I realise that Versarien (VRS) boss Neill Ricketts, pictured below, is well connected in Government circles but I simply do not understand how Innovate UK has today agreed to a £5 million loan to his company. Let us be clear, this breaches its own rules. I smell a rat and wonder if Her Majesty;s Loyal opposition might wish to pursue this matter.
It was in April last year that oily Neill Ricketts first announced that Chinese Investors were going to buy new shares giving them 15% of Versarien (VRS). The shares roofed it and he dumped vast amounts at 137p - today the shares are 42p. First it was BIGT, the CIGIU and finally YG, a newly established Hong Kong entity set up to source funds working with those other companies that had no websites or offices or phone numbers. Quelle surprise! Guess what?
The China investment into Versarien (VRS) farce began on 15 April 2019 and should have seen boas Neill Rickets sacked by now so what is meant to happen by midnight tomorrow and will we get an RNS?
As I noted earlier, the RNS issued by Versarien (VRS) is a shambles and opens up all sorts of questions about share dumping by boss Lyin' Neill Ricketts last April. I was set to contact AIM Regulation and the FCA about it but it seems that valiant Tim Kempster has beaten me to it. The Regulators really do need to act on this at once. Tim writes
It is like extracting teeth. Getting the proven liars at Versarien (VRS) and the morally bankrupt evil PR spinners at Yellow Jersey, of the Frontera fraud infamy, to tell the truth, the whole truth and nothing but the truth is a nightmare. And we are still not there yet. Today, however, the company has been forced to start to clarify.
Canaccord quit as Nomad to Versarien (VRS) partly because of the social media antics of its CEO Lyin’ Neill Ricketts. Obviously, new Nomad SP Angel does not care about that as it was happy to act for proven fraud MySquar (MYSQ). Do John Meyer and his cronies have any standards at all? And how will AIM Regulation take Neill’s latest lies
Yesterday Versarien (VRS) announced a death spiral on steroids which will only postpone bankruptcy and will see the share price shredded but the RNS was, I believe, an exercise in market manipulation and market abuse. Only a Nomad like SP Angel of the fraud MySquar infamy, could have signed off on it. I have written to the regulators demanding that, again, they take action
Versarien (VRS) this morning announced “subscription to raise £6 million”. Folks looked at the headline and the shares soared to 31p. Ha! Mugged by Ricketts again! Then they read the release. It is bullshit. Death spiral provider Lanstead is not putting up a cent up front and the total amount handed to Neill Ricketts’ bag of shite company over the next two years could well be well below its monthly cashburn! Ricketts really is the most shameless bullshitter and only scumbags like SP Angel, who took over as Nomad after Canaccord resigned, would sign off on such misleading gibberish which contains one MONSTER lie.
A new financial life support for crap companies like Versarien (VRS) today seems to have appeared in recent years in the form of an equity sharing agreement – lots of companies have done such deals with all the usual death spiral providers, hence the howls of “it’s a death spiral”. However, they are not new and there are key differences with the standard death spiral.
Last week I asked you to supply your idea of the most moronic post on the ADVFN, LSE or iii Asylums or on twitter. There were some good entries as you can see HERE but thanks to Aiminvestor for spotting this gem from the ADVFN asylum, Versarien (VRS) thread, natch, explaining why shorters should be in prison whatever they say but share rampers create wealth and should all be lauded whatever they say. Our BB of the week is “Scrutable”:
Covid 19 brings out the best in folks and the worst in folks. In that vein to lighten the mood I bring you a Bulletin Board Moron contest with a difference. Simply find the most idiotic post on the LSE, ADVFN, iii asylums or on twitter which must reference the virus and post it in the comments section below before midnight on Sunday 22 March. I challenge you to surpass this effort below, from Versarien (VRS) ramper superg on the ADVFN asylum who thinks short sellers want folks to die from the virus for their financial gain.
Well here is my estimate of when and at what price. But perhaps you have a better idea and might win some Greek Hovel olive oil as a result. Let’s start with a reminder of when Versarien (VRS) runs out of cash. Methinks the maths have got worse.
Versarien (VRS) shares raced ahead yesterday as Doc Holliday pumped away, He has now admitted that he has sold most of his stock into that pump. Suckers! Today Neill Ricketts has done an interview with IG where the questions were blowjob soft and even so the bullshitter struggled as you can see below.
A week ago, I asked you for examples of sheer lunacy from the ADVFN, iii and LSE Asylums and there were indeed many fine examples provided as you can see HERE. However, anyone who uses the Nazis to make their point is generally someone who has completely lost the plot and thus there can be only one winner.
The Versarien (VRS) owning lunatic from the ADVFN Asylum cited below really does take paranoia to a new level. "infamy, infamy, they have all got it in for me". The only suerprise is that he does not mention the Jews or Mossad in his deranged post below. Anyhow can you find something even crazier on the ADVFN, iii or LSE asylums or on twitter before midnight on Sunday. If so, post it in the comments section below. But you have to beat the moronic post below:
