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

By Tom Winnifrith | Wednesday 26 January 2022

Disclosure: I have no positions in any stocks mentioned, and no plans to initiate any positions within the next 72 hours. I wrote this article myself, and it expresses my own opinions. I am not receiving compensation for it (other than from ShareProphets). I have no business relationship with any company whose stock is mentioned in this article.

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.

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