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Versarien AGM statement – car crash, 0p target now in sight

By Tom Winnifrith, the Sheriff of AIM | Wednesday 29 March 2023

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.

Oh dear, oh dear, as the disgraced share tipster "old mother" Mike Walters used to say when one of his many disastrous share tips collapsed. Versarien (VRS) is just the sort of blue sky company churning out lies and issuing new shares whenever it could that would have attracted Walters, like shit attracts flies. That even Walters did not tip Versarien tells you something. Today we have an AGM in Cheltenham and the statement from chair Diane Savory has just been released. It is dire. Everything is for sale, it is cash crisis ahoy!
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