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Versarien: – questions for Chris Leigh and Gregg Watts of BDO about Innovate Loan accounting in last year’s accounts, more schoolboy errrs

By Tom Winnifrith, the Sheriff of AIM | Friday 28 February 2025


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.


In yesterday’s announcement Versarien (VRS) indicated that 50% of the interest payments of 7.4% which were due to become payable in February 2025 on the Innovate Loan of £5 million would now become payable commencing August 2026.
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