Blockchain (ARB), Verditek (VDTK) and Wildcat Petroleum (WCAT)
Having asked for readers tips for 2022 for the prize of 1/2 litre of Tom Winnifrith’s Greek Hovel olive oil (2022 harvest) HERE, the following is the first monthly update on performance (to be eligible needed to have selected, on a once per username basis, a buy & sell pick from the LSE, AIM casino or Aquis lobster pot and the stocks not to have been suspended at the commencement of 2022)…
A rise in the shares of AIM-listed Applied Graphene (AGM) caught my eye today. Like Haydale (HAYD) and Versarien (VRS) – apparently – it is a graphene play on the world’s most successful growth market. So how is the growth here? Er…..
I name all those shareholders or their BB or Twitter names that Union Jack Oil (UJO) is using shareholder cash to troll in a most thoroughly unpleasant way as I exposed yesterday. I also comment on THG (THG), Cineworld (CINE), Tintra (TNT), Versarien (VRS) and then on the bursting of the Covid testing bubble with particular reference to Omega Diagnostics (ODX), Avacta (AVCT) and Novacyt (NCYT) which has its own BIG question to answer. Plus, of course, MyHealthChecked (MHC). I reference vaccination and covid rates in Israel in the podcast which is covered in more detail HERE.
I start with a few comments on my life as a tree hugging, green feminist and the issues that presents. Then I comment on Wildcat (WCAT) and its smearing of me in a bonkers statement. I then comment on Versarien (VRS), the Ian Westbrook case and what will cause a share price collapse this year. Then it is on to Cineworld (CINE), the Restaurant Group (RTN) and easyjet (EZJ), three end of covid plays and why they are not all the same. Finally I look at Nostra Terra Oil & Gas (NTOG) and the latest statement served up by its devoutly Christian boss and why I am not buying into it.
It is time once again for our New Year competition. There are, of course, no prizes but the kudos for the winner will be immense. The question is how many dodgy RNS announcements will there be on New Year’s Eve? Who is holding back bad news for a day when no-one is watching? Post your entries below in the comments section.
I end with a seasonal message of goodwill to all men. I start with a detailed demolition of Versarien (VRS), Deepmatter (DMTR) whose placing statement is a disgrace and finally of Love Hemp (LIFE) an Aquis dog from Peterhouse Capital where, after today, there are more red flags flying than on May Day in Moscow. It is a shocker. I also have somewhat implausible news about Central Copper Resources.
I start with Bluebird Merchant Ventures (BMV) and the FCA. Who is being a moronic fucktard today? Then some very serious number crunching on Versarien (VRS) and its looming cash crisis as the death spiral from Lanstead starts to fail. Then on why Bidstack (BIDS) has offered its long suffering sharehoders a great selling opportunity today. And a few words and questions for Lyin’ Stever Sanderson at UK Oil & Gas (UKOG) – placing ahoy!
Only kidding. These rules are bonkers. I discuss looming covid tests as I start to prepare to make my way back to Airstrip One. Then it is onto Nomad SP Angel and two of its clients, Versarien (VRS) and Union Jack Oil (UJO). Will John Meyer and his colleagues do thedecent thing for once?
The olive harvest is almost done, bearcast listener and harvester B and I finished today as the heavens opened. So I am a bit wet but it is done. More details on my own site tomorrow when I shall have a full day at my desk. Today I talk about the Government’s mad new covid laws then about how shareholders in Red Rock Resources (RRR), Union Jack Oil (UJO) and, increasingly, Tern (TERN) and Versarien (VRS) should be careful what they wish for.
Recorded from my new studio, that is to say a hired car in Greece, I start with olive harvest news then move onto Versarien (VRS), Supply@ME Capital (SYME), Guild eSports (GILD) and Argo Blockchain (ARB). Natch you’d be bonkers to own any of these four stocks.
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.
I start with Bitcoin and sleepy Joe Biden’s new legislation, the Infrastructure Bill. Then it is Versarien (VRS), Biome (BIOM) and finally more on Union Jack (UJO), before I discuss Peter Brailey’s big oil call and what that means for gold stocks and how I might adjust my SIPP.
I start with news of two birthdays. Then I look at today’s Superdry ramp from Versarien (VRS), at Wildcat (WCAT), where the FCA has already responded to my missive, and at Nightcap (NGHT) where what I have revealed today is legal but surely stinks to high heaven making the shares utterly uninvestable.
In today’s Bearcast, I ask how much would you be prepared to do to break LSE Rules to stop your company’s share price from crashing – ref Chill Brands (CHLL). I look at Versarien (VRS) and its latest spoof and the track record of it spunking your cash via Innovate UK grants. But the meat here is on HK360 Limited Brian Basham, Net Zero Infratructure (NZI), the FCA and what appears to be amassive failure of corporate governance, as outlined HERE
I am all for patience when it comes to investing, but the forbearance of small retail investors when it comes to continual promises made and broken by small and disreputable companies never ceases to amaze. Amazon and Apple are two examples, often cited by dreamers, of plucky minnows which struggled for years before exploding into being behemoths. If they can do it, the thinking seems to be, why not anyone? Give them more time and money.
The top non-Tom article this week is Ariana – Oh No: Not More Good News! by Nigel Somerville, the Deputy Sheriff of AIM at number 11 or number 18 if you include the Bearcasts.
I start with the two companies beginning with V and articles on this website today: Versarien (VRS) has responded, weakly to this expose. Vast Resources (VAST) cannot respond to this bombshell which exposes the cancer at the heart of AIM Regulation again and makes the shares uninvestable at any price. Then I look at Ben’s Creek (BEN), Skinbiotherapeutics (SBTX) on product launch day and at Central Copper where an IPO that should be pulled is delayed again.
The shares are today trading at 29.5p, valuing this POS at c£58 million, but are slipping gently. The reason: Versarien (VRS) the AIM listed jam tomorrow stock run by serial ramper Neill Ricketts is, according to a City source, sounding out investors about a fund raise of £30million at 18p. The rationale?
I noted yesterday that a rapid turnover of Non Execs is never a good sign. Today we discover that James Stewart CBE who joined Versarien (VRS) as its non exec chairman on June 30 last year has had enough and is leaving on December 31. His departure is a red flag, his successor is another.
A company does not have to say anything on trading, on its prospects or on other matters at an AGM but it can do so and if it has anything good at all to say you can bet the ranch, especially with smaller AIM promotes, that it will say it. And that brings us to the Versarien (VRS) AGM yesterday.
I start with one big story, the Stagecoach (SGC) & National Express (NEX) bid talks. The other big story is the word “bird” being dubbed sexist at an insane Barclays (BARC) employment tribunal which I cover HERE. I also look at Versarien (VRS) ahead of its AGM, Chill Brands (CHLL) ahead of its AGM and at regulatory issues for Eurasia (EUA) and Deepverge (DVRG) where the wrongdoing is as plain as day.
Yesterday I was reviewing Lucian Miers’ big 5 small cap shorts with the great bear over breakfast. Breakfast BTW was porridge with homemade stewed apples (from the Welsh Hovel) in cinnamon. In the podcast, I discuss last night’s culinary fare but then probe Lucian on what he sees as critical mid and end points for each of his 5 UK small cap big shorts: Tern (TERN), Versarien (VRS), Chill Brands (CHLL), Supply@ME Capital (SYME) and Eurasia Mining (EUA).
I start with what should have been Joshua’s first day at school but for the utterly inexcusable laziness of the teachers. Then I mention Versarien (VRS) before moving onto the fraud Chill Brands (CHLL), a bt of CV analysis at Nanosynth (NNN) and a discussion of the latest nonsense from Eurasia Mining (EUA) where again I compare it with Jubilee Metals (JLP).
The annual report for worthless cash-guzzling promote Versarien (VRS) came out on Friday. Hmmm just before a bank holiday weekend, a good day to bury bad news or in this case snouts in the trough and rewards for failure.
In today’s bearcast, I look at those failures in detail: Wildcat Petroleum (WCAT), Tirupati (TGR) where you might brace yourself for some language some may deem sexist and not very 2021, and Supply@ME Capital (SYME) where today’s extraordinary news really should alarm any holder. I also revisit Argo Blockchain (ARB) which has published its US listing prospectus HERE which I comment on. En passant, I look at share trading patterns in Versarien (VRS) and Chill Brands (CHLL) and what they tell us about sentiment in what were last year’s Bulletin Board darlings. They are just so 2020 aren’t they?
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.
The good news is, and I thank so many generous Shareprophets readers, that Ian Westbrook has – as you can see here – raised £20,000 and so, in January, the loathsome pig Neill Ricketts will get to sweat in Court. I shall be preparing my deposition for Ian’s barrister next week. Natch the Bulletin Board cultists were driven to a frenzy of rage by this.
Ian Westbrook is now just £800 from making loathsome Neill Ricketts of Versarien (VRS) sweat in Court in January like the pig he is. Please keep those tenners, twenties and fifties coming in HERE. I look at today’s bombshell on the fraud Supply@ME Capital (SYME) and explain why that makes it a slam dunk zero. Then it is Central Copper Resources where I am sending out numerous emails to get its AIM Sewer IPO strangled at birth.
I look at the shock suspension of trading by the FCA of City broker Pello. I look at Braveheart Investment Management (BRH) and how Trevor Brown has made £7.5 million from pump and dump while mug punters have lost up to 85% on one pump and 60% on another. Finally, tomorrow will see an explosive dossier on the fraud Supply@ME Capital (SYME). It is a zero. Meanwhile, Ian Westbrook has now raised £19,105 on the make loathsome Neill Ricketts of Versarien (VRS) sweat like a pig appeal. We need just £895 to hit target so keep those £10 and £20 donations coming HERE
I start with a discussion on the forest fires in this region of Greece then move onto the impending total humiliation of Julie “Lingerie on Expenses” Meyer after today’s shocker HERE. Then I look at Supply@ME Capital (SYME) asking if its boss owns any shares at all. He certainly does not own 26% as claimed. Then I look at the Optibiotix (OPTI) trading statement discussing it and Skinbiotherapeutics (SBTX). Finally back to a wretch: Versarien (VRS) and its shite results which show why we must get Ian Westbrook over the line – he is now, with a slightly extended deadline – just £1775 shy of making the loathsome Neill Ricketts sweat in court. Please keep giving those tenners and twenties HERE
It is hard to know where to begin with the results from Versarien (VRS) for the year to March 31 2021. They are, at every level, just utterly diabolical. However much the morally bankrupt PR spinners at Yellow Jersey – who else would act for such scoundrels – try to polish the turd, it is still a turd.
There was a large donation late yesterday and that means that brave Bulletin Board commentator Ian Westbrook, aka Club Sandwich, has now raised £18,110 of the £20,000 needed to see loathsome pig Neill Ricketts of Versarien (VRS) sweat like the AIM CEO he is with a January Court appearance. As a result…
I start with the refugees which leads nicely into the vicious and Orwellian attack by Channel 4 News on Steve Brown of Orcadian Energy (ORCA) where I am a loyal shareholder. What has happened here is a direct attack on free speech, an attack by the media itself. It is horrific. Then it is onto Versarien (VRS). Ian Westbrook may well be within £1950 of being able to make the loathsome pig Neill Ricketts sweat like an AIM CEO so with 22 hours to go, please keep donating HERE. Meanwhile, Neill is up to his old tricks of disseminating over-egged “news” via non RNS means as I expose HERE. Surely the Oxymorons must act?
Shares in Versarien (VRS) are being pumped by Bulletin Board speculation that the company has won a “major role” in HS2. If that is the case Versarien should announce the deal with hard numbers via an RNS. But it has not, it has leaked the story to “Punchline” the No 1 source of Business News in Gloucester. And then cult followers have spread the link all over the internet.
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.
This is all about Ricketts who runs the worthless POS that is Versarien (VRS) trying to bully his critics into silence. Please listen and if each listener agrees that Ricketts must be stopped and donates £10 here, we will stop him. Please donate NOW!
The Bulletin Board cult followers of the dog Versarien (VRS) never look under the bonnet at hidden horrors. That is why critics such as Ian Westbrook are so useful. Ian has now raised more than 70% of the cash needed to make loathsome stock hustler Neill Ricketts sweat with a court hearing. He has six days to raise the rest. Please donate, even if it is just a tenner, HERE. If the full £20,000 is not raised you get your cash back. Please give now. So what is this little horror I have stumbled across?
At time of writing, the Versarien (VRS) share price is 29.55p, below the crucial 30p support/resistance. If it hits the low 20s or high teens in the next month or two I don’t think anybody except the die-hard bulls on ADVFN would be surprised. And the company is due to release some numbers soon, expected to continue the pattern of declining revenues and to show profitability as far away as ever. With the number of covid cases declining sharply (and very welcome it is too), the bounce in revenues from selling graphene-enhanced face nappies will prove to be very temporary indeed, I suspect.
I end with another appeal for brave Ian Westbrook. We are now just over £7,000 from making Neill Ricketts of Versarien (VRS) sweat like the loathsome pig he is. Please do donate HERE. I start with a comment on Kefi (KEFI) from the horse’s mouth, and a look at the fraud Zoetic (ZOE), Deepverge (DVRG), Moonpig (MOON), Uru Metals (URU) and the Zak Mir top of the market call.
Forgive the crude title or love it if you are Matthew and his dog. I could not resist. I start with a discussion of the tyranny of village facebook pages prompted by my latest spat with some villagers of Holt in Wales HERE. Then I look at Kefi (KEFI), Zoetic (ZOE), Kanobo (KNB), Supply@ME Capital (SYME), Block Energy (BLOE) and the bitcoin pump by America’s Neil Woodford and others. Ian Westbrook is now at just under £12,000 and has ten days to reach £20,000 to see the loathsome Neill Ricketts at the next stage. To call the bluff of the Versarien (VRS) bully, please donate HERE. PS Darren points out it is the 26th not the 27th. He is correct.
I shall explain why and what tomorrow. But I eat my own pudding in that I believe the recent sell off in small caps offers opportunity. But for some companies, notably those with funding issues, it could be very bad news. I discuss Supply@ME Capital (SYME), its director Mr Bull and its mother of all death spirals, Remote Monitored Systems (RMS) where the cash, its only asset of value, is disappearing fast and Versarien (VRS) where I urge you to back Ian Westbrook TODAY as its 2 death spirals really start to bite. I also comment on Predator Oil & Gas (PRD) which looks to be a can of worms and Loop Up (LOOP) where maybe I am just a bit dim but isn’t it pointless?
The Morons who believe in the cult of Neill Ricketts and the cash guzzling POS that is Versarien (VRS) think that Ian Westbrook (Club Sandwich), the Bulletin Board poster Ricketts wishes to destroy will fail to raise the £20,000 needed to keep his defence going. They are wrong. Here is one cultist posting on ADVFN today. Hap tip JD:
No sniggering at the back please. This press article from 2011, the year the loathsome Neill Ricketts founded that great British company Versarien (VRS) is presented without comment.
The top non-Tom article this week is QUIZ plc – trading update, how creditable is “consistent with the board’s expectations”?… by Steve Moore at number four or number ten if you include the Bearcast and Tom’s new shareshow. The funniest article this week is ShareProphets “Good Day to Bury Bad News” Competition Result – how many companies put out dodgy RNSs the morning after the Euros in the expectation that they will be overlooked. Nine.
We have seen previously, through his emails, group chat posts and postings to ADVFN bulletin boards, how Graham Wood had many deeply “interesting” interactions with Versarien management, including CEO Neill Ricketts. It seems that as far back as May 2017 Wood ‘popped’ into the Versarien offices apparently at will whenever he was in Cheltenham (only 27 or so miles from where he lives), where he was exposed – deliberately or accidentally – to highly price-sensitive information which he then relayed to other investors in a series of thinly-disguised nudges and winks. He also openly admitted to meeting Versarien company officers for friendly little chats, relaying what they said in bulletin board posts the next day. None of this is in question, it is all backed up by his own words in verifiable emails and bulletin board posts.
The top non-Tom article this week is Good news at Morrisons (and possibly Playtech) by Chris Bailey of Financial Orbit at number three or number five if you include the Bearcast and Tom’s new shareshow. The Pub Quiz also sneaks onto the list at number ten. Yet again.. Which one is the best of the week? Tell me in the comments.
Loathsome Neill Ricketts of Versarien (VRS) seems intent on destroying his Bulletin Board critic Ian Westbrook in order to preserve his good name. Really I meant that – seriously, stop sniggering at the back! But Mr Westbrook is not backing down and has hired the legal team which has helped me see off so many bullies who are working at a very reasonable rate to defend the brave Westbrook. But costs will mount up so Ian, Club Sandwich on the boards, has launched a crowdfunding operation to raise an initial £20,000. I ask of you two things:
Shoddy AIM promote Versarien (VRS) presents and markets itself as graphene led business. Its annual reports contain huge narrative detail on its graphene business but the plastics and hardware business barely get a mention (limited to a paragraph or two for each). Furthermore, its recent acquisitions being Hanwha Aerospace for £4.34 million and Gnanomat for £3.0 million were both in the graphene space and the graphene business now represent the majority of the goodwill on the balance sheet. It had a recent strategic investment by a South Korean firm called Graphene Lab. Its retail investor base is clearly focused on the potential for hockey stick growth in revenue and profits from graphene products as relentlessly promoted by loathsome CEO Neill Ricketts.
I start with a reflection on two smears from Bulletin Board Morons and about how media platforms from BBs to twitter need to respond to deal with such malice. Then a few thoughts on why the Tories are pissing off Tory voters in Chesham and elsewhere. Then I look at Versarien (VRS), Westminster Group (WSG) and at Bidstack (BIDS), breaking AIM Rules as it teeters on the edge. Oh, is that a Fat Lady I see gargling over there?
The loathsome boss of Versarien (VRS) Neill Ricketts has made what, the king of the fraudsters, my pal Sam Antar would call out as a cardinal error for a stock promoter. He has not only threatened Bulletin board critic Ian Westbrook (Club Sandwich) with a libel case, he has now lodged formal proceedings. So why is Claim Number QB-2021-002159 such a blundering mistake by the AIM boss?
Most AIM sewer companies have, perhaps, 2 Nomads every five years. Sometimes your company grows so you upgrade to a bigger firm. Or the reverse can happen. Or maybe a Nomad goes bust. Or perhaps you just have a personality clash. But to have multiple Nomads suggests something worse is afoot, that the Nomads might actually be baulking at what is going on. In that vein, consider the record of Versarien (VRS).
Neill’s hero who he used to retweet was Elon Musk. Boy how Neill worshipped the old fraudster. But perhaps Elon is too respectable for Neill these days. After all he has not yet been convicted of fraud. So Neill has a new hero, a convicted felon, who he can retweet as you can see below.
Oh dear, the crashing share price of Versarien (VRS) seems to be getting to its loathsome boss Neill Ricketts. He has already threatened one Bulletin Board critic with a libel action, sending the fascist lawyers letter you can see HERE. Now on twitter he appears to be threatening another as you can see below. So Neill is this just bullying by a failing CEO or will you give us all the fun of a full disclosure process by actually taking legal action? Please let it be the latter, my guess is that even you are not that stupid and it will not be.
Even at 34.1p to sell, a new low for 2021 achieved despite the raging bull market in small cap shares, Versarien (VRS) is capitalised at £66 million which for a company with negligible net cash and burning cash is a preposterous joke. Let’s start with a reminder of what fair value is…
Of course, there are some instances when it is appropriate to take legal action against some critic. If, for instance, the attacks are against wives and children, there is a threat of actual body harm or the allegations are just so outrageous (paedophilia for example) then a company might justifiably take action. But simply to bring in lawyers, who are always expensive, to try to silence someone who criticises a company’s business model, or its valuation, is a monumental red flag.
The most read non-Tom article is Recently listed Caerus Mineral Resources can make rapid progress following its deal with Jubilee Metals by Gary Newman at number 10, or number 17 including Bearcasts and Tom’s new shareshow. Which one is the best of the week? Tell me in the comments.
Graham Wood is the most enthusiastic shareholder in the con that is Versarien (VRS). He does not like me because I point out the lies the company told and so has discussed having me killed and was on the private chatroom which discussed how my (then pregnant) wife could be harassed at work so that she was fired. Now thanks to Neill Ricketts trying to gag a Bulletin Board critic with fascist lawyers letters, we may find out whether Wood rides solo or if he is rather more connected to Versarien than folks think.
I start with two bits of civic duty today. I end with an appeal to those of you ( 90%+) listening who are yet to donate to Rogue Bloggers for Woodlarks – we are now at over £19,000. Help us get past twenty please by giving HERE. Then I have a warning of “incoming” for loathsome Neill Ricketts at Versarien (VRS), discuss Trevor Brown and then at length Bidstack (BIDS) and its clear rule-breaking. Then Verditek (VDTK) – looking more and more a zero – Watchstone (WTG) – Quindell as was and the jail cell waiting for Rob Terry, today’s update on that.
On the whole, it probably does make sense to avoid investing in companies run by rogues but if one is to break that rule, it pays to back a rogue who knows how to generate cash. Perhaps rogue is too strong a term for Kostyantyn Zhevago, founder and majority shareholder of Iron ore miner Ferrexpo PLC (FXPO), so let us just say he is a colourful Ukrainian entrepreneur, one of the original oligarchs who, finding himself in the right place at the right time, acquired some promising assets for a song and listed his company in London in 2007.
Tom Winnifrith has already exposed the cancer threat, discussed HERE in a 2018 scientific study, posed by wearing graphene enhanced face masks with regard to AIM-listed Versarien (VRS). But it seems that Versarien is not the only company in the firing line, for AIM-listed Haydale (HAYD) is also on the hook.
This is like admitting that I have a secret habit of watching old episodes of the Dick Emery show. I might accept that what I watch is utter rubbish, that I learn nothing from it at all and that I really should not admit it in polite society but what the hell, I am becoming addicted to Proactive’s new interviewer Katie Pilbeam whose “good news as the shares crashed” special with ScotGold (SGZ) I flagged up yesterday. Katie, ooh, you are awful… but I like you! Now she has recorded a 5 minute special with loathsome Neill Ricketts of Versarien (VRS) as you can see below.
Shares in Versarien (VRS) have been ramped, in as much as you can ramp a cash guzzling POS, on the back of its graphene enhanced face masks. But as I pointed out yesterday, there is, despite Ricketts’ misleading RNS claims, no scientific study on humans to show that they either stop one human transmitting covid to another but, worse still, there is no proof they do not harm wearers. It gets worse: there is evidence from a scientific study that they may well harm wearers which is why Spain, Ireland and Canada have already moved to ban and recall such products.
The photos will come later (not of underpants). The walk is done but I paid the penalty of ignoring Dan’s golden rule. We have now raised more than £14,000 and as you think of my pain today, will the 96% of bearcast listeners who have yet to donate please do so here. Otherwise I will talk about Dan’s underpants again. In the rest of the podcast, I take issue with ex soccer player Andrew Johnson on tax and then look in detail at the claims made by Versarien (VRS) about its graphene enhanced face nappies and why they do not stack up at two levels and, as such, why there really should be a UK product recall.
The most read non-Tom article is Centamin Q1 Report: All on Track – BUY by – wait for it – Nigel Somerville at number nine, or number 16 including Bearcasts and Tom’s new shareshow. Which one is the best of the week? You don’t need to tell me in the comments – it’s clearly the pub quiz which somehow missed the leaderboard.
I comment on St George’s Day HERE. In a long podcast, I look at Versarien (VRS), Audioboom (BOOM) – misleading again – Bluebird Merchant Ventures (BMV), Bitcoin and Argo Blockchain (ARB), Bahamas Petroleum (BPC) and the fraud Supply@ME Capital (SYME). And we are now just three hundred quid shy of £14,000 for Rogue Bloggers for Woodlarks, please donate HERE.
Oh dear, oh dear. It never rains but it pours for loathsome Neill Ricketts, the boss of grossly overvalued AIM promote Versarien (VRS). Now realising that his attempts to gag a Bulletin Board critic will end in a humiliating climbdown, his week just got even worse news with developments in Eire. You will remember how Canada has moved to ban graphene enhanced face nappies?
I discuss that surprise windfall, the Mrs getting her jab and look at Wildcat (WCAT), MyHealthChecked (MHC), Versarien (VRS) and Vast Resources (VAST).
My video with Optibiotix (OPTI) boss Steve is with Darren and the show should go live tomorrow. But I pick up on one point and that is the behaviour of IIs vs PIs. Then with that also in mind, I look at Savannah Resources (SAV), comment on Big Sofa (BST) and then on the fun and games at Versarien (VRS) which could well bring my 0p target a lot sooner than I had thought. We have now raised more than £15,000 ( with gift aid) as the rogue bloggers for Woodlarks. Thank you to Jocelyn and Vin for two big donations today, can you please also be generous and donate HERE.